AT&T and Leap Wireless held merger discussions in recent months

By on May 11, 2012 at 7:30 PM.

AT&T and Leap Wireless held merger discussions in recent months

AT&T And Leap Wireless Talk Merger

The nation’s second largest wireless carrier has reportedly held talks with Leap Wireless in recent months over a possible acquisition, according to Reuters. The move is the latest attempt by AT&T in its efforts to find additional wireless spectrum after its failed acquisition of T-Mobile. The talks were serious enough that Leap reportedly hired bankers to advise it on a potential deal, although it is unclear if discussions are still ongoing. Leap Wireless, which operates the nation’s seventh largest wireless network, has a market value of roughly $400 million and $3.2 billion of long-term debt. Earlier in the week it was reported that T-Mobile and MetroPCS were also holding discussions regarding a possible merger. More →

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Zynga buys ‘Draw Something’ creator OMGPOP

By on March 21, 2012 at 3:05 PM.

Zynga buys ‘Draw Something’ creator OMGPOP

Zynga on Wednesday announced that it has acquired app developer OMGPOP for $180 million, plus another $30 million in employee-retention payments, AllThingsD reported. The company confirmed the acquisition during a conference call on Wednesday afternoon, however it did not disclose the terms of the deal. Even though the OMGPOP’s app is only six weeks old, the turn based Pictionary-style game “Draw Something” has already become the most popular Facebook Connect game, beating out Zynga’s own Words With Friends. OMGPOP’s app is also the No.1 free app and No.1 paid app on both the iOS App Store and the Google Play marketplace for Android. The addictive drawing game boasts 35 million registered users, 10 million active daily users and almost 1 billion ad impressions per day. More →

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Beats Audio to acquire MOG streaming music service

By on March 20, 2012 at 4:25 PM.

Beats Audio to acquire MOG streaming music service

Beats Audio, the company behind the popular Beats by Dr. Dre line of over-ear and in-hear headphones, is reportedly planning to acquire subscription music service MOG. The deal was first reported by Business Insider and then reaffirmed by AllThingsD on Tuesday. Founded in 2005, MOG is a service similar to Spotify, Rhapsody and Microsoft’s Zune. It makes use of a freemium model and allows subscribers to stream unlimited music to a computer, tablet or smartphone. At last count, MOG touted more than 500,000 active users. Taiwan-based smartphone vendor HTC is the majority owner of Beats Audio and if the reports pan out, it is possible that the subscription music service will be incorporated into HTC’s Sense suite of software and services. The terms of the deal have not been reported. More →

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Motorola: No big short-term changes following Google merger

By on March 2, 2012 at 10:30 AM.

Motorola: No big short-term changes following Google merger

Motorola Mobility does not expect any large changes following Google’s acquisition of the company. Alain Mutricy, Motorola’s senior vice president of portfolio and product management, said interview with Fierce Wireless that the vendor will not alter its plans once it comes under the Google “umbrella.” Until the deal closes, which may be soon, Motorola and Google are two separate companies and the manufacturer will  continue on its path as subsidiary of Google. “I don’t see a very short term, complete change of the product direction,” Mutricy said. “I think that we have a business to run, and therefore I think that there is continuity to be expected for 2012.” Mutricy also believes that having closer collaboration on Google’s services, such as Google+ and YouTube, could be a great opportunity for Motorola. More →

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Apple’s ‘Genius’ recommendations may soon be less awful

By on February 24, 2012 at 9:40 AM.

Apple’s ‘Genius’ recommendations may soon be less awful

Apple is a company that somehow manages to churn out an above-average amount of beautiful products, fantastic software and class-leading services. When it misses, however, it misses big. MobileMe is one example. Ping is a better one. A third example is Apple’s Genius recommendation engine, which seeks to present App Store users with a list of applications they may enjoy based on their app download history. Right now, Genius is awful, but Apple’s recent acquisition of a company called Chomp may see things change in the near future. Read on for more. More →

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Sony completes Sony Ericsson buyout

By on February 16, 2012 at 11:30 PM.

Sony completes Sony Ericsson buyout

Sony on Thursday announced the transaction to acquire Ericsson’s 50% stake in Sony Ericsson has been completed. Sony and Ericsson announced the deal last October, which was worth €1.05 billion in cash and made Sony Ericsson a wholly-owned subsidiary of Sony. The company will be renamed to Sony Mobile Communications and will “further integrate the mobile phone business as a vital element of its electronics business, with the aim of accelerating convergence between Sony’s lineup of network enabled consumer electronics products, including smart phones, tablets, TVs and PCs.” Read on for Sony’s press release. More →

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Google’s Motorola acquisition approved by Justice Department

By on February 13, 2012 at 5:05 PM.

Google’s Motorola acquisition approved by Justice Department

The United States Department of Justice has approved Google’s proposed $12.5 billion acquisition of Motorola Mobility, Reuters’s Poornima Gupta reports. The deal gained regulatory approval from the European Commission earlier on Monday, and a U.S. approval was expected to follow today or later this week. Google revealed its intention to purchase Motorola Mobility late last summer, pointing to the potential to create cohesive end-to-end solutions as one of the main draws for Google. “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies,” Google CEO Larry Page said in a statement at the time. “Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.” Page also said that Motorola’s sizable patent portfolio would help Google protect itself and its partners from rivals with aggressive litigation strategies like Apple and Microsoft. More →

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European Commission approves Google’s Motorola acquisition

By on February 13, 2012 at 1:30 PM.

