Glu Mobile Acquires Two Developers as Game Consolidation Heats Up

Glu Mobile latches on to Griptonite Games and Blammo Games to double the capacity of its development studios.
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Rackspace Is Not for Sale, but Thanks for Asking

Rackspace is one of several companies thought to be likely acquisition targets following the buyouts of Terremark and NaviSite. Ask CEO Lanham Napier about it, and he insists the company is not for sale, but he clearly enjoys being asked.

Exclusive: Rackspace to Acquire Anso Labs

Rackspace acquires a team best known for its work building a computing cloud for NASA.

IBM Brings the Cloud to New York City

Big Blue will consolidate the data center operations of 14 agencies in the first phase of a plan the city hopes will save $100 million over five years.

With Goopon Stealing the Spotlight, Tippr Says Don't Forget About No. 3 (Or Its Patents)

Tippr CEO Martin Tobias hopes that between Google’s potential big-ticket purchase of Groupon and Amazon’s rumored investment in LivingSocial, consolidation in the group-buying space will accelerate as others scramble for a partner.

Qualcomm CEO Explains What Happened to Smartbooks

A year ago, Qualcomm CEO Paul Jacobs was talking a lot about smartbooks. Today, well, not so much. For those who have already forgotten what the smartbook even was, the idea was to have a low-cost device that looked a lot like a netbook but offered far better battery life and instant-on capabilities. Once Apple released the iPad, though, everyone started focusing on tablet devices rather than on little notebooks. “Obviously, tablets are the flavor of the day,” Jacobs said in an interview on Tuesday.

Another Video Ad Tech Buy: Undertone Snags Jambo Media

Another ad network buys its way into the video business: Expect more consolidation to come.

As BoomTown Said: Quattro Confirms Acquisition by Apple (Price: $275 Million)

While Quattro Wireless was not saying anything about price in its blog post this morning confirming our scoop–like the image?–last night that it had been acquired by Apple, sources reconfirmed the $275 million figure Boomtown reported. “It was a great company and a good price and a good time to sell, given all the change going on,” said one person with knowledge of the situation. “It is a game of size now.”
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Scripps Books Travel Channel in $975 Million Deal

It’s official: Scripps Networks Interactive has won the Travel Channel auction. In a deal that values the channel at $975 million, Scripps will acquire a majority interest in the property while current owner Cox retains a 35 percent stake. News Corp., among others, had been bidding for the channel.

Dell Should Buy Acer, Bernstein Says

There has been speculation for months now that Dell at some point will make a big acquisition. Most of the thinking has been about diversification moves. But Bernstein Research analyst Toni Sacconaghi proposes an idea that would boost Dell’s stake in the PC business: consider buying Acer.