Report: Apple Considering ARM Purchase for $8 Billion
According to a report by the London Evening Standard, Apple is considering the purchase of the Cambridge UK based Advanced RISC Machines Ltd. for $8 billion. Such a move is not outside of the realm of possibility for the company as it formed the chip manufacturer in 1990 as a joint venture with Acorn Computers […]
Sprint to Buy iPCS for $426 Million, Ends Litigation and Pending iDEN Divestiture
Sprint has announced that it will be purchasing the largest remaining affiliate in iPCS for $426 million in cash, effectively ending years worth of litigation and a planned divestiture of iDEN assests as the result of a legal decision earlier this year. iPCS provided cellular service under the Sprint brand name as a result of […]
Sprint to Purchase Virgin Mobile USA
In a press release this morning, Sprint has announced that it will purchase publicly traded MVNO Virgin Mobile USA for $483 million factoring in the value of Sprint’s 13.1% ownership stake along with completely retiring Virgin Mobile’s current debt load of $248 million with a further reduction to $205 million on September 30th. Sprint will […]
Qualcomm Purchases ATI Mobile Graphics Division from AMD
Qualcomm has announced in a press release that it has purchased AMD’s former mobile graphics chipset division and assets for $64 million in cash with the intention to hire most, if not all of the staff involved in the former division as Qualcomm employees. The former ATI mobile graphics division was responsible for developing the […]
AT&T Allows Online Purchase and Home Activation of iPhone 3G
Following months of of speculation, AT&T and Apple have begun offering the iPhone 3G online with home activation options, albeit with the caveats that the phone must be activated within three days of receipt in order to avoid being charged for the full cost of the device, and the service only applies to new accounts […]
FCC Approves Verizon/Alltel Purchase and Sprint/Clearwire Mergers
The FCC has officially approved the pending Verizon Wireless purchase of Alltel LLC as well as the merger of Sprint XOHM and Clearwire Inc. With these two mergers completed after months of regulatory screening by federal regulators, both companies can commence the process to consolidate respective operations and streamline infrastructure. The approval did not come […]
Microsoft Completes Danger Purchase, Forms New Internal Group
In a press release today, Microsoft has announced that it has completed the acquisition of Danger, the company responsible for the Hiptop platform of a tightly integrated software operating system and backend solution for communications seen on the Sidekick/Hiptop line of devices, and has formed a new working group around the former company in order […]