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Last $0.63 USD
Change Today -0.0591 / -8.57%
Volume 340.0K
UPIP On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

unwired planet inc (UPIP) Snapshot

Open
$0.69
Previous Close
$0.69
Day High
$0.70
Day Low
$0.61
52 Week High
05/1/14 - $2.44
52 Week Low
03/20/15 - $0.55
Market Cap
70.7M
Average Volume 10 Days
343.1K
EPS TTM
$-0.02
Shares Outstanding
112.1M
EX-Date
06/13/07
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for UNWIRED PLANET INC (UPIP)

unwired planet inc (UPIP) Related Businessweek News

No Related Businessweek News Found

unwired planet inc (UPIP) Details

Unwired Planet, Inc., an intellectual property licensing company, develops patents that allow mobile devices to connect to the Internet worldwide. As of August 14, 2014, the company’s patent portfolio consisted of approximately 2,500 issued and pending U.S. and foreign patents. Its patents cover various 2G, 3G, and 4G technologies, as well as cloud-based mobile applications and services. The company’s portfolio primarily includes patents related to mobile technologies, including baseband mobile communications, mobile browsers, mobile advertising, push notification technology, maps and location based services, mobile application stores, social networking, mobile gaming, and mobile search. It primarily serves mobile cloud and services, infrastructure related to wireless networks, and mobile device markets. The company was formerly known as Openwave Systems, Inc. and changed its name to Unwired Planet, Inc. in May 2012. Unwired Planet, Inc. was founded in 1994 and is headquartered in Reno, Nevada.

15 Employees
Last Reported Date: 09/12/14
Founded in 1994

unwired planet inc (UPIP) Top Compensated Officers

Chairman, Principal Executive Officer and Cha...
Total Annual Compensation: --
Executive Vice President and General Manager ...
Total Annual Compensation: $250.0K
Executive Vice President and General Manager ...
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2014.

unwired planet inc (UPIP) Key Developments

Unwired Planet, Inc. Appoints Boris Teksler as Chief Executive Officer, Effective June 1, 2015

Unwired Planet, Inc. announced that Boris Teksler will join the company as chief executive officer, effective June 1, 2015. Mr. Teksler will also become a member of the board of directors. Mr. Teksler is currently senior executive vice president and president of the Technology Business Group at Technicolor.

Unwired Planet, Inc. Appoints Dean (Kip) Witter as CFO, Principal Financial Officer and Principal Accounting Officer

On March 12, 2015, the Board of Directors of Unwired Planet, Inc. appointed Dean (Kip) Witter III, age 67, as the Chief Financial Officer (CFO), principal financial officer and principal accounting officer of the Company, effective as of March 12, 2015. Mr. Witter will provide consulting services to the Company as CFO pursuant to an existing consulting agreement with The Brenner Group, Inc. (the Brenner Group) which was entered into as of October 31, 2014.

Unwired Planet Receives Non-Compliance Notice From Nasdaq

On March 4, 2015, Unwired Planet, Inc. received a written notification from the NASDAQ Stock Market LLC (Nasdaq) indicating that the Company was not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq Global Select Market. Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common stock for the 30 consecutive business days from January 20, 2015 to March 3, 2015, the Company no longer meets the minimum bid price requirement. The Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq. To regain compliance, the closing bid of the Company’s shares of common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive business days during the 180 calendar day grace period provided under the Listing Rules.

 

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Industry Analysis

UPIP

Industry Average

Valuation UPIP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.0x
Price/Book 1.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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