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Zach Epstein |Feb 9th, 2012 at 07:20AM
Google’s bid to acquire Motorola Mobility for $12.5 billion is set to gain regulatory approval as soon as next week, multiple reports claim. Google announced last summer that it intended to purchase the struggling smartphone and set-top box maker for $40 per share, and CEO Larry Page explained that Motorola’s patent portfolio was a key draw for the company. Google’s Android partners had fallen under attack from patent predators such as Apple and Microsoft, and the ability to spread Motorola&...
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Dan Graziano |Jan 31st, 2012 at 06:05PM
Nikesh Arora, Google’s SVP and Chief Business Officer, will run Motorola once the Google acquisition closes later this year, according to rumor published by Business Insider. Arora ran the company’s international business for Eric Schmidt, taking over the global business after the former CEO stepped down. Arora has reportedly been “agitating” for a CEO position and was included on a short list of candidates to head Yahoo. It is possible, however, that a promised CEO slot at Motorola c...
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Zach Epstein |Jan 24th, 2012 at 06:35PM
Twitter finally appears to be preparing a new wave of attacks on the malicious spammers that have overrun the popular social network during the past year. Web security firm Dasient on Monday announced that it has been acquired by Twitter. ”Since its inception, Dasient has been focused on solving web-scale security problems involving malware and other types of online abuse,” the firm noted in a blog post. “In 2009, Dasient launched its web anti-malware platform, capable of scanning URLs an...
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Todd Haselton |Jan 19th, 2012 at 03:45PM
The European Union will decide on February 13th whether or not to give its blessing to Google’s planned purchase of Motorola Mobility. Google recently provided European courts with more information in support of the merger, Reuters said. The European Union suspended its review of the merger on December 12th pending Google’s submission of documents that are considered “essential to its evaluation of the transaction.” Google announced on August 15th its intentions to purchase Motorola M...
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Dan Graziano |Jan 18th, 2012 at 09:25PM
After the company’s failed acquisition of T-Mobile, AT&T is said to be in dire need of additional wireless spectrum and may be looking at Dish Network, the second-largest satellite-television provider in the United States. “AT&T wants to get more spectrum,” said Recon Analytics Roger Entner in a telephone interview with Bloomberg. “They are a year behind Verizon in the LTE race. Dish would undoubtedly be a good combination and it would solve a lot of AT&T’s problems.” Dish acqu...
Exclusives
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Jonathan S. Geller |Jan 17th, 2012 at 11:04AM
Research In Motion is currently weighing every single option it can think of in an effort to reverse a negative trend that is approaching a boiling point for investors. Reports that RIM is currently in talks to license its software to other vendors are accurate according to our trusted sources, though we have been told that RIM is most likely leaning toward an outright sale of one or more divisions, or even the whole company. The front runner, we have been told by a trusted source with knowledge of the situ...
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Zach Epstein |Jan 6th, 2012 at 07:15PM
Nokia has acquired Oslo, Norway-based cell phone operating system developer Smarterphone AS as it prepares to launch a reinvigorated attack on emerging markets. The transaction was completed in November 2011 according to major investor Ferd Capital, and the terms of the deal were not disclosed. Smarterphone AS has built a proprietary operating system that is designed to provide “highly advanced functionality on very moderate hardware.” While Nokia’s smartphone lineup is now powered by Microsoft...
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Todd Haselton |Jan 6th, 2012 at 02:00PM
Poor sales of the Nokia Lumia 800 and 710 may have prompted Nokia to resume acquisition talks with Microsoft during November, according to a recent Forbes interview with influential Russian tech blogger Eldar Murtazin. Rumors that Nokia was considering selling off its smartphone business to Microsoft first surfaced in June but were quickly shot down by both companies. Murtazin said, however, that the talks resumed again this past November and that it’s possible Nokia could be interested in selling i...
Featured
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Todd Haselton |Dec 29th, 2011 at 10:40AM
2011 was a wild, wild year to follow the technology industry. AT&T failed to buy T-Mobile USA, things got rough for RIM and Apple and Samsung fought legal battles all over the world. Still, one of the biggest stories of the year began when Google announced in August that it planned to purchase Motorola Mobility, a member of the open handset alliance, for $12.5 billion. Pundits immediately needed to know one thing: what did Google’s other Android partners think? Surprisingly, HTC, Samsung, LG and So...
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Todd Haselton |Dec 27th, 2011 at 10:15PM
Following the FCC’s approval last week, AT&T announced Tuesday that it has finalized its acquisition of Qualcomm’s 700MHz spectrum licenses. The spectrum, which was previously used for Qualcomm’s FLO TV product, covers more than 300 million United States residents. AT&T said it paid Qualcomm approximately $1.9 billion in the deal. “This spectrum will help AT&T continue to deliver a world-class mobile broadband experience to our customers,” said AT&T SVP-Federal Regula...
Featured
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Todd Haselton |Dec 27th, 2011 at 01:05PM
AT&T made headlines in March of this year when it announced plans to acquire T-Mobile USA from Deutsche Telekom for $39 billion. Here we are nine months later and the deal is dead in the water, but there was a huge game of tug-of-war going on all year between AT&T, policy makers, the government and AT&T’s competitors. There were points when it seemed that the merger was bound for approval, and others where it seemed fairly certain that the government would reject AT&T’s application...
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Todd Haselton |Dec 26th, 2011 at 09:01AM
Samsung will purchase Sony’s 50% share of S-LCD, a joint venture created by both companies in 2004, for $939.6 million. Both companies will continue to cooperate on the development of new LCD panel technology, however, and Sony says it hopes to “secure a flexible and steady supply” of LCD panels from Samsung moving forward. “With whole ownership of S-LCD, Samsung anticipates heightened flexibility, speed and efficiency in both panel production and business operations,” Samsung sa...
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Joshua Karp |Dec 23rd, 2011 at 06:45PM
News broke earlier this week that Apple has acquired Israel-based fabless flash memory firm Anobit for as much as $400 million according to TheMarker, adding another leading chip maker to the company’s portfolio. Anobit’s NAND flash memory is already used in Apple products including the iPhone and iPad, and the firm’s technology is said to offer several advantages over that of its rivals. As DigiTimes pointed out in a recent report, the move also means Anobit’s other clients are now fo...
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Zach Epstein |Dec 23rd, 2011 at 08:01AM
Now that its bid to acquire T-Mobile USA for $39 billion has been put to bed by strong opposition, AT&T has to look elsewhere in an effort to find spectrum that will accommodate the carrier’s ever-growing subscriber base while it transitions to LTE. The carrier is clearly facing an uphill battle but it took a sizable step forward on Thursday evening when the Federal Communications Commission granted approval to AT&T’s proposed acquisition of 700MHz spectrum licenses from Qualcomm. ”...