Apple may buy Israeli flash memory firm Anobit for $400-$500 million

By on December 13, 2011 at 8:10 AM.

Apple may buy Israeli flash memory firm Anobit for $400-$500 million

Apple may be preparing to purchase Anobit, an fabless Israeli firm that specializes in flash storage solutions for mobile and enterprise markets. The Cupertino-based company could be willing to spend between $400 million and $500 million on Anobit, Calcalist reported Tuesday. Anobit’s website says its memory signal processing (MSP) technology “significantly improves endurance, performance and cost of flash storage products and systems.” Apple is reportedly already an Anobit customer for its MacBook Air, iPhone and iPad product families. Anobit was founded in 2006, holds 95 total patents and currently employs about 200 people. More →

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HP finalizes Autonomy acquisition

By on October 3, 2011 at 11:30 PM.

HP finalizes Autonomy acquisition

HP announced on Monday that it has followed through with its intentions to acquire Autonomy and has purchased the enterprise information technology firm for £25.50 per share in cash. HP will allow Autonomy to operate as an entirely separate arm; Autonomy will continue to be led by its founder and CEO Dr. Mike Lynch, who will report to HP’s newly appointed CEO Meg Whitman. “We are committed to helping our customers solve their toughest IT challenges,” HP president and chief executive officer Meg Whitman said. “The exploding growth of unstructured and structured data and unlocking its value is the single largest opportunity for consumers, businesses and governments. Autonomy significantly increases our capabilities to manage and extract meaning from that data to drive insight, foresight and better decision making.” Read on for the full press release. More →

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Broadcom to acquire NetLogic for $3.7 billion

By on September 13, 2011 at 2:35 AM.

Broadcom to acquire NetLogic for $3.7 billion

Broadcom announced on Monday that it will acquire NetLogic Microsystems for $3.7 billion and current NetLogic shareholders will receive $50 per share owned. “This transaction delivers on all fronts for Broadcom’s shareholders — strategic fit, leading-edge technology and significant financial update,” Broadcom president and CEO Scott McGregor, said. “With NetLogic Microsystems, Broadcom is acquiring a leading multi-core embedded processor solution, market leading knowledge-based processors, and unique digital front-end technology for wireless base stations that are key enablers for the next generation infrastructure build-out. Broadcom is now better positioned to meet growing customer demand for integrated, end-to-end communications and processing platforms for network infrastructure.” The proposed acquisition still needs approval from domestic and foreign regulators but is expected to close during the first half of 2012. Read on for the full press release. More →

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Google acquires ZAGAT

By on September 8, 2011 at 12:15 PM.

Google acquires ZAGAT

Google announced on Thursday that it acquired the restaurant rating company ZAGAT. “ZAGAT will be a cornerstone of our local offering — delighting people with their impressive array of reviews, ratings and insights, while enabling people everywhere to find extraordinary (and ordinary) experiences around the corner and around the world,” Marissa Mayer, vice president of local, maps and location services at Google said in a blog post. “I’m incredibly excited to collaborate with ZAGAT to bring the power of Google search and Google Maps to their products and users, and to bring their innovation, trust and wealth of experience to our users.” ZAGAT was started more than 32 years ago by a couple, Tim and Nina Zagat, and the company’s ratings are now embedded in pocket guides and plastered on restaurant windows in more than 100 cities around the world and across 13 different categories. Tim Zagat confirmed on ZAGAT’s website that the couple will remain with the business as co-chairs. “Google is the first place everyone goes when looking for information; it’s the perfect home for our content,” Mr. Zagat said. The terms of the deal were not disclosed. More →

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Samsung will ‘never’ buy webOS, CEO says

By on September 2, 2011 at 9:00 AM.

Samsung will ‘never’ buy webOS, CEO says

During the IFA trade show in Berlin on Friday, Samsung Electronics CEO Choi Gee Sung addressed rumors and speculation that Samsung was considering purchasing webOS from HP. Choi said Samsung would “never” make the purchase, according to Bloomberg. “It’s not right that acquiring an operating system is becoming a fashion,” he said. Samsung Mobile already has its own mobile operating system called bada and just released version 2.0. It also sells smartphones running Android and Microsoft’s Windows Phone platform. HP, which recently announced that it is ostensibly killing off the mobile operating system, has been working with other technology firms to license webOS. While Samsung may not buy webOS outright, the Korean-based company has held talks to license webOS for new smartphones, Bloomberg said, but it is still unclear how those discussions turned out. Considering the success Samsung is currently enjoying with Android and bada, however, we’re not sure HP will be able to convince Samsung that there is any real value in adopting an OS that it couldn’t even sell to users itself. More →

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Carriers seeking an alternative to Apple, Google may turn back to BlackBerry

By on August 26, 2011 at 11:15 AM.

Carriers seeking an alternative to Apple, Google may turn back to BlackBerry

Research In Motion will benefit in the near term from the ongoing launch of its new BlackBerry 7 smartphones, which are being described as the vendor’s strongest devices in some time. Sterne Agee analyst Shaw Wu upgraded his rating on RIM stock to Buy from Neutral, increasing his price target to $35 from $28. Wu sees near-term opportunity in RIM, and he thinks new BlackBerry handsets like the Bold 9900 will be well received. “The key differences this time include a refined user interface and improved hardware including faster processors, better graphics and displays as well as better build quality with its greater use of premium materials,” Wu wrote on Friday. “The company recently launched the new Bold 9900 and Torch 9810 and we see the upcoming launch of the full touchscreen Torch and new lower-end Curve in upcoming 1-2 quarters as future catalysts. RIMM has undoubtedly lost some customers but for loyalists still using 2-3 year old models, these refined updates are a worthy upgrade.” Read on for more. More →

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Electronic Arts may acquire PopCap Games for $1 billion

By on June 23, 2011 at 10:05 PM.

