Bloomberg has learned that Mike and Maaike, the firm that helped design the first Android smartphone, the T-Mobile G1, has been acquired by Google. The move comes just as Google closed its Motorola acquisition, suggesting a deeper focus on hardware design in the future. Motorola’s new CEO, Dennis Woodside, added: “Google has always been interested in hardware. The natural next […]
Mergers and acquisitions
Google closes Motorola acquisition
Google today announced that it has closed its US$12.5 billion Motorola acquisition. The move comes after China approved the deal only days ago. As rumoured, Sanjhay Jha has stepped down as CEO with Googler Dennis Woodside taking over the role. In announcing the news, Google CEO Larry Page wrote: Motorola is a great American tech company that has driven the […]
Google’s Motorola acquisition receives Chinese regulatory approval
Google yesterday announced that it had received Chinese regulatory approval for their proposed merger. It was the last regulatory hurdle that the two companies needed before closing the acquisition. Bloomberg received confirmation from both companies with Motorola’s statement saying: “We are pleased the deal has received approval in all jurisdictions. We expect to close imminently.” China’s approval comes with the […]
Rumour: T-Mobile USA to acquire MetroPCS
The last time T-Mobile was the subject of an acquisition, it was going to be the acquiree until the deal fell apart last December. It now appears that it could be doing the acquiring this time. Citing “people familiar with the matter,” Bloomberg reports that Deutsche Telekom, T-Mobile’s parent company, is in discussion with MetroPCS about a possible merger. Such […]
Samsung planning mobile company acquisitions
Unseating Samsung as the world’s largest smartphone manufacturer will not be an easy task. And the company is moving to make it even more difficult. In an interview with The Wall Street Journal, J.K. Shin, the company’s President and Head of IT & Mobile Communications Division, revealed some new directions to keep it at the top. Samsung has recognized the […]
Oracle considered buying RIM and Palm to enter smartphone market
You can add one more to the list of suitors who were at one point interested in buying Research In Motion. At the trial between between Oracle and Google over Java patents used in Android. Oracle CEO Larry Ellison revealed that the company entertained the thought of entering the smartphone business. “I had the idea we could enter the smartphone […]
Rumour: Google to sell Motorola handset business to Huawei
The ink is not quite dry on Google’s acquisition of Motorola Mobility that a rumour suggests that Google could already be looking at selling pieces of it, including the handset division. The Wall Street Journal reports that Google may have already offered it to Huawei for a “high price.” It is apparently also interested in selling off Motorola’s cable set-top […]
Rumour: Microsoft to invest US$3.5 billion in RIM
RIM CEO Thorsten Heins recently said that the company is conducting a “comprehensive review of strategic opportunities” and that any and all options, including a complete sale, were on the table for the company as it struggles to remain relevant in the mobile device space. A rumour today suggests that one potential saviour cold be Microsoft. According to Benzinga‘s sources, […]