Kobo, the eBook reader platform developer and eBook reading app provider has been reported to have been purchased for $315 million by Rakuten, one of the world’s top 3 e-commerce companies by revenue. It looks like Rakuten wants to take a stab at the eBook business with its latest acquisition.Rakuten has been on a shopping spree recently, with the purchase of multiple companies such as PriceMinister (a French e-commerce company), […]
Ever heard of DragonWave before? I haven’t, but here they are making headlines as they seem to be in the running to purchase the microwave transport business from Nokia Siemens Networks (NSN) in due time – including the latter’s associated operational support systems and related support functions. This particular move would mena DragonWave will end up as a strategic supplier of packet microwave and related products to Nokia Siemens Networks, […]
One of the reasons why the AT&T and T-Mobile deal has not gone through, despite it being announced months ago, is that not just their competitors, but antitrust regulators who feel that through AT&T’s acquisition of T-Mobile, competition will essentially be dead, at least as far as the small carriers are concerned. One of the ways that AT&T has tried to appease the courts and their competition is by offering […]
A few months back, Google announced its plans to acquire Motorola’s mobile division, Motorola Mobility. Naturally this was a very big deal, the deal $12.5 billion deal not withstanding, but also its implications since Google’s Android platform can be found on many of Motorola’s recent smartphones. This however did not sit too well with the antitrust regulators, who not too long ago requested to take a closer look at the […]
With Sony foraying into the tablet scene with the Tablet P and Tablet S offerings, we’re sure that some were probably wondering when they would start putting out their own phones. Granted that Sony Ericsson is a joint venture between Sony and Ericsson, it appears that Sony is close to closing a deal that would buy out Ericsson’s stake in their mobile phone joint venture.
Rhapsody must have looked upon Napster with a longing, and in another case of a corporate giant swallowing up smaller entities, America’s largest on-demand music service has decided to fork out the dough to acquire Napster’s subscriber base in order to extend their leadership position to the next level.
The AT&T and T-Mobile merger has been getting quite a bit of attention lately, with just about everyone thinking that this is a bad move. Meanwhile another major acquisition, Google and Motorola Mobility, has been rather quiet and keeping to the background, at least until now where the DOJ (Department of Justice) has decided to take a closer look at the $12.5 billion deal.
The AT&T and T-Mobile merger is certainly not looking well at the moment. It seems that there are many who do not wish to see the merger go through, among them being Sprint and Cellular South and even the Department of Justice, with all three tossing lawsuits AT&T’s way in order to prevent the merger from happening. Understandably Sprint and Cellular South, both carriers, do not want to see it […]
Bad news for AT&T and those in favor of the carrier’s attempted acquisition of T-Mobile. It looks like the Department of Justice has garnered more troops in support of opposing the merger. It has been reported that seven states will be backing the Department of Justice’s lawsuit against AT&T. The seven states against the merger are: New York, Washington, California, Illinois, Massachusetts, Ohio and Pennsylvania. With over a third of […]
It looks like AT&T’s plans to acquire T-Mobile might be coming to a halt. This morning, the Department of Justice has been reported to have filed a petition to block the takeover. According to the Department of Justice, the merger would “result tens of millions of consumers” facing fewer choices when it comes to picking a carrier, and will force them to pay higher prices. AT&T’s acquisition would also mean […]
When HP announced that they would be discontinuing webOS for their smartphones and tablets, and that they were considering moving away from the PC business to focus on the enterprise market instead, there were rumors that Samsung was thinking about acquiring HP’s division, a rumor that was quickly denied later by Samsung themselves. Perhaps it was not the PC division that Samsung was interested in, but rather webOS, or that’s […]
Earlier today we reported on a rumor that suggested that Samsung may be considering acquiring HP’s PC division. Given that Samsung has plans to become the world’s largest PC maker, the rumors while unfounded, sort of made sense. Why not acquire one of the largest PC makers and add their brand and reputation to their company, which ultimately may help to boost Samsung into the top of the list?
This morning, we covered the unexpected acquisition of Motorola Mobility by Google for $12B, which is a huge premium (60%+) compared to the market value of Motorola Mobile on the previous day. Mobile technology is currently THE hot business topic with about 80% of market growth year-over-year in the Smartphone segment in Q1 2011.The patent war: providing new revenue streams to outsiders, slowing down AndroidThe patent war has been raging […]
This morning, Google has announced that it will acquire Motorola Mobility for $12B, which is a huge premium (60%+). This move is somewhat unexpected as it drastically changes Google’s position relative to other handset manufacturers who use Google’s Android operating system. Now Google has a vested interest in the Success of Motorola Android phones, which could create a conflict of interest, although Google says that “its vision of Android remains […]