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Motorola Purchases RadioFrame Networks’ iDEN Business

Leading provider of telecommunication solutions Motorola Inc. announced on Friday that it had purchased the iDEN business from RadioFrame Networks which, as many of you might already know, is the provider of power efficient, lower cost iDEN technology. According to the former, RadioFrame Networks’ iDEN business...

21 November 2009
02:46 GMT

Skype $1.9-Billion Sale Finalized

Skype has had its most tumultuous year yet, but all the problems are finally behind it and the company can focus on growth and revenue as opposed to lawsuits. eBay has announced that it has finalized the sale it first revealed several months ago and that Skype is now a separate private company, although eBay still re...

20 November 2009
08:40 GMT

Cisco Raises the Bid for Tandberg to $3.4 Billion

Cisco has been in acquisition mode lately and has been picking up companies it deems interesting, sometimes for a hefty sum. More than a month ago, the networking giant announced its plans to acquire Norwegian video conferencing technology company Tandberg for $3 billion. The investors were apparently unimpressed by...

16 November 2009
11:59 GMT

Gizmo5 Said to Be Acquired by Google

VoIP startup Gizmo5 is a hot property, apparently. Rumors of it being in talks to be acquired by Skype last month seemed valid at the time, but the deal never went through and, now that Skype has settled all of its lawsuits, it makes little sense. But it now looks like Google was also interested and, apparently, it h...

10 November 2009
03:17 GMT

Google Announces Purchase of Mobile Advertising Company

Search engine company Google announced on Monday that it signed an agreement for the purchase of AdMob, a mobile advertising firm. According to Google, the San Mateo, CA.-based AdMob, which was founded in 2006 by Omar Hamoui, has become a company with great mobile advertising products, and its talented team will soon...

10 November 2009
02:28 GMT

AT&T Announces Centennial Communications Acquisition

Wireless carrier AT&T has announced today that it has completed the acquisition of Centennial Communications Corp., and that the deal will improve its network coverage in the Midwest and Southeast United States, in Puerto Rico and the U.S. Virgin Islands. According to the company, it plans on integrating Centennial&r...

6 November 2009
10:59 GMT

M86 Security Acquires Finjan

M86 Security has announced the acquisition of cloud-based Web security provider Finjan. The vendor's products and technology will expand M86's portfolio of Web and messaging security solutions.M86 Security is a relatively new company formed last November through the merge of UK-based Web security vendor Mar...

5 November 2009
06:39 GMT

Amazon and Zappos Finalize Acquisition Deal

Amazon and Zappos have finally closed the acquisition deal first announced in July, both companies have confirmed. The biggest online retailer in the world made a bid last summer to acquire the shoe and apparel shopping site in a mostly stock deal. When the deal was announced, Zappos was valuated at about $880 millio...

2 November 2009
10:55 GMT

Cisco to Acquire ScanSafe

Cisco Systems announced its plan to acquire ScanSafe for $183 million. The networking giant plans to integrate the Web security company's cloud-based service into some of its existent products. Headquartered in San Francisco, but with offices in London and Tokyo, ScanSafe is a global provider of Web and Messagi...

28 October 2009
10:49 GMT

Ask.com May Be Looking for Buyers

If you think the search landscape is unbalanced now, things are about to get even worse. For all intents and purposes there are three players in the search market right now, Google, Yahoo and Microsoft. For several years though there has been a perennial fourth, Ask.com, which hasn't managed to get any traction ...

28 October 2009
06:21 GMT

Rapid7 Acquires Popular Pen-Testing Tool Metasploit

The vulnerability management company Rapid7 has acquired the rights to the Metasploit Framework code, as well as its trademarks and website. The project's founder, HD Moore, will join Rapid7 as its new Chief Security Officer and the platform will retain its open-source licensing. The Metasploit Framework is a h...

22 October 2009
09:51 GMT

Sprint to Purchase iPCS

Wireless carrier Sprint has announced today that it has reached an agreement with iPCS, Inc for the purchase of the latter. The deal is estimated at around $831 million and should be closed before the end of the ongoing year or at the beginning of the next one. According to Sprint, it should achieve around $30 millio...

19 October 2009
13:31 GMT

MySpace Is Looking for Buyers for Photobucket

Despite a new-found wave of enthusiasm at MySpace, the social network's decline shows no sign of stopping anytime soon. News Corp., MySpace's parent company, isn't doing great financially either, so rumors that the companies are looking to get rid of Photobucket, the popular photo-sharing site acquired...

