Acqusition -- Engadget Mobile

acqusition posts

Nokia jumps out of thin air, acquires bit-side

by Darren Murph posted Jan 29th 2009 @ 12:17AM

Can't say we saw this one coming. Out of seemingly nowhere, Nokia has up and acquired a privately held Berlin-based professional services and software company with 39 employees. As part of the agreement, Nokia will take on "substantially all assets of bit-side GmbH," and for some unexplained reason, that move will enable Nokia to "strengthen and accelerate its mobile development for Nokia Maps." According to Michael Halbherr, vice president and head of social location at Nokia: "Acquiring bit-side enables Nokia to offer consumers the world-leading mobile location applications, such as Maps, along with routing and navigation at an accelerated speed." It's stated that bit-side will be wrapped into Nokia's Services unit, but honestly, we're still left mostly in the dark as to what this all means. Dark and inscrutable, just how we like it.

[Via MobilityUpdate]

Verizon Wireless closes Alltel acquisition, lays out path forward

by Darren Murph posted Jan 14th 2009 @ 9:20PM

Welp, that's that. But not really, because acquiring a company as big as Alltel and shoving it into a company as gigantic as Verizon Wireless simply can't be easy. To that end, VZW has issued a release that details the steps forward now that the deal itself is closed. For starters, Alltel employees below executive level will continue in their present jobs as Verizon Wireless assesses staffing needs, and Verizon intends to re-brand Alltel operations in retained markets (read: the ones not divested by force) in phases, beginning in the second quarter and continuing through the third quarter of 2009." As for Alltel subscribers, they won't need to take any action at this time, with everything in their current plan -- My Circle included -- remaining the same throughout the transition period. If you're interested in the rest (we're looking at you, loyal Alltel user), hop on down to the read link.

[Via phonescoop]

AT&T and Verizon finalize Rural Cellular / Dobson asset swap

by Darren Murph posted Dec 23rd 2008 @ 4:55PM

Way back in autumn of last year, AT&T agreed to give up seven markets in its Dobson Communications buy in order to get the all-important FCC stamp of approval; just a few months ago, Verizon Wireless was forced to sell licenses in six markets in order to improve competition in the Rural Cellular markets that it was acquiring. Now, that whole nightmare of red tape has been all wrapped up, as suits and cube dwellers no doubt frantically tried to tie up loose ends before the New Year that should've been knotted weeks ago. Essentially, the deal means that AT&T Mobility has acquired some former Rural Cellular properties previously acquired by Verizon Wireless, while VZW has acquired from AT&T Mobility some former Dobson Communications properties. All the nitty-gritty details are in the read link below should you care to venture down.

[Via phonescoop]