Daily Archives: February 18, 2010

Maija Palmer

Iridium logoThe past has a way of catching up with you. Iridium, the satellite phone company, has been working hard to re-invent itself following its 1999 bankruptcy. Last September it returned to the stock market through a reverse takeover, and has set about raising money for a new fleet of low-earth orbiting satellites.

In the 1990s Iridium launched with the idea of selling satphones to a wide consumer market, but was soon overtaken by the mobile phone industry. It became chiefly a niche provider of phones to aid workers and the military.

Now, Matt Desch, chief executive, believes there could be a big new market to be exploited in tracking all sorts of objects, from trucks and cargo containers to polar bears, by satellite.   Read more

Chris Nuttall

RealNetworks’ founder Rob Glaser stepped down as chief executive in January as the company went on to announce the spin-offs of its games business and Rhapsody music service in response to falling revenues in 2009.

RealPlayer , the audio streaming product that defined the company when it was launched 15 years ago, is now once again the focus, with a new version unveiled today. Read more