buys « Funlimited

07Feb

Dimension Data Buys Telecom Expense Management Software Maker Xigo

Telecom expense management (TEM) solutions company Xigo, which Greg likened to a Billshrink for large companies, has been acquired by one of its partners, IT services and solutions provider Dimension Data for an undisclosed sum.

Dimension Data says the acquisition of Xigo, formerly known as Invoice Insight, will enable them to offer enterprise customers an integrated cost optimization solution for spend analysis, sourcing, provisioning and invoice processing.

The company adds that it will focus on increasing Xigo’s market share in the United States and roll out the services to other countries “over time”.

Dave Spofford, CEO of Xigo, will continue to lead the Xigo team and report to Dimension Data’s Americas CEO Jere Brown.

View full post on TechCrunch » Mobile

buys, data, dimension, expense, maker, management, software, Telecom, Xigo

01Feb

Miley buys $127K Mercedes

FILED IN Fashion No Comments

View full post on

$127K, buys, mercedes, Miley

18Jan

6waves Lolapps Buys Mobile Games Developer Escalation Studios

FILED IN gadgets No Comments

Social gaming company 6waves Lolapps (6L) this morning announced its acquisition of Dallas-based Escalation Studios, a mobile games development firm.

Three months ago, 6L already moved to buy Beijing-based social gaming company Smartron5, but apparently they felt there was still some mobile gaming expertise missing.

Explains Rex Ng, CEO of 6L, which was formed in July 2011 by merging the respective businesses of Lolapps and 6waves:

“We will double our business in 2012 and mobile will play a significant role in our growth on both the publishing and development sides of our business.”

Financial terms of the acquisition were not disclosed, but 6L says the addition of Escalation Studios expands the company’s overall headcount to more than 210 employees worldwide.

Escalation Studios’ co-founders, Tom Mustaine and Marc Tardiff, will become Design Directors, while co-founder Shawn Green will become Director of Engineering for 6L.

View full post on TechCrunch » Mobile

'developer, 6waves, buys, Escalation, games, Lolapps, mobile, studios

13Jan

Patent Troll Buys ADAPTIX (And Its 4G Technology Patents) For $160M

FILED IN gadgets No Comments

The 4G wireless technology space is heating up, so expect vultures.

Acacia Research Corporation, a massive patent holding group with dozens of subsidiaries in the business of exploiting intellectual property by means of lawsuits and aggressive patent licensing schemes, this morning announced that it has acquired ADAPTIX, a 4G wireless technology company that originally started out in 2000 under the name Broadstorm and was owned by PE firm Baker Capital.

Acacia Research is paying $160 million for the company, which has $10 million in cash, primarily to obtain ADAPTIX’ portfolio of 230 issued and pending patents in 13 countries.

The patents in question are said to cover a broad range of 4G technologies, including OFDMA and MIMO.

Guess what’s going to happen next.