YOU ARE AT:TagsCapital Markets, Mergers, Acquisitions

BROWSING: Capital Markets, Mergers, Acquisitions

ERF acquires NetYeti assets

LEAGUE CITY, Texas—Wireless broadband products and services provider ERF Wireless Inc. said it has entered a definitive agreement to acquire the assets of NetYeti Inc. NetYeti is the wireless broadband division of PCCare Inc. and does business under the 36db.com brand name. The acquisition...

Neighborhood America acquires Movo Mobile for social networking

NAPLES, Fla.—Neighborhood America is looking to take its success building online communities to wireless. The company announced the acquisition of Movo Mobile, a fellow Florida-based developer that provides mobile marketing technology. Terms of the deal were not disclosed.While Neighborhood America may not be a...

Openwave acquires SoloMio

REDWOOD CITY, Calif.—Openwave Systems Inc. announced the acquisition of SoloMio Corp., a Texas-based provider of integrated subscriber call management services. Terms of the all-cash deal were not disclosed.Key to the deal is SoloMio’s Smart Call platform, which supports both pre-IMS and IMS technology and...

Digicel makes acquisition into El Salvador

KINGSTON, Jamaica—Caribbean operator Digicel announced it will expand its reach into Central America by purchasing an El Salvadoran wireless provider that also has a telecom license in Guatemala. The wireless provider in El Salvador is named Digicel Holdings Ltd., but it is a separate...

Sage acquires Corum Mobile for mobile CRM

SCOTTSDALE, Ariz.--Sage Software acquired Corum Mobile, a division of Corum Corp., to solidify Sage's offering of Corum's mobile customer record management services, Sage announced. Corum is privately held and based in Concord, Ontario. Terms of the deal were not disclosed.The Corum mobile platform provides...

Sage acquires Corum Mobile for mobile CRM

SCOTTSDALE, Ariz.—Sage Software acquired Corum Mobile, a division of Corum Corp., to solidify Sage’s offering of Corum’s mobile customer record management services, Sage announced. Corum is privately held and based in Concord, Ontario. Terms of the deal were not disclosed.The Corum mobile platform provides...

Lucent acquires Mobilitec

MURRAY HILL, N.J.—Lucent Technologies Inc. announced it agreed to acquire Mobilitec, a privately-held provider of content management software for wireless service providers. Lucent said Mobilitec’s solutions will strengthen its voice, video, data and multimedia applications platforms, thus enabling more service offerings for mobile and...

NeoMedia scraps $4.5M acquisition of HipCricket

FORT MYERS, Fla.—NeoMedia Technologies Inc. hit a speed bump in its aggressive bid to become a player in the worldwide mobile-marketing space. The company said its $4.5 million deal to acquire Connecticut-based HipCricket Inc. fell through after the two companies were "at an impasse...

Teletouch acquires Hawk Electronics

FORT WORTH, Texas-Teletouch Communications Inc. said it has acquired Progressive Concepts Inc., a Cingular Wireless L.L.C. master distributor, reseller and mobile virtual network operator in Texas and Arkansas. PCI primarily operates under the Hawk Electronics brand name.All of PCI's outstanding securities were contributed to...

Teletouch acquires Hawk Electronics vendor

FORT WORTH, Texas—Teletouch Communications Inc. said it has acquired Progressive Concepts Inc., a Cingular Wireless L.L.S. master distributor, reseller and mobile virtual network operator in Texas and Arkansas. PCI primarily operates under the Hawk Electronics brand name.All of PCI’s outstanding securities were contributed to...

Shares of MonsterMob jump amid acquisition talk

LONDON-Shares of content aggregator MonsterMob Group plc received a much-needed boost after the company acknowledged it may be a target for acquisition. MonsterMob, which operates ringtone storefronts in the United States, Europe and Asia, said it had "received an indicative approach that may or...

More acquisitions could be in Motricity’s future following $32M funding round

DURHAM, N.C.—Motricity Inc. continued to fatten its wallet this week, snaring $32 million as part of "a larger funding round" that will gradually be disclosed over the next few weeks. The latest round was led by Advanced Equities Inc. and joined by other existing...

