Google has some cash in its coffers to throw around, and today it's putting some of that money to use. The big G announced today that it has purchased Incentive Targeting, a company that aims to get coupons to customers who will actually use them. Details are still relatively slim, despite the fact that both companies have made statements about the acquisition.
SoftBank's intention of purchasing a 70% stake in Sprint is one of the month's bigger news stories (at least so far), so it's no wonder that today we're seeing other carriers coming out and stating some issues they have with the proposed acquisition. One of these carriers is AT&T, which is warning FCC regulators today to closely examine this buyout and its potential consequences. Specifically, AT&T seems concerned over the fact that SoftBank acquiring Sprint means that SoftBank will also take control of Clearwire, giving it a large amount of wireless spectrum.
SoftBank's desire to purchase a majority stake in Sprint last week, but today, the two companies confirmed the deal. SoftBank will pay out $20.1 billion to take control of a 70% share in Sprint, with $12.1 billion of that going to current Sprint shareholders as consideration for the buyout. The rest of the money - all $8 billion of it - will be given to Sprint as new capital.
rumors were circling around that Motorola, and by extension Google, were planning to purchase facial recognition company Viewdle. Turns out those were much more than rumors, as we have confirmed that Motorola is acquiring the company. Of course, because Google owns Motorola, this means they also own Viewdle. There is no official word on how much Motorola paid for Viewdle, but rumors said they are paying somewhere in between $30 to $45 million dollars. Motorola says they have been working with Viewdle for a while before the acquisition, so the transition should go smoothly. Viewdle's technology could prove a huge benefit for Android owners. A little deduction tells us that Motorola makes devices, Google makes Android and Viewdle makes facial recognition software. Put that together and there is good chance that we should see some new facial recognition features coming to Android devices at some point. Besides Android, the newly acquired technology could see usage in Google Glass. Imagine looking at a friend and having the glasses recognize them and tell you key facts such as when their birthday is or what their favorite topics of conversation are. We will keep you posted on this acquisition as it happens, so keep your browser locked on Android Community. [timeline]
T-Mobile USA, Deutsche Telekom, have confirmed that they are indeed looking to buyout and merge MetroPCS with T-Mobile here in the USA. Earlier we heard a few rumors of a possible buyout, but it has now been confirmed that the two companies are engaged in talks regarding a potential acquisition and merger.
Google is apparently close to inking yet another deal to buy up the popular Augmented reality and facial recognition company Viewdle. Google's been on a roll as of late, but this is a pretty unique acquisition given the possibilities. Viewdle is a Ukrainian company that specializes in AR and facial recognition technology and software that automatically tags faces in photos.
bought by Google today. The search giant plans to bolster its Google+ photo features with the Snapseed acquisition and compete with Facebook and Instagram head on. The app, which is available on iOS, Mac and Windows (with an Android version coming soon), has gained over nine million users within its first year.
announced plans to buy up NextWave Wireless, and though it may seem like an odd purchase at first, there's a good reason for it. NextWave has the rights to use Wireless Communication Services (WCS) and Advanced Wireless Service (AWS) spectrum, and it seems that AT&T is specifically interested in WCS spectrum to give its 4G LTE service a boost. Of course, there are a few roadblocks that AT&T has to get past before it can do such a thing, considering that the FCC hasn't cleared WCS for mobile Internet yet.
Google has acquired Sparrow, a company that makes a popular email client for Mac and iOS. Details on the acquisition are pretty light at this moment, but it seems that Google will use Sparrow's talents to make a better Gmail app for smartphones, tablets, and Mac. This means that Sparrow will likely be helping Google create a more worthwhile Gmail client for Android, so this is something to keep an eye on. Neither Google nor Sparrow have revealed how much Google paid in the acquisition deal.