acquisitions

News Byte

IBM Acquires Israeli Mobile Software Player Worklight

Arik Hesseldahl in News on January 31 at 1:35 pm PT

IBM said today it had reached a deal to acquire Worklight, a privately held Israeli mobile software company. Terms weren’t disclosed, but at least one report put the deal at $70 million. IBM said 75 percent of CIOs it had recently surveyed considered spending on mobile devices and software a priority.

News Byte

EU to Rule on Google, Motorola Mobility Deal on February 13

John Paczkowski in News on January 19 at 10:01 am PT

European Union regulators will soon decide whether or not to clear Google’s proposed acquisition of Motorola Mobility. After suspending its review in early December to seek more information from the companies, the European Commission has begun mulling the deal anew, and set for itself a new deadline: Feb. 13. The EC’s review of the acquisition is but one of a handful. Regulators in the U.S. and China are also assessing it.

eBay’s John Donahoe Literally Starts Hammering Out the Plan for Mobile Payments

Tricia Duryee in Commerce on January 19 at 6:00 am PT

In an interview, eBay’s CEO provides a few details about the company’s mobile payments trial with Home Depot, and how it would expand from five to 51 stores across the country over the next week.

Somebody’s Finally Interested in Buying Brocade

John Paczkowski in News on January 9 at 1:25 pm PT

Looks like Brocade is back in play. Finally.

Akamai’s Deal Streams Value for Investors

Rolfe Winkler, Reporter, The Wall Street Journal in News on December 22, 2011 at 3:14 pm PT

You don’t see deals this successful very often. Akamai is buying smaller rival Cotendo for just $268 million, about six times next year’s revenue estimates industry expert Dan Rayburn. Yet Akamai’s market cap jumped as much as $1 billion today on the news.

News Byte

Yandex Search for “Acquisition” Returns SPB Software

John Paczkowski in News on November 28, 2011 at 12:09 pm PT

Now that it has inked a deal with Microsoft to become the default search engine on Windows Phone-based handsets in Russia, Yandex is bolstering its mobile technology with an acquisition. The Russian search giant has purchased SPB Software, the mobile software outfit responsible for, among other things, Shell 3D, a popular Android home-screen replacement app. No purchase price was given, though sources put it at about $37 million.