Deals

Adoption of cloud technology at the federal level is still far from routine -- but cloud transactions continue to emerge on a regular basis. The deals range in value, demonstrating that cloud migration can be applied for relatively small deployments or for huge networks. In the latest major deal, HP...

Priceline is picking up the travel search engine Kayak for $1.8 billion in a deal expected to broaden its mobile offerings and help it fend off unwelcome competition from new entrants to the online travel space. Kayak allows consumers to shop and compare prices on multiple travel sites, earning a re...

EMC has announced it is acquiring Silver Tail Systems, a provider of real-time Web session intelligence and behavioral analysis. When the acquisition is closed, which is expected in the fourth quarter, Silver Tail will be part of EMC's security division, tasked with extending RSA's enterprise securi...

With recent news of Softbank's proposed $20.1 billion investment hovering in the background, Sprint Nextel has reported less-than-pretty earnings for the third quarter 2012. The carrier posted a net loss of $767 million, compared with a net loss of $301 million in the third quarter of 2011. It also ...

Amazon is reportedly in talks to buy the mobile chip division of Texas Instruments in a move that could push the online retailer further into the hardware business. The reports fit in with Texas Instruments' announcement last month that it would shift the focus of its chip business away from mobile ...

Softbank has agreed to pay $20.1 billion to acquire a 70 percent stake in Sprint Nextel, the companies announced Monday. The deal will be the largest outbound acquisition by a Japan-based company since at least 2000, assuming it goes through. It is seen as a way for Softbank to grow overseas as its...

It's official. Sprint Nextel and Softbank are getting together. If the deal is approved, Softbank will own 70 percent of Sprint Nextel. That means this is not really an acquisition. Rather it is an investment. However, as a majority owner you can expect Softbank to steer the Sprint ship. This is gre...

Sprint Nextel confirmed on Thursday that it was in talks with Softbank of Japan, giving credence to rumors circulating in the press. The deal would likely give Sprint a boost and help the struggling company finance its ongoing turnaround efforts. Sprint is currently the third largest mobile carrier ...

What's next for Sprint Nextel? It has been pondering its future for years and that is its problem. It doesn't seem to realize it has to take the next step and act. Pondering is good. You want to make sure you don't make mistakes. However acting is the next step to realize your dreams, and Sprint d...

T-Mobile announced that it will acquire rival carrier MetroPCS to create a larger company. The deal is expected to close in the first half of 2013, following shareholder and regulatory approvals. Until then, T-Mobile and MetroPCS will continue to operate as separate companies. When the deal is close...

Crown Castle International is acquiring rights to operate 7,200 of T-Mobile's cellular towers in a $2.4 billion deal that will give the carrier's owner, Deutsche Telekom, cash to expand its 4G LTE network in the U.S. The deal will allow Crown Castle to operate T-Mobile's towers for 28 years. Both co...

On Monday, news that Google had purchased Nik Software triggered speculation that the Internet giant was following in Facebook's footsteps. Nik is the maker of the Snapseed photo editing app. Facebook in April purchased Snapseed competitor Instagram for $1 billion, and Monday's announcement was seen...

EarthLink and Clearwire announced a new partnership Monday that will enable EarthLink to resell mobile broadband service on Clearwire's 4G network. The new service should begin by early 2013, and will focus on in-home consumer use. Later, EarthLink said it might include more offerings including broa...

Many U.S. government agencies seeking to utilize cloud-based information technology have tilted to one of the most common IT functions as a beginning step -- email systems. Converting existing email operations to cloud-based platforms became much easier for all federal agencies on Aug. 30, when GSA ...

Hachette Book Group, HarperCollins Publishers and Simon & Schuster have agreed to pay a total of more than $69 million to consumers to resolve antitrust claims of alleged unlawful conspiracy to fix the prices of electronic books. The three companies further agreed to change the way their e-books...