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...
The Brazilian holding company EBX Group,  owned by Brazil’s richest man Eike Batista, and IBM (NYSE: IBM) have reached an agreement under which IBM will acquire a 20% stake in SIX Automação SA, an EBX Group subsidiary focused on industrial automation. IBM will also...
Spain's Telefónica(NYSE: TEF) said Monday it has reached an agreement with Colombia's government to merge fixed-line operator Colombia Telecomunicaciones (Coltel) with mobile operator Telefonica Moviles Colombia.
Telefónica owns 52% of Coltel, with the Colombian government controlling the remaining 48%. Under the agreement, the Colombia government...
Digicel Group announced it has acquired Haitian mobile operator Voilà from U.S.-based Trilogy International Partners for an undisclosed sum. The transaction closed last Friday.
At least for the near term Voilà will continue to operate as a separate company from Digicel.
Follow RCR Wireless News...
Japan's NEC agreed to acquire Convergys' information management business for $499 million. NEC said the purchase complements its NetCracker Technology acquisition and solidifies its focus on expanding its reach into the global services and management business.
Among its business goals, NEC said it was looking...
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...
Avaya announced it has signed an agreement to acquire Radvision, a provider of videoconferencing and telepresence technologies over IP and wireless networks for approximately $230 million.
The proposed deal calls for Radvision shareholders to receive $11.85 per share, with the acquisition expected to close within...
Looking to extend its cloud computing platform, Oracle said it has entered into an agreement to acquire cloud-based talent management provider Taleo for $46 per share or approximately $1.9 billion, net of Taleo’s cash and debt.
Taleo’s talent management cloud is designed to help organizations...
Mexican broadcaster Televisa’s plan to acquire half of cellphone company Iusacell has been rejected by Mexican anti-monopoly regulator Federal Competition Commission (Cofeco).
Citing plans to expand its operations in mobile application development, integration, security and management, IBM (IBM) reported a definitive agreement to acquire privately-held Israeli-based Worklight, a provider of mobile software for smartphones and tablets.
Financial terms of the proposed deal were not disclosed, though the...
DirecTV’s Latin America subsidiary Sky Brazil announced its plans to acquire Acom Comunicacoes SA, provider of pay-TV and Internet broadband services through multichannel multipoint distribution service (MMDS).
Sky, which did not disclose the purchase price, announced its plans Dec. 4 to antitrust (CADE) and communications...
Although we first heard about it a few weeks ago, today Twitter has gone official with their purchase of UK-based Tweetdeck, makers of the popular desktop social media client of the same name. The papers were finally signed yesterday, with Twitter reportedly paying between $40 million and $50 million in cash and stock.
Strategically teaming up as OS partners may not be enough for Microsoft when it comes to Nokia, according to Nokia watcher Eldar Murtazin, claiming the Finnish firm is in talks to sell off its entire handset division to the software giant.
International Business News | February 2011 | Alex He
China's Synacast Corporation, or PPLive, the operator the leading online TV service "PPTV", said on Thursday that Japan's Softbank has acquired a 35 percent stake into the company.
The Japanese mobile carrier acquired Synacast's stake for about...
International Business News | February 2011 | Alex He
China's Synacast Corporation, or PPLive, the operator the leading online TV service "PPTV", said on Thursday that Japan's Softbank has acquired a 35 percent stake into the company.
The Japanese mobile carrier acquired Synacast's stake for about...
Reuters | January 27, 2011 | Ho Binh Minh
HANOI - Vietnam's FPT Corp FPT.HM, a major company in the telecoms, software and technology sectors, and an affiliate are to acquire a 49 percent stake in a state-run telecoms company, the government said.
The state will...
Reuters | January 19, 2011 | Samantha Pearson
* Portugal Telecom to end up with 25.6 pct stake-newspaper
* Oi to take care of fixed-line and mobile services
* PT to be responsible for internet business
SAO PAULO, Jan 19 (Reuters) - Portugal Telecom (PTC.LS) will sign a...
Reuters | January 19, 2011 | Samantha Pearson
* Portugal Telecom to end up with 25.6 pct stake-newspaper
* Oi to take care of fixed-line and mobile services
* PT to be responsible for internet business
SAO PAULO, Jan 19 (Reuters) - Portugal Telecom (PTC.LS) will sign a...
TechFaith | January 6, 2011 | Press Release
BEIJING, Jan. 6, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the "Company") today announced that its Chairman and CEO, Mr. Defu Dong, purchased approximately 143,000 ADSs on the open market...
TechFaith | January 6, 2011 | Press Release
BEIJING, Jan. 6, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (Nasdaq: CNTF) ("TechFaith" or the "Company") today announced that its Chairman and CEO, Mr. Defu Dong, purchased approximately 143,000 ADSs on the open market...
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...
StockBriefings | Sammy Daniels | January 3, 2011
Nokia Corp. (NYSE:NOK) Siemens has revealed delays in Motorola network assets acquisition. Nokia Corp. (NYSE:NOK) stocks are currently standing at 10.32.
Nokia Corp. (NYSE:NOK) Siemens Networks, a joint venture between Nokia Corp. (NYSE:NOK) and Siemens AG (SI), has...
TeleGeography | December 30, 2010 | Thailand
Thai cellco True Move, part of domestic integrated telecoms operator True Corp, has announced in a statement to the Stock Exchange of Thailand (SET) that it will buy the Bangkok-based CDMA2000 mobile operations belonging to Hong Kong’s Hutchison...
