Visa Inc. has announced plans to acquire PlaySpan Inc. for nearly $190 million with additional earn-out potential.The move comes as incumbents in the credit card and traditional payments space jostle with startups for positioning in the nascent mobile arena. PlaySpan isn't purely mobile —...
Digicel | February 8, 2011 | Press Release
Businesses across the Caribbean and Central America to benefit from the region’s newest ICT powerhouse
Tuesday 8 February 2011 – Kingston, Jamaica: Digicel, the Bigger, Better Network has taken a controlling stake in Netxar Technologies, the leading systems...
Antenna Software announced the acquisition of U.K.-based company Volantis. The deal will add a broad range of mobile internet solutions to Antenna's mobile platform, including the architecture for mobile commerce and enterprise app stores. Volantis will also bring Antenna a number of carrier and...
Invest in Brazil | February 2, 2011
Quepasa Corporation Tuesday announced it is to acquire Brazil’s XtFt Games S/S Ltda. Quepasa Corporation is the creator and operator of Quepasa.com, the popular online social network for the Latino community.
The firm Tuesday said it has executed a...
Motricity Inc. (MOTR) has inked a deal to acquire Adenyo for $100 million in cash and stock.The Toronto-based mobile marketing, advertising and analytics firm has a stable of clients, including major brands and media companies, that Motricity will likely try to leverage. But the...
With 200 million mobile users and counting, it really was about time for Facebook to try and cash in on the burgeoning mobile advertising bandwagon – something it appears ready to do after the acquisition of Seattle hyperlocal ad startup Rel8tion.
Ceragon Networks announced it has acquired NERA Networks,provider of long-distance microwave links. The $48.5 million buyout will double Ceragon's size, product portfolio and geographic reach. With the acquisition, Ceragon will be able to provide solutions and services to customers to deal with the rising...
Kunekt | January 24, 2011 | Press Release
Kunekt to Design, Build and Market Quality Mobile Phones and Android Smartphones and Tablets in Developed and Developing Countries
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ - Kunekt Corporation (OTCBB: KNKT), creator of the Kunekt global brand of affordably priced,...
Kunekt | January 24, 2011 | Press Release
Kunekt to Design, Build and Market Quality Mobile Phones and Android Smartphones and Tablets in Developed and Developing Countries
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ - Kunekt Corporation (OTCBB: KNKT), creator of the Kunekt global brand of...
Reuters | January 19, 2011 | Miyoung Kim
(Reuters) - Samsung Electronics Co said on Thursday it had acquired Dutch display firm Liquavista, which specializes in electronic paper technology, as the world's biggest LCD screen maker seeks to expand in the booming mobile display market.
Samsung...
Business News Americas | January 12, 2011 | Matthew Malinowski
US on-demand services provider Salesforce.com's (NYSE: CRM) acquisition of compatriot enterprise application developer Dimdim coincides with a rise in Latin America's collaboration demand, Salesforce.com's Latin America president, Enrique Perezyera, told BNamericas.
Earlier this month, Salesforce.com bagged...
Consolidation has already hit the nascent mobile video chat space as giant Skype Ltd. said it has entered into a definitive agreement to purchase Qik Inc. for an undisclosed sum. The deal is expected to close this month.Qik currently counts 60 employees across its...
Business Wire | January 4, 2011 | Press Release
PARIS--(BUSINESS WIRE)--Truffle Capital, a major European private equity firm, today announced that its portfolio company LeadMedia has acquired MediaFactory, ...
Aptilo Networks signed an agreement to buy Service Factory, which is a division of Birdstep Technology. The acquisition strengthens Aptilo’s position in the wireless service management and policy control areas, said the company. The company also announced Norvestor V L.P. made an investment in...
Philippine Business Inquirer | January 3, 2011 | Doris Dumlao
MANILA, Philippines—San Miguel Corp. has expanded its presence in the highly competitive telecommunications business with the acquisition of a 40-percent interest in Eastern Telecommunications Philippines Inc. from a group led by former Trade...
CommScope Inc. (CVT) said its stockholders have voted to approve the proposed $3.9 billion acquisition of the company by private equity firm The Carlyle Group.CommScope said the deal, which was originally announced in October, was approved by 99% of the shares that voted at...
The closing of Nokia Siemens Networks pending $1.2 billion acquisition of Motorola Inc.’s (MOT) public carrier wireless network infrastructure assets has been pushed back to the first quarter of next year due to still to be completed regulatory and antitrust clearance. NSN said the...
Leap Wireless International Inc.’s subsidiary Cricket Communications Inc. completed its acquisition of Denali Spectrum L.L.C., providing the carrier with “ownership and control” of Denali’s Chicago and southern Wisconsin markets. Leap (LEAP) had previously announced plans to acquire the 17.5% controlling interest in Denali it...
Lookout Inc., a mobile security app provider, has raised $19.5 million in a third round of funding.The company claims more than 4 million users and says it will continue to invest in products for smart phones and tablets. The latest cash infusion came from...
The world’s largest wireless operator, China Mobile has stated that China may start the commercial use of its homegrown 4G telecommunication technology in 2012, and large-scale commercial trials will begin next year.
According to Bill Huang, General Manager of the China Mobile Research Institute, TD-LTE,...
BEIJING, Dec. 8, 2010 /PRNewswire-Asia/ -- VODONE Group announced the acquisition of 3GUU, one of China's leading mobile game developers for smart phones. By acquiring 3GUU, VODONE will own 70% of 3GUU shares and become the largest mobile game developer and...
BANGALORE (Dow Jones)--Indian technology outsourcing firm Tech Mahindra Ltd. (532755.BY) is looking for potential acquisitions in Latin America jointly with its software outsourcing unit Satyam Computer Services Ltd. (500376.BY) in a bid to bolster the two companies' foothold in the region and cater to...
Social games developer Zynga Inc. acquired Texas-based mobile game developer Newtoy Inc. Newtoy is best known for its ‘Games With Friends' series of games, which includes Words With Friends, Chess With Friends and We Rule. Terms of the deal were not released.Novatel Wireless Inc....
American Tower Corp. (AMT) is planning to raise $1 billion to expand its tower holding portfolio.The company is planning to pay 4.5% interest on $1 billion worth of senior unsecured notes, according to The Associated Press. American Tower said it will use the money...
