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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Jim Spitz who wrote (36463)	10/9/2001 8:44:26 AM
From: Jim Spitz	Read Replies (1) \| Respond to of 37746

Company News Published Oct 9 2001 Best Buy Co. Inc., Eden Prairie, said its BestBuy .com unit has launched a digital download site. The site will offer music downloads from EMI, AOL Time Warner and BMG, and the retailer hopes to add content from other major labels. ADC Telecommunications Inc., Minnetonka, said it has an agreement to sell its radio frequency filtration equipment business to REMEC Inc. Terms of the deal include $50.1 million in cash for sale of stock of ADC Mersum Oy in Oulu, Finland. Dresdner Kleinwort Wasserstein served as financial advisers and assisted ADC with the sale. The sale, expected to close within 30 days, affects about 600 ADC employees in Finland. Raymedica Inc., Bloomington, a development-stage medical device developer and manufacturer, said it received a notice of allowance from the U.S. Patent and Trademark Office for an additional patent covering an alternative method of manufacturing its prosthetic disc nucleus device, a spinal implant designed to replace the function of a failed disc in the lower back. The device has not yet been approved for marketing in the United States, where it is available only as an investigational device. Stellent Inc., Eden Prairie, formerly IntraNet Solutions, said it formed a strategic alliance with Primix, a professional services firm that helps clients use the Internet, wireless and broadband technologies. MTS Systems Corp., Eden Prairie, said it received more than $16 million in orders for advanced seismic and building simulation equipment. © Copyright 2001 Star Tribune. All rights reserved.