European Commission approves Google’s Motorola acquisition

Google on Monday announced that its proposed acquisition of Motorola Mobility has been approved by regulators in Europe. “We’re happy that today the European Commission approved our proposed acquisition of Motorola Mobility, which we announced in August,” Google Vice President & Deputy General Counsel Don Harrison wrote in a post on a company blog. “This is an important milestone in the approval process and it moves us closer to closing the deal. We are now just waiting for decisions from a few other jurisdictions before we can close this transaction.” United States regulators are expected to follow suit and approve the $12.5 billion deal later this week. More →

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Google’s Motorola buy set to gain approval next week

By on February 9, 2012 at 7:20 AM.

Google’s Motorola buy set to gain approval next week

Google’s bid to acquire Motorola Mobility for $12.5 billion is set to gain regulatory approval as soon as next week, multiple reports claim. Google announced last summer that it intended to purchase the struggling smartphone and set-top box maker for $40 per share, and CEO Larry Page explained that Motorola’s patent portfolio was a key draw for the company. Google’s Android partners had fallen under attack from patent predators such as Apple and Microsoft, and the ability to spread Motorola’s patents around as needed could be the only way to save Android. As recent events in Germany have shown, Motorola’s patents could indeed be Android’s best bet. While some regulators apparently remain unconvinced that Google intends to license Motorola’s patents on fair terms, The Wall Street Journal reports that the deal is still on track to gain approval from the Justice Department as early as next week. More →

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Nikesh Arora rumored to become Motorola CEO after acquisition

By on January 31, 2012 at 6:05 PM.

Nikesh Arora rumored to become Motorola CEO after acquisition

Nikesh Arora, Google’s SVP and Chief Business Officer, will run Motorola once the Google acquisition closes later this year, according to rumor published by Business Insider. Arora ran the company’s international business for Eric Schmidt, taking over the global business after the former CEO stepped down. Arora has reportedly been “agitating” for a CEO position and was included on a short list of candidates to head Yahoo. It is possible, however, that a promised CEO slot at Motorola could have prompted Arora to continue with Google. The rumor further notes that Dennis Woodside, Google’s current head of U.S. sales, will take over Arora’s current position. More →

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Twitter looks to squash spam and malicious links with new acquisition

By on January 24, 2012 at 6:35 PM.

Twitter looks to squash spam and malicious links with new acquisition

Twitter finally appears to be preparing a new wave of attacks on the malicious spammers that have overrun the popular social network during the past year. Web security firm Dasient on Monday announced that it has been acquired by Twitter. “Since its inception, Dasient has been focused on solving web-scale security problems involving malware and other types of online abuse,” the firm noted in a blog post. “In 2009, Dasient launched its web anti-malware platform, capable of scanning URLs and websites for the presence of harmful content. In 2010, Dasient launched the industry’s first anti-malvertising service to protect ad networks and publishers from the scourge of malicious ads. Over the last year, we have been very active in securing the ads and content of the some of the industry’s largest ad networks and web sites.” The firm is seen as playing a large role in securing new self-service advertising efforts Twitter is preparing to roll out in the near future. A secondary benefit to end users, however, is that the link-spam currently plaguing members of the social network may be quelled as part of Twitter’s efforts with Dasient technology. More →

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European Union to rule on Google’s planned Motorola Mobility buy on February 13th

By on January 19, 2012 at 3:45 PM.

European Union to rule on Google’s planned Motorola Mobility buy on February 13th

The European Union will decide on February 13th whether or not to give its blessing to Google’s planned purchase of Motorola Mobility. Google recently provided European courts with more information in support of the merger, Reuters said. The European Union suspended its review of the merger on December 12th pending Google’s submission of documents that are considered “essential to its evaluation of the transaction.” Google announced on August 15th its intentions to purchase Motorola Mobility for $12.5 billion and said the purchase will bolster its patent portfolio and help it defend its Android partners against competitors such as Apple and Microsoft. More →

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AT&T again said to be considering Dish Network acquisition

By on January 18, 2012 at 9:25 PM.

AT&T again said to be considering Dish Network acquisition

After the company’s failed acquisition of T-Mobile, AT&T is said to be in dire need of additional wireless spectrum and may be looking at Dish Network, the second-largest satellite-television provider in the United States. “AT&T wants to get more spectrum,” said Recon Analytics Roger Entner in a telephone interview with Bloomberg. “They are a year behind Verizon in the LTE race. Dish would undoubtedly be a good combination and it would solve a lot of AT&T’s problems.” Dish acquired spectrum from the bankruptcies of DBSD North America and TerreStar Networks. President and CEO Joe Clayton said the company is open to future acquisitions, and with airwaves limited, Dish has become a valuable target. AT&T may now be looking to pay the highest premium in more than a decade to acquire the satellite TV provider, according to Bloomberg. At a reported $50 a share, AT&T would have to pay a 77% premium for Dish, the highest in an acquisition greater than $5 billion by a telecommunications company since 2000. AT&T and Dish Network declined to comment. More →

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