17 October 2009
04:05 GMT

Nokia Announces Management Changes

Espoo, Finland-based mobile phone maker Nokia has announced today that it has made a series of changes in its Group Executive Board members. Thus, Nokia Chief Financial Officer Rick Simonson will lead the Mobile Phones entity in the Devices unit starting with November 1, 2009. Moreover, he will also be the head of &l...

16 October 2009
10:25 GMT

The Economy May Be Picking Up, Google Says

Google CEO Eric Schmidt and cofounder Sergey Brin spoke at a press conference in New York earlier touching on most aspects of the company and some of the more pressing issues like Google Books and Google Chrome. The company's economic state also came under scrutiny. Google has weathered the economic downturn bet...

8 October 2009
06:31 GMT

EDS Becomes 'HP Enterprise Services'

In mid-2008, Palo Alto, California-based Hewlett-Packard announced that it had reached a definitive agreement that would enable the company to acquire EDS (Electronic Data Systems) for a price tag of US$13.9 billion. Since then, a number of changes have been made, but the company has just announced one of the most si...

24 September 2009
09:42 GMT

Google to Go on an Acquisition Spree

There's been a lot of talk about the economy picking up, or at least bottoming out, but few have been willing to “put their money where their mouth is” as the saying goes. Google CEO Eric Schmidt was one of the most optimistic voices out there and has been predicting a resurgence for some months and ...

24 September 2009
09:36 GMT

Yahoo to Sell Zymbra, Small Businesses Unit

As Yahoo reshapes itself as a media company, creating original content, it also focuses more on its core businesses and has been shedding some of the less than essential properties. Many have been outright closed down, some have been sold and others still have a price tag on them. Separate reports indicate that Yahoo...

22 September 2009
03:01 GMT

Google Acquires reCAPTCHA's Spam Filter

Today, September 16th, 2009, could be remembered as the day computers started manipulating humans and taught themselves to read. By acquiring reCAPTCHA, a renowned spam filter used on the Internet for more than two years, Google has breathed new life in its Google Books project. As the official Google blog states, ...

17 September 2009
06:02 GMT

Avaya to Acquire Nortel’s Enterprise Division

Enterprise-phone equipment company Avaya has reportedly won a bid for the acquisition of Nortel Networks Corporation's Enterprise division. According to the news around the Internet, the company has agreed to pay around $900 million for the unit and also to spend $15 million for an employee-retention program. As...

15 September 2009
02:29 GMT

T-Mobile US Interested in Sprint's Acquisition

According to the latest news around the Internet, T-Mobile US might be interested in acquiring Sprint Nextel, the third largest carrier in the country. UK-based newspaper The Telegraph reports that Deutsche Telekom, T-Mobile's parent company, might submit a bid for Sprint, and that it has already called banking ...

14 September 2009
09:53 GMT

Adobe Acquires Business Catalyst

Adobe, the largest web-design and web-development tool provider in the world has acquired Business Catalyst, a small company that offers a platform for web-designers to build e-commerce websites without any programming skills. Business Catalyst is also the owner of the GoodBarry platform, which was included in the t...

1 September 2009
05:08 GMT

Terracotta Acquires EHCache, Creates Waves in Java Development World

Terracotta has recently acquired another Java development company, called EHCache. This merger leaves experts anticipating a future acquisition of the new company by the VMWare / SpringSource conglomerate. Both Terracotta and EHCache provide similar and complementary services to the area of expertise in which VMWare ...

25 August 2009
09:39 GMT

Friends Reunited, Social Networking Pioneer Sells for £25 Million

Years after being the most popular social network in the UK, and one of the pioneers of social media around the web, the Friends Reunited website was sold by ITV to DC Thompson for 25 million British pounds. The sale was initially predicted at £15 million pounds, but ITV managed to cut its losses and raise the ...

7 August 2009
06:18 GMT

McAfee to Acquire MX Logic

McAfee has recently announced its plans to acquire Web and Email security provider and cloud-based technology pioneer MX Logic for $140 million. The deal is expected to be finalized by the third quarter of 2009, with the MX Logic team reporting to McAfee's Software-as-a-Service business unit. MX Logic is a comp...

