Skyrocketing Internet data usage is driving the biggest merger and acquisition spree among telecoms and tech companies in a decade, a Wall Street Journal blog item reported.
My view is that the AWS-3 auction results will lead to some pretty important changes in the makeup of the wireless industry.
Infrastructure vendor Ericsson has been strategically moving into new areas like video and M2M through acquisitions--such as its 2013 purchase of Microsoft's Mediaroom TV solution and its 2011 purchase of Telenor Connexion's M2M platform. This M&A activity is part of a carefully crafted plan to help the company transform itself from a hardware company into a software and services firm.
Recognizing the rapidly growing interest in wearables and the Internet of Things (IoT), CEVA has agreed to pay some $19 million to acquire privately held RivieraWaves, a four-year-old company specializing in silicon and software intellectual property (IP) related to Wi-Fi and Bluetooth connectivity.
Germany's antitrust watchdog remains concerned that the proposed merger between Telefónica Deutschland and KPN-owned E-Plus would be detrimental to mobile pricing competition in the country, even though the European Commission is understood to be close to approving the deal.
Conditions imposed by the European Commission on mergers between telecoms operators in the region could limit the competitive impact of consolidation that is desired by operators, according to a new report by ratings agency Moody's.
A team of internal merger-and-acquisition wizards conjured up a succession of deals over two decades that turned Midwestern regional telco Southwestern Bell into AT&T, now the largest U.S. telecom carrier by revenue. And although this famed merger team was frustrated in its attempt to close a merger deal with T-Mobile US in 2011 after antitrust authorities stepped in, it is still chasing deals both large and small.
Nokia elevated soft-spoken yet intensely competitive Rajeev Suri to its president and CEO position, which was no surprise given his deft handling of the turnaround at the firm's network infrastructure unit, Nokia Solutions and Networks, which he has headed since 2009. Suri will assume the combined role on May 1.
Germany's telecoms regulator wants Telefónica Deutschland and E-Plus to give up some of their spectrum assets if the European Commission approves a planned €8.6 billion ($11.9 billion) acquisition of KPN's German unit, as it fears the merged entity would otherwise have a competitive advantage.
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.