Tag Archives: takeovers

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

Posted on by

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.

Permalink Unwired View, The Next Web  |  sourceHTC  | Email this | Comments

Samsung buys Nanoradio, hints at very low-power WiFi in your next Galaxy

Posted on by

ImageSamsung hasn't had a lot of need for hardware acquisitions as of late, so it's a bit of a surprise that the company has snapped up chipset manufacturer Nanoradio. Neither side has outlined the terms of the deal or the exact plans. Nanoradio is best-known for "ultra low power" WiFi in phones and other mobile devices, however, so we'd venture that Samsung is looking to improve the performance of its own wireless-laden smartphones and tablets. Don't be surprised, then, if your next Galaxy S or Galaxy Tab is a little gentler on the battery while you're on the local coffee house hotspot.

Samsung buys Nanoradio, hints at very low-power WiFi in your next Galaxy originally appeared on Engadget on Fri, 01 Jun 2012 11:12:00 EDT. Please see our terms for use of feeds.

Permalink Phone Scoop  |  sourceNanoradio (PDF)  | Email this | Comments

China clears Google acquisition of Motorola, eliminates last barrier to Googorola bliss (update)

Posted on by

Google-Motorola

The final significant roadblock to Google's buyout of Motorola has been cleared, as Chinese regulators have just given their rubber stamp. Their approval follows a few months after the simultaneous American and European clearances, and virtually all that's left now is to formally close the deal and start integrating the two mobile giants. It might still come too late for the combined entity to present a united front at Google I/O, but at least they won't have any awkward glances at each other across the room. We're just trying to decide on whether or not Googorola is the best pet name for the loving, $12.5 billion-dollar Android union.

Update: Google has since told the AP that the deal will likely wrap up early next week, so Motorola should be part of the family well in advance of Google I/O. Also, Google has to keep Android freely usable by anyone for at least five years, although no one was expecting that to change anytime soon.

China clears Google acquisition of Motorola, eliminates last barrier to Googorola bliss (update) originally appeared on Engadget on Sat, 19 May 2012 14:39:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceWSJ  | Email this | Comments