3 August 2009
07:25 GMT

More Details Revealed on the Zappos Acquisition

Amazon announced it would buy online shoe and apparel retailer Zappos for upwards of $900 million in a stock swap deal last week and new details have now surfaced after the regulatory SEC filing yesterday. The papers show how the negotiations went as well as more financial details about the deal and the companies. On...

28 July 2009
09:08 GMT

More Carriers Interested in T-Mobile UK

According to the latest news on the Web, Vodafone is not the only carrier that bids for T-Mobile UK. It seems that O2 is interested in a possible acquisition too, and Orange might also drop an eye on the wireless operator. Although nothing has been officially announced until now, in the near future we might hear that...

2 July 2009
10:33 GMT

Vodafone to Take Over T-Mobile UK

According to the latest news on the Web, wireless carrier Vodafone is considering making a bid for the T-Mobile UK business, Deutsche Telekom's subsidiary in the country. While Vodafone is considering the move as a possibility to consolidate its position in the UK market, Deutsche Telekom is reported to have app...

29 June 2009
11:01 GMT

Nokia Siemens Networks Purchases Nortel LTE and CDMA Divisions

Nokia Siemens Networks recently announced the acquisition of key assets from Nortel. With the new purchase, the company is moving forth in the strengthening of its leading position in Long Term Evolution, or LTE, next generation wireless technology, and is also expanding its presence on the market in North America.Th...

22 June 2009
06:37 GMT

Intel Increases Its Stake in Imagination Technologies

As it prepares itself for the inevitable launch of the first product based on the much-hyped Larrabee chip, Santa Clara, California-based Intel further strengthens its stake in Imagination Technologies, increasing it by an additional 25 million shares. The world's leading chip maker now owns 13.99 percent of the...

19 June 2009
06:30 GMT

Dell Said to Acquire 'Significant-Sized Company'

Round Rock, Texas-based PC vendor Dell is reportedly planning a significant acquisition amid a period of competition for technology deals, according to a recent report on the Wall Street Journal. The company has made several moves in that perspective, pointing to an upcoming announcement of a possible acquisition. Un...

12 June 2009
10:28 GMT

AOL Acquires Two Local Services

AOL has announced the acquisition of two businesses to help it bring a local online experience to its users, namely Patch Media Corporation and Going, Inc., which already offer services with a local focus. The former is a local news and information platform while the latter provides local content and self-service app...

12 June 2009
04:49 GMT

Intel Lays Out Plans to Acquire Wind River Systems for US$884 Million

Continuing to plan for the road ahead, Santa Clara, California-based Intel has just announced that it has entered the final stage of negotiation with Wind River Systems, which will be acquired by the world's leading chip maker for approximately US$884 Million. Wind River Systems is a company that specializes in ...

5 June 2009
02:52 GMT

Wizard Media - Six iPhone Apps to Make $228,000

Giant podcasting network Wizzard Media has announced acquiring the exclusive distribution rights to six iPhone apps, according to an official report. Blue Attack, OmNomNom, Sudoku Unlimited, TouchScan, Blue Defense and Sudoku Classic will reportedly generate over $228,000 in annual revenues, Wizzard Media believes. D...

4 June 2009
10:19 GMT

Apple to Acquire Twitter for $700M (Rumor)

Apple is rumored to be in talks with Twitter high-ups to acquire the free social networking and micro-blogging service that enables its users to send and read others' tweets (updates). According to a ValleyWag report, a senior Apple insider told the site that, “Apple and Twitter are in serious negotiations...

5 May 2009
10:58 GMT

12 Years Ago Today, Apple Completed the Acquisition of NeXT Computer

NeXT was an American computer company headquartered in Redwood City, California. It developed and manufactured computer workstations intended for the higher education and business markets.It was 1984. Apple co-founder Steve Jobs was the head of Apple's SuperMicro division, which was responsible for the developme...

5 February 2009
03:42 GMT

Nokia Buys bit-side to Speed Development of Nokia Maps

The Finnish mobile phone maker Nokia has recently announced that it plans to acquire the Berlin-based professional services and software company, bit-side. This is a privately-owned German mobile mapping software firm that has 39 employees. Nokia stated that the acquisition of bit-side is expected to allow it to stre...

28 January 2009
03:19 GMT

Verizon Wireless Ends the Purchase of Alltel

Verizon Wireless, the joint venture of Verizon Communications and Vodafone, announced that the acquisition of Alltel Corporation from Atlantis Holdings LLC had been completed. The transaction was first revealed on June 5, 2008, and Verizon Wireless paid around $5.9 billion for the equity of Alltel. The company al...

