Intel acquires McAfee for $7.68 billion

Well, we got our copy of McAfee Antivirus for $29, but it looks like Intel had something a little more substantial in mind. The latter has picked up the Santa Clara-based security / antivirus company for a cool $7.68 billion, which works out to $48 per share in cash. Intel informs us that it will function as a wholly owned subsidiary (under the control of its Software and Services group). This comes hot on the heels of the company’s acquisition of TI’s cable modem unit, and possibly signals a new focus on security for connected devices. “The cyber threat landscape has changed dramatically over the past few years, with millions of new threats appearing every month,” said McAfee CEO Dave DeWalt.”We believe this acquisition will result in our ability to deliver a safer, more secure and trusted Internet-enabled device experience.” This has added a wonderful new phrase to the Engadget lexicon (and possibly even a name for our new garage band): Cyber Threat Landscape. PR after the break.

Continue reading Intel acquires McAfee for $7.68 billion

Intel acquires McAfee for $7.68 billion originally appeared on Engadget on Thu, 19 Aug 2010 09:20:00 EDT. Please see our terms for use of feeds.

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Intel acquires TI’s cable modem unit, might be sneaking into your AV rack

Intel’s been trying to break into the home entertainment market for years, and while it’s made some inroads, it’s also looking at a notable list of ho hum attempts that never managed to gain traction. Take the CE3100 processor, for instance — a couple of years ago, the outfit seemed certain that this here chip would be powering every last living room box for the rest of eternity, and nowadays it’s hardly a household name. But this week, Intel has picked up Texas Instruments’ cable modem unit, which gives it a direct link into the very area it’s been trying to exploit. The goal of the acquisition — which is scheduled to close in the fourth quarter of this year — is to combine TI’s Puma product lines with DOCSIS and Intel SoCs. Once that magical marriage takes place, Chipzilla intends to push out complex set-top boxes, residential gateways and modem products, possibly even going for the OEM artery. Details beyond that are few and far betwixt, but we doubt it’ll be too long before the pickup begins to bear fruit.

Continue reading Intel acquires TI’s cable modem unit, might be sneaking into your AV rack

Intel acquires TI’s cable modem unit, might be sneaking into your AV rack originally appeared on Engadget on Tue, 17 Aug 2010 13:11:00 EDT. Please see our terms for use of feeds.

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Apple reportedly in talks to buy Chinese gaming company Handseeing

We don’t often hear from the source of an Apple acquisition target before the deal is done, but that’s just what’s happened in this case — a VP at Chinese gaming company Handseeing says that it’s in talks with Apple about an acquisition and “should have a decision in about one or two months.” What could Apple possibly want with the little known company? Your guess is as good as ours, but the company’s main product is its JGnet platform for online games — which, incidentally, is Java-based. Of course, Handseeing is the only party doing any talking at the moment, so it might be wise to wait a bit before drawing too many conclusions.

Apple reportedly in talks to buy Chinese gaming company Handseeing originally appeared on Engadget on Fri, 06 Aug 2010 12:27:00 EDT. Please see our terms for use of feeds.

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Panasonic to spend $9.4b on buying out Sanyo and PEW shares, posts robust quarterly profits

Clearly dissatisfied with what it sees in the mirror, Panasonic has today announced its decision to bulk up. A new share issue expected to raise ¥500 billion ($5.7 billion) will be enacted soon as part of raising the cash to complete the buyout of Sanyo Electric and Panasonic Electric Works. Don’t ask us why a company named Panasonic has to buy another company with Panasonic in its name, but them’s the facts. The total outlay is expected to come in at around $9.4 billion and is justified by Panasonic as fundamental to its future strategy of expanding into environmentally friendly tech and developing a three-pronged operating paradigm by 2012. The Osaka-based company is also reporting a ¥43.7b ($498 million) profit for the last quarter — a major upswing from a ¥53b loss in the same period last year — though that’s information the market seems to have ignored. Panasonic shares have plunged down 7.7% in the immediate aftermath of the acquisitions being announced, while Sanyo’s have shot up. Click past the break for the novella-sized press release explaining the details of the deal.

Continue reading Panasonic to spend $9.4b on buying out Sanyo and PEW shares, posts robust quarterly profits

Panasonic to spend $9.4b on buying out Sanyo and PEW shares, posts robust quarterly profits originally appeared on Engadget on Thu, 29 Jul 2010 06:44:00 EDT. Please see our terms for use of feeds.

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Nokia Siemens picks up Motorola network infrastructure division for $1.2 billion

Nokia Siemens has just announced that it will be purchasing Motorola’s wireless network infrastructure for a cool $1.2 billion in cash. This comes on the heels of an announcement by Moto that it would be splitting the company in two, one for Mobile Devices and one for Broadband and Mobility Solutions. It’s clearly the company’s strong showing in both WiMAX and CDMA that Nokia Siemens is after, although The New York Times points out that integrating the 7,500-strong staff, manufacturing, supply lines, and multiple product lines will be quite a challenge. The deal will hopefully be finalized by the end of the year. PR after the break.

Continue reading Nokia Siemens picks up Motorola network infrastructure division for $1.2 billion

Nokia Siemens picks up Motorola network infrastructure division for $1.2 billion originally appeared on Engadget on Mon, 19 Jul 2010 12:27:00 EDT. Please see our terms for use of feeds.

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Apple, RIM, Google all bid on Palm?

We’re having a hell of a time believing this, but BusinessInsider’s Dan Frommer is citing “a source familiar with the negotiations” as saying that RIM, Google, and Apple — yes, Apple — were all in the mix for Palm at one point or another as the bidding war went on earlier this year. We all know how that story ended up playing out, but prior to HP’s winning bid, RIM allegedly made a generous offer and could’ve ultimately come away with the prize had it not failed to re-up the bid (and may have even reduced it, looking at Palm’s SEC filings) after HP made its move. For its part, Google apparently made some not-too-serious moves, primarily in a perceived head game with Apple.

