InfoLogix Rallies On Collaboration Deal With Samsung
17 Maggio 2010 - 3:21PM
Dow Jones News
InfoLogix Inc. (IFLG) and Samsung Electronics Co. (005930.SE,
SSNHY) plan to collaborate on delivering mobile managed
services.
The venture will combine Samsung mobile technology with
InfoLogix services such as wireless monitoring, device management
and help-desk support for health-care and commercial enterprises.
Financial details weren't provided.
InfoLogix shares were up 23% at $8.21 in recent premarket
trading.
The cellphone industry has have been trying to shift from a
reliance on low-end phones to more profitable smartphones.
InfoLogix has been adding partners and raising capital to improve
its balance sheet. The company has posted annual losses for at
least the past five years.
-By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com;
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