RIM Buys NewBay for Undisclosed Sum
Research In Motion today confirmed that it has agreed to purchase NewBay for an undisclosed sum. Ireland-based NewBay is a white-label provider of mobile content services, such as social networking, photo, and video tools, to wireless network operators. RIM indicated that the purchase will be immaterial to its financial standing, though the deal has yet to close.
Yahoo to Buy Flurry
Yahoo today announced that is has agreed to purchase Flurry for an undisclosed sum. Flurry offers mobile app developers a variety of tools to improve and monetize their applications.
Intel to Buy Lantiq to Further Internet of Things
Intel today said it has agreed to purchase Lantiq for an undisclosed sum. Lantiq, which is based in Germany, makes broadband and home connectivity equipment.
PayPal Purchases Paydiant to Improve Mobile Payments
PayPal today said it has agreed to acquire Paydiant for an undisclosed sum. Paydiant creates the underlying payment mechanisms used by apps such as Subway and Capital One so people can pay for goods and services within those applications.
Nokia Networks to Acquire Eden Rock
Nokia Networks today announced its intent to acquire Eden Rock Communications for an undisclosed sum. Eden Rock pioneered self-organizing networks (SON) technology for mobile broadband operators.