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Ubiquisys Names New Chairman

12:40 PM -- Femtocell hot-shot startup Ubiquisys Ltd. named telecom industry veteran Patrick Gallagher as chairman of the board today. (See Ubiquisys Names Chairman.)

With backing from Google (Nasdaq: GOOG) and T-Mobile Venture Fund , the startup now has one of the industry's movers and shakers to lead its board. Gallagher also has ties to BT Group plc (NYSE: BT; London: BTA) from a 17-year career there, which could come in handy, as it is understood that BT's checking out home base stations. (See BT Eyes Femtocells, T-Mobile Invests in Femto Firm, Ubiquisys Gets $25M, and UbiquiSys Gets Google Boost.)

Gallagher is also vice chairman of Russian operator Golden Telecom Inc. . He is chairman and member of the board of Macro4 plc (London: MAO.L), and he sits on the board of Harmonic Inc. (Nasdaq: HLIT). Gallagher was also vice chairman and CEO of FLAG Telecom Ltd. — Michelle Donegan, European Editor, Unstrung

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