Tag: buyout
Google to slash 4,000 Motorola jobs, focus on high-end smartphones
Google are preparing to cut 20% of Motorola staff following the finalised buyout of the mobile company back in May. When Google first announced it was to be purchasing Motorola back in August, many assumed it would be to take…
Sony to buy Ericsson out of mobile joint venture?
Sony are said to be nearing a deal which would see them buy out their mobile phone partners Ericsson for over $1 billion. The 50:50 joint venture that led to the Sony Ericsson brand ten years ago would come to…
Google buy Motorola Mobility: How fighting the patent war could damage Android
Google, in something of a shock move, revealed today that they had bought Motorola Mobility, manufacturer Motorola's mobile arm, for a reported $12.5 billion. For years Google have been rumoured to be entering the hardware manufacturing game, testing the…
Google buys Motorola Mobility in $12.5 billion deal
Here's a story we weren't expecting to see today; Google have splashed out a massive $12.5 billion to buy Motorola Mobility, the smartphone and tablet arm of Motorola. Looking to "supercharge" Android, Google now has the means to push its…
Facebook and Google both chasing Skype
Facebook are said to be attempting either a takeover or partnership with popular VoIP firm Skype, a new report states. Figures of as much as $4bn have been bandied about by Zuckerberg's empire, should Reuters sources "with direct knowledge of…
UPDATED: RUMOUR: Google to buy Valve?
If this story’s true, it’s massive. The Inquirer are reporting that sources close to both companies are reporting that Google is about to acquire Valve. Valve is the company behind the hugely popular and genre-defining Half-Life games, but more than that, it owns a content delivery service called Steam.
Samsung considers SanDisk: looking to grow PMP share or just trying to save money?
A recent online report, later confirmed by the company, suggests that Samsung is looking to buy SanDisk, known for its memory and music player products.
It’s not clear exactly what Samsung’s motives are, with the official statement simply stating “We are looking at various opportunities regarding SanDisk (NSDQ: SNDK), but nothing has been decided yet.”
It could be that Samsung wants to build upon its YP Series of PMPs, get a piece of the SanDisk PMP pie, or simply that it would like to pay less (or nothing at all) in ongoing licensing fees for NAND and DRAM flash chips — it currently shells out around $353.8m each year…
Yahoo! says "no" to Microsoft – thinks it's worth more than $45 billion
Yahoo! rejected Microsoft’s friendly buyout offer over the weekend, saying that MS’s $45bn offer “massively undervalues” the Yahoo! brand.
Clearly still thinking it’s 1997 and Google doesn’t exist yet, Yahoo! is apparently sticking out for $40 a share – a significant increase on Microsoft’s $31 offer. That would result in MS having to turn Bill Gates upside down and shake out another $12 billion to get the deal signed…
