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- Chip Manufacturer Quantace Raises $12 Million In Second Round
- Semiconductor manufacturer Quantance has raised $12 million in a second round of funding. The San Mateo, Calif.-based company develops technology that it says can improve the data speed and battery life of mobile devices using third- and fourth-generation cellular technology. It plans to use this latest cash infusion to...
- External links 2008-11-19
- Two Reasons Why Twitter Rejected Facebook's $500 Million Offer
- Last month, we learned that Twitter turned down Facebook's $500 million acquisition offer, and now two reasons are surfacing as to why. The explanations came out after The New York Times covered a Tuesday night event in San Francisco, where Twitter's CEO and co-founder Evan Williams spoke publicly about...
- External links 2008-12-04
- Report: More Job And Price Cuts On The Way For Sprint
- With not enough employees taking Sprint (NYSE: S) Nextel up on its voluntary buyout offer, the latest analyst speculation is guessing that the carrier will put up to 10 percent of its workforce out on the street after the holidays. It appears everything is on the table as Sprint...
- External links 2008-12-08
- Vodafone's Wayfinder Purchase Maps Out a Future For Mobile Applications
- Don't count the carriers out just yet. Vodafone's offer to purchase Swedish navigational software firm Wayfinder shows that operators aren't going to be turfed out of the race anytime soon to offer consumers mobile internet services in which mapping and navigation are playing an increasingly important role. Vodafone's $30...
- External links 2008-12-09
- Mobicious Hopes To Raise $5 Million In Second Round
- Needham, Mass.-based Mobicious, a mobile content company, has raised its first tranche in a sound round of funding, which they hope will balloon to $5 million. The company aggregates a wide range of mobile content from a number of suppliers, and also has a user-generated component by letting people...
- External links 2008-12-10
- Emotive Raises $6.25 Million In Second Round; Acquires Sennari Entertainment
- Mobile entertainment developer Emotive Communications has raised $6.25 million in a second round. The funding was led by Mayfield Fund while D.E. Shaw Ventures and Bertelsmann Digital Media Investments contributed. The Los Angeles-based company also announced that it has acquired mobile game developer Sennari Entertainment, which emphasizes prize-play gaming,...
- External links 2008-12-10
- JiWire Raises $11.1 Million For Wi-Fi Ad Network
- JiWire, the San Francisco-based company that started off as a Wi-Fi directory and evolved into an ad network that helps Wi-Fi hotspots generate revenue, has raised $11.1 million in new funding, reports peHUB. The company also sold another $1.53 million of warrants, which could be converted into around $3.88...
- External links 2008-12-10
- RIM To Buy Mobile Software Firm Chalk Media For $17.2 Million
- Research in Motion (NSDQ: RIMM) will buy mobile software firm Chalk Media for $23.1 million Candian dollars ($17.2 million) in cash, the companies announced today. RIM has also agreed to lend the Vancouver-based company $2.2 million Canadian dollars ($1.8 million) to provide the 10 year old tech firm with...
- External links 2008-12-11
- How the Helio Buyout Process Went: Virgin Mobile Wanted To Bring In a Retail and Financial Investor
- Virgin Mobile USA bought Helio earlier this year, for a paltry $39 million in equity and getting $50 million in investment from British parent Virgin Group and SK Telecom (NYSE: SKM). That we reported on in detail at that time. Now finally, VMUSA has filed details of how the...
- External links 2008-12-12
- Zi Rejects Nuance's Acqusition Offer?Again
- It's been a little fun watching Nuance Communications' awkward courtship with Zi Corp. This summer, Nuance offered $40.5 million to acquire Zi, a mobile ad and search firm. And, when Zi declined the offer, Burlington, Mass-based Nuance reacted by filing a patent infringement lawsuit over SMS technology. Then, in...
- External links 2008-12-12
- Sprint's Credit Is Junk, Moody's Tells Investors
- Sprint (NYSE: S) Nextel's credit rating has been downgraded to "junk" status by Moody's Investors Service, less than a week after Motorola (NYSE: MOT) got the same damaging mark from Standard & Poor's, Triangle Business Journal reports. Following a seven-month long review of Sprint, Moody's determined the carrier's subscriber...
- External links 2008-12-12
- Hands-On Mobile Lays Off Undisclosed Number Of Employees
- Hands-On Mobile, the San Francisco-based mobile game maker known for Guitar Hero and Texas Hold 'Em, confirmed today that it cut an undisclosed number of employees. CEO David White declined to say how many people were affected during the cuts, or how many employees the company will have going...
- External links 2008-12-13
- Kohlberg Kravis Roberts Approached Ex-Vodafone Chief Arun Sarin
- Arun Sarin's name is being floated again, this time for a job at private equity firm Kohlberg Kravis Roberts. Last week, reports surfaced that the ex-Vodafone (NYSE: VOD) chief executive, who left the telecoms giant in July, was being considered for the role of ceo of Yahoo (NSDQ: YHOO)....
- External links 2008-12-15
- Mobile Broadcast Firm Roundbox Raises $20 Million In Capital
- Correction: This is the third round of funding for Roundbox. The company raised $23 million in two previous rounds. The post has been edited to correct the error.Mobile broadcast firm Roundbox has raised $20 million in a third round of funding. The Florham Park, NJ-based company raised $23 million...
- External links 2008-12-15
- Investors See Opportunity In Mobile Advertising Startups Despite Softer Outlook
- Mobile advertising is hitting its stride. A year ago, ads on cellphones were pricey and considered experimental, and while they still may not be mainstream, there's some rationalization going on. Prices are dropping, inventory is increasing, and the value of placing an ad on the cellphone is better understood....
- External links 2008-12-15
- Tekelec Acquires Dutch Messaging Technology Provider mBalance
- Wireless network software provider Tekelec has acquired the privately held, Netherlands-based messaging technology developer mBalance for ?28 million ($39.5) in cash, the company announced today. Tekelec, based in Morrisville, North Carolina, will pay out another ?14 million of cash in mBalance reaches "certain order input targets" over the next...
- External links 2008-12-17
- Twitter Stock Community Stocktwits Gets Funding
- Stocktwits, which expands into twits writing about stock (a joke, guys?relax) on Twitter, has received an undisclosed amount from a panoply of NYC tech investor types. The first round was led by Roger Ehrenberg's IA Capital Partners (whose own company Monitor110 famously imploded earlier this year), and included a...
- External links 2008-12-17
- Oops. Kleiner Perkins Accidentially Publishes iFund Submissions Online
- If you or your company submitted your information to Kleiner Perkins to be considered for an investment from the VC firm's $100 million iFund, you might want to see if your information has been leaked. Names, phone numbers, email addresses, business plans and bios from 588 applicants were accidentally...
- External links 2008-12-03
- RIM Wants To Buy Encryption Software Firm Certicom For $52.5 Million
- BlackBerry-maker Research In Motion said it plans to make an offer to acquire Certicom, an encryption software firm, for $52.5 million. The move comes the day after the company lowered its profit and revenue outlook for the third quarter. While RIM accurately points out the offer represents a 76.5...
- External links 2008-12-03
- Mobile Games Firm Kiloo Raises Second Round To Launch Media Unit
- Danish mobile games publisher Kiloo has raised a "significant" undisclosed amount in its second round of funding from Danish VC Firmainvest, the company said today. The eight year-old company is using the money to launch Kiloo Media, which it calls a mobile media company. CEO Jacob Møller says the...
- External links 2008-12-02
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