FMHC Corp., which is a turnkey wireless site developer, acquired MDM Construction Inc., a general contractor that provides installation, maintenance, technical and construction services to the wireless industry.Ntelos (NTLS) said it launched financing for an incremental term loan of $125 million under its...
Little British chippie ARM boasts hundreds of licensee’s for its technology – found in over 98% of the world’s smartphones - but the firm seems to have landed a very big fish indeed with Microsoft announcing on Friday it had signed up for an ARM architectural license of its own.
Popping up again like a recurring rash is the rumor that Intel is about to acquire German chip maker Infineon's mobile chip business, a move which would significantly help the firm in its ARM wrestle for significance in the mobile/wireless space.
Last Friday, Far EasTone Telecommunications’ (FET) board announced its intention to acquire 100% of fixed-line affiliate New Century InfoComm Tech (NCIC). FET plans to spend up to NT$20.815 billion (US$646.8 million) to acquire the remaining 73.6% of NCIC that it does not already own.
It seems that after a decade of traveling, itinerary management app maker WorldMate may finally be arriving at a rather lucrative destination in the shape of a buyout by either Travelport or American Express.
Sprint Nextel financing update. Spring Nextel Corp. said it entered a new $2.1 billion unsecured revolving credit facility, which expires in October 2013 and replaces an existing $4.5 billion revolving credit facility that would have expired this year. The new credit facility will provide supplemental...
Editor's Note:This article is an excerpt from RCR Wireless News' March Special Edition, "The Perfect Storm – A Focus on Mobile Messaging, Marketing, Content and Apps." The 80-page special edition is available here. Although the National Venture Capital Association says it expects to see...
As rumors go, it doesn't get more shocking than the whisperings Wednesday night, that gadget maker Apple Inc. was mulling a move to buy British chip shop ARM Ltd., the logic designer for the microprocessors and microcontrollers used in most of today's cellphones and...
Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of $15.2 million, or 24...
One of the great downsides of being psychic is trying to convince the unbelievers and skeptics of the world regarding your abilities that seemingly defy logic and sanity. Last week, RCR readers got several day's head start on the climactic final move of Palm's...
Investment firm Harbinger Capital Partners completed its $262.5 million acquisition of mobile satellite telecom provider SkyTerra Communications Inc. Taking into account outstanding debt and securities, the deal was valued at more than$1.8 billion. The deal was originally announced last September.Harbinger had agreed in 2008...
The realization that IT departments are going to have to support a wide range of devices as mobility spreads across the enterprise has led a couple of companies to try to find innovative ways to manage those devices, especially as business users bring their...
Mobile advertising services provider Amobee Media Systems announced plans to acquire mobile advertising agency RingRing Media for an undisclosed amount. Amobee said the deal will help it round out its offering to network operators, which include Telefonica SA and Vodafone Group plc, and help...
Google's back on the acquisition front, spending $750 million in stock Monday to acquire mobile display ad company AdMob.AdMob is perhaps best known for serving display ads on iPhones, but it also recently started a business unit focused on ads for Android phones. The...
Tellabs, a leader in mobile backhaul networks, will acquire WiChorus of San Jose, Calif. The combination creates advanced 3G/4G mobile networks that revolutionize the mobile Internet, deliver new applications to generate revenue and simplify networks to achieve significant savings for mobile carriers.Under the terms...
Sprint Nextel Corp. amputated a source of legal and operational frustration this morning announcing plans to acquire network affiliate iPCS Inc. for $831 million. The deal puts to an end a smattering of legal challenges posed by iPCS that could have forced the industry's...
Carrier consolidation is not limited to just the big four, as Cellular South today announced plans to acquire Alabama-based Corr Wireless. Financial terms of the deal were not disclosed.Cellular South said the deal will include more than 30,000 customers in 18 counties and network...
Cisco said it will pay $2.9 billion to acquire Starent Networks Corp., a mobile infrastructure provider that targets wireless and converged operators.Tewksbury, Mass.-based Starent has been on a roll recently as the company was selected to build out Verizon Wireless' LTE network, has partnered...
Nuance Communications Inc. said it will spend $35 million to acquire Zi Corp., ending a long-lasting - and contentious - courtship.The developer of speech-recognition technology last summer was rebuffed by Zi after offering an unsolicited $40 million bid for the Canadian software developer. The...
European mobile software company Esmertec AG announced plans to acquire rival Purple Labs SA. The deal will create a new business under the name of Myriad Group AG that will include a client list supporting most major phone manufacturers and 30 mobile network operators....
Mobile application retailer Handmark announced a deal to acquire FreeRange Communications, a Portland, Ore.-based mobile technology firm, for an undisclosed amount.FreeRange offers a publishing platform designed to help media companies and content owners to create branded, downloadable smartphone applications. The company also offers mobile...
