buyout January 23

Just one day after T-Mobile unveiled its Smartphone Equality program letting loyal customers avoid credit checks, Sprint has announced a new promotion specifically targeting T-Mobile customers with an offer to make switching carriers easier. Sprint’s latest buyback and trade-in offer joins the carrier’s existing ‘Cut Your Bill in Half’ promo which encourages AT&T and Verizon customers to switch; T-Mobile was notably missing from that offer. Here’s how Sprint details the new promotion for T-Mobile customers: expand full story

buyout May 23, 2014


While it was previously reported that the Apple buyout of Beats Electronics was supposed to be announced this week, Billboard has compiled a list of five different reasons the deal isn’t yet finalized according to its own sources.

A few of these potential hold-ups include issues determining Beats’ valuation and issues with finding a place for Dr. Dre and Jimmy Iovine to fit into Apple’s corporate structure. According to one of Billboard’s sources, Apple’s executives were “freaked out” by the video that surfaced a few weeks ago of Dr. Dre and Tyrese Gibson (accidentally) confirmed that a deal was in the works.

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buyout January 30, 2014


buyout November 24, 2013

Globes reports that Apple has completed its purchase of PrimeSense, the Israel-based firm behind the technology in Microsoft’s Kinect sensor, and Apple confirmed the acquisition to AllThingsD. As noted earlier this year, the deal will cost Apple somewhere between $300-350 million. PrimeSense previously denied any talks with Apple.

On Friday, the acquisition of Israeli gesture recognition company PrimeSense Ltd. by Apple Inc. (Nasdaq: AAPL) was closed. The deal, which has not been formally announced, was made at a company value of $300-350 million, and follows lengthy negotiations by PrimeSense with several potential buyers.

The sensor firm is no longer working with Microsoft, as the Xbox manufacturer has moved to all in-house work for its latest Kinect-based technology. With Apple reportedly working on a gesture-controlled 3D interface, possibly for some sort of television-related product (or a media hub to rival the Xbox One, perhaps?), the PrimeSense purchase makes perfect sense.

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