Motricity announced it has completed its acquisition of Adenyo, a mobile advertising, marketing, and analytics solutions provider with operations in the United States, Canada and Europe. Motricity’s integration of Adenyo’s capabilities into its software as a service platform, mCore, significantly expands the company’s solution...
America Movil | April 19, 2011 | Press Release
Mexico City, México, April 19, 2011. América Móvil, S.A.B. DE C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL), announced today that it has entered into a stock purchase agreement with GE Satellite Holdings LLC and its affiliates...
Nokia Siemens Networks | April 13, 2011 | Press Release
Espoo, Finland - April 13, 2011
Preliminary injunction from Huawei preventing transfer of certain assets withdrawn
Companies target April 29, 2011 to close transaction
Anti-trust approval still pending from Chinese regulatory authorities
A new purchase price of US $975...
Verizon Communications Inc. (VZ) said it has closed on its $1.4 billion acquisition of Miami-based Terremark Worldwide Inc., which is expected to bolster the telecommunications provider’s cloud service operations. Verizon noted that Terremark would continue to operate as a wholly owned subsidiary.The deal was...
TelePacific Communications, announced that it has received regulatory approval for and completed the acquisition of fixed wireless internet service provider NextWeb, Inc., dba Covad Wireless. Through its acquisition of NextWeb, TelePacific now controls a WiMAX-featured wireless broadband network, a licensed microwave backhaul network, and...
American Tower | March 21, 2011 | Press Release
BOSTON, Mar 21, 2011 (BUSINESS WIRE) --
American Tower Corporation (NYSE: AMT)today released information about its business in light of AT&T's contemplated acquisition of ...
American Tower | March 21, 2011 | Press Release
BOSTON, Mar 21, 2011 (BUSINESS WIRE) --
American Tower Corporation (NYSE: AMT)today released information about its business in light of AT&T's contemplated acquisition of ...
TelePacific Communications has received the green light from regulators to finalize its acquisition of NextWeb Inc., also known as Covad Wireless. The deal will give the competitive local exchange carrier a new foothold in wireless with NextWeb's broadband fixed wireless carrier operations in California,...
Bloomberg | March 29, 2011 | Crayton Harrison and Anabela Reis
Portugal Telecom SGPS SA (PTC) bought 25.3 percent of Brazilian carrier Telemar Norte Leste SA (TMAR5) for 8.32 billion reais ($5 billion), getting a bigger stake than Portugal’s largest phone company had originally planned to buy.
The stake...
Bloomberg | March 29, 2011 | Crayton Harrison and Anabela Reis
Portugal Telecom SGPS SA (PTC) bought 25.3 percent of Brazilian carrier Telemar Norte Leste SA (TMAR5) for 8.32 billion reais ($5 billion), getting a bigger stake than Portugal’s largest phone company had originally planned to buy.
The stake...
Tabula Inc., a privately held fabless semiconductor company, announced it has secured $108 million in Series D funding. Tabula will use the new capital to accelerate production of their 3PLD ABAX product family, expand customer and partner support infrastructures, and further next-generation product development...
BlackBerry-maker Research In Motion Ltd. has acquired TinyHippos. The Waterloo, Canada-based company developed the Ripple mobile environment emulator, which provides a cross-platform mobile application development and testing tool to developers.In announcing the deal, co-founder and CTO Dan Silivestru said the team will be working...
BANGALORE: City-based Acropetal Technologies Ltd today announced it has entered into a definitive agreement to acquire two US-based companies LineBeyondInc , and Optech Consulting Inc.
LineBeyond is valued at $ 5 million and Optech at $ 7 million, respectively, the company said in a statement.
Acropetal...
In a shock move, AT&T Inc. has announced a $39 billion cash-and-stock transaction buyout of T-Mobile USA from Deutsche Telekom AG in what could create the largest GSM conglomerate in the world. The deal would also make AT&T Inc. the largest operator in the U.S. by far.
Vringo Inc., a provider of video ringtones and personalization solutions for mobile devices, announced that it has signed a non-binding Letter of Intent to acquire substantially all of the assets of m-Wise Inc. m-Wise provides a platform to manage deliver and monetize mobile entertainment,...
Quepasa | March 8, 2011 | Press Release
Quepasa Corporation (NYSE Amex: QPSA), creator and operator of Quepasa.com, the popular online social networkand game platform for the Latino community, has closed its acquisition of XtFt Games S/S Ltda, the owner ofsubstantially all the assets of...
Hitachi | March 7, 2011 | Press Release
Combination of Hard Drive Companies Will Create Industry’s Broadest
Product Portfolio and a Significant Pool of Resources for Innovation
IRVINE, Calif. and SAN JOSE, Calif. – Mar. 7, 2011 – Western Digital (NYSE: WDC) and Hitachi,...
Intel Corporation announced the acquisition of McAfee, Inc. is complete. McAfee will continue developing and selling security products and services under its own brand. As a wholly-owned subsidiary of Intel, McAfee reports into Intel's Software and Services Group. The acquisition is said to...
FiberTower Corp., a wireless backhaul services provider, announced that it received an early termination notice from one of its emerging carrier customers to terminate service at approximately 220 billing locations on Feb. 28, and that the customer is reviewing approximately 50 additional locations for...
Just short of nine months after completing its purchase of 3Leaf Systems, Huawei Technologies Co. Ltd. has caved to pressure from U.S. trade authorities and abandoned its battle to take control of the company.
The Chinese vendor first ran afoul with the Committee on Foreign...
Just short of nine months after completing its purchase of 3Leaf Systems, Huawei Technologies Co. Ltd. has caved to pressure from U.S. trade authorities and abandoned its battle to take control of the company.The Chinese vendor first ran afoul with the Committee on Foreign...
PAETEC Holding Corp. announced that it has signed a definitive agreement to acquire XETA Technologies, Inc. for $5.50 per share in cash valued at approximately $61 million. XETA will also become part of PAETEC’s robust Managed Services portfolio, consisting of products such as hosted...
Business News Americas | February 10, 2011 | Patrick Nixon
Luxembourg-based mobile operator Millicom International Cellular (Nasdaq: MICC) has forecast capex of US$800mn for 2011, which does not include potential investments in spectrum or potential expenditure in Greenfield assets in Latin America, company CFO Francois-Xavier Roger...
