VeriSign Inc. announced plans to acquire Certicom Inc. just days after Research In Motion Ltd. dropped its takeover bid of the Canadian software developer.VeriSign will pay either $40 million net of Certicom's existing cash and short-term marketable securities or a flat $73 million, the...
The Department of Justice said AT&T Inc. must pay more than $2 million to settle a government lawsuit alleging violations of two court orders in connection with the company's $2.8 billion purchase of Dobson Communications Corp. last year."It is imperative that companies fully abide...
The Department of Justice said AT&T Inc. must pay more than $2 million to settle a government lawsuit alleging violations of two court orders in connection with the company's $2.8 billion purchase of Dobson Communications Corp. last year."It is imperative that companies fully abide...
NetPlay TV Plc forked over $1.47 million in stock to acquire two mobile gambling sites from Zed Worldwide S.A.A U.K.-based firm, NetPlay offers interactive wagering games such as roulette and bingo through fixed-line phones and set-top boxes. The company acquired Venturygames.co.uk and Toucanwin.com from...
In separate actions, both Research in Motion Ltd. and Nuance Communications Inc. extended their efforts to consummate anticipated acquisitions. For BlackBerry maker RIM, that means extending to Jan. 27 its $52.6 million offer to purchase encryption firm Certicom Corp., and for Nuance it means...
Shares of Glu Mobile Inc. edged upward after the game maker restructured earnout and bonus obligations for last year's acquisition of the Chinese publisher MIG.Glu converted the entire $25 million of payments to cash, deferring $11 million of the payments to 2010. The San...
Research In Motion Ltd. said today it will fight for its takeover bid for Certicom Corp., an encryption firm, after the latter sought a court injunction to thwart RIM's purchase. Certicom said it would weigh RIM's bid -RIM is offering Certicom shareholders $1.20 per...
New York-based directory-assistance company kgb said it has acquired Texperts, a text-based mobile search firm, for an undisclosed sum.Kgb claims to be "the world's largest independent provider of directory assistance and enhanced information services," answering more than a billion questions from millions of users...
Looking to expand its enterprise-focused wireless network solution, Trapeze Networks said it has acquired Newbury Networks.Trapeze said the deal will allow it to combine its network equipment and management systems with Newbury's wireless local area network location systems. Terms of the acquisition were not...
Research In Motion Ltd. is stepping up its application-development play with an $18.9 million acquisition of Chalk Media Corp.A member of the BlackBerry ISV Alliance Program, Chalk's technology delivers multimedia files to groups within businesses and other organizations. The deal includes a $2.2 million...
If you thought HTC Corp.'s Touch Diamond felt and looked better than its predecessors, that was the company's intent. Today HTC said it would acquire the boutique, San Francisco-based design house One & Company Design Inc., which assisted in designing the Touch Diamond.The value...
Twitter has apparently rejected an all-stock acquisition offer from Facebook. Twitter officials may want more than an estimated $500 million valuation as it continues to build its user base.
Another regional player is set for extinction. Earlier this month, AT&T Mobility announced plans to acquire Centennial Communications Corp. for $2.8 billion. The deal is expected to add approximately 1.1 million customers to AT&T Mobility's customer base. The deal, if approved, will also...
AT&T Inc. announced it acquired Centennial Communications Corp. for $944 million in cash. If the deal closes, AT&T will add 1.1 million Centennial customers to its current customer base of 74.9 million.The deal will not, by itself, help AT&T regain the top spot in...
AT&T Inc. reported plans to acquire Wayport Inc. for $275 million, expanding the telecom giant's Wi-Fi offering to thousands of locations and offering free Internet access to millions of its customers.The acquisition expands AT&T's Wi-Fi footprint to nearly 20,000 domestic hot spots and 80,000...
Sprint Nextel Corp. has decided to continue its commitment to its iDEN network.After much speculation that Sprint Nextel was lining up buyers for the network, the company announced an extended network partnership with iDEN infrastructure provider Motorola Inc. and plans to launch a few...
Nokia Corp. once again raised the stakes in its consumer play, acquiring mobile messaging company OZ Communications for an undisclosed amount.A Montreal-based outfit that claims 220 employees, OZ gained a foothold in the early days of mobile instant messaging and has expanded to social-networking...
T-Mobile USA Inc. officially took the reigns from SunCom Wireless Holdings Inc. The nation's No. 4 carrier launched its branded service in former SunCom markets across North Carolina, South Carolina, Tennessee, Georgia, Puerto Rico and the U.S. Virgin Islands last week. T-Mobile USA announced...
Synchronica said it will fork over roughly $5 million in new shares to acquire fellow mobile e-mail provider AxisMobile.A U.K.-based firm that provides over-the-air firmware update technology based on open industry standards, Synchronica targets business users and "prosumers" with mobile push e-mail and synchronization...
Verizon Wireless announced it completed its purchase of Rural Cellular Corp., bringing to a close a yearlong transaction that sparked complaints from consumer advocates and Sen. Bernie Sanders (I-Vt.).Under the final agreement, Verizon Wireless placed Rural Cellular licenses and assets in Vermont, New York...
T-Mobile USA Inc.'s new Sidekick device is the first to launch since Microsoft Corp. bought the software company at the heart of the Danger Inc. franchise. Sharp makes the handset's hardware.The news: The messaging-happy, social networking crowd that patronizes the Sidekick devices at T-Mobile...
Mobile media company Player X said it pocketed Spain's Gaelco Moviles, a mobile games publisher, for an undisclosed amount of cash.The move marks the first acquisition for Player X, a London-based outfit that specializes in mobile games and video, and signals the company's expansion...
Mobile news aggregator Mobispine AB said it has acquired NewsAlloy, a Web-based feed reader, for an undisclosed sum.A Sweden-based startup, Mobispine offers a free, Java-based download that delivers RSS feeds to more than 300,000 active members. The company said it hopes to integrate...
