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All Posts Tagged Tag: ‘Acquisition’

Sprint’s Clearwire Acquisition is Complete

Last December, Sprint Nextel announced that it intended to pay $2.2 billion to fully acquire the portion of telecom company Clearwire that it did not already own. Today, Sprint announced that the transaction is finally complete. Clearwire shareholders approved the sale in a special shareholders meeting held on July 8. The sale closed on July 9, and is effective immediately. …

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Sprint-SoftBank Merger Approved by U.S. FCC

In late June, Sprint Nextel shareholders voted to approve the proposed merger of Sprint and SoftBank during a special shareholders meeting. The only hurdle left for the companies was the U.S. Federal Communications Commission (FCC), which needed to approve the transaction. On Friday, while many Americans were still enjoying an extended Fourth of July holiday, the FCC came through with …

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Sprint Shareholders Vote to Approve SoftBank Merger

Sprint Nextel shareholders today voted overwhelmingly to approve the proposed merger of Sprint and SoftBank during a special shareholders meeting. Almost 98% of the votes cast in the meeting, which represent around 80% of Sprint’s common stock, were in favor of the merger. “Today is a historic day for our company, and I want to thank our shareholders for approving …

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Sprint Ups Clearwire Acquisition to $5 Per Share

In December 2012, Sprint Nextel announced that it would acquire the 50% of Clearwire that it did not already own for $2.2 billion. Sprint would pay $2.97 per share of Cleawire, valuing the company at around $10 billion. The acquisition would provide Sprint with a boost in spectrum and help the company keep pace with T-Mobile’s recent acquisition of MetroPCS. …

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LinkedIn Reportedly Buys Pulse For More Than $50 Million

The popular newsreader Pulse brings in 20 million users a day so it stands to reason that somebody would want to acquire such an audience. The only question that remained is who would come out on top in acquisition negotiations. We now may have our answer. All Things D reports that LinkedIn will purchase Alphonso Labs, the team behind the …

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Samsung Buys NeuroLogica, a Medical Imaging Equipment Manufacturer

Samsung Electronics America this week announced that it has agreed to acquire NeuroLogica, a medical imaging equipment company. The company is most well-known for developing portable CT scanners. The price Samsung is paying for the company is unknown, as no details of the sale were disclosed. Samsung did state, however, that the acquisition is a part of the company’s expansion …

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LinkedIn Competitor Viadeo Acquires “#1 Hunting App” Pealk

Today Viadeo, a professional networking social network similar to LinkedIn, announced it has acquired Pealk, the self-styled “#1 Hunting App” for LinkedIn. Pealk was an app designed for HR and managers to cull LinkedIn profiles for potential recruits. It allowed users to sort and track recruits, similar to LinkedIn’s own paid-for headhunting service. Viadeo claims 50 million worldwide users for …

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Lenovo Acquires Cloud Computing Company Stoneware

Lenovo announced today that it has acquired cloud computing services company Stoneware Inc. Lenovo states that cloud computing solutions are now a key component of its product portfolio. The company expects the acquisition to speed along its offerings, particularly “the ability to provide secure content across multiple devices in education and government.” Stoneware is a privately held company that develops …

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HootSuite Acquires Social Management Startup Seesmic

HootSuite announced today that it has acquired Seesmic, a competitor in the social marketing management software space. Both companies develop platforms that allow people and businesses to coordinate and monitor their marketing across multiple social network platforms. “We’ve always been big fans of Ryan Holmes and the HootSuite team, since the days we were all pioneering the social media landscape.” …

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Twitter Buys App Development Tool Clutch.io

Clutch.io, a company that provides software to help iOS developers design and test their apps, announced today that it has been acquired by Twitter. On its website, the company describes itself as “an easy to integrate library for native iOS applications designed to help you develop faster and deploy instantly.” In a post on the company’s blog, Clutch announced that …

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Google Acquires Sparrow To Make Gmail Better

In Google’s earnings report yesterday, the company mentioned that they would be making smaller acquisitions throughout the year. One of those acquisitions happened today. Sparrow, developers of a popular email app for Mac and iOS, was acquired by Google today. Sparrow is already a really cool email application, so it should be interesting to see how Gmail evolves with the …

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Twitter Could be Acquiring Sense Networks

The company has given no official word on the matter, but there’s a rumor floating around that Twitter might be interested in acquiring New York-based Sense Networks. According to Tech Crunch, the two companies are hammering out the details of a possible acquisition, which could be wrapped up before the end of June. Here’s how Sense Networks describes what they …

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