Atheros closes acquisition of ZyDAS

SANTA CLARA, Calif.—Wireless chipmaker Atheros Communications Inc. announced it has completed its acquisition of Taiwan-based ZyDAS Technology Corp., a developer of wireless local area network chips. Atheros said the move "significantly" enhances its engineering team. The company plans to turn ZyDAS’ former headquarters in...

WFI to acquire Madison Research for $69M

SAN DIEGO—Wireless Facilities Inc., which designs and manages wireless networks, announced it entered a definitive agreement to acquire Madison Research Corp. WFI said the acquisition would advance its customer footprint within the U.S. Department of Defense, including with the U.S. Army and Air Force...

Shares of MonsterMob jump amid acquisition talk

LONDON—Shares of content aggregator MonsterMob Group plc received a much-needed boost after the company acknowledged it may be a target for acquisition. MonsterMob, which operates ringtone storefronts in the United States, Europe and Asia, said it had "received an indicative approach that may or...

Swisscom subsidiary acquires Swapcom

BERN, Switzerland—Swisscom Mobile subsidiary Sicap, which provides mobile applications and network products for GSM operators, said it acquired Swapcom in a deal Sicap said strengthens its position in the mobile device management, SMS/MMS Hub management and content management spaces. Swapcom, which has headquarters in...

Motorola expands VOD capabilities through Broadbus acquisition

SCHAUMBURG, Ill.—Motorola Inc. announced it’s adding video-on-demand technology developer Broadbus Technologies Inc. to its portfolio, extending its line of "Seamless Video Anywhere" solutions. Motorola explained that Broadbus Technologies’ suite of solutions enables the distribution of on-demand content to consumers through multiple devices, and its...

Ericsson drops on Marconi acquisition

STOCKHOLM, Sweden—Shares of L.M. Ericsson dipped after the infrastructure provider posted a slight decline in second-quarter net profit due to its recent acquisition of Marconi Corp. Ericsson said its profit fell 2 percent to $778 million as revenue rose 15 percent to $6 billion...

Motricity snares TV relationships with GoldPocket acquisition

Consolidation in the mobile content space remains white-hot, with Motricity Inc. the most recent player to tap the booming off-deck market with the acquisition of GoldPocket Wireless Inc. Terms of the deal were not disclosed.Motricity has gained substantial traction with its Fuel software, which...

Ericsson drops on Marconi acquisition

STOCKHOLM, Sweden—Shares of L.M. Ericsson dipped after the infrastructure provider posted a slight decline in second-quarter net profit due to its recent acquisition of Marconi Corp. Ericsson said its profit fell 2 percent to $778 million as revenue rose 15 percent to $6 billion...

Boingo finishes acquisition of Concourse

SANTA MONICA, Calif.—Boingo Wireless Inc. said it completed its acquisition of Concourse Communications Group L.L.C., which operates airport wireless access systems. The acquisition combines Concourse’s operations with Boingo’s Wi-Fi network aggregation and wireless Internet access services. Boingo said it will retain most of Concourse’s...

Ovum expands U.S. presence with Summit Strategies acquisition

LONDON—Market research firm Ovum plc said it will pay $1.2 million to acquire Boston-based counterpart Summit Strategies Inc. Ovum, which staged an initial public offering in March, offers research and analysis to customers including Alcatel Corp., Cisco Systems Inc., Deutsche Telekom AG and Vodafone...

VCom acquires Wave Wireless subsidiaries for $1M

VICTORIA, British Columbia—Canadian wireless vendor VCom Inc. said it struck a $1 million cash deal to purchase several subsidiaries of Wave Wireless Corp., including WaveRider Communications (Canada) Inc., WaveRider Communications (USA) Inc., Jetstream Internet Services Inc. and Avendo Wireless Inc. VCom said it expects...

BSG acquires VoiceLog for $15.6M

GLENVIEW, Ill.—BSG Clearing Solutions North America L.L.C. acquired VoiceLog L.L.C.’s third-party verification business. The $15.6 million transaction closed June 30. VoiceLog’s TPV business involves gaining automated or live confirmation that businesses or individual customers switched telecom providers, which is required or authorized by the...