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RIM, Chasing Its Own iCloud, Buys NewBay For $100 Million

Oct 7, 2011 2:37 PM

Here’s an acquisition that has come unexpectedly, but not surprisingly: BlackBerry and PlayBook maker RIM (NSDQ: RIMM) has bought New Bay, an Ireland-based mobile social networking and cloud-services specialist NewBay for a sum believed to be in the region of $100 million.

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Posted In: Entertainment, Music, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Apple, AT&T, France Telecom, Orange, HP, LG, RIM, BlackBerry, T-Mobile, Verizon, Countries, Europe, UK, Scandinavia, Ireland, newbay

Update: Google Buys Groupon Clone And Launches Wallet In Quest For Commerce

Sep 19, 2011 8:38 AM

Google (NSDQ: GOOG) at the moment gets the vast majority of its revenues from its huge advertising business, but today we saw two examples of how its trying to diversify for a later day. It has bought the German Groupon clone Daily Deal and it has started rolling out its…

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Posted In: Advertising, Daily Deals, Local, Apps, E-Commerce, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Amazon, France Telecom, Orange, Google, Android, Groupon, Samsung, Sprint, Countries, Europe, Scandinavia, Luxembourg, Germany, France, Belgium, daily deal, google offers, google wallet, nfc

Voddler Picks Up Another $8 Million In Funding For VOD, Led By Nokia

Feb 1, 2011 8:31 AM

Nokia (NYSE: NOK) may be rethinking how it delivers mobile music—shuttering its Ovi Unlimited music service—but it is not giving up on digital entertainment altogether. The Swedish VOD and streaming site Voddler has announced that it has picked up an additional $8 million in funding, with this round led by…

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Posted In: Entertainment, Movies, Media & Publishing, TV, VOD, Mobile, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, P2P, Companies, Nokia, Countries, Europe, Sweden, Scandinavia, Norway, Finland, Denmark, nokia growth partners, voddler

Aspiro Sells Remaining Mobile Entertainment Assets To Exsol

Nov 19, 2010 6:22 PM

Aspiro, the hosted and white-label mobile TV and music provider, today announced that it has sold its remaining mobile entertainment business in Finland to Exsol Oy, for €100,000 ($137,000; £86,000), a holding company set up by games/ringtone distributor Buumi International. This follows a sale of entertainment assets in Norway, Sweden…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, Scandinavia, Norway, Finland, Denmark

Ericsson Says ‘Merry Christmas’ With 950 Jobs Cuts

Dec 9, 2009 4:42 AM

A bad day for staff at Swedish mobile handset maker and networks company Ericsson (NSDQ: ERIC), which is making 950 staff redundant in Sweden—about five percent of its domestic workforce—as part of an additional round of cuts on top of its on-going cost reduction scheme. The company still aims to…

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Posted In: Mobile, Countries, Europe, Sweden, Scandinavia

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