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In doing so, 3rd Rail Studio will bring important awareness to this stimulating and often ground-breaking art form as it richly deserves.
3rd Rail Studio is an independently owned art gallery that is dedicated to showcasing and promoting the work of talented artists.
Expenses also included amortization of goodwill and intangibles from the acquisition of 3rd Rail Engineering.
Research and development expense for the quarter ended December 31, 2000 increased 117 percent over the previous quarter, reflecting the addition of 3rd Rail Engineering personnel at the beginning of the quarter and their immediate involvement with the company's increased development activities.
On October 5, 2000 the company acquired 100 percent of the common stock of 3rd Rail Engineering, an engineering services and product design company with a strong background in the design of embedded systems based on the Microsoft Windows CE operating system for $1.
Hughes and Miller are former officers of 3rd Rail Engineering, a product development company recently acquired by Socket.
In his standards-setting role, Ott will also work closely with Tom Newman, former Vice President of Engineering at 3rd Rail Engineering, who will become Socket's Senior Director of Advanced Technology.
NASDAQ:SCKT)(PSE:SOK) today announced the company has acquired 3rd Rail Engineering, an engineering services and product design company with a strong background in the design of embedded systems based on the Microsoft Windows CE operating system, in a cash and stock transaction valued at approximately $12 million.
The 3rd Rail acquisition represents a key strategic component of Socket's leadership in providing connection solutions for mobile handheld computers and for electronic devices such as LAN access points, digital cameras, mobile phones, bar code scanners, and printers that are expected to connect wirelessly to handheld computers within a Bluetooth Personal Area Network.
This is a switching authorized person for short-circuiting of the 3rd rail.