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Tag: merger

AT&T withdrawing merger application with the FCC while pursuing win with the Justice Department

AT&T apparently believes its idea to merge with T-Mobile is headed for trouble, and today the telecommunication giant announced it has withdrawn its joint application for FCC approval ahead of what was going to be a US $39 billion dollar deal. The two companies say they are going to focus...

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U.S. looks to block AT&T, T-Mobile merger (Updated)

Both the New York Times and the Associated Press are reporting that the Justice Department is suing to halt the proposed merger of AT&T and T-Mobile, citing serious competitive issues with the US $39 billion deal. The complaint says "AT&T's elimination of T-Mobile as an independent,...

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EA buying PopCap Games for $750 million

Whispers about this started a little while ago, but it appears the rumors are true: EA is acquiring casual game developer PopCap Games for $650 million cash plus another $100 million in stock and incentives. That's a huge deal, and surprisingly cheap, given that PopCap's value has been...

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Garmin acquiring rival Navigon, we hold our breath to see what it means

One of the most popular sellers of navigation and smartphone GPS software is buying one of its strongest competitors. Garmin has announced today it has signed an agreement with Navigon AG to acquire the privately held company. "This acquisition is a great complement to Garmin's existing...

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Is it possible? AT&T drops lower in customer satisfaction survey

It's a bit of a surprise. AT&T has dropped below Sprint in consumer ratings, at least according to the American Customer Satisfaction Index, as reported by the Associated Press. Both T-Mobile and AT&T are ranked at the bottom, which makes you wonder about the wisdom of the announced sale...

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EA buys Firemint, makers of Flight Control and Real Racing

Here's yet another big iOS developer picked up by a traditional gaming giant: EA has acquired Firemint, the maker of iOS hits Flight Control and the Real Racing series. This is a pretty big purchase, but not a big surprise; Firemint has done work for EA in the past, including a few ports of...

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AT&T filing shows that smartphone data is facing huge growth

AT&T has submitted a document to the FCC in the process of trying to get that T-Mobile merger approved, and it reveals that AT&T was overwhelmed by the amount of smartphone data traffic it had to push through with the arrival of the iPhone. 2010 saw an 8000% jump in data rates over...

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AT&T CEO promises improved service from T-Mobile deal

Businessweek had a chat recently with AT&T CEO Randall Stephenson, and he told them that the pending merger with T-Mobile would have the intended effect of improving service and capacity on the networks for all of AT&T's devices, including, of course, the iPhone. "Virtually on the day...

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Report: FCC official doubts AT&T + T-Mobile deal will sail through

An unnamed FCC official told the Wall Street Journal this week that "there's no way the chairman's office rubber-stamps" the recently announced merger between AT&T and T-Mobile USA. The official didn't go into further details, but said that the organization hadn't even begun preliminary...

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T-Mobile says no iPhone

T-Mobile posted a quick FAQ on its website regarding the recently announced merger with AT&T. The biggest question for Apple fans on T-Mobile is whether the AT&T iPhone will be available to current T-Mobile customers. Unfortunately, the answer is a resounding "No." Under the acquisition...

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Deal documents show Ngmoco's 50 million downloads, $10m losses in 2009

Stuart Dredge of MobileEntertainment did some digging into the paperwork behind the Ngmoco sale, and came back with some interesting figures about the company's financials. Turns out that rumored $403 million purchase price is true -- kind of. The deal includes a $100 million bonus, if Ngmoco keeps...

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Tapulous acquired by Disney

Disney has bought Tapulous outright, according to Techcrunch. The iPhone gaming company was one of the first on the App Store, and has been extremely successful with its Tap Tap Radiation and Tap Tap Revenge music titles. There's no word yet on how much money was involved in the deal, but Disney...

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NVIDIA is happy about AMD + ATI merger

FiringSquad, a site covering all things gaming, interviewed Derek Perez, the Director of Public Relations for NVIDIA (ATI's largest competitor), about yesterday's news of the AMD and ATI merger. Mr. Perez looks at the merger as a boost to their own business, excited that NVIDIA will be the only GPU...

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AMD acquires ATI for $5.4 billion

AMD, the #2 CPU maker in the world, has announced a purchase of ATI, a leading graphics card manufacturer, for $5.4 billion. IMG has more details on the buyout and the business end of things, but we're more interested in finding out what exactly this means for the Mac market. ATI currently supplies...

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Adobe sets us straight: GoLive and Freehand are not going anywhere (yet)

Remember that post we had yesterday (ok, fine: I wrote it) that Adobe was giving pink slips to GoLive and Freehand? As it turns out, that might not exactly have been true. Macworld reported last night that a true-blue Adobe rep laid it out on the table: "Adobe plans to continue to support GoLive and...

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