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A number of high-profile technology companies will do battle for control of InterDigital in the coming weeks, it emerged on Wednesday, but with Google’s participation uncertain the industry is questioning whether the company will raise as much as earlier estimates suggested, or indeed, whether it will sell at all. Apple, Nokia and Qualcomm will all take part in the sale, which is slated to take sometime after 5 September, Reuters reported, citing sources familiar with the situation. The report did not mention Samsung, which was invited to bid earlier this month, according to Dow Jones Newswires.
Amidst endless rumours surrounding the launch of the eagerly-anticipated iPhone 5, a report this week that AT&T is installing LTE network equipment in one of Apple’s U.S. retail outlets reignited talk of an LTE version of the handset. Engadget reported on Tuesday that it had received from an unnamed source a photo of LTE equipment newly-installed in a major Apple store. The kit in question supports the 700 MHz and AWS (3G) spectrum bands; AT&T plans to use those bands for its LTE rollout, following the closure of its T-Mobile USA acquisition.
French mobile network operator Orange has broken the secrecy surrounding Apple’s new iPhone 5 through a job advertisement, despite the U.S. firm’s ban on its partners referring to the product before its expected September release. Orange, which is owned by France Telecom, is Apple’s official partner in France. Read More »
Google and Motorola Mobility HoldingsĀ today announced that they have entered into a definitive agreement under which Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion, a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011. The transaction was unanimously approved by the boards of directors of both companies.
The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.
The IntoMobile team gets a tour of the Verizon Application Innovation Center in San Francisco and it is aimed at helping developers create the next generation of 4G LTE apps.