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Merger

Reuters: AOL contemplating breakup and merger with Yahoo!

December 6th, 2010

Reuters is reporting that AOL, Inc. is contemplating a breakup through “a complicated series of transactions” that could end in a merger with search giant Yahoo!. The publication is citing “sources close to the plans” and adds that “the latest discussions derive from plans contemplated in 2008 and 2009 before Time Warner spun off AOL …

Palm shareholders approve HP merger, deal set to close early July

June 25th, 2010

Unofficial sources are letting it be known that the Palm shareholder meeting held Friday morning ended on a positive note with the shareholders approving the buyout offer from HP. The reportedly short and sweet meeting was awash with tidbits of interesting information regarding the future of Palm and webOS which include: Confirmation that Rubenstein will …

Toshiba and Fujitsu combine forces to create Japan's second largest mobile phone manufacturer

June 18th, 2010

Toshiba and Fujitsu confirmed on Thursday that the two Japanese companies will be merging their mobile phone business units. As part of the merger, Toshiba will spin off its mobile division into a new company with Fujitsu acquiring a majority stake in this newly formed venture. The resulting company will become Japan’s second largest mobile phone maker with an estimated …

AT&T gets FCC approval for purchase of Centennial Wireless

November 6th, 2009

If you’re a big telecommunications company there is the hard way to add 893,000 customers to your portfolio — by working to provide hardware and services that people value and want — then there is the easy way. Cutting a check. Today, the FCC gave AT&T the final go ahead to purchase US wireless carrier …

Microsoft drops the Y-bomb, again

March 10th, 2009

Everyone’s favorite star-crossed lovers — the likes of which haven’t been seen since General Hospital — may be coming back to the bargaining table, yet again, in an effort to unite two of the Internet’s biggest powerhouses. Yep, speculation is in full swing once more as Microsoft COO reveals the company is still interested in …

AT&T to scoop up divested Verizon Wireless assets?

February 4th, 2009

As part of the Alltel merger, Verizon Wireless was required to divest nearly $3 billion in wireless assets as shown in the dark blue and red areas in the map above. According to the Wall Street Journal, AT&T is rumored to be one of three interested parties seeking to scoop up these soon-to-be-available markets. Other …

Verizon Wireless rebrands IN Calling, now includes Alltel numbers

January 17th, 2009

Verizon Wireless is moving right along with its integration of Alltel. As of yesterday, January 16th, Verizon Wireless customers can now call and text message certain Alltel customers for free as part of Verizon’s IN Calling and IN Messaging. To find out if the Alltel number is supported, Verizon customers can go to Verizon’s new …

Verizon Wireless completes Alltel acquisition

January 10th, 2009

Verizon Wireless announced on Friday that it has completed its acquisition of Alltel. Verizon paid $5.9 billion for the equity of Alltel and assumed all of Alltel’s approximately $22.2 billion in debt. Verizon will gain an additional 12.9 million customers, making Verizon the largest wireless carrier in the US with 83.7 million total customers. Verizon …

Ballmer says “No” to a post-Yang Yahoo buyout

November 20th, 2008

Ending speculation that another Microsoft-Yahoo deal may be on the table after the exit of Jerry Yang, Steve Ballmer said at a Wednesday shareholder meeting “Let me be clear. We are done with all acquisition discussions with Yahoo.” His announcement sent Yahoo’s shares into a 20% nosedive, closing at $9.13 at days end. Ballmer did …