VIA International will provide a premium home automation experience to people with a lot of money to spend on their homes.
The new umbrella company aims to be “the world’s largest fashion subscription e-commerce company.”
It has 33 million members around the world and is predicted to generate over $400 million sales in 2014.
Nokia has agreed to buy out Siemens’ 50 percent stake in their joint venture, in an effort to boost its cash reserves and turn Nokia’s struggling business around.
T-Mo and Metro have the urge to merge, and they meet all government requirements. The companies have already announced a new combined board.
Chinese antitrust and competition authorities have approved Google’s deal to purchase Motorola Mobility for $12.5 billion dollars, The Wall Street Journal reported Saturday. The merger, which was announced nine months ago in August 2011, will likely close next week.
The top two online-video sites in China, Youku and Tudou, are merging into one super-company that will be called Youku Tudou Inc. The YouTube-esque companies are traded on the NADSAQ as YOKU and TUDO, and will retain separate brand identities.
In a bid to shore up its 4G wireless network, Verizon has agreed to buy 122 wireless services licenses from Comcast, Time Warner Cable and Bright House Networks, the company announced today.
Aol and Yahoo have had their most embarrassing moments this week under the media spotlight. So it’s only natural that the two companies are rumored to be talking about a merger.
AOL, at one time a leading Internet service provider, is looking to spin-off its dial-up operations and merge the remainder of the company with Yahoo, according to a report by Reuters.
It’s official: Groupon makes a ridiculous amount of money. In fact, it makes more than enough to reject Google’s offer, worth somewhere between $5 billion and $6 billion, to buy the daily-deal company.