Facebook in Talks to Purchase Mobile Navigation Startup

Social giant Facebook is in discussions to acquire mobile navigation service Waze, according to people familiar with the matter. The purchase price has been reported by some outlets as high as $1 billion, which would rival the amount Facebook paid last year to purchase mobile photo-sharing service Instagram. The Waze acquisition would provide Facebook with the opportunity to efficiently deliver local ads and content to its 1.1 billion users. Continue reading Facebook in Talks to Purchase Mobile Navigation Startup

Dish Network Submits $25.5 Billion Bid for Sprint Nextel

Pay TV operator Dish Network announced yesterday that it has placed a $25.5 billion bid for wireless carrier Sprint Nextel, which is presently ranked third in the U.S. behind Verizon Wireless and AT&T. Dish Network’s chairman and former CEO Charlie Ergen is hoping to bridge the gap of current wireless models by offering customers faster and more affordable television, high-speed Internet and cellphone services in a single package. Continue reading Dish Network Submits $25.5 Billion Bid for Sprint Nextel

Kodak to Sell Scanning Business to Brother for $210 Million

Eastman Kodak announced yesterday that it has entered into an agreement with Brother Industries for the proposed sale of its Document Imaging business. The deal includes a cash purchase price of approximately $210 million and about $67 million in deferred service revenue liability. If a better deal is not offered by another company, Brother will likely take control of Kodak’s scanning hardware and software products. Continue reading Kodak to Sell Scanning Business to Brother for $210 Million

AT&T to Expand 4G LTE Network with Verizon Spectrum Deal

AT&T announced it will acquire licenses for Verizon’s 700MHz spectrum, which would allow AT&T to expand its 4G LTE coverage to 42 million people across 18 states in the U.S. The carrier will spend $1.9 billion to acquire the licenses from Verizon. AT&T will also provide licenses of its AWS spectrum to Verizon in markets including Los Angeles, Fresno and Portland in order for Verizon to further deploy its own network. Continue reading AT&T to Expand 4G LTE Network with Verizon Spectrum Deal

Microsoft Enters Discussions to Help Finance Buyout of Dell

The proposed buyout of Dell has a new development as Microsoft has entered talks to acquire the computer maker. The software giant would be buying the company from public stockholders, but a deal has not been announced. “Microsoft hasn’t made a commitment to throwing its money and weight behind the possible deal, which is expected to carry a price tag of $22 billion or more,” according to the Wall Street Journal. Continue reading Microsoft Enters Discussions to Help Finance Buyout of Dell

New IDC Study: Will Microsoft Purchase Netflix and LinkedIn?

  • A study from IDC predicts that Microsoft may consider purchasing Netflix and LinkedIn next year in an effort to cash in on “the convergence of mobile computing, social networking, cloud services, and big data analytics.”
  • “Look for Microsoft to buy a content/media cloud, like Netflix, to provide a marketplace for its apps and content,” says Frank Gens, senior VP and chief analyst at IDC.
  • Gens refers to the platform built on mobile computing, cloud services, social networking, and big data analytics as the “3rd Platform.”
  • “The industry’s shift to the 3rd Platform will accelerate in 2012, forcing the industry’s leaders to make bold investments and fateful decisions,” predicts Gens. He suggests companies including Apple, Microsoft, HP, SAP, RIM and others will face “crossroads moments” next year.
  • Is Computerworld blogger Preston Gralla convinced? Not really. “Building an app store directly into Windows can serve the same purpose. If the price is right, buying Netflix might make sense. But I don’t expect the price to be right.”

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