Network infrastructure semiconductor supplier Mindspeed Technologies said it has completed its previously announced $76.8 million acquisition of privately-held, U.K.-based Picochip.
Picochip is a supplier of integrated system-on-chip solutions targeting small cell base stations, and has a history of supplying equipment to the femtocell market.
“This marks...
Mexican broadcaster Televisa’s plan to acquire half of cellphone company Iusacell has been rejected by Mexican anti-monopoly regulator Federal Competition Commission (Cofeco).
Citing plans to expand its operations in mobile application development, integration, security and management, IBM (IBM) reported a definitive agreement to acquire privately-held Israeli-based Worklight, a provider of mobile software for smartphones and tablets.
Financial terms of the proposed deal were not disclosed, though the...
The Mexican Federal Competition Commission (Comisión Federal de Competencia - CFC or Cofeco) decision on broadcaster Televisa's plan to acquire half of cell-phone company Iusacell will not be disclosed until February 7. After a six-hour closed-door meeting on Tuesday (January 24) afternoon, Mexican regulators...
Mexican antitrust regulator Cofeco (Comision Federal de Competencia) is slowing down media company Grupo Televisa SAB's plan to buy half of mobile phone group Iusacell, owned by Ricardo Salinas Pliego, owner of TV Azteca. The country's biggest broadcaster agreed last April to invest US$1.6...
German software developer SAP AG (NYSE: SAP) today announced its intention to acquire Datango AG, a German provider of workforce performance support software. The transaction, scheduled to close during the first quarter of 2012, is subject to the usual regulatory approvals. The companies did...
IT services provider Atos said it plans to acquire a 50% stake in MSL Group, which provides real-time results and information systems for major sports events. Atos, which is a worldwide IT partner for the Olympic and Paralypic Games, noted that combined the operations...
Telefónica’s Movistar Chile anounced the transfer of 558 telecommunications towers to telecom infrastructure giant American Tower's Chilean subsidiary ATC. The purchase price reaches approximately $96 million (49.153 billion of Chilean pesos.)
The transfer of the antenna support towers' telecommunications transmission includes the facilities to keep...
Little more than a month after its announcement, the merger of local data, fixed-line, cable TV and Internet provider Grupo GTD with Chile’s second-largest mobile telephone operator, Empresa Nacional de Telecomunicaciones SA (Entel), is cancelled. Yesterday (January 9) Entel’s controller, Almendral Telecomunicaciones SA, sent...
The merger of local data, fixed-line, cable TV and Internet provider Grupo GTD and Chile’s second-largest mobile telephone operator, Empresa Nacional de Telecomunicaciones SA (Entel), could be threatened as the National Economic Prosecutor (Fiscalia Nacional Economica, FNE) is reviewing the merger and has submitted...
DirecTV’s Latin America subsidiary Sky Brazil announced its plans to acquire Acom Comunicacoes SA, provider of pay-TV and Internet broadband services through multichannel multipoint distribution service (MMDS).
Sky, which did not disclose the purchase price, announced its plans Dec. 4 to antitrust (CADE) and communications...
Walmart has acquired Portland, Ore.-based Small Society, a mobile application development firm that has created apps for the 2008 Obama campaign, Starbucks, Zipcar, Amazon.com, Whole Foods, Live Nation and others. It's one of a number of high-profile recent acquisitions of small startups as Walmart...
In a move that could indicate future plans, LightSquared announced that it has hired Marc Montager as chief financial officer. Montager was previously with SkyTerra, a company absorbed into LightSquared’s current operations, and has an extensive history in mergers and acquisitions.
Montagner will report to...
SensorLogic, a leading machine-to-machine (M2M) cloud application development platform, has been rumored for weeks to be the subject of an acquisition by Paris-based mobile and digital security giant Gamalto. The companies confirmed the deal tonight. The union may form a third major powerhouse in...
UPDATED: After nearly nine months, AT&T has said it will drop its $39 billion acquisition attempt of T-Mobile USA. The carrier cited recent acts by the Department of Justice and Federal Communications Commission to block the deal in ending the acquisition attempt.
In a statement,...
Telecom infrastructure giant American Tower (AMT) unveiled plans to purchase 2,500 towers from Telefónica's Mexican subsidiary for about $500 million, excluding value-added tax. AMT said it has entered into definitive agreements with Pegaso PCS SA de CV and expects to acquire a substantial majority...
Less than 15 days after selling the former Motorola Solutions’ WiMAX business to NewNet Communication Technologies, Nokia Siemens Networks (NSN) announced today that Adtran Inc. (Nasdaq: ADTN) plans to acquire its fixed-line broadband access business and associated professional services and network management solutions. Financial terms...
Amid a double-digit increase in global revenue during its fiscal first half, Digicel Group has completed its acquisition of Claro, América Móvil’s business in Jamaica, and the sale of its business in Honduras to América Móvil.
The Telecom Regulatory Authority of India's recommendation of a 60% market share cap on merger and acquisitions has been turned down by a standing committee of the Department of Telecommunications.
Entel, Chile’s second-largest mobile telephone operator, has said it will merge with local data, fixed-line, cable TV and Internet provider Grupo GTD. The move may help Entel compete against its main rivals Movistar and Claro.
For the second time in two months, mobile marketing powerhouse Velti PLC (Nasdaq: VELT) has announced a strategic acquisition, saying it will buy Europe's fastest-growing private technology company, Mobile Interactive Group. The purchase will make Velti the world's largest mobile marketing company based on revenue and customers.
RIL-owned subsidiary Infotel Broadband has acquired a 38.5% stake in digital learning company Extramarks Education for an undisclosed amount. The investment was carried out by an affiliate of RIL, Reliance Strategic Investments.
Extramarks Education, which also focuses on school education, has its content distributed digitally,...
Sony announced that it would acquire Ericsson's 50% stake in their handset joint venture for $1.46 billion, ending a roller-coaster ride of a partnership that failed to make significant inroads into the device market despite the brand recognition of its parent companies. The venture...
Carlos Slim's América Móvil S.A.B. de C.V. (“AMX”) said it had entered into an agreement with Argentina-based Claxson Interactive Group Inc. to acquire content distributor DLA Inc. DLA is focused on the development, integration and delivery of entertainment products made for digital distribution in...
