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Google has officially closed its acquisition of Motorola Mobility for $12.5 billion. This could transform the search engine giant from a software player to a maker of hardware: smartphones, tablet PCs and even set-top boxes. More importantly for Google is gaining control of Motorola’s patent portfolio, which could help it fend off lawsuits from rivals such as Apple and Microsoft.
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Five major cable service providers in the United States are teaming up to allow their high-speed Internet customers access each other’s metro WiFi networks. The five are Bright House Networks, Cablevision, Comcast, Cox Communications and Time Warner Cable. The agreement will create a chain of more than 50,000 hotspots.
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Yahoo will sell half its stake in Chinese e-commerce heavyweight Alibaba back to the company for about $7.1 billion, setting in motion a deal that will send cash toward Yahoo shareholders. The deal will take place in multiple stages. First, Alibaba will purchase about 20 percent of Yahoo’s stake in the company.
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Nvidia and Intellectual Ventures have partnered to buy a set of patents developed and owned by IPWireless. The patent portfolio comprises approximately 500 wireless patents, including in such areas as LTE, LTE-Advanced and 3G/4G technologies. The acquisition is viewed as another sign that the company is getting more serious about diversifying beyond its gamer-friendly graphics cards.
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Deutsche Telekom is rumored to be pursuing a merger between T-Mobile and MetroPCS Communications. How the merger may be executed appears to be a moving target at the moment. It could take the form of a stock-swap, giving Deutsche Telekom control of the combined entity, or it could be an initial public offering. Deutsche Telekom reportedly is considering an outright sale of T-Mobile as well.
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