Earlier today, a press release was floating around that claimed Google had bought Wi-Fi hotspot company ICOA for $400 million dollars. It was bogus but a lot of us bought it. So what gives? Why would someone do this? Probably to make a killing on stocks. More »
Never content to be just the go-to search engine, Google’s been barking up some interesting trees recently. Now, Google has gobbled up ICOA for $400 million, and the thousands of Wi-Fi hotspots that come with it. More »
Never content to be just the go-to search engine, Google’s been barking up some interesting trees recently. Now, Google has gobbled up ICOA for $400 million, and the thousands of Wi-Fi hotspots that come with it. More »
Google made another grab for its internet infrastructure, this time picking up wireless hotspot company ICOA for the sum of $400 million. From the deal, the internet giant will control around 1,500 wired and wireless broadband locales in “high-traffic” public spaces, including airports, restaurants and universities, spread across 45 US states. Google will presumably be running these public WiFi spots in addition to its current deal with Boingo — and in addition to those 180 fiberhoods.
Correction: Looks like reports of the acquisition were greatly exaggerated as AllThingsD is reporting, and we’ve been able to independently confirm that Google has not bought ICOA.
Via: TNW
Source: PRWEB
This is site is run by Sascha Endlicher, M.A., during ungodly late night hours. Wanna know more about him? Connect via Social Media by jumping to about.me/sascha.endlicher.
