Quepasa | March 8, 2011 | Press Release
Quepasa Corporation (NYSE Amex: QPSA), creator and operator of Quepasa.com, the popular online social networkand game platform for the Latino community, has closed its acquisition of XtFt Games S/S Ltda, the owner ofsubstantially all the assets of...
Hitachi | March 7, 2011 | Press Release
Combination of Hard Drive Companies Will Create Industry’s Broadest
Product Portfolio and a Significant Pool of Resources for Innovation
IRVINE, Calif. and SAN JOSE, Calif. – Mar. 7, 2011 – Western Digital (NYSE: WDC) and Hitachi,...
Intel Corporation announced the acquisition of McAfee, Inc. is complete. McAfee will continue developing and selling security products and services under its own brand. As a wholly-owned subsidiary of Intel, McAfee reports into Intel's Software and Services Group. The acquisition is said to...
FiberTower Corp., a wireless backhaul services provider, announced that it received an early termination notice from one of its emerging carrier customers to terminate service at approximately 220 billing locations on Feb. 28, and that the customer is reviewing approximately 50 additional locations for...
Just short of nine months after completing its purchase of 3Leaf Systems, Huawei Technologies Co. Ltd. has caved to pressure from U.S. trade authorities and abandoned its battle to take control of the company.
The Chinese vendor first ran afoul with the Committee on Foreign...
Just short of nine months after completing its purchase of 3Leaf Systems, Huawei Technologies Co. Ltd. has caved to pressure from U.S. trade authorities and abandoned its battle to take control of the company.The Chinese vendor first ran afoul with the Committee on Foreign...
PAETEC Holding Corp. announced that it has signed a definitive agreement to acquire XETA Technologies, Inc. for $5.50 per share in cash valued at approximately $61 million. XETA will also become part of PAETEC’s robust Managed Services portfolio, consisting of products such as hosted...
Business News Americas | February 10, 2011 | Patrick Nixon
Luxembourg-based mobile operator Millicom International Cellular (Nasdaq: MICC) has forecast capex of US$800mn for 2011, which does not include potential investments in spectrum or potential expenditure in Greenfield assets in Latin America, company CFO Francois-Xavier Roger...
Visa Inc. has announced plans to acquire PlaySpan Inc. for nearly $190 million with additional earn-out potential.The move comes as incumbents in the credit card and traditional payments space jostle with startups for positioning in the nascent mobile arena. PlaySpan isn't purely mobile —...
Digicel | February 8, 2011 | Press Release
Businesses across the Caribbean and Central America to benefit from the region’s newest ICT powerhouse
Tuesday 8 February 2011 – Kingston, Jamaica: Digicel, the Bigger, Better Network has taken a controlling stake in Netxar Technologies, the leading systems...
Antenna Software announced the acquisition of U.K.-based company Volantis. The deal will add a broad range of mobile internet solutions to Antenna's mobile platform, including the architecture for mobile commerce and enterprise app stores. Volantis will also bring Antenna a number of carrier and...
Invest in Brazil | February 2, 2011
Quepasa Corporation Tuesday announced it is to acquire Brazil’s XtFt Games S/S Ltda. Quepasa Corporation is the creator and operator of Quepasa.com, the popular online social network for the Latino community.
The firm Tuesday said it has executed a...
Motricity Inc. (MOTR) has inked a deal to acquire Adenyo for $100 million in cash and stock.The Toronto-based mobile marketing, advertising and analytics firm has a stable of clients, including major brands and media companies, that Motricity will likely try to leverage. But the...
With 200 million mobile users and counting, it really was about time for Facebook to try and cash in on the burgeoning mobile advertising bandwagon – something it appears ready to do after the acquisition of Seattle hyperlocal ad startup Rel8tion.
Ceragon Networks announced it has acquired NERA Networks,provider of long-distance microwave links. The $48.5 million buyout will double Ceragon's size, product portfolio and geographic reach. With the acquisition, Ceragon will be able to provide solutions and services to customers to deal with the rising...
Kunekt | January 24, 2011 | Press Release
Kunekt to Design, Build and Market Quality Mobile Phones and Android Smartphones and Tablets in Developed and Developing Countries
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ - Kunekt Corporation (OTCBB: KNKT), creator of the Kunekt global brand of affordably priced,...
Kunekt | January 24, 2011 | Press Release
Kunekt to Design, Build and Market Quality Mobile Phones and Android Smartphones and Tablets in Developed and Developing Countries
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ - Kunekt Corporation (OTCBB: KNKT), creator of the Kunekt global brand of...
Reuters | January 19, 2011 | Miyoung Kim
(Reuters) - Samsung Electronics Co said on Thursday it had acquired Dutch display firm Liquavista, which specializes in electronic paper technology, as the world's biggest LCD screen maker seeks to expand in the booming mobile display market.
Samsung...
Business News Americas | January 12, 2011 | Matthew Malinowski
US on-demand services provider Salesforce.com's (NYSE: CRM) acquisition of compatriot enterprise application developer Dimdim coincides with a rise in Latin America's collaboration demand, Salesforce.com's Latin America president, Enrique Perezyera, told BNamericas.
Earlier this month, Salesforce.com bagged...
Consolidation has already hit the nascent mobile video chat space as giant Skype Ltd. said it has entered into a definitive agreement to purchase Qik Inc. for an undisclosed sum. The deal is expected to close this month.Qik currently counts 60 employees across its...
Business Wire | January 4, 2011 | Press Release
PARIS--(BUSINESS WIRE)--Truffle Capital, a major European private equity firm, today announced that its portfolio company LeadMedia has acquired MediaFactory, ...
Aptilo Networks signed an agreement to buy Service Factory, which is a division of Birdstep Technology. The acquisition strengthens Aptilo’s position in the wireless service management and policy control areas, said the company. The company also announced Norvestor V L.P. made an investment in...
Philippine Business Inquirer | January 3, 2011 | Doris Dumlao
MANILA, Philippines—San Miguel Corp. has expanded its presence in the highly competitive telecommunications business with the acquisition of a 40-percent interest in Eastern Telecommunications Philippines Inc. from a group led by former Trade...
CommScope Inc. (CVT) said its stockholders have voted to approve the proposed $3.9 billion acquisition of the company by private equity firm The Carlyle Group.CommScope said the deal, which was originally announced in October, was approved by 99% of the shares that voted at...
