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Posts tagged ‘acquisitions’

13
Dec
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Apple to buy flash chip maker Anobit for $500 million?

Disclaimer: Delving into Apple’s business requires a hefty pinch of salt, okay? Good. Is Apple about to open that $84 billion war chest to make another one of its traditional flash-memory supply-chain land-grabs

Read the original:
Apple to buy flash chip maker Anobit for $500 million?

10
Nov

China Telecom looking to expand into US consumer market, eyes 2012 launch

Instead of resting on its laurels as China’s third-largest wireless provider, China Telecom is now looking to branch out into relatively uncharted waters — namely, the US consumer market. In a recent interview with Bloomberg, Donald Tan, president of China Telecom Americas, confirmed that his company plans to bring its own branded wireless service to select US markets next year, in the hopes of capitalizing on the large Chinese communities and consumer bases scattered across the country. According to Tan, the proposed service would provide customers with handsets that could be used in both China and the US, theoretically appealing to Chinese-Americans, students or businessmen who travel frequently between the two countries. The exec didn’t reveal much in the way of pricing, saying only that it would be “competitive,” though he did acknowledge that the service is already undergoing trials with several unnamed wholesale partners. If the trial goes swimmingly, he added, China Telecom may expand it to Canada, as well, and would even consider purchasing or constructing its own network in the States (pending FCC approval, of course). The provider, which has already been marketing its services to US corporations for a decade, also has the capacity to spend “hundreds of millions or billions” on stateside acquisitions, though none are currently on the table. “We want some acquisitions in the U.S. and other countries on this continent,” Tan explained. “It’s a very quick way to growth.”

China Telecom looking to expand into US consumer market, eyes 2012 launch originally appeared on Engadget on Thu, 10 Nov 2011 10:27:00 EDT. Please see our terms for use of feeds.

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4
Oct

HP pays $10.4 billion for controlling interest in Autonomy, which will remain autonomous


VoodooPC
. 3Com. And, perhaps most notoriously, Palm. The list of HP acquisitions grows by one today, with the purchase of UK information-software maker Autonomy, long a target of former HP chief Léo Apotheker. Apotheker, you may recall, was just ousted in favor of former eBay CEO Meg Whitman. The deal began during Apotheker’s tenure and went through with HP paying just about $10.4 billion for a controlling percentage of Autonomy stock. The UK firm will remain a separate unit, with Whitman saying, “Autonomy significantly increases our capabilities to manage and extract meaning from that data to drive insight, foresight and better decision making.” Something tells us she’s not the only one hoping for some better decision making. For full details on HP’s latest buy, check the source link.

HP pays $10.4 billion for controlling interest in Autonomy, which will remain autonomous originally appeared on Engadget on Mon, 03 Oct 2011 19:22:00 EDT. Please see our terms for use of feeds.

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14
Jun

Garmin to purchase Navigon, plans to complete acquisition by late July


News of Garmin’s plans to acquire Navigon leaked out earlier this month, but we now have official word that the GPS giant will bring the smaller German company under its wing beginning in late July. Pending regulatory approval, the deal would have Navigon, one of the largest GPS brands in Europe, functioning as a subsidiary of Garmin, which has a much stronger presence in North America. The companies were unable to reveal any financial information, though previous estimates priced the deal in the “mid-double-digit million” Euro range. Navigon says it’s not ready to share any details concerning the acquisition, but we’re unlikely to see major effects in the US, where the company has smartphone apps but hasn’t sold dedicated GPS devices in several years.

Continue reading Garmin to purchase Navigon, plans to complete acquisition by late July

Garmin to purchase Navigon, plans to complete acquisition by late July originally appeared on Engadget on Tue, 14 Jun 2011 15:14:00 EDT. Please see our terms for use of feeds.

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3
Jun

Garmin in talks to buy Navigon?

It’s hard out there for a company making endangered gadgets. According to Reuters, flailing satnav maker Navigon could be acquired by none other than Garmin, which has struggled itself to maintain strong handheld navigator sales in the face of stiff competition from smartphones. The deal could be worth somewhere in the “mid-double-digit million” Euro range — a none-too-helpful estimate, but enough for us to understand that the personal navigator market is in such a state that Garmin could scoop up its rival for a pretty modest sum. Garmin, for its part, has been doing well, considering — it’s the top navigator brand in the US (a market Navigon has long since exited), and its profit nearly tripled in the most recent quarter. That’s largely thanks to those bestselling navigators, but also because the company’s been wise enough to reinvent itself as a purveyor of running watches and expand its boating and aviation businesses. In any case, if the Navigon brand is going bye bye, it looks like we could find out as soon as this month.

Garmin in talks to buy Navigon? originally appeared on Engadget on Fri, 03 Jun 2011 18:17:00 EDT. Please see our terms for use of feeds.

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20
May

Google to buy Modu patents, hopefully leave Nokia alone

It took complete failure to do it, but it looks like Modu founder Dov Moran finally found that new source of capital he went hunting for last November. In an effort to pay back creditors and unpaid wages, the firm’s patent portfolio is slated to be snatched up by Google for roughly $4.8 million. What’s Mountain View going to do with a mess of ultra-lite modular phone patents? It didn’t come up, but we wouldn’t be too surprised if it had something to do with its Danger-powered hardware wing and Android Open Accessory. Putting Modu to rest hasn’t phased ‘ol Dov, though; Israeli news source Calcalist reports that he’s already invested three million smackers in a mysterious new start up — about which Moran remains tight lipped. Goodnight, Modu; we’ll always remember you as the audacious underdog who had the brass to tell Nokia to say their prayers.

Google to buy Modu patents, hopefully leave Nokia alone originally appeared on Engadget on Thu, 19 May 2011 23:25:00 EDT. Please see our terms for use of feeds.

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2
Oct

Google acquires BlindType in a pure win for the accuracy-challenged

 Google acquires BlindType in a pure win for the accuracy-challenged

In what can only be described as an epic win for all Android-kind, Google has purchased the company behind the Blind Type keyboard. Still no word on a release date, but Now that they have Google behind them, perhaps this will be integrated with the Android keyboard at the OS level, becoming more than just another keyboard on the Market. [BlindType via Engadget]

Posted originally at Android Central

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4
May

We’d tell you why Google bought BumpTop if we knew why

 

Bumptop, a 3D desktop manager that’s been implemented in Windows 7 and OS X, has just been bought out by the Google. Bumptop was a ridiculously slick experience that beautifies and changes the way you use your desktop. It was intended for touch-based devices such as tablets and offered users a 3D-space to store their files. We’re not sure what Google has planned for Bumptop but if they decided to use it in future Android phones or ChromeOS tablets, we would be very happy. If Google just wanted to outbid Apple on another purchase, well, we would not be so happy.

If you want to get to know Bumptop before the plug gets proverbially pulled, the app will still be available for download for the next week, free of charge. Check out the video after the jump to see how Bumptop works, and see if it can translate to the Android (or ChromeOS) platform. What do you guys think? [via engadget

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