Acquisition
Vocaltec acquires Outsmart assets
Vocaltec Communications, a provider of multimedia and voice-over-IP solutions for communication service providers, has acquired substantially all of the assets of Outsmart, a provider of telecommunications convergence solutions. The Outsmart assets acquired by Vocaltec includes Outsmart’s technology and intellectual property, as well as its primary customer and partner contracts. Vocaltec plans to engage certain Outsmart [...]
Ericsson completes Nortel acquisition in North America
Ericsson has completed its acquisition of substantially all of Nortel’s CDMA business and LTE assets in North America. The acquisition includes the transfer of important CDMA contracts with North American operators including Verizon, Sprint, US Cellular, Bell Canada, Telus and Leap, as well as LTE assets, certain patents and patent licences relating to CDMA and [...]
Motorola to acquire Bitband
Motorola has signed a definitive agreement to acquire Bitband, a provider of content management and delivery systems, specialising in video-on-demand for IPTV. Terms of the transaction were not disclosed. The acquisition, which is subject to customary closing conditions, is expected to close in Q4 2009. Bitband will be integrated into Motorola’s Home & Networks Mobility [...]
Investor group to acquire majority stake in Skype
Skype Technologies and an investor group led by Silver Lake have signed a definitive agreement in which the investor group will purchase a 65 per cent interest in Skype Technologies from eBay for approximately $1.9bn in cash, in a transaction valuing Skype Technologies at $2.75 bn. eBay will retain the remaining 35 per cent equity [...]
EMC to acquire Kazeon Systems
EMC, a player in information infrastructure solutions, has signed a definitive agreement to acquire privately-held Kazeon Systems, an eDiscovery software provider for corporations, legal service providers, government entities and law firms. The transaction is expected to close in the third quarter of 2009, subject to customary closing conditions. EMC believes the acquisition with help the [...]
Vimicro acquires Alcatel-Lucent Shanghai Bell’s ViSS business
Vimicro, a multimedia semiconductor and solution provider, has announced that Vimicro Tianjin, a joint venture company operated and managed by Vimicro, entered into a definitive agreement to acquire Video Surveillance System (ViSS) from Alcatel-Lucent Shanghai Bell (ASB). Vimicro Tianjin will acquire the complete ViSS business including all property, plant and equipment, inventories, business contracts, intellectual [...]
Orange to acquire Unanimis
The Orange France Telecom Group has acquired 100 per cent of Unanimis, an exclusive digital advertising network in the UK. Unanimis has exclusive online advertising relationships with key website brands such as the AA, Ticketmaster, ASOS, Gumtree and Shopping.com. Orange believes together, Orange and Unanimis will have particular strength in the area of online advertising. [...]
Neusoft acquires Finnish mobile solutions company Sesca
Neusoft, an IT solutions & services company in China, has signed an agreement with the Finnish software company Sesca Group under which Neusoft will acquire Sesca’s mobile phone software development and testing business operations in Finland and Romania. According to the agreement, Sesca’s subsidiaries, Sesca Mobile Software, Almitas and Romania-based Sesca Technologies will be integrated [...]
MySpace to acquire iLike
MySpace has announced an agreement to acquire iLike, a social music discovery service. Brothers Ali and Hadi Partovi founded iLike in 2006. The entire iLike team will stay intact including, CEO Ali Partovi, President Hadi Partovi and CTO Nat Brown. MySpace noted that all three are seasoned entrepreneurs who havrve held executive positions at both [...]
Neural acquires Fico’s Liquid Credit for Telecom solution
Neural Technologies, a provider of risk management software solutions, and Fico, a provider of analytics and decision management technology, have announced that Neural Technologies has acquired a key asset from Fico, the Liquid Credit for Telecom solution. Current customers for Fico’s Liquid Credit for Telecom solution will experience a transition of their current services and [...]
