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Showing posts with the label deal

LightSquared and Sprint reportedly close to $20 billion LTE agreement, John Deere watching closely

Well, we already know that a certain tractor manufacturer isn't particularly fond of LightSquared and its GPS-bustin' LTE technology, but  other  companies with yellow logos apparently harbor a much different sentiment. Really, though, who wouldn't be smiling when there's a supposed $20 billion in it for you? According to the ever-familiar "people familiar" with the story, as quoted by  Businessweek , LightSquared is getting closer to a long-rumored 15-year deal that would pay Sprint $20 billion in exchange for piggy-backing on its aggressive network expansion. This would help LightSquared get up to speed much more quickly, get Sprint access to some lovely LTE, and together completely revitalize the paper maps industry. Businessweek

Microsoft turns to crowdsourcing service to swat away patent trolls

We've seen the havoc that patent trolls can wreak on tech companies and Microsoft clearly wants no part of it. That's why Ballmer & Co. have joined forces with Article One Partners -- a New York-based research firm that crowdsources scientific expertise to figure out whether or not patented ideas or inventions are as innovative as they claim, based on prior art. By subscribing to Article One's new Litigation Avoidance service, Redmond hopes "to reduce risk and reduce potential litigation cost" brought by nonpracticing entities (NPEs) -- companies that collect thousands of patents, in the hopes that one may lay a golden egg. No word on how much the service will actually cost, but we're guessing it'll be worth at least a few legal headaches. [Image courtesy of  Robert MacNeill ] ComputerWorld

Hulu, Miramax deal means Netflix, Hulu Plus both add Pulp Fiction and more starting today

According to a blog post and press release (after the break) Hulu is bringing Miramax films to its free and paid Hulu Plus services. This is also the same day the Miramax deal kicks in for Netflix, so both just added notable movies including  Clerks ,  Swingers ,  Basquiat ,  The Crow  and  Reservoir Dogs . Miramax movies on Hulu Plus are presented ad-free and in HD, just like on Netflix Watch Instantly, and both appear to have the same selection available, although one negative side effect of parity is that neither has optional closed captions on streaming for any of them. The only difference so far? Soon, Hulu will offer a rotation of 15 Miramax movies per month through Hulu.com for ad-supported viewing. While we're sure some will wait for Miramax to work through its Blu-ray release backlog (CEO Mike Lang is on it, although we still don't have a date for  Pulp Fiction ) it's good to suddenly see a catalog that had been ...

Microsoft close to buying Skype for more than $7 billion? (Update: announcement tomorrow)

Following rumors of Facebook and Google eyeing a deal to acquire Skype, we now have a new contender who is none other than the beast from Redmond, Microsoft. According to the  Wall Street Journal's sources, Team Ballmer and the VoIP company are finalizing a negotiation that's worth more than a whopping $7 billion, and they could be making an announcement as soon as Tuesday. Given that this figure will be a new record for Microsoft in recent years, it's clear that Ballmer's very keen on securing this popular voice calling service for his own amusement -- perhaps Windows Phone will eventuallycome with integrated Skype features? Or maybe he just wants to slot in some ads between our calls? Only time will tell, and for the sake of Redmond, hopefully nothing turns sour between now and tomorrow. Update:   All Things D's  Kara Swisher has confirmed that the two companies will be announcing their deal early tomorrow morning. Stay tuned! ...

iRobot agrees to provide US Navy with bomb disposal and recon bots in a deal worth up to $230 million

iRobot may still be best known as the creator of the homely Roomba vacuum-cleaning drone, but savvy readers will know the company's endeavors span a pretty broad range of robot-related activities. One of those has now borne fruit in the shape of a multiyear agreement with the US Navy for the provision of "portable robotic systems" that can identify and dispose of explosives while also performing a bit of reconnaissance work in their spare time. The announcement doesn't tell us the particular model(s) or number of bots that will be provided, but there is clarification to say that iRobot will be responsible for providing spares, repairs, training, and accessories along with the hardware, with the total revenue for the company potentially swelling to $230 million over the full course of the contract, which lasts through 2015. Our guess is that the "throwable" robot shown off a couple of weeks back would be a good candidate for this task, though we doubt it...

US DoJ approves Google's acquisition of ITA, but not without stipulations

The United States government may be dissolved tomorrow, but it's certainly taking care of one final piece of business before going into shutdown: this . If you'll recall, Google announced its intentions to acquire ITA for $700 million in July of last year, and as we cruise into the start of America's summer travel season, all signals are go. Today, the US Department of Justice approved Google's request to move forward with the buy, but rather than having the entire travel search market under its wing, El Goog's going to have to make a smattering of concessions in order to get the right signatures. For starters, the search monolith will allow ITA's existing client contracts to extend into 2016, and it'll let both current and new customers license ITA's QPX software on "fair, reasonable and non-discriminatory terms." No one's saying when the integration will be complete (or start, for that matter), but we're desperately anxio...