TiVo just dropped $135 million to purchase cloud-based content discovery and recommendation engine Digitalsmiths. The company currently has deals with seven pay-TV providers in the U.S., including Time Warner Cable and Zeebox, and reaches about 64 percent of pay-TV households.
Sprint has moved a step closer to making an offer for T-Mobile US, according to a new report. The Wall Street Journal, which cited unidentified sources close to the matter, reported that at least two banks have provided Sprint with proposals for financing a takeover of T-Mobile.
Sonus Networks, a provider of session initiation protocol (SIP) and session border control (SBC) technology, is paying $30 million to acquire Performance Technologies in a quest to gain Diameter signaling capabilities and advance its mobility and virtualization strategies.
How crazy is Intel to expect someone to pay $500 million for OnCue? The price tag, reported this week by Bloomberg, seems high. Though Intel's would-be over-the-top pay-TV service has been in closed trials with some Intel employees, it never launched commercially and has no subscribers.
Intel is reportedly asking $500 million for the technology behind its planned-but-never-launched over-the-top TV service called OnCue, according to a report in Bloomberg.
Valley Telecom made its initial payment of about $3.54 million for Alvarion, in accordance with a court-approved agreement to buy the former WiMAX gear maker out of receivership. The payment marked Valley's assumption of management and financing of Alvarion's operations.
The "new Nokia" that will be left after Microsoft takes over the iconic handset maker's devices and services unit will be an infrastructure vendor and patent licensor with a growing presence in the cloud and network virtualization.
Rakuten, a Japanese retailer, acquired the online video and subtitling site Viki for about $200 million, according to AllThingsD.
Valley Telecom sweetened its deal for Alvarion, agreeing to pay more for the struggling company and assume ownership of its patent portfolio.
Alvarion's court-appointed receiver asked the District Court of Tel Aviv-Yaffo to approve the company's acquisition by Valley Telecom for $1.5 million plus milestone payments of at least $1.8 million payable within one year.