Speaking of Apple, the company was said to be in it primarily for Palm’s sizable patent portfolio — but is claimed to have also been interested in keeping the platform alive, possibly in an effort to compete in the physical QWERTY market where the iPhone has not. Of course, if you look way back, it’s important to remember that Mac OS X itself is based on outside work (if you consider NeXT “outside”), so we guess that keeping webOS alive in some capacity after an Apple acquisition wouldn’t be totally unprecedented — but it’d still be really, really weird at best.

Apple, RIM, Google all bid on Palm? originally appeared on Engadget on Thu, 15 Jul 2010 16:46:00 EDT. Please see our terms for use of feeds.

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Sprint’s Hesse: there’s ‘logic’ to a T-Mobile merger — if they both move to LTE

Sprint’s riffed about the possibility of migrating to LTE in the past — as has its 4G partner, Clearwire — so it’s no big surprise to hear CEO Dan Hesse tell the Financial Times today that he’s still open to the idea down the road, possibly side-by-side with the company’s existing WiMAX deployment thanks to its deep spectrum holdings. What’s far more interesting, though, is his concession that there’s “logic” to exploring a merger with T-Mobile USA in the event that they both move to LTE for their next-gen networks. For its part, T-Mobile hasn’t announced its 4G plans yet, but it’s an open secret than Deutsche Telekom has explored the idea of selling off its US outpost in the past. Combined, it seems that Sprint and T-Mobile — neither of whom have the firepower to compete with giants AT&T or Verizon on every level — would create a strong third-place carrier capable of nipping at their heels. FT says that the idea of a Sprint deal was rejected back in 2008 on grounds that the two have incompatible networks, so who knows… if that restriction were removed, there might yet be love in the air.

Sprint’s Hesse: there’s ‘logic’ to a T-Mobile merger — if they both move to LTE originally appeared on Engadget on Tue, 13 Jul 2010 10:46:00 EDT. Please see our terms for use of feeds.

Permalink GSMA Mobile Business Briefing  |  sourceFinancial Times  | Email this | Comments

Twidroid acquired by TweetUp, soon to be bundled with new Android phones as Twidroyd

Remember our old friend Twidroid? You know, the app that came out as cream of the crop in our little Android Twitter client round-up? Things are about to get interesting again — following today’s acquisition of said app, SEO firm TweetUp has renamed its latest trophy to Twidroyd to avoid upsetting a certain Mr. Lucas. The bigger news, though, is that we’re told this action-packed app will be preloaded “on millions of upcoming Android phones from five of the leading handset manufacturers.” That’s a pretty bold statement to make, especially considering it wasn’t long ago when Twitter Inc. pushed out its own Android client, but we’ll happily accept this freebie anyway.

Continue reading Twidroid acquired by TweetUp, soon to be bundled with new Android phones as Twidroyd

Twidroid acquired by TweetUp, soon to be bundled with new Android phones as Twidroyd originally appeared on Engadget on Tue, 06 Jul 2010 08:09:00 EDT. Please see our terms for use of feeds.

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Google acquires ITA for $700m, dives headfirst into airline ticket search

Look out, Kayak / Bing Travel — you both are about to have your respective worlds rocked. While Google has managed to stay on top (or close to the top) when it comes to almost everything search related, the company has curiously allowed smaller niche brands to handle the travel side. Even amongst the hardcore Googlers, avid flyers typically head to a place like Kayak to weigh their options, while vacation planners either do likewise or turn to Bing Travel. In a few months time, we suspect some of that traffic will be diverted back to El Goog. The company has just announced plans to acquire Cambridge-based ITA Software for a cool $700 million, which will put one of the world’s most sophisticated QPX software tools for organizing flight information into the hands of the planet’s most dangerous search ally. According to Google, the pickup will allow consumers to search and buy airline tickets with less hassle and frustration, though it’s quick to point out that it has “no plans to sell airline tickets [directly] to consumers.” For the travel junkies in attendance, there’s a high probability that you won’t find any better news coming your way today than this.

[Thanks, Matthew]

Continue reading Google acquires ITA for $700m, dives headfirst into airline ticket search

Google acquires ITA for $700m, dives headfirst into airline ticket search originally appeared on Engadget on Fri, 02 Jul 2010 13:02:00 EDT. Please see our terms for use of feeds.

Permalink Gadling  |  sourceOfficial Google Blog, Google  | Email this | Comments

HP buys Melodeo, brings Nutsie music streaming service into the fold

Well, it looks like HP’s year of acquisitions isn’t showing any signs of letting up just yet — it’s now reportedly bought Melodeo, the parent company of the Nutsie music streaming service, for between $30 and $35 million. While the service doesn’t exactly have the name recognition of the now Apple-owned Lala, Nutsie’s mobile applications (for iPhone, Android and Blackberry) have reportedly been downloaded more than two million times, and the company already has partnerships with a range of carriers and cellphone companies including Verizon, T-Mobile and Sprint. As TechCrunch reports, however, what might be most interesting is what the company has in store for Nutsie 3.0 — it will apparently let you copy your entire iTunes library to the cloud and access any song on demand (it currently offers a more limited service that only offers a shuffle mode). We’ll let you take the Palm / WebOS speculation from there.

HP buys Melodeo, brings Nutsie music streaming service into the fold originally appeared on Engadget on Wed, 23 Jun 2010 18:56:00 EDT. Please see our terms for use of feeds.

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