Microsoft Corp. (MSFT) dropped a bombshell by announcing this morning that it will acquire Luxembourg-based Skype Global in a deal will shake up the mobile, video and gaming industries. The $8.5 billion deal, the largest in the history of Microsoft, was announced earlier...
Early this morning Microsoft went official with news that has been rumoured for the last 24 hours - they have saved up their pocket money and are using it to buy Skype, the ubiquitous VoIP service, for a cool $8.5 billion. Other suitors such as Facebook and Google has also been in the mix, but it would seem Microsoft have reached deepest in order to secure the deal.
NEW YORK CITY — To hear Kristy Sundjaja tell it, the City of New York can do a lot for the startup community. RCR Wireless News sat down with the senior director at the Center for Economic Transformation at the New York City Economic...
The greater Los Angeles metro area continues to lose jobs in the telecommunications sector, according to new data from the Department of Labor. The Riverside-San Bernardino-Ontario metropolitan area is the only area in greater Los Angeles that has been adding jobs in the telecommunications...
As predicted by RCR Wireless News at the Mobile World Congress event earlier this year in Barcelona, Spain, mobile processor maker Nvidia Corp. said it will acquire 3G/4G baseband chip maker Icera Inc.The news is significant, because despite Nvidia's success over the past...
Alcatel-Lucent | May 6, 2011 | Press Release (Highlights)
Alcatel-Lucent released it's first quarter 2011 earnings.
Key Highlights:
Alcatel-Lucent continues its momentum into 2011 with a strong start to the year: 15% top line year-over-year growth in Q1’11 & positive adjusted operating profit
KEY NUMBERS FOR THE FIRST...
Spiceworks | April 28, 2011 | Press Release
Adams Street Partners and Tenaya Capital Lead Growth Investment Financing Round
AUSTIN, Texas – April 28, 2011 – Spiceworks™, Inc. today announced it has closed a $25 million financing round with new investors Adams Street Partners and Tenaya Capital...
BlackBerry-maker Research In Motion Ltd. (RIM) is planning to expand the role of one of its greatest assets, BlackBerry Enterprise Server (BES), through a just announced acquisition of Germany-based ubitexx GmbH.The company's ubi-Suite device management solution will be incorporated into the BlackBerry Enterprise Server...
Neustar Inc., provider of solutions and directory services that enable trusted communication across networks, applications, and enterprises around the world, announced that it has entered into a definitive agreement to acquire the assets and certain liabilities of the Numbering Solutions business from Evolving...
Airimba Wireless Inc. – doing business as WindChannel Communications, Inc. – announced that it has concluded a merger agreement with AireWire, Inc. to create a combined company providing an expanded and diversified portfolio of network integration, wireless broadband and municipal services. Tobin...
Equinix | April 26, 2011 | Press Release
Investing with Riverwood Capital, Equinix Acquires Controlling Interest in ALOG Data Centers of Brazil
REDWOOD CITY, Calif. – April 26, 2011 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and Riverwood Capital, a technology-focused...
Reuters | April 22, 2011 | Hyunjoo Jin
(Reuters) - KT Corp , South Korea's top fixed-line and No.2 mobile company, is in talks to sell its Russian unit New Telephone Company (NTC), its chief executive said on Friday.
"We are in talks to sell the business,"...
One might think that Austin-based mobile check-in and social networking company GoWalla would be happy that one of their competitors is now gone, but the story is more complicated. Groupon acquired Pelago, the parent company of local discovery app Whrrl, which is a similar...
Brightpoint | April 20, 2011 | Press Release
INDIANAPOLIS, April 20, 2011 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL), a global leader in providing supply chain solutions to the wireless industry, today announced the successful completion of its strategic investment in Intcomex, Inc. by its wholly-owned Miami-based subsidiary, Brightpoint Latin America, Inc. ("Brightpoint Latin America")....
Motricity announced it has completed its acquisition of Adenyo, a mobile advertising, marketing, and analytics solutions provider with operations in the United States, Canada and Europe. Motricity’s integration of Adenyo’s capabilities into its software as a service platform, mCore, significantly expands the company’s solution...
America Movil | April 19, 2011 | Press Release
Mexico City, México, April 19, 2011. América Móvil, S.A.B. DE C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL), announced today that it has entered into a stock purchase agreement with GE Satellite Holdings LLC and its affiliates...
Nokia Siemens Networks | April 13, 2011 | Press Release
Espoo, Finland - April 13, 2011
Preliminary injunction from Huawei preventing transfer of certain assets withdrawn
Companies target April 29, 2011 to close transaction
Anti-trust approval still pending from Chinese regulatory authorities
A new purchase price of US $975...
Wall Street Journal | April 11, 2011 | Kenan Machado
Mumbai--Singapore Telecommunications has increased its stake in India's Bharti Airtel through the purchase of 2.83 million shares for 934 million rupees.
In a filing to the Singapore Stock Exchange, SingTel said a wholly owned uni --...
Verizon Communications Inc. (VZ) said it has closed on its $1.4 billion acquisition of Miami-based Terremark Worldwide Inc., which is expected to bolster the telecommunications provider’s cloud service operations. Verizon noted that Terremark would continue to operate as a wholly owned subsidiary.The deal was...
TelePacific Communications, announced that it has received regulatory approval for and completed the acquisition of fixed wireless internet service provider NextWeb, Inc., dba Covad Wireless. Through its acquisition of NextWeb, TelePacific now controls a WiMAX-featured wireless broadband network, a licensed microwave backhaul network, and...
TeleGeography | April 4, 2011
Mexican media giant Grupo Televisa has revealed that it will buy the remaining shares it does not hold in local triple-play provider Cablemas for approximately MXN4.7 billion (USD397 million), according to the Wall Street Journal. Televisa has said that it...
Malaya Business Insight | April 1, 2011 | Myla Iglesias
<!---->The National Telecommunications Commission (NTC) said it will review the acquisition by Philippine Long Distance Telephone Co. of JG Summit Inc’s mobile unit Digital Telecommunication Inc to protect consumers against monopoly and a sudden spike...
American Tower | March 21, 2011 | Press Release
BOSTON, Mar 21, 2011 (BUSINESS WIRE) --
American Tower Corporation (NYSE: AMT)today released information about its business in light of AT&T's contemplated acquisition of ...
American Tower | March 21, 2011 | Press Release
BOSTON, Mar 21, 2011 (BUSINESS WIRE) --
American Tower Corporation (NYSE: AMT)today released information about its business in light of AT&T's contemplated acquisition of ...
