Wireless Vendor Sila Goes Into Survival Mode
ORGANIZATION AND STRATEGY
LONDON--Sila Communications, the wireless data provider set up by Reuters and Aether Systems last year, has laid off three quarters of its staff, closed down its development department and is selling off or closing the businesses that are not profitable.
"We are withdrawing from the new technologies for the near future and concentrating on our profitable business units in Europe," says Mark Courtney, managing director of Sila. "As we wanted to survive until the market picks up, we shelved our
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