'joint venture'

New Verizon, Redbox joint venture to offer Netflix-like video streaming

By: |Feb 6th, 2012 at 07:45PM
Filed Under: Business
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Verizon and Redbox-owner Coinstar on Monday announced a new joint venture in which the two companies will offer a new streaming video service. The joint venture was originally called “Project Zoetrope” and initial details began to surface in December of last year. It’s still unclear what the joint venture will be called or what exactly each company’s role will be, however Verizon said that the companies will begin to offer a “video on demand streaming and download service” ...

Corning and Samsung form joint venture to combine ‘Lotus Glass’ with OLED displays

By: |Feb 3rd, 2012 at 08:00PM
Filed Under: Business
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Samsung and Corning — best known for its Gorilla Glass products — announced a new joint venture this week that will manufacture specialty glass substrates for OLED displays. The joint venture will be based in South Korea and will combine Samsung’s OLED display technology with Corning’s ultra tough Lotus Glass substrate. The new displays will be utilized in mobile devices as well as larger products, such as televisions, and will be used in Samsung products and sold to other South Korean manufac...

NTT DoCoMo, Samsung and four others create joint venture for LTE development

By: |Dec 28th, 2011 at 03:00AM
Filed Under: Business, Mobile
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NTT DoCoMo, Samsung, Fujitsu, Fujitsu Semiconductor, NEC and Panasonic announced plans on Tuesday to establish a joint venture in which the firms hope to work together to create LTE and LTE Advanced products. The fabless JV will specifically focus on the development of “feature-rich, small-size, low-power-consumption semiconductor products equipped with modem functionality” for LTE and LTE Advanced networks. Products developed by the companies will be sold globally. NTT DoCoMo will invest $5.8 mil...

Samsung to buy Sony’s share of S-LCD joint venture for $940 million

By: |Dec 26th, 2011 at 09:01AM
Filed Under: Business
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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...

AT&T considering joint venture with T-Mobile if merger falls apart

By: |Nov 30th, 2011 at 05:10PM
Filed Under: Business, Rumor
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AT&T is reportedly considering a joint venture with T-Mobile USA parent company Deutsche Telekom instead of buying T-Mobile USA outright. Sources speaking to The Wall Street Journal said the plans are far from final, but such a deal could be looked at more closely now that AT&T is facing a number of roadblocks with its planned merger. AT&T recently withdrew its application from the FCC to acquire T-Mobile USA; the carrier will instead focus on a lawsuit brought against the merger by the Department...

Huawei to acquire Symantec’s 49% stake in Huawei Symantec for $530 million

By: |Nov 15th, 2011 at 01:00AM
Filed Under: Business, Security
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Huawei announced on Monday its intentions to purchase Symantec’s 49% stake in Huawei Symantec, a joint venture between the two companies that was originally formed in 2008, giving Huawei full control of the company. “The integration of Huawei Symantec’s innovative security and storage technology with Huawei’s enterprise products will reinforce Huawei’s leading position in cloud computing,” said Guo Ping, deputy chairman of Huawei.” The $530 million purchase is still pending regulato...

Japanese tech firms to take on Qualcomm with help of Samsung

By: |Sep 13th, 2011 at 10:45PM
Filed Under: Business, Mobile
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NTT DoCoMo, Fujitsu, NEC and Panasonic are discussing a joint venture with Samsung that could be created as early as next year, Reuters reported recently. The companies will develop new smartphone baseband chips in an attempt to compete directly with Qualcomm, which currently has an 80% grip on the baseband chip industry. NTT DoCoMo will be the majority owner in the Japan-based joint venture and the total investment is expected to be about $390 million. The joint venture will help each firm cut down procureme...

Nokia, Siemens bail on effort to sell Nokia Siemens Networks

By: |Jul 13th, 2011 at 11:00PM
Filed Under: Mobile
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Nokia and Siemens have given up efforts to sell Nokia Siemens Networks, Reuters reported on Wednesday. The firms had been trying to sell the joint venture, which has had troubles reporting a profit, for the past year. “The timing for selling the unit could hardly have been worse; there are clear signs from companies like LG and ASML of European handset market descending into a slump and selling a mobile network company on the eve of a handset market downturn is a tough challenge,” MKM Partners ana...

Facebook and Google eyeing Skype joint venture, possible purchase

By: |May 5th, 2011 at 08:40PM
Filed Under: Mobile, Services, Software
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Facebook and Google are in separate talks to enter joint ventures with Skype, Reuters reported on Thursday. Facebook’s CEO Mark Zuckerberg has also reportedly been in clandestine meetings discussing an all-out purchase of the VoIP service. Skype’s IPO, which is expected to occur later this year, could be worth $1 billion, however, deals with Facebook or Google could bring in as much as $3-$4 billion, Reuters said. Skype 5.0 launched in October of this year and added tight Facebook integration, but...

Apple announces Joint Venture to retail employees; looks to service small businesses at Apple Stores

By: |Mar 1st, 2011 at 02:22AM
Filed Under: Retail
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On schedule and as we exclusively reported, Apple announced its Joint Venture service this weekend to Apple Store employees. The new offering aims to bring small business customers into retail stores, providing more business-centric and personalized services. Users can enroll in Joint Venture for an annual fee of $499. What does that steep fee get you? The fee covers up to five users (additional users can be added for $99 per person per year) and provides priority service at Apple’s Genius Bars (skip...

Exclusive

Apple to roll out retail-based ‘Joint Venture’ service in coming weeks

By: |Feb 22nd, 2011 at 04:43PM
Filed Under: Exclusive
23

There has been quite a bit of noise recently about a quarterly, morning meeting for Apple retail employees scheduled for this Sunday, February 27th. Apple retail staffers have been asked to sign a non-disclosure agreement — not a standard procedure for such meetings — sparking speculation about Macbook Pro, iPad, and other hardware-related unveilings. BGR has learned that the topic in question is a new, retail-based service being called Joint Venture. First rumored back in March of last year, ...

Asustek confirms Garmin-ASUS split

By: |Oct 25th, 2010 at 07:15PM
Filed Under: General
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Asustek confirmed Monday that the Garmin-ASUS joint venture it entered into with GPS giant Garmin two years ago will end early next year. The confirmation comes following last week’s report that the unsuccessful venture would come to an end when the companies’ deal expires in January 2011. With the popularity of navigation apps for smartphones exploding over the past few years, the joint venture seemingly started as an experiment that posed a single question: are consumers interested in a product ...

Unsuccessful Garmin-ASUS venture to end in January 2011

By: |Oct 22nd, 2010 at 09:56AM
Filed Under: Rumor
10

It was all but written in the stars, and now it is also written in the Chinese paper Economic Daily — Garmin will soon be un-ASUS’d and ASUS is losing its Garmin. The two companies will reportedly not be renewing a two-year contract that birthed such mediocre smartphones as the Nuvifone M20 and T-Mobile’s Garminfone. Truth be told, each of the aforementioned handsets provided a navigation experience that was well above average when it comes to phones, but a great integrated nav experience seemin...

Ericsson looking to dump cell phone business; Sony to buy its stake in SE?

By: |Mar 18th, 2009 at 10:50AM
Filed Under: Rumor
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This one definitely falls into the unconfirmed rumors category for the time being, but a German magazine is reporting Ericsson has had enough of the consumer cell phone game. According to the report, Ericsson is looking to dump its stake in the company’s joint venture with Sony, Sony Ericsson, and stick to what it does best — infrastructure, back end network components and the like. The magazine also states that Sony may be toying with the idea of picking up Ericsson’s share of the JV and co...