Roundup: LGC Wireless bought, RockYou also bought? and more
1) LGC Wireless to be acquired by telecom components company
2) Rumors abound that News Corp. is buying RockYou for hundreds of millions of dollars
3) Myspace + Skype: newly-joined parts of the “Web 2.0 address book”
4) Apple finally decides to return developers’ love
5) Treemo, another mobile and online content sharing service, raises 2.5 million
6) LiveScribe, a near-magical pen for taking written and audio notes at the same time, raises $22 million
LGC Wireless to be acquired by… Continue Reading
LGC Wireless buys unit for $15M to expand cellphone signal strength
LGC Wireless, a San Jose company that helps strengthen cellular signals for mobile phones in places like bunkered buildings and airports, has acquired the cellular unit of Tel Aviv company Alvarion.
The price was $15 million in convertible notes. LGC has been around for a decade, and it is unclear how well the company is doing. It has raised $93 million in backing from multiple investors including Rembrandt Venture Partners, Allegis Capital, Crystal Ventures, Dali Hook… Continue Reading