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Carlos Paredes Rodrígues to be new Peruvian minister of Transportation and Communications

Peruvian president-elect Ollanta Humala plans to name Carlos Paredes Rodriguez as new Minister of Transportation and Communications (MTC). Paredes Rodriguez has been an advocate for decentralization, which will boost investment in infrastructure (roads, ports and airports) nationwide in order to promote growth.Paredes Rodr

Capital Markets: Stratos acquires Blue Ocean; Mobile health Azumio receives funding; and more

Stratos BV, provider of mobile and fixed-site remote communications solutions, announced it has purchased most of the operational assets of Blue Ocean Wireless Ltd. As part of the acquisition, Stratos assumes responsibility for providing services to most of BOW’s customers, including many large commercial...

Qualcomm targets touchless tech with GestureTek asset acquisition

Qualcomm Incorporated (NASDAQ: QCOM) has snapped up assets from Sunnyvale based GestureTek, which specializes in gesture recognition technology, for integration into its Snapdragon processors. Gesture recognition, once the preserve of science fiction films like Minority Report, is slowly making its real life debut in tablets...

Job seekers, social media is your new PR firm

I am sitting across the table from my mentee, Curt, a bright and talented technical professional, whose self confidence has not just eroded, it washed away months ago with the labor market undercurrent. He hates looking for a job. No, he hates the rejection...

Dell announces acquisition of Force 10 Networks

Dell Inc. (DELL) announced today that it will acquire Force 10 Networks, a buy that backs up analyst speculation that the second-largest computer maker in the world would absorb a networking vendor to provide the company a combined networking and data center offering to...

Capital Markets: Dell expands enterprise with Force10; Acacia acquires 3G/4G patents; and more

Birch Communications, IP-based telecommunications and managed services provider, announced that it has signed a definitive agreement to acquire the U.S. CLEC assets of Cordia Communications Corp., My Tel Co Inc., and Northstar Telecom Inc. Read more.Dell announced it has signed a definitive agreement to...

Wireless technology helps battle the Las Conchas fire in Los Alamos, N.M.

LOS ALAMOS, N.M. – The largest fire in New Mexico history still has some life left in it. The Las Conchas fire may be around 70% contained but continues to burn in the northern and western parts of the state. The fire is dwindling,...

Taiwan’s HTC shares tumble after Apple ruling

Reuters | July 18, 2011 | Jonathan Standing Shares in Taiwanese smartphone maker HTC tumbled as much as 6.5 percent on Monday after losing a preliminary ruling in a patent case with Apple Inc, with its announcement of a share buyback failing to stem the...

Taiwan's HTC shares tumble after Apple ruling

Reuters | July 18, 2011 | Jonathan Standing Shares in Taiwanese smartphone maker HTC tumbled as much as 6.5 percent on Monday after losing a preliminary ruling in a patent case with Apple Inc, with its announcement of a share buyback failing to stem the...

France Telecom in Talks to Acquire Stake in Congo China Telecom From ZTE

Bloomberg | July 18, 2011 | Matthew Campbell, Michael Kavanagh France Telecom SA (FTE) may make the Democratic Republic of Congo its next target for African expansion after entering exclusive talks with China’s ZTE Corp. to purchase a majority stake in Congo China Telecom, the...

Mexico: Alfa completes acquisition of AT&T’s shares in Alestra

Alfa and AT&T Inc. announced on July 12 that Alfa had finalized its purchase of AT&T's 49% stake in Mexican telecom company Alestra. The transaction was originally announced in April 2011. Now, Alfa is now the sole shareholder of Alestra. The transaction was approved by...

Mexico: Alfa completes acquisition of AT&T's shares in Alestra

Alfa and AT&T Inc. announced on July 12 that Alfa had finalized its purchase of AT&T's 49% stake in Mexican telecom company Alestra. The transaction was originally announced in April 2011. Now, Alfa is now the sole shareholder of Alestra. The transaction was approved by...

