Former Atari Interactive CEO Frédéric Chesnais has decided to take a 25.23% stake in the company in a bid to save it from bankruptcy, Atari announced on Tuesday.
Hailo, the U.K.-based developer of taxi-hailing mobile apps, has landed fresh investment from KDDI, one of Japan's largest mobile operators.
AT&T will buy mobile spectrum in the 700MHz band from Verizon Communications for US$1.9 billion, AT&T said Friday.
Virtualization software provider VMware has invested US$30 million in Puppet Labs, which makes a widely used, open-source operations management software package called Puppet.
Japan's Softbank has sold off a large portion of a local carrier it acquired just weeks ago, as it looked to assuage fears over its expanded control of Japan's wireless spectrum.
Cisco Systems and NXP Semiconductors have both invested in connected car equipment vendor Cohda Wireless, as they look to make the Internet of things a reality and take a piece of a quickly growing market.
A number of signs suggest that next year will see a surge in tech companies selling off assets and product lines for both financial and strategic reasons, according to a recent report by consulting firm PricewaterhouseCoopers.
Taiwanese manufacturing giant Foxconn Electronics said it could integrate more camera features into its devices after making a US$200 million investment in a U.S. company that makes cameras for action sports enthusiasts.
In-Q-Tel, the technology investment arm of the U.S. Central Intelligence Agency (CIA), will invest in Tyfone, a small developer of mobile banking, identity management and near-field communication systems.
Japanese chip giant Renesas is seeking a US$1.8 billion capital injection to invest in new manufacturing techniques. The world's largest microcontroller manufacturer, its products find their way into game consoles from Microsoft and Nintendo, and int...
Qualcomm has agreed to invest up to US$120 million in struggling Japanese firm Sharp, with the two companies to work together to develop low-power displays for mobile devices.
Some 20 startups have inked commercial deals with SAP that will see them run production applications with the HANA in-memory database on Amazon Web Services, SAP announced Thursday during the Tech Ed and Sapphire conferences in Madrid.
IBM is offering US$4 billion in new credit to customers through its partner channel, and has also developed a new mobile application to help them get financing quickly, the company announced Thursday.
Japan's Sharp is seeking an investment from U.S. chip giant Intel and other companies.
Intel is in final negotiations to invest up to $us500 million in struggling Sharp of Japan, Kyodo News agency reported Tuesday.
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