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UTStarcom, Inc. (Nasdaq:UTSI) announced that it has closed a previously announced transaction with Stage Smart Limited ("Stage Smart"). Under the terms of the transaction, UTStarcom acquired a 75% interest in Stage Smart for US$ 30 million. The total consideration UTStarcom paid has two parts: 1) US$20 million in cash to Stage Smart in exchange for preferred stock.

Move, Inc. (Nasdaq:MOVE) launched on November 23, 2010 a redesigned rentals search portal on Move.com sporting an updated look and feel supported by proprietary technology and new features designed to match today's renters with their ideal apartment in just three clicks.

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