Electronic Arts may acquire PopCap Games for $1 billion

Electronic Arts is set to purchase PopCap Games for $1 billion, according to TechCrunch. PopCap Games is best known for titles such as Plants vs. Zombies, Peggle, and Bejewled, all of which are available on a number of platforms, including the PC and mobile devices. It’s unclear what the motivation behind the purchase is. EA has a number of hits available in the iTunes App Store, including NBA Jam, The Sims, and Tiger Woods PGA Tour 12, but perhaps it could use PopCap’s expertise in the casual market to create an entity capable of competing with the likes of Zynga — a firm that relies on in-game purchases to make money. Neither Electronic Arts nor PopCap Games has confirmed the purchase. More →

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Microsoft to acquire Skype for $8.5 billion

By on May 10, 2011 at 9:00 AM.

Microsoft to acquire Skype for $8.5 billion

Microsoft on Tuesday announced that it will acquire Skype for $8.5 billion in cash. The news comes just days after reports surfaced that Facebook and Google were both interested in purchasing, or at least creating a joint venture with the online video chat company. However, sources said Facebook was considering spending $3 to $4 billion on Skype, a fraction of Microsoft’s offer. The firm said Skype will be used to support Xbox and Kinect, Windows Phone and other Windows devices. Microsoft also said that it will connect Skype users with Lync, Outlook, Xbox Live and other software platforms. “Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world,” Microsoft’s CEO Steve Ballmer said in a statement.  Skype, which currently has 170 million connected users, will become a new business entity in Microsoft, and Skype’s current CEO Tony Bates assume the role of president of the Microsoft Skype Division. Hit the jump for the full release. More →

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Apple's cloud-based service to be dubbed 'iCloud', rumor suggests

By on April 28, 2011 at 7:30 PM.

Apple's cloud-based service to be dubbed 'iCloud', rumor suggests

According to the latest Internet rumor, Apple’s presumed cloud-based service may be getting a familiar moniker. Blog GigaOM is reporting that the Cupertino company has purchased the domain name iCloud.com from Swedish company Xcerion. We wouldn’t be surprised if the rumor turned out to be true, Apple has had a love affair with the vowel “i” since the early 1990′s, although, as TechCrunch points out, the iPad was thought to be called the iSlate at one point. The report states that Apple paid $4.5 million for the domain name, and states that Xcerion recently re-branded its service’s name from iCloud to CloudMe. Apple did not respond to the site’s request for comment. More →

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Facebook to compete with Groupon with 'Deals on Facebook'

By on April 26, 2011 at 1:29 PM.

Facebook to compete with Groupon with 'Deals on Facebook'

In November, Facebook announced its new “Deals” platform that allows users to check-in to various local businesses for discounts. On Tuesday, the social network announced that it’s taking that idea one step further with its new “Deals on Facebook” service — which is currently being tested in Atlanta, Austin, Dallas, San Diego, and San Francisco. Using the Deals on Facebook, friends will be able to see local specials — such as concerts or group discounts at restaurants – and buy them directly from the social network. While we definitely see this service competing head-to-head with similar services from Groupon and Living Social, Facebook has teamed up with a number of partners, including aDealio, Gilt City, HomeRun, kgb deals, OpenTable, Plum District, PopSugar City, ReachLocal, Tippr, viagogo, and zozi for a more robust offering. If you’re in one of Facebook’s beta markets, hit up http://www.facebook.com/deals for more info. More →

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Research In Motion's BlackBerry PlayBook now available

By on April 19, 2011 at 7:22 AM.

Research In Motion's BlackBerry PlayBook now available

The day has finally arrived for those eagerly awaiting the arrival of Research In Motion’s first tablet, the BlackBerry PlayBook. The 7-inch tablet — which is also the first device to run the company’s QNX-based software — is aimed at consumers and professionals alike, with a blend of speed, security, and functionality. You know what we think about the device, but we’re curious to know if you have any big plans for the PlayBook. Hit the jump to vote in our poll, and let us know if RIM’s tablet is going to be a part of your technology portfolio! More →

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Twitter may acquire TweetDeck

By on April 18, 2011 at 11:29 PM.

Twitter may acquire TweetDeck

According to a report by The Wall Street Journal, Twitter is in “advanced talks” to purchase TweetDeck — the popular desktop and mobile third-party Twitter client. The deal could be worth as much as $50 million, although neither party has commented on the possible acquisition. TweetDeck, based in the U.K, has 15 employees on its payroll. Twitter could use the acquisition to immediately offer a “native” Twitter client in the PC desktop space, especially if it has plans to begin targeting enterprise Twitter users. Although TweetDeck’s engineers have certainly proven that they have the developing chops to compete in the mobile space, too. More →

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Sprint bringing carrier billing to Android Market

By on April 13, 2011 at 2:53 PM.

Sprint bringing carrier billing to Android Market

Google has confirmed that the nation’s third largest wireless provider, Sprint, has started rolling out a new feature to its Android Market users: carrier billing. Sprint will — presumably — get a small cut of the total amount spent, which will be charged to users’ monthly wireless statements. According to intel gathered by blog Android Central, corporate customers will — for obvious reasons — be automatically opted-out of the service; users that voluntarily decline access to carrier billing “will be presented with the option to bill to account but will not be able to successfully purchase using this payment option.” The rollout should be completed by tomorrow, April 14th. Sprint has yet to publicly announce the addition. More →

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