Merger and acquisition activity during the first half of the year across the mobile and online space increased 3% compared with the final half of 2011, with total M&A transaction values surging 20% over the same time frame, according to a new report from...
Tampa-based cellular phone systems company Syniverse announced it has reached an agreement to acquire its rival, Luxembourg-based Mach, for a cash consideration of approximately $693 million (€550 million). The move aims to expand Syniverse's global reach and scale. The deal is still subject to...
Supply-chain services provider Ingram Micro announced plans to acquire rival BrightPoint (CELL) for approximately $840 million in a deal that will further boost Ingram Micro’s dominance in the fulfillment services business. The deal is valued at a 66% premium over BrightPoint’s closing price last...
SBA Communications continued to expand its tower empire, announcing today plans to acquire privately-held TowerCo for $1.45 billion. That price includes $1.2 billion in cash and 4.6 million Class A shares valued at $250 million.
TowerCo owns 3,252 sites across 47 states and Puerto Rico,...
Following rumors, Microsoft Corp. paid $1.2 billion in cash to buy Yammer Inc., a provider of social networking software for businesses and institutions. The agreement was made public yesterday. “The acquisition of Yammer underscores our commitment to deliver technology that businesses need and people...
June 20, 2012 - The Wall Street Journal is reporting that Huawei has joined Alcatel-Lucent in walking away from a BSNL contract bid that the Indian operator pegged at roughly $1 billion USD.
It was first reported yesterday that Alcatel-Lucent was walking away from the...
Mexican broadcaster Televisa has accepted conditions imposed by Mexico’s anti-monopoly regulator the Federal Competition Commission (Cofeco), to acquire 50% of mobile phone operator Grupo lusacell for $1.6 billion. Cofeco approved the acquisition plans last week. Cofeco's approval came after the government agency had rejected the plan earlier this...
Rumors indicate that Microsoft (MSFT) is in discussions to purchase Yammer, a provider of social networking software for businesses and institutions. Reports suggest the company is expected to pay $1.2 billion for Yammer.
The move shows Microsoft could be looking to add more social and...
Mexico's anti-monopoly regulator Federal Competition Commission (Cofeco) has approved Televisa's plan to acquire half of mobile phone operator Grupo Iusacell. The approval came after the government agency rejected the plan earlier this year.
Since that rejection, the players were given time to address concerns, though earlier...
Spain telecom giant Telefónica announced it has agreed to sell almost half its stake in China Unicom (4.56%) for about $1.41 billion (€1.13 billion) to the Chinese telecom’s unlisted parent company. It is part of Telefónica's efforts to cut debt. China Unicom’s shares (CHU...
Less than a month after Oracle's purchase of the cloud-based social marketing and engagement platform Vitrue, the company announced on June 5 that it has entered into an agreement to acquire the cloud-based social intelligence firm, Collective Intellect. It is the IT giant's second...
Verizon Communications is betting big on the machine-to-machine space, and by big we mean $612 million big.
The telecom giant announced this morning that it plans to acquire Hughes Telematics for $12 per share, or a total of $612 million, in a move to bolster...
Sticking to its point of being a good steward of spectrum and the need to meet increasing demand from consumers, Verizon Wireless responded to a request by the Federal Communications Commission for clarification on several points regarding the carrier’s attempt to acquire 1.7/2.1 GHz...
Cloud computing is the new king of the information technology market, and three acquisitions announced this week underscore the point.
On Tuesday Germany's SAP AG unveiled its plans to buy cloud-based business commerce network Ariba Inc to expand its cloud presence, in a deal...
DUBLIN – In the morning keynote panel kicking off the TM Forum's Management World 2012 event, financial analysts joined the TM Forum's executive leadership to discuss what factors will determine the "winners and losers" in the digital world. Specifically, the questions to the panel...
After making a play to increase its share in European operator KPN, America Movil said its U.S.-based subsidiary Tracfone Wireless has entered into an agreement to acquire mobile virtual network operator Simple Mobile, which offers SIM-based services using T-Mobile USA's network.
The moves show the...
America Movil (AMX), the wireless carrier group controlled by Mexican Carlos Slim, May 8 offered about 8 euros per share to increase its stake in the Netherlands-based telecom company KPN NV - a price that is about 23.5% above KPN's Monday closing price.
The partial...
Analytic data solutions provider Teradata (NYSE: TDC) announced an agreement to acquire Munich, Germany-based eCircle, a cloud-based digital marketing firm. The addition of eCircle is intended to enhance and expand Teradata’s overall big data market prowess.
According to Rob Brosnan, an analyst with Forrester Research,...
