Wellington, Oct 5 NZPA - Technology company Rakon has seen business boom in Europe after its purchase of a UK business more than three years ago.

Wellington, July 23 NZPA - Technology company Rakon expects to ship a record 6.5 million units from its Auckland factory this month.

Wellington, July 22 NZPA - Technology company Rakon is spending 400,000 euros ($NZ717,400) on a French-based competitor to help accelerate its growth in high performance products.

Wellington, Nov 12 NZPA - Technology company Rakon reported first half revenue of $72.2 million, up 20 percent on the second half of last financial year, but down 9 percent on the same period last year.

Wellington, Sept 22 NZPA - Technology company Rakon will try to raise $65 million on the share market to expand its operations in China, the company said today.

Wellington, May 27 NZPA - Rakon reported a 59 percent fall in full year net profit to $4.5 million as global economic troubles hit sales.

Wellington, May 27 NZPA - Rakon reported a 59 percent fall in full year net profit to $4.5 million as global economic troubles hit sales.

Wellington, May 4 NZPA - Rakon is embarking on a $9 million two-year project to develop products in the GPS-enabled cell phone and wireless network infrastructure markets.

Wellington, Nov 21 NZPA - Rakon Ltd is reducing its workforce by 45 in a bid to streamline its Auckland manufacturing operation.

Wellington, Nov 14 NZPA - Investors punished Rakon shares after the company posted a 66 percent fall in first half earnings and indicated full year results would be well below expectations.