Web giant Google has agreed to acquire handset vendor Motorola Mobility for $12.5bn. “The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem,” Google said.
Networking giant Cisco is seeking to boost its service provider offering through the $31m acquisition of software developer Axioss, which specialises in network management tools.
The acquisition of Motorola Mobility by Google could be seen as the first time ever that an Internet company acquires an established hardware business. We are likely to see more acquisitions of this kind in the future, thanks to the strong investment force and cash availability of Internet giants, such as Google, Facebook or Twitter, that have the potential to absorb the most established tech businesses even beyond telecoms and media.
Shortly after the announcement that Ericsson is to acquire US firm Telcordia, Mike Hibberd spoke to Ericsson CEO Hans Vestberg about the deal. Vestberg explained what it means for his organisation, as well as the 2,600 Telcordia employees that will join the Ericsson payroll when the deal goes through.
The Serbian government is clearly not that motivated to offload its majority stake in incumbent carrier Telekom Srbija, having turned down the only offer for a second time. Sole bidder Telekom Austria had even increased its bid for the 51 per cent stake, yet on Friday the government called off the whole deal.
IP networking firm RadiSys has acquired traffic management specialist Continuous Computing, to better target opportunities in the rapidly growing 3G and 4G, femtocell and Deep Packet Inspection (DPI) sectors.
Over the weekend Nokia Siemens Networks finally closed its $975m purchase of Motorola’s network infrastructure assets. The move follows China’s approval of the deal and will see NSN take on responsibility for 50 operator customers in 52 countries, as well as 6900 ex-Motorola employees.
In what is perhaps a goodwill gesture towards the West, Chinese authorities have finally granted unconditional approval for the acquisition of Motorola’s network assets by Nokia Siemens Networks. The deal had been moving at a glacial pace since its inception in July 2010, thanks largely to the Chinese Anti-Monopoly Bureau’s (MOFCOM) reluctance to approve it.
Mega carrier Vodafone made a surprise move on Thursday, increasing its stake in the holding company behind Indian joint venture Vodafone Essar by buying out its local partner.
UAE operator Etisalat has officially called an end to its talks with Zain, despite the fact that the latter may have found a buyer for its Saudi unit.
Rene Obermann has pulled off one of the most spectacular bluffs in recent history by engineering the sale of Deutsche Telekom’s US subsidiary to AT&T, a move predicted by few, but one that will dramatically alter the structure of the US mobile industry if approved.
Years of speculation regarding T-Mobile USA’s future ended yesterday with the surprise announcement that AT&T is to buy the embattled telco for $39bn. Rumours regarding the possible sale of T-Mobile USA have been circulating for years but almost always worked on the assumption that the telco would unite with a smaller operator, such as Sprint or, more recently, Clearwire.
Shareholders in Russian operator VimpelCom have voted in favour of a $6bn merger with Wind Telecom SpA. Despite strong opposition from major shareholder Telenor, more than 53 per cent of voters supported a deal that will see the creation of the world’s 5th-largest mobile company by subscriber base.
France Telecom has finally confirmed rumours that have been circling since December, announcing plans to take a sizeable stake in Iraqi mobile operator Korek Telecom.
UAE operator Etisalat’s move to buy a large stake in Zain looks on shaky ground this week, after the Kharafi group, a major player in the transaction, said it was no longer committed to the deal.
The central competition in the high end smartphone sector in 2010 was between Apple and Android; two relative newcomers to the mobile industry. But as the year drew to a close, a pair of old sector rivals—Microsoft and Nokia—were working hard to retain their own stakes in the game.
Consolidation within the global carrier community continued in 2010, with deals large and small. For some it was growth through acquisition while for others it was safety in numbers.
Telenor and VimpelCom are still slugging it out over the Russian player’s proposed acquisition of Wind Telecom, part of Egyptian billionaire Naguib Sawiris’ Weather Investments vehicle and owner of Orascom.
US chip giant Qualcomm on Wednesday agreed to snap up Atheros Communications, a wired and wireless networking technology vendor, for a total of $3.1bn in cash.
Infrastructure vendor Nokia Siemens Networks has seen its acquisition of Motorola’s network assets delayed until the first quarter of 2011. The company is still waiting for regulatory approval from the Anti-Monopoly Bureau of the Ministry of Commerce of China, which was expected to complete its review before the end of 2010.