Government panel the Committee on Foreign Investment in the United States (CFIUS) has given its approval for Japanese mobile carrier SoftBank to acquire a majority stake in Sprint Nextel in a US$20 billion deal.
Intel has confirmed that it has signed a definitive agreement to acquire certain assets of the Global Navigation Satellite System business of ST-Ericsson, extending its investments in positioning technology.
Yahoo has acquired PlayerScale, a startup developer of infrastructure software for cross-platform gaming, adding to its string of recent acquisitions.
SoftBank has received all the necessary state approvals for the Japanese mobile carrier to acquire a majority stake in Sprint Nextel for US$20 billion, the companies announced.
Adobe has acquired Thumb Labs, a small mobile app agency, as part of its broader push to give its new cloud-enabled software offerings a more social flavor.
The U.S. government is in negotiations with SoftBank for greater control over equipment purchases by Sprint Nextel and the selection of one of the Japanese company's nominee to the U.S. carrier's board, according to a news report.
Sprint Nextel has increased its offer to buy out Clearwire, bidding US$3.40 per share, to counter a competing offer by Dish Network.
Sprint Nextel said it had received permission from SoftBank to negotiate a rival acquisition offer from Dish Network.
After a weekend chock full of rumors and speculation, Yahoo has announced it plans to acquire Tumblr, the popular social service that hosts more than 105 million GIF-filled blogs, for $US1.1 billion in cash.
Yahoo's board of directors has approved spending $US1.1 billion in cash to buy popular blogging site Tumblr, according to The Wall Street Journal.
Yahoo has called a mystery press event in New York City on Monday afternoon, hot on the heels of rumors that it plans to buy Tumblr for US$1 billion.
Dell reported another quarter of declining profits and revenue Thursday as CEO Michael Dell continues his fight to take the company private.
A plan proposed by Carl Icahn and Southeastern Asset Management last week as an alternative to Michael Dell's proposal to take his namesake company private would leave it short of cash, Dell's board warned the bidders on Monday.
Yahoo has acquired a mobile gaming company, Loki Studios, taking its total acquisitions this month to four.
Increasing confidence in the economy and a rising stock market could lay the groundwork for a revival in tech-sector mergers and acquisitions as companies embrace cloud technology and pursue game-changing software, particularly for the mobile market.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.