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buyout

Sprint CEO Dan Hesse says AT&T, T-Mobile deal will ‘stifle innovation’

March 22nd, 2011

Sprint CEO Dan Hesse on Tuesday shared strong opinions surrounding AT&T’s recent announcement that it plans to acquire T-Mobile USA from Europe’s Deutsche Telekom. Speaking on Tuesday morning at the CTIA Wireless 2011 convention, Hesse said AT&T’s plans to acquire T-Mobile will hurt customers. He also said that if approved by regulators, the deal would …

HP beat out four companies in bid for Palm

May 17th, 2010

When the news officially broke that HP had put in a winning bid for Palm, it all seemed so simple. HP, a company that has long had its smartphone ambitions beset by poor hardware and execution, seemed to simply be the only company that was really intent on purchasing the troubled company based in Sunnyvale. …

HTC drops its bid for Palm as Lenovo emerges as front-runner

April 23rd, 2010

According to a report from Reuters, HTC has dropped the idea of acquiring Palm after a close examining the ailing company’s books. Reuters quoted an unnamed source in Taiwan who was involved in the dead deal as saying “there just weren’t enough synergies to take the deal forward.” This means HTC has joined a growing list …

RIM buys out Viigo

March 27th, 2010

Although the timing of the announcement is a bit of a surprise given that RIM’s Wireless Enterprise Symposium kicks off in one month’s time, Mark Ruddock, CEO of popular BlackBerry development firm Viigo, announced Friday afternoon that his firm has been acquired by BlackBerry maker Research In Motion. Viigo, whose self-titled application is easily one …

Apple set to purchase mobile ad company Quattro Wireless?

January 5th, 2010

It looks like Apple is getting ready to take on Google in the mobile ad space as the latter had recently purchased AdMob for $750 million. Quattro Wireless, a direct competitor of AdMob, will be picked up by Apple for a cool $275 million according to BoomTown. The company has already raised approximately $30 million …

Is Microsoft looking to buy RIM?

October 10th, 2008

Is Microsoft looking to buy RIM? According to the latest buzz on Wall Street, the answer is possibly, but only if RIMs shares hit the $40 mark. With RIMs shares hovering around the $60 mark, Microsoft is rumored to be looking for RIM to tumble further before taking action. Said Canaccord Adams analyst Peter Misek, …