Google mHealth Wearables

Google to acquire Fitbit in $2.1 billion deal

Source: Fitbit Fitbit has announced that it has entered into a definitive agreement to be acquired by Google for $7.35 per share in cash, valuing the company at a fully diluted equity value of approximately $2.1 billion. “More than 12 years ago, we set an audacious company vision – to make everyone in the world […]

5G Mobile devices

Apple to Acquire Intel’s Smartphone Modem Business in $1 Billion Deal

Apple will acquire the majority of Intel’s smartphone modem business in a $1 billion agreement. Under the agreement, approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. The transaction is expected to close in Q4 of 2019, subject to regulatory approvals and other customary conditions. Apple will hold over 17,000 […]

5G M&A

FCC chairman endorses $26 billion T-Mobile and Sprint merger

Chairman of the Federal Communications Commission (FCC), Ajit Pai, has announced his endorsement for the $26 billion T-Mobile and Sprint merger. Officials from the two telecommunication carriers have been in talks with regulators at the FCC about conditions that would allow the deal to go through. Conditions that have been discussed include the roll-out of […]