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.
Motorola Solutions Acquires PTT Provider Kodiak Networks
Motorola Solutions today said it has agreed to acquire Kodiak Networks for an undisclosed sum. Motorola Solutions is the not the Lenovo-owned company behind Motorola smartphones; rather, Motorola Solutions is a separate corporation that handles first-responder and push-to-talk hardware, and wireless networking equipment.
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.