Posts Tagged: "Softbank"

Softbank Buys ARM to Focus IoT – But The Patents May Be Missing In This Deal!

Softbank’s acquisition of ARM Holdings is widely known and several blogs and articles have tried to explain the business background of the huge deal. Just following the BREXIT vote, one of the best-known (worldwide) United Kingdom-based high tech companies is leaving the for seemingly greener pastures. Despite the new owners’ assurances to leave the headquarters in the United Kingdom and promises to double the number of employees in five years, speculation persists. And, though much has been reported about the business deal, little has been said about how the acquisition changed Softbank’s IP portfolio.

Sprint Acquisition adds Large Wireless Spectrum Portfolio

Sprint Nextel (NYSE: S), the wireless powerhouse, has announced that they have entered into an agreement that will allow them to acquire the remaining shares of the wireless broadband provider Clearwire Corporation (NASDAQ: CLWR). Sprint already owns approximately 50% of the shares, and will buy out the rest for $2.97 a share, which equates to $2.2 billion paid to the remaining shareholders. This buyout will bring Clearwire’s total value to roughly $10 billion, which includes the $5.5 billion debt Clearwire currently has.