Purchase News

Microsoft and Facebook announce $550 million patent deal

Microsoft and Facebook on Monday announced a $550 million patent agreement in which the social networking giant will purchase a portion of the patent portfolio Microsoft recently acquired recently from Aol. Facebook will >>

AT&T says T-Mobile deal will close later than expected

AT&T has pushed back the date it expects to close the books on its planned merger with T-Mobile and spectrum purchase from Qualcomm, The Wall Street Journal reported on Friday. The carrier had originally >>

MetroPCS interested in buying AT&T/T-Mobile assets

MetroPCS is interested in purchasing spectrum and subscribers from AT&T and T-Mobile, Bloomberg said Friday. Leap Wireless and Dish Network were also approached and Leap may still be interested in making an offer. >>

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 — >>

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 >>