News

• Dish Network launches $25.5 billion bid for Sprint Nextel

  Dish Network has made a US$25.5 billion bid to acquire wireless operator Sprint Nextel, hoping to edge out a rival bid from Japanese operator SoftBank.

• Arris cleared by DOJ to acquire Motorola's set-top box business

  Arris Group has received clearance from the U.S. Department of Justice for its proposed acquisition of the Motorola Home business.

• MetroPCS gives shareholders more time to consider T-Mobile bid

  MetroPCS has pushed back a hotly anticipated shareholder meeting that will decide the fate of the carrier's proposed merger with T-Mobile USA.

• LinkedIn to buy Pulse, maker of mobile news reader app

  LinkedIn, the world's largest professional networking site, continues to beef up its content publishing platform with its agreement to acquire Pulse, which makes a mobile news aggregation, reader and content distribution application.

• Report: Deutsche Telekom OKs richer T-Mobile bid for MetroPCS

  A sweeter offer for the merger of T-Mobile USA and MetroPCS reportedly has been approved by T-Mobile parent company Deutsche Telekom.

• Tata to acquire French IT services company Alti

  Tata Consultancy Services is to acquire French IT services company Alti in a bid to increase its presence in the European market.

• Microsoft sells IPTV platform to Ericsson

  Microsoft has sold its Mediaroom IPTV platform to Ericsson in order to solely focus on the Xbox. For Ericsson, the deal will make it the largest provider of "IPTV and multi-screen solutions," it said on Monday.

• Cisco plans to buy UK femtocell maker Ubiquisys

  Cisco is planning to buy femtocell maker Ubiquisys for US$310 million in cash and retention-based incentives, the company announced on Wednesday.

• Amazon to acquire Goodreads book recommendation site

  Amazon.com will acquire Goodreads, a website that recommends books.

• Amazon to acquire Goodreads book recommendation site

  Amazon.com will acquire Goodreads, a website that recommends books.

• Former CIO at Foundry Networks charged with insider trading

  A former CIO and vice president at networking hardware vendor Foundry Networks has been charged with insider trading in conjunction with the company's acquisition in 2008 by Brocade Communications Systems, the U.S. Department of Justice said.

• Dell could be unstable if an alternative bid is accepted, analysts say

  A long battle looms as bids are evaluated to take over Dell, but analysts are warning customers of operational instability if an alternative proposal to acquire the company is accepted.

• Apple leverages Wi-Fi location with latest acquisition

  Apple has bought a small software startup that lets smartphones and tablets pinpoint their location indoors using nearby Wi-Fi signals.

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  Oracle buying Tekelec for network signaling software

  Oracle is filling out its product stack for communications with the acquisition of Tekelec, which provides network signaling, policy control and subscriber data management software for mobile data networks. Terms of the deal, which is expected to close in the first half of this year, were not disclosed.

• Dell confirms bids from Blackstone, Icahn group

  Dell has received two counter-offers related to its plans to go private, with rival bids coming in from private equity fund manager Blackstone and entities associated with investor Carl Icahn.