Mergers and Acquisitions Roundup: Verizon and Google Making Waves

Read Trending Stories

Today's Trending Stocks

Click a Company to Research Now:

Nice Systems (NASDAQ:NICE), announces it’s acquiring Merced Systems an Israeli developer of software for analyzing communications streams. Its a developer of business performance software, which is being purchased for $170M in cash. Nice expects the deal to boost its 2012 revenue and EPS by $55M and $0.10.

Qualcomm (NASDAQ:QCOM) recently acquired Pixtronix, without announcing the deal. Pixtronix developer of low-power mobile device displays that rely on MEMS technology. Sources put the deal’s price tag in the $175M-$200M range. Qualcomm might try to use Pixtronix’s technology to bolster its Mirasol display line, which takes a different approach to using MEMS.

Don’t Miss: Does Google Have Amazon In Its Crosshairs?

Verizon Wireless (NYSE:VZ) (NASDAQ:VOD) agrees to buy Spectrum as it is trying to keep up with the fast-growing demand for bandwidth. It’s also purchasing 122 wireless licenses from Comcast (NASDAQ:CMCSA) and Time Warner (NYSE:TWX) for $3.6B. Comcast’s share of the proceeds will be $2.3B; Time Warner’s, $1.1B.

Google (NASDAQ:GOOG) is attempting a $400M acquisition of AdMeld, sources tell Bloomberg. U.S. Justice Department staff attorneys have recommended antitrust approval of the acquisition. The staff urged approval after a detailed analysis reportedly found AdMeld’s competitors in online display advertising were strong enough to offer companies alternative ways to advertise.

Yahoo (NASDAQ:YHOO) may give up a minority stake to Silver Lake. The proposal may seem upappealing at first, but it may be the company’s best option, argues Henry Blodget. Unlike TPG Capital’s bid, Silver Lake’s offer comes with Marc Andreessen attached. It also features plans to overhaul Yahoo’s much-criticized board and U.S. operations. Blodget is skeptical Alibaba’s rumored bid will ever materialize.

Investing Insights: Why is Gold Finding Support At This Level?

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!

Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the markets with winning stock picks.

Click here now for your FREE trial to our acclaimed flagship newsletter:

Learn More

Advertisement:
Improve your Investing Portfolio with Wall St Cheat Sheet Premium

Intelligent Investing

Wall St. Cheat Sheet Premium

Tired of wasting time and money sifting through the noise on TV, websites, and Twitter? Get winning stock picks now.

Gold & Silver Premium

Join Chicago Mercantile Exchange commentator Eric McWhinnie as he covers Gold & Silver for you.

Commodities Premium

Commodities are heating up. This is an investment newsletter you'll need to win in the bull market.

Wall St. Cheat Sheet has been featured in these fine media outlets: