Merger

European Union slams the breaks on Google-Motorola antitrust review

Excited at the prospect of Google having its own in-house hardware branch? Prepare to curb your enthusiasm: Bloomberg reports that antitrust proceedings for Google's acquisition of Motorola in the European Union will take even longer than normal, after the European Commission has halted its investigation to allow for more discovery. The Commission is requesting "certain documents that are essential to its evaluation of the transaction", with no ETA on the continuing process.

Twitter acquires Android security firm Whisper Systems

Here's an odd bit of M&A news. Wired reports that Twitter's latest acquisition is a tiny Middle Eastern company whose sole focus is enterprise-grade security for Android phones. Whisper Systems, made up of notable computer security guru Moxie Marlinspike and CTO Stuart Anderson, gained the public's interest when it developed a secure, encrypted calling service called RedPhone in the wake of the revolution in Egypt.

FCC calls for hearing on AT&T’s T-Mobile purchase

The road is only getting rockier for AT&T's proposed purchase of T-Mobile. In addition to a Justice Department lawsuit attempting to block the merger entirely, the Federal Communications Commission (you know, that standardizing body that gives us so many juicy leaks) is calling for a hearing into the matter. The last time that the FCC called for a hearing was the proposed merger between DirecTV and Echostar, and that deal never went through.

Motorola Mobility shareholders vote yes to Google merger

Back in August Google and Motorola Mobility declared their intentions to merge. The deal will cost Google $12.5 billion once complete and will land the search giant the hardware maker to go its popular OS. The merger deal has hurdles left to clear yet, but it is one-step closer to a done deal now.

Motorola reports smaller losses, expects to close merger this year

Motorola has done well out of Android, and vice versa, culminating in Google's plans to buy the hardware company outright. At their quarterly earnings report, Motorola reported $3.3 billion USD in total revenue, and a $32 million dollar loss - not terrible in a down economy, and better than last quarter's $52 million. They also extemporized on the Google sale, with enthusiastic plans moving forward. According to Motorola, the sale of the company to Google should be complete before the end of the year, or early 2012 at the absolute latest. That doesn't include any sort of integration, and of course, it's contingent upon stockholders' approval at the meeting on November 17th. The company was quick to highlight the new Motorola DROID RAZR, releasing on November the 10th on Verizon in the United States and elsewhere in the world as just the RAZR. Motorola is putting a lot of emphasis on MotoACTV, the new fitness sensor-service combination, currently slated for a $249 starting price at an indeterminate date. Motorola still isn't where they'd like to be - no company in the red is, and celebrating the fact that you're losing one less cent a share compared with last year doesn't exactly warrant champagne. But things are looking up, and with the R&D muscle of Google bolstering their efforts next year, not to mention a possible inside line on Android, things could be a lot worse. Now if only they'd get off that non-removable battery kick that seems to be continuing with the DROID 4...

Motorola shareholders will vote on Google acquisition on November 17th

Google made waves in the tech world when it announced its intention to buy Motorola Mobility outright back in August. The $12.5 billion deal would stabilize the cell phone icon, which has been struggling even after a successful revival based on Android smartphones. More importantly, it would give Google an in-house manufacturer for Android, creating a top-down supply chain a la the iPhone. Motorola announced via press release that its shareholders will vote to approve or deny the acquisition on November 17th.

AT&T, T-Mobile court date set for merger hearing

For those of you that had high hopes for the AT&T and T-Mobile merger, U.S. District Judge Ellen Huvelle set the non-jury trial for February 13th, 2012. A compromise between AT&T's requested date for January 16th, and the government's requested date of March 19th. Though Judge Huvelle had set aside 6 months for the trial, lawyers from both AT&T and the Department of Justice believe that the trial will be settled short of the allotted time.

AT&T claims you can keep your T-Mobile plan and rate after merger

If you are one of the many users over on T-Mobile that have been wondering what will happen during and after this AT&T-Mobile merger goes though (if it does), AT&T and T-Mobile have outlined a few more details to put users at ease. AT&T is now saying users will be able to keep their current rate and plan after the merger goes through, even after your contract expires from T-Mobile. This is great news for many of the long time T-Mo customers with amazing grandfathered-in plans like myself.
1 2 3 4 5 6