Townsquare Media buys what’s left of MOG

MOG playing XX music

Beats’ acquisition of MOG ultimately carved the company into two pieces, if not quite evenly: it left both the blog content as well as a music-oriented ad network that’s popular, if without nearly as much cachet for the technology crowd as the streaming audio. Entertainment outlet Townsquare Media must have seen a bargain in the making given that it just swept in to buy MOG’s remaining parts. The deal, which AllThingsD understands is worth $10 million, will see the MOG name wiped for good as the ad network and sites slip into Townsquare’s collection. While anti-climactic, it still marks the formal end to a significant chapter in cloud music — MOG at one point was going toe-to-toe with the likes of Rdio and Rhapsody, and it now exists only as a memory.

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Townsquare Media buys what’s left of MOG originally appeared on Engadget on Fri, 24 Aug 2012 14:21:00 EDT. Please see our terms for use of feeds.

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IBM buys Texas Memory Systems to bring on speedy storage

IBM buys Texas Memory Systems to bring on speedy storage

IBM is becoming serious about enterprise-grade computing in more ways than one. It just struck a deal to acquire Texas Memory Systems, best known these days for its extra-quick RamSan SSD cards. As you’d anticipate, that fast yet lean storage is the focus — IBM wants servers that aren’t limited by their drives, or which just use less power than old-fashioned spinning hard disks and tape machines. Neither side is talking about how much the deal is worth, but TMS’ product roster should stay on the market even as it’s folded into IBM’s Smarter Storage initiative. Expect that database at work to suddenly get faster sometime after the acquisition closes later this year.

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IBM buys Texas Memory Systems to bring on speedy storage originally appeared on Engadget on Thu, 16 Aug 2012 10:46:00 EDT. Please see our terms for use of feeds.

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E Ink acquires SiPix, may dominate e-paper universe

Barnes and Noble Nook with GlowLight and Amazon Kindle

If challenging E Ink‘s supremacy in the e-paper market was hard before, it just became Sisyphean. The company is acquiring e-paper module maker SiPix through a share buyout worth about NT$1.5 billion ($50.1 million) if all goes smoothly. What goals E Ink has with the merger aren’t as apparent, although the company wants to go beyond just supplying the parts for another Kindle Touch or Nook Simple Touch — the aim is to “diversify into newer applications” even as the company corners those markets it already leads. The deal should close in the fall if regulators sign off on the deal, although we wouldn’t be too quick to assume clearance is a sure thing. As NPD DisplaySearch warns, the deal would give E Ink complete control of the electrophoretic display technology that dictates the e-paper field. That doesn’t allow for a lot of variety in the space when alternatives like Qualcomm’s Mirasol are being scaled back.

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E Ink acquires SiPix, may dominate e-paper universe originally appeared on Engadget on Sat, 04 Aug 2012 08:39:00 EDT. Please see our terms for use of feeds.

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Beats buyout of MOG worth $14 million, splits company not-so-neatly into two

MOG player

More official details are emerging from Beats Electronics’ acquisition of MOG, and they paint a considerably messier picture of the deal than we saw just a day ago. HTC (which has a big stake in Beats) has confirmed that the move into streaming music was worth $14 million — not a whole lot considering that MOG had raised $33 million through its entire independent lifetime. The low price might come as the result of Beats being very surgical with its deal. The Jimmy Iovine- and Dr. Dre-founded outfit is taking control of the core audio service as a separately-managed company, while the ad and music blog components are mostly left untouched. MOG’s loss of independence is coming on a very ignominious note as a result, but it could be good news for subscribers anxious about the service’s future as well as HTC phone owners wondering just where Sense UI’s Beats integration might go next.

Beats buyout of MOG worth $14 million, splits company not-so-neatly into two originally appeared on Engadget on Tue, 03 Jul 2012 16:39:00 EDT. Please see our terms for use of feeds.

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Amazon reportedly acquires UpNext, 3D map wars begin in earnest

Amazon reportedly acquires UpNext, 3D map wars begin in earnest

We might as well call 2012 the year of the 3D map. We’ve seen both Apple and Google show their cards, but GigaOM now hears that Amazon has jumped in by acquiring newcomer UpNext. The details are scant, but the approximately $2.5 million deal would give Amazon the startup’s 3D, Android-native maps of 50 US cities, complete with navigation and extra information about notable buildings. The online reseller hasn’t confirmed whether or not the acquisition is happening, which leaves it very much in rumor territory for now. That said, it’s not hard to imagine Amazon taking that leap. The Kindle Fire is cut out of the official Android ecosystem and won’t get built-in 3D maps without effort on its creator’s part — a buyout would certainly put that mapping on the fast track.

Amazon reportedly acquires UpNext, 3D map wars begin in earnest originally appeared on Engadget on Mon, 02 Jul 2012 20:09:00 EDT. Please see our terms for use of feeds.

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