Mexico: Alfa completes acquisition of AT&T’s shares in Alestra

Alfa and AT&T Inc. announced on July 12 that Alfa had finalized its purchase of AT&T’s 49% stake in Mexican telecom company Alestra. The transaction was originally announced in April 2011. Now, Alfa is now the sole shareholder of Alestra. ....

New Bolivian telecom bill creates controversy among players

A new telecommunication bill that would replace the existing one in Bolivia has been approved by Chamber of Deputies's planning, economic policy and finance committee, but the proposed legislation is already creating controversy among players. The bill still depends on other approvals......

Social gaming firm DeNA to seek acquisitions in Europe, Asia

Reuters | July 11, 2011 | Isabel Reynolds Japanese mobile social gaming firm DeNA will seek to expand by buying more game developers, its new chief executive, Isao Moriyasu, said in an interview on Monday. Read the full article here via Reuters

Canon Inc. and MEDIAN Technologies enter into agreement to develop IT solutions for hospitals

Canon Global | July 11, 2011 | Press Release TOKYO, July 11, 2011—Canon Inc. ("Canon"; President and COO: Tsuneji Uchida; Headquarters: Tokyo, Japan) announced today that it has entered into a partnership agreement with MEDIAN Technologies S.A. ("MEDIAN Technologies"; Chairman and CEO:...

Telenor acquires LOS Bynett and Bynett Privat

Telenor Group | July 8, 2011 | Press Release Telenor has reached an agreement with Agder Energi to acquire the fibre companies LOS Bynett AS and Bynett Privat AS. - We are very satisfied that Telenor is taking over and developing the two companies' broadband initiative...

eBay acquires Zong for $240M

eBay Inc. (EBAY) has reached a deal to acquire Zong for $240 million in cash. The Menlo Park, Calif.-based company provides mobile payments through carrier billing channels and has deals with more than 250 operators around the world.eBay plans to combine bring Zong’s...

HTC acquires S3 Graphics for $300M

HTC Corp. is adding 235 patents to its war chest in a $300 million deal to acquire S3 Graphics Co. Ltd. from VIA Technologies Inc. S3's patents cover a range of graphics visualization technologies used in PCs, gaming consoles and mobile devices, the company...

Capital Markets: i-Free Ventures Capital Fund; Brightstart acquires Flipswap; and more

Logicalis Group, the international IT and Communications solutions integrator, has acquired Netarx, Michigan-based solution provider. Netarx provides IT professional services including managed services, data center, collaboration, and infrastructure design solutions to customers throughout the Great Lakes and Arizona. Read full press release here....

MTAM aims to equalize talent vacuum in mobile and create jobs

DETROIT — Linda Daichendt, a small business consultant, was frustrated a couple years back when she kept coming up empty in her quest for mobile businesses based here in her home state of Michigan. With large, national associations barely touching the state or local...

Capital Markets: Hyerta Communications announces IPO; TelePacific acquires Tel West; and more

Hytera Communications China, the parent company of Miramar-based Hytera Communications Co., Ltd., has announced the successful Initial Public Offering on the Shenzhen Stock Exchange of 70 million shares at an initial price of $3.06/share. Total authorized capital is 278 million shares. The...

TelePacific Communications to acquire Tel West

TelePacific Communications, an IP, voice, data and Internet services company , announced today that it will acquire Tel West, an Austin-based voice, data and Internet service provider. Specific financials of the deal were not disclosed. Tel West provides services to around 3,400 small and medium-sized...

Capital Markets: AdaptiveMobile acquires Sentry Wireless; Glympse receives funding; and more

CML Microsystems Plc , a mixed-signal semiconductor company headquartered close to London, England, has acquired the exclusive rights to the RALCWI low bit-rate vocoder products from Spirit Corp, a Moscow based software company. CML originally licensed RALCWI from Spirit a few years ago to...