Recognizing the rapidly growing interest in wearables and the Internet of Things (IoT), CEVA has agreed to pay some $19 million to acquire privately held RivieraWaves, a four-year-old company specializing in silicon and software intellectual property (IP) related to Wi-Fi and Bluetooth connectivity.
Germany's antitrust watchdog remains concerned that the proposed merger between Telefónica Deutschland and KPN-owned E-Plus would be detrimental to mobile pricing competition in the country, even though the European Commission is understood to be close to approving the deal.
Conditions imposed by the European Commission on mergers between telecoms operators in the region could limit the competitive impact of consolidation that is desired by operators, according to a new report by ratings agency Moody's.
A team of internal merger-and-acquisition wizards conjured up a succession of deals over two decades that turned Midwestern regional telco Southwestern Bell into AT&T, now the largest U.S. telecom carrier by revenue. And although this famed merger team was frustrated in its attempt to close a merger deal with T-Mobile US in 2011 after antitrust authorities stepped in, it is still chasing deals both large and small.
Nokia elevated soft-spoken yet intensely competitive Rajeev Suri to its president and CEO position, which was no surprise given his deft handling of the turnaround at the firm's network infrastructure unit, Nokia Solutions and Networks, which he has headed since 2009. Suri will assume the combined role on May 1.
Germany's telecoms regulator wants Telefónica Deutschland and E-Plus to give up some of their spectrum assets if the European Commission approves a planned €8.6 billion ($11.9 billion) acquisition of KPN's German unit, as it fears the merged entity would otherwise have a competitive advantage.
TiVo just dropped $135 million to purchase cloud-based content discovery and recommendation engine Digitalsmiths. The company currently has deals with seven pay-TV providers in the U.S., including Time Warner Cable and Zeebox, and reaches about 64 percent of pay-TV households.
Sprint has moved a step closer to making an offer for T-Mobile US, according to a new report. The Wall Street Journal, which cited unidentified sources close to the matter, reported that at least two banks have provided Sprint with proposals for financing a takeover of T-Mobile.
Sonus Networks, a provider of session initiation protocol (SIP) and session border control (SBC) technology, is paying $30 million to acquire Performance Technologies in a quest to gain Diameter signaling capabilities and advance its mobility and virtualization strategies.
How crazy is Intel to expect someone to pay $500 million for OnCue? The price tag, reported this week by Bloomberg, seems high. Though Intel's would-be over-the-top pay-TV service has been in closed trials with some Intel employees, it never launched commercially and has no subscribers.