Openwave Acquires Magic4
May 12, 2004, 9:54 AM by (staff)
Openwave this week announced that it has signed an agreement to acquire Magic4. Both companies provide software that is integrated into all types of mobile phones, with Openwave a leader in the browser space, and Magic4 a leader in MMS software. Openwave plans to integrate Magic4 into its client software operation. The total purchase price is approximately $82.6 million.
Qualcomm Reaches Deal To Acquire NXP
Qualcomm today announced a deal to acquire NXP Semiconductors for $47 billion. NXP is a co-inventor and key patent holder of NFC technology.
Nokia to Buy Alcatel-Lucent, Mulling Options for HERE Maps
Nokia today said it has agreed to acquire Alcatel-Lucent for $16.6 billion. The combined companies would be a giant in the telecom equipment space with more than 100,000 employees.
BlackBerry and Cisco Forge Patent Cross-Licensing Pact
BlackBerry and Cisco today announced that they have signed a long-term patent cross-licensing agreement. The agreement applies to a number of products and technologies, though the companies didn't specify which ones.
Following Pebble Acquisition, FitBit Buys Vector
Vector Watch today said it has been acquired by wearable market leader FitBit. Vector, based in Romania, made several smartwatches that rely on e-paper displays and boast 30-day battery life.
Opera to Sell Browser Business to Chinese Firms for $600M
Opera Software today scrapped plans to sell its entire business to a consortium of Chinese companies and will instead sell to them its consumer browser business. The original deal, valued at $1.2 billion, would have seen a handful of China-based investment firms take over all of Opera's businesses.