Allot Communications (ALLT) announced that it has reached an agreement to purchase La Jolla, Calif.-based Ortiva Wireless for an undisclosed amount.
With mobile video expected to comprise anywhere from 41% to 67% of telecom network traffic by 2015, Ortiva, a mobile video optimization specialist,...
IBM (NYSE: IBM) yesterday announced it will acquire Vivisimo, a Pittsburgh-based firm that helps large organizations access and analyze enterprise data.  IBM also announced that its big data platform will now run on Cloudera’s distribution of Hadoop.
The announcements reinforce IBM's growth strategy of seeking  business analytics and optimization opportunities. IBM is under an aggressive acquisition plan...
Austria’s telecommunications regulatory body has postponed plans to auction wireless spectrum in the 800 MHz, 900 MHz and 1.8 GHz band targeting the launch of LTE services due to a pending acquisition by a pair of the country’s largest wireless operators. The auction was...
Vodafone, currently the world's second largest wireless operator, will pay $1.7 billion for Cable & Wireless Worldwide. Under the terms of the offer, Vodafone will pay 38 pence a share for CWW, representing 92% of the closing price on Feb. 10, the last business...
RCR Wireless News announced today that Jason Marcheck has joined its executive team as Managing Director for News, Insights and Analysis. Jason joins RCR Wireless News from Current Analysis where he served as a Principal Analyst and Director of Custom Research.
In addition to...
Schoology, which develops cloud-based learning platforms for schools and colleges, has raised $6 million from New York's FirstMark Capital, bringing its total funds raised to $9.3 million. The Manhattan startup has attracted a number of high profile school district customers by essentially entering through...
Mobile is a key pillar for the German enterprise software giant SAP's future growth. SAP is relying on mobile platforms to reach its global strategy of 1 billion users for its solutions by 2015. Following this move, SAP announced on April 10 that it...
The Brazilian holding company EBX Group,  owned by Brazil’s richest man Eike Batista, and IBM (NYSE: IBM) have reached an agreement under which IBM will acquire a 20% stake in SIX Automação SA, an EBX Group subsidiary focused on industrial automation. IBM will also...
Businesses, governments and consumers won’t tolerate even the slightest break in service in this age of cloud computing and mobile access to the Internet.
Spain's Telefónica(NYSE: TEF) said Monday it has reached an agreement with Colombia's government to merge fixed-line operator Colombia Telecomunicaciones (Coltel) with mobile operator Telefonica Moviles Colombia.
Telefónica owns 52% of Coltel, with the Colombian government controlling the remaining 48%. Under the agreement, the Colombia government...
Digicel Group announced it has acquired Haitian mobile operator Voilà from U.S.-based Trilogy International Partners for an undisclosed sum. The transaction closed last Friday.
At least for the near term Voilà will continue to operate as a separate company from Digicel.
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Six weeks, $200 million. That's the story for Draw Something, the run-away hit mobile game that has been dominating downloads on both Apple and Android devices. OMGPOP, the New York-based creator of Draw Something, says its game has been downloaded 35 million times since...
Japan's NEC agreed to acquire Convergys' information management business for $499 million. NEC said the purchase complements its NetCracker Technology acquisition and solidifies its focus on expanding its reach into the global services and management business.
Among its business goals, NEC said it was looking...
Cisco Systems says its $5 billion acquisition of NDS Group will position it to help service providers profit from video. The networking giant says service providers need to be ready to offer customers traditional TV shows, online content, social media and video apps...
Cisco Systems announced its intent to acquire NDS Group for approximately $5 billion. NDS provides video software and content security solutions designed to enable service providers and media companies to deliver and monetize video entertainment.
The acquisition is expected to close during the second half...
Avaya announced it has signed an agreement to acquire Radvision, a provider of videoconferencing and telepresence technologies over IP and wireless networks for approximately $230 million.
The proposed deal calls for Radvision shareholders to receive $11.85 per share, with the acquisition expected to close within...
As the annual Game Developers' Conference kicks off in San Francisco this week, the industry will be focusing on mobile as never before. "We're doubling down in the mobile space," says Jim Ying, senior VP of publishing at 6waves lolapps, "and we're willing to...
An IPO, an acquisition and a move to independence boosted three mobile content stocks Friday. Yelp (NASDAQ: YELP), the ad-supported site which shares user reviews of businesses, priced its IPO at $15/share Thursday night, and this morning the stock surged 60% to $24. <a...
After deciding that the purchase of MetroPCS would be too costly, Sprint Nextel (S) is instead heading back to the capital markets with a plan to raise $2 billion to pay for network upgrades, refinance existing debt, and possibly continue funding Clearwire. Sprint Nextel...
SBA Communications (SBAC) said it plans to pay nearly $1.1 billion to acquire certain affiliates of Mobilitie, including more than 2,300 tower sites in the United States and Central America and certain indoor and outdoor distributed antenna systems in Chicago, Las Vegas, New York...
NEC has acquired an 85% stake of Global View, an Argentinean company that provides video surveillance services. Following closing of the transaction, Global View will operate as a subsidiary of NEC Latin America.
Global View does a lot of work with municipal governments, with a...
Vodafone (VOD) confirmed media reports that it was looking at a potential offer to acquire Cable & Wireless Worldwide. Vodafone is currently the world’s second largest wireless operator with equity interests in more than 30 countries, including a 45% stake in Verizon Wireless, while...
Looking to extend its cloud computing platform, Oracle said it has entered into an agreement to acquire cloud-based talent management provider Taleo for $46 per share or approximately $1.9 billion, net of Taleo’s cash and debt.
Taleo’s talent management cloud is designed to help organizations...
Following a decade of consolidating its portfolio to counter commoditization of its services and focus on more value-added solutions, IBM (NYSE: IBM)Â has an aggressive acquisition plan that includes investing $20 billion through 2015 in buying companies around the globe.
The company noted that most of...
