Verizon Communications is betting big on the machine-to-machine space, and by big we mean $612 million big.
The telecom giant announced this morning that it plans to acquire Hughes Telematics for $12 per share, or a total of $612 million, in a move to bolster...
Sticking to its point of being a good steward of spectrum and the need to meet increasing demand from consumers, Verizon Wireless responded to a request by the Federal Communications Commission for clarification on several points regarding the carrier’s attempt to acquire 1.7/2.1 GHz...
Cloud computing is the new king of the information technology market, and three acquisitions announced this week underscore the point.
On Tuesday Germany's SAP AG unveiled its plans to buy cloud-based business commerce network Ariba Inc to expand its cloud presence, in a deal...
Analytic data solutions provider Teradata (NYSE: TDC) announced an agreement to acquire Munich, Germany-based eCircle, a cloud-based digital marketing firm. The addition of eCircle is intended to enhance and expand Teradata’s overall big data market prowess.
According to Rob Brosnan, an analyst with Forrester Research,...
Allot Communications (ALLT) announced that it has reached an agreement to purchase La Jolla, Calif.-based Ortiva Wireless for an undisclosed amount.
With mobile video expected to comprise anywhere from 41% to 67% of telecom network traffic by 2015, Ortiva, a mobile video optimization specialist,...
IBM (NYSE: IBM) yesterday announced it will acquire Vivisimo, a Pittsburgh-based firm that helps large organizations access and analyze enterprise data.  IBM also announced that its big data platform will now run on Cloudera’s distribution of Hadoop.
The announcements reinforce IBM's growth strategy of seeking  business analytics and optimization opportunities. IBM is under an aggressive acquisition plan...
Mobile is a key pillar for the German enterprise software giant SAP's future growth. SAP is relying on mobile platforms to reach its global strategy of 1 billion users for its solutions by 2015. Following this move, SAP announced on April 10 that it...
Businesses, governments and consumers won’t tolerate even the slightest break in service in this age of cloud computing and mobile access to the Internet.
Cisco Systems says its $5 billion acquisition of NDS Group will position it to help service providers profit from video. The networking giant says service providers need to be ready to offer customers traditional TV shows, online content, social media and video apps...
Cisco Systems announced its intent to acquire NDS Group for approximately $5 billion. NDS provides video software and content security solutions designed to enable service providers and media companies to deliver and monetize video entertainment.
The acquisition is expected to close during the second half...
SBA Communications (SBAC) said it plans to pay nearly $1.1 billion to acquire certain affiliates of Mobilitie, including more than 2,300 tower sites in the United States and Central America and certain indoor and outdoor distributed antenna systems in Chicago, Las Vegas, New York...
NEC has acquired an 85% stake of Global View, an Argentinean company that provides video surveillance services. Following closing of the transaction, Global View will operate as a subsidiary of NEC Latin America.
Global View does a lot of work with municipal governments, with a...
Following a decade of consolidating its portfolio to counter commoditization of its services and focus on more value-added solutions, IBM (NYSE: IBM)Â has an aggressive acquisition plan that includes investing $20 billion through 2015 in buying companies around the globe.
The company noted that most of...
Network infrastructure semiconductor supplier Mindspeed Technologies said it has completed its previously announced $76.8 million acquisition of privately-held, U.K.-based Picochip.
Picochip is a supplier of integrated system-on-chip solutions targeting small cell base stations, and has a history of supplying equipment to the femtocell market.
“This marks...
Mexican antitrust regulator Cofeco (Comision Federal de Competencia) is slowing down media company Grupo Televisa SAB's plan to buy half of mobile phone group Iusacell, owned by Ricardo Salinas Pliego, owner of TV Azteca. The country's biggest broadcaster agreed last April to invest US$1.6...
German software developer SAP AG (NYSE: SAP) today announced its intention to acquire Datango AG, a German provider of workforce performance support software. The transaction, scheduled to close during the first quarter of 2012, is subject to the usual regulatory approvals. The companies did...
IT services provider Atos said it plans to acquire a 50% stake in MSL Group, which provides real-time results and information systems for major sports events. Atos, which is a worldwide IT partner for the Olympic and Paralypic Games, noted that combined the operations...
Walmart has acquired Portland, Ore.-based Small Society, a mobile application development firm that has created apps for the 2008 Obama campaign, Starbucks, Zipcar, Amazon.com, Whole Foods, Live Nation and others. It's one of a number of high-profile recent acquisitions of small startups as Walmart...
SensorLogic, a leading machine-to-machine (M2M) cloud application development platform, has been rumored for weeks to be the subject of an acquisition by Paris-based mobile and digital security giant Gamalto. The companies confirmed the deal tonight. The union may form a third major powerhouse in...
UPDATED: After nearly nine months, AT&T has said it will drop its $39 billion acquisition attempt of T-Mobile USA. The carrier cited recent acts by the Department of Justice and Federal Communications Commission to block the deal in ending the acquisition attempt.
In a statement,...
Telecom infrastructure giant American Tower (AMT) unveiled plans to purchase 2,500 towers from Telefónica's Mexican subsidiary for about $500 million, excluding value-added tax. AMT said it has entered into definitive agreements with Pegaso PCS SA de CV and expects to acquire a substantial majority...
For the second time in two months, mobile marketing powerhouse Velti PLC (Nasdaq: VELT) has announced a strategic acquisition, saying it will buy Europe's fastest-growing private technology company, Mobile Interactive Group. The purchase will make Velti the world's largest mobile marketing company based on revenue and customers.
RIL-owned subsidiary Infotel Broadband has acquired a 38.5% stake in digital learning company Extramarks Education for an undisclosed amount. The investment was carried out by an affiliate of RIL, Reliance Strategic Investments.
Extramarks Education, which also focuses on school education, has its content distributed digitally,...