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Garmin to acquire Navigon

June 14th, 2011

On Tuesday Garmin announced that Navigon’s shareholders have signed an agreement for a Garmin subsidiary to purchase Germany-based Navigon. “This acquisition is a great complement to Garmin’s existing automotive and mobile business. Navigon has invested significantly in the European automotive OEM business, and we feel that we can rapidly expand our automotive OEM footprint and …

Hands-on with OnLive’s new tablet support on Flyer, XOOM, and iPad

June 7th, 2011

OnLive — the popular gaming service that allows you to purchase, subscribe, or rent games and play them on your television —  has now announced that it’s extending its gaming support to mobile devices. Later this summer the company will debut a new controller, as well as applications for iOS and Android. OnLive basically streams …

California public utilities commission investigating AT&T’s T-Mobile acquisition

May 28th, 2011

The Public Utilities Commission in California will investigate AT&T’s planned acquisition of T-Mobile, The Wall Street Journal reported on Friday. The Golden state is one of three states that Sprint has asked to investigate the deal — the other two are West Virginia and Louisiana. “We believe a thorough investigation will reveal the negative implications …

Twitter acquires TweetDeck for $40 million

May 24th, 2011

Earlier this month we heard reports from TechCrunch that TweetDeck had been acquired by Twitter for $50 million. CNN now says that Twitter has finalized its purchase of TweetDeck in a $40 million cash and stock deal, and that the paperwork was signed on Monday. Neither Twitter nor TweetDeck have confirmed the purchase, and Twitter’s PR …

Google to acquire Modu patents for $4.9 million

May 19th, 2011

Google was recently granted permission to purchase a patent portfolio previously held by Modu, a now defunct Israeli cell phone maker that couldn’t find a market for its minuscule mobile phones. Modu emerged in 2008 touting a peculiar modular cell phone that could be placed in a variety of sleeves to perform different functions. The unique phones, …

AT&T to pay T-Mobile $6 billion if feds reject acquisition

May 12th, 2011

AT&T will pay T-Mobile $3 billion in cash, a $1 billion roaming agreement, and $2 billion in spectrum if the Federal Communications Commission and the Department of Justice reject AT&T’s proposed $39 billion acquisition of T-Mobile. The agreement’s 15% breakup fee would shatter global records, Reuters said, noting that the 7.7% breakup cash agreement is …

Microsoft to acquire Skype for $8.5 billion

May 10th, 2011

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 …

Facebook and Google eyeing Skype joint venture, possible purchase

May 5th, 2011

Facebook and Google are in separate talks to enter joint ventures with Skype, Reuters reported on Thursday. Facebook’s CEO Mark Zuckerberg has also reportedly been in clandestine meetings discussing an all-out purchase of the VoIP service. Skype’s IPO, which is expected to occur later this year, could be worth $1 billion, however, deals with Facebook …

AT&T’s T-Mobile acquisition to receive in-depth Department of Justice investigation

May 3rd, 2011

The Department of Justice will perform an “in-depth” investigation of AT&T’s proposition to acquire T-Mobile USA, Reuters is reporting. Such an investigation comes as no surprise, as one FCC official assured the public on April 14th that the acquisition would get a thorough review from government antitrust and communications officials. Bloomberg says that the DoJ …