Dominant chipmaker Qualcomm may need to take some radical steps to stay ahead of the direct competition presented by the $37 billion acquisition of Broadcom by Avago, analysts said Thursday. That could mean putting together some innovative partnerships, or even divesting itself of certain parts of its business.
With their $49 billion merger agreement passing its one-year anniversary and still bogged down in an interminable regulatory review process, AT&T and DirecTV sent a memo to the FCC this week, pushing back on proposed deal conditions suggested by rivals including Dish Network and Cogent Communications.
Apple has acquired augmented-reality firm Metaio, a Munich, Germany-based company that was the winner of a 2012 FierceWireless Fierce 15 award. According to The Wall Street Journal, Apple has had a small team exploring augmented-reality technology for a while. In addition, Senior Research Analyst Gene Munster has said that Apple could help develop AR products for consumers.
The global chipmaking business continued to consolidate Thursday morning, with Singapore's Avago Technologies confirming its $37 billion purchase of Broadcom, a leading supplier of silicon device parts to cable, wireless and other telecom sectors.
With better-than-expected quarterly results, an announcement that it's acquired middleware provider Cubiware, and rumors increasing that TiVo is working out a way to provide a linear OTT service using the tech it acquired from defunct Aereo, analysts are looking on the DVR maker with a more favorable eye.
Charter Communications has officially announced a deal to purchase Time Warner Cable, agreeing to acquire the No. 2 cable operator for $56.7 billion in cash and stock. The deal values TWC at $78.7 billion and comes just 32 days after Comcast walked away from its own $45.2 billion agreement to purchase the company.
Altice SA's lightning-quick entry into the U.S. cable market continued through Wednesday morning, with reports swirling that billionaire Patrick Drahi's French telecom group is already in talks to buy Time Warner Cable.
Injecting a new element of complexity to a cable M&A wave that had been primarily focused on Charter Communications and Time Warner Cable, French telecom group Altice SA announced intentions to pay $9.1 billion for a controlling interest in Suddenlink Communications.
Charter Communications and Bright House Networks have agreed to go through with a $10.4 billion merger plan originally announced in late-March. The two companies announced Monday that they have extended a 30-day window to renegotiate terms.
Verizon Communications said it will purchase AOL for $50 per share, or approximately $4.4 billion. The acquisition will give Verizon a jump-start in the online advertising and video market by giving the telecom heavyweight access to AOL's technology and video content.