Microsoft-Nokia deal to close next month

Microsoft-Nokia deal to close next month

The Microsoft-Nokia deal is expected to close next month, Nokia has announced. As previously communicated, the closing of the transaction — whereby Nokia will sell substantially all of its Devices & Services business and license its patents to Microsoft — is subject to regulatory approvals and other customary closing conditions. The two companies have already…

Lenovo acquires Unwired Planet’s mobile patents

Lenovo acquires Unwired Planet's mobile patents

Lenovo is in the mobile game for the long run. The Chinese firm has recently acquired Motorola from Google, and has gotten a number of patents (or licenses) as part of the deal. That, however, isn’t enough for one of the world’s top phone makers. So they’re acquiring Unwired Planet’s mobile patent portfolio that includes…

Flipboard acquires Zite from CNN

Flipboard acquires Zite from CNN

It was back in August of 2011 when CNN acquired Canada-based Zite, developer of the same-named personalized news reader app. The news network apparently couldn’t monetize on its new venture and is now selling it to the competing service – Flipboard. Here’s what Flipboard said in a blog post announcing the acquisition: We acquired Zite…

Facebook buys WhatsApp for $19 billion!!!

Facebook buys WhatsApp for $19 billion

I was wondering how in the world WhatsApp will ever make some serious money despite offering great service. Now we all know. They just made a ton of cash and then some. Facebook acquired these guys for the record-breaking $19 billion! That’s an impressive amount of money for any company, let along the one that’s…

Rakuten acquires Viber in a deal worth $900 million!

Rakuten acquires Viber in a deal worth $900 million!

Japan-based Rakuten is acquiring Viber, a pioneering messaging and VoIP company, for a total consideration of $900 million. In the official press release, Rakuten says that Viber’s rapidly growing global user base of 300 million registered users perfectly complements Rakuten’s strategy in the digital space. As Rakuten aims to become the world’s No.1 Internet services…

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