Psion buys Teklogix

The UK’s position as a leader in developing interactive electronic products was highlighted by two deals announced this week. In the first, Cambridge-based hand-held computer maker Psion bought Canadian wireless technology company Teklogix for £242m. The deal will allow Psion to develop ways of connecting its computers to mobile telephones and other electronic devices. Meanwhile, […]

The UK’s position as a leader in developing interactive electronic products was highlighted by two deals announced this week. In the first, Cambridge-based hand-held computer maker Psion bought Canadian wireless technology company Teklogix for £242m. The deal will allow Psion to develop ways of connecting its computers to mobile telephones and other electronic devices. Meanwhile, set-top box developer Pace Micro Technology and automation group Invensys are to cooperate on home networking technologies – linking domestic appliances and heating and ventilating systems to each other and to the outside world.