10 January 2009
05:03 GMT

Verizon Wireless to Close Alltel Deal on January 9th

Verizon Communications Inc. has recently announced that the acquisition of cellular carrier Alltel Corp. by Verizon Wireless is expected to close on January 9th. The $5.9 billion deal has been announced in June, and is supposed to make Verizon Wireless the largest wireless carrier in the country, as it will have arou...

5 January 2009
08:47 GMT

Transmeta Acquired by Novafora

The Santa Clara-based Transmeta Corporation and Novafora, Inc. announced inking a definitive agreement for the acquisition of Transmeta for $255.6 million in cash, subject to certain working capital and other adjustments. Novafora is based in San Jose, California, a privately held fabless semiconductor company that d...

19 November 2008
06:24 GMT

Panasonic to Acquire Sanyo

Panasonic, one of the largest makers of consumer electronics, formerly known as Matsushita Electric, is now reported to plan to acquire smaller rival Sanyo Electric, as part of a deal that will make Panasonic surpass Hitachi and consequently become the largest electronics equipment producer in Japan. Furthermore...

10 November 2008
04:16 GMT

SanDisk Reports Q3 Loss, Samsung Loses Interest

Last month, Samsung officially expressed in an open letter its intentions of buying flash memory manufacturer SanDisk, thus placing an offer for the latter to analyze. Samsung offered $26 per share, which, based on SanDisk's share total of approximately 225 million, would have raised the value of the transactio...

22 October 2008
05:06 GMT

Toshiba Has No Interest in Acquiring SanDisk

Last month, Samsung officially placed an offer of $5.8 billion for the acquisition of SanDisk, which was almost instantly turned down by the flash memory manufacturer. After the offer was rejected, several other companies, including Intel and Seagate, were rumored to have shown signs of interest in engaging in a pos...

3 October 2008
07:12 GMT

McAfee to Extend Its Network Security Portfolio

McAfee Inc. announced that it would acquire Secure Computing, a leading provider of network security solutions. The deal will cost the Santa Clara company an estimated $465 million, but it will significantly improve their previously not so impressive share in the network security market.Secure Computing Corporation i...

23 September 2008
09:33 GMT

Samsung Offers $5.8 Billion for SanDisk

Not very long ago, we informed you about Samsung's intentions to acquire SanDisk, a leading manufacturer of flash-based memory products. Back then, no type of feedback came from SanDisk, while the exact details of a possible acquisition weren't available. However, it appears that the Taiwan-based company ha...

17 September 2008
04:08 GMT

Secure Computing to Make Strategic Acquisition

Secure Computing is to acquire Securify, a startup focused on identity-based monitoring solutions. The value of the acquisition is of approximately $15 million but, aside from this amount, Securify is also bound to deliver an earn-out of $5 million once the transaction takes place. The contract will probabl...

5 September 2008
04:31 GMT

XtremeMac Acquired by Imation

On Monday, Imation Corp announced its acquisition of Xtreme Accessories LLC, also known as XtremeMac. XtremeMac is responsible for some of the most stylish iPod and iPhone accessories, and has generated approximately $25 million of revenue in 2007.Imation, the world's biggest provider of removable data storage p...

1 July 2008
17:26 GMT

Take Two Responds to Fourth Tender Offer Extension

This is getting pretty annoying and, what's even worse: it no longer surprises anybody. Yes, I'm talking here about Electronic Arts' desire to purchase Take Two. The short story is: EA keeps offering the same amount of money over and over again while Take Two rejects the same amount of money over and o...

18 June 2008
02:41 GMT

Ubisoft Prepares $1.2bn for Acquisitions

It is no longer a secret for anybody that, in a few years, the gaming industry will have just a few huge companies fighting for the number 1 spot, while small, independent game developers and publishers will continuously be swallowed by the big guys. Which is a scary and completely wrong thing, but we're not goi...

2 June 2008
03:53 GMT

Yahoo on the Microsoft Acquisition: What Doesn't Kill You Only Makes You Stronger...

Following Microsoft's interest in buying Yahoo and the Redmond-based company's withdrawal, Jerry Yang, CEO & Chief Yahoo, admitted that the latest few weeks were quite important for the Sunnyvale-based firm and, even if the company has been under the world's spotlights, this may also be a good thing. S...

5 May 2008
02:14 GMT


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