Semiconductor vendor Broadcom has announced it will acquire NetLogic Microsystems for around $3.7 billion. While Broadcom specialises in creating solutions for wired and wireless communications, NetLogic creates high performance intelligent semiconductor solutions for next generation networks.
Deutsche Telekom and Orange, the joint shareholders of EE, have confirmed initial discussions with BT over a possible sale of the UK mobile operator. In a statement the German and French giants said they are exploring the possibility as part of their regular market assessment to evaluate different strategic options.
The process of consolidation following the acquisition of E-Plus by Telefónica has begun with the announcement of a non-binding “Letter of Intent” between Telefónica Germany and German MVNO Drillisch for the latter to buy yourphone, which is currently a sub-brand of E-Plus.
While Google’s acquisition of Motorola’s handset business brings potentially rich rewards in terms of intellectual property, the search firm must be careful to keep its new employees at a respectable distance, industry analysts have warned.
Software giant Microsoft is set to announce the acquisition of VoIP company Skype in an all cash deal said to be worth $8.5bn. Such a move would give Microsoft a greater presence with internet telephony and video calling capabilities.
Nationwide US carrier AT&T has announced that it is to buy wireless assets from Verizon Wireless — including licences, network assets and 1.5 million subscribers — for $2.35bn in cash.