Mar 12 2010

NBC-Comcast deal comes under Justice Department, FCC scrutiny

We can’t say we didn’t warn you. Looks like the kids at Comcast have to answer some questions over at the Justice Department — and the FCC — before they get their hands on NBC. Both agencies have pledged to “examine the transaction closely,” says AP, being ever-vigilant as they are to protect consumers and competition in this free market society of ours. The review could last upwards of a year, but if that means that 2011 could see the debut of NBC-Universal’s “Comcastic!” theme parks, it will all have been worth it.

NBC-Comcast deal comes under Justice Department, FCC scrutiny originally appeared on Engadget on Fri, 12 Mar 2010 10:24:00 EST. Please see our terms for use of feeds.

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Mar 2 2010

Orange and T-Mobile UK merger approved by EU, forms 29.5 million customer juggernaut

The European Commission has decided it doesn’t mind the crass splicing of pink (okay, magenta) and orange, and has therefore provided its tastefully hued green light to the UK merger of the two mobile operators. Once the transaction is completed this Spring, we’ll still be looking at two delineated entities on the consumer market, but there’ll be one back office and one consolidated network servicing the two brands. That’ll remain the case for at least the next 18 months, when the joint venture between Deutsche Telecom and France Telecom, the respective parent companies of T-Mobile and Orange, will likely complete the process by rebranding itself into one entity. The press announcement is littered with vague references to synergy leveraging and value generation, but those all-important questions as to what the new operator will eventually be called and what colors it will sport are left unanswered. All that really matters for now is that the UK has a new market share leader and the mobile space became that little bit less competitive.

[Thanks, Mitchel]

Orange and T-Mobile UK merger approved by EU, forms 29.5 million customer juggernaut originally appeared on Engadget on Tue, 02 Mar 2010 05:47:00 EST. Please see our terms for use of feeds.

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Feb 23 2010

PocketGear acquires Handango, becomes world’s largest cross-platform app store

Now this is intriguing. PocketGear has just acquired its former competitor Handango in the cross-platform app store space, and can now claim a library of software that places it right alongside Apple’s App Store in terms of the pure number of applications on offer. PocketGear has been busy providing the infrastructure for things like Samsung’s TouchWiz widget store and Palm’s Software Store for a while, whereas Handango used to be the largest independent app store out there, and their consolidated catalog will offer more than 140,000 applications on all the major non-Apple platforms: Android, BlackBerry, Palm, Symbian, and WinMo. The number of actually useful apps has not been disclosed, but we love the idea of an independent competitor nudging the proprietary stores along so let’s hope things go well for them. Full PR after the break.

Continue reading PocketGear acquires Handango, becomes world’s largest cross-platform app store

PocketGear acquires Handango, becomes world’s largest cross-platform app store originally appeared on Engadget on Tue, 23 Feb 2010 06:00:00 EST. Please see our terms for use of feeds.

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Feb 22 2010

Wal-Mart buying Vudu streaming movie service? (update: yes!)

digg_url = ‘http://digg.com/tech_news/Wal_Mart_buying_Vudu_streaming_movie_service’; Wal-Mart often finds itself on these pages not only for its deals but for the fair amount of comedy its stores provide us, but this next item could be big. According to The New York Times, the company has indeed agreed to purchase Vudu — giving it a leg up on digital distribution and helping to brace against a declining market for DVDs. Details are scarce, but apparently the two companies have been informing Hollywood studios and TV manufacturers about the plan all day — so an official announcement can’t be too far off. Let’s just hope this goes a little better than the Wal-Mart MP3 sales have, eh?

Update: It’s official, and the full press release is after the break. Walmart will be acquiring Vudu, and the deal is expected to close “within the next few weeks.” We are told that Vudu will “continue developing entertainment and information delivery solutions such as Vudu Apps,” but outside of that, few details (including a purchase price) are being made available.

Continue reading Wal-Mart buying Vudu streaming movie service? (update: yes!)

Wal-Mart buying Vudu streaming movie service? (update: yes!) originally appeared on Engadget on Mon, 22 Feb 2010 17:12:00 EST. Please see our terms for use of feeds.

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Jan 14 2010

Segway Inc. confirms merger with UK-based firm

Well, it looks like those initial rumblings about a big shake-up at Segway were right on the mark, as Segway Inc. has now come out and confirmed that it has been acquired by a UK-based firm backed by Hesco Bastion Chairman and Segway UK investor Jimi Heselden (previously reported to be JWH Holdings). Not surprisingly, it isn’t offering much in the way of details, but it did say that it has also received funding that will “support the continued growth of the company.” Head on past the break for the complete statement.

Continue reading Segway Inc. confirms merger with UK-based firm

Segway Inc. confirms merger with UK-based firm originally appeared on Engadget on Thu, 14 Jan 2010 13:01:00 EST. Please see our terms for use of feeds.

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Jan 13 2010

Segway Inc. bought by Segway UK?

This one has been flying under the radar for the past day or so, but talk is starting to heat up on some forums that Segway Inc. has effectively been bought out by one of its own dealerships. That initial word seems to have come from a Segway Inc. shareholder, who says he recently received a stockholder letter informing him that Segway Inc. would be “merging” with JWH Holdings, which is apparently a company formed by Segway UK simply for the purpose of this merger. What’s more, while the deal is apparently being called a merger, the letter itself reportedly confirms that it’s more of a complete buyout, with current CEO Jim Norrod supposedly set to be replaced by Tricia Laidler, and Segway UK’s Wayne Mitchell stepping up to be the new COO. Still nothing in the way of official statements from either party just yet, but we’ll let you know as soon as we hear anything one way or the other.

[Thanks, Ed J]

Segway Inc. bought by Segway UK? originally appeared on Engadget on Wed, 13 Jan 2010 17:35:00 EST. Please see our terms for use of feeds.

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Dec 3 2009

Comcast takes control of NBC, promises not to crush Hulu

As expected, Comcast announced its buyout of NBC this morning, and we have a few details of interest to Engadget readers and fans of rom-coms alike. Essentially, Comcast now owns 51 percent of NBC-Universal to GE’s 49 percent and will manage the entity — leveraging the newly acquired content with their infrastructure. On an investor call (reported by All Things Digital) a short time ago, Comcast CEO Brian Roberts emphasized that the company bought “a bunch of profitable cable channels” and “some theme parks, too” (we think that last part was a joke). Not so funny, of course, is the film studio that’s seen better years and the broadcast network that’s been described elsewhere as “faltering.” When asked about TV Everywhere and Hulu, Comcast COO Steve Burke notes that “NBC has been careful not to put too much cable content on the Internet. We think that’s a smart strategy… We think that going forward, you’re going to continue to have free broadcast stuff on Hulu, and cable stuff on TV Everywhere.” As for rumors of Hulu Premium? “That’s certainly not in the cards.” Web-based TV fanatics will be pleased to note that Roberts appears to be in your court: “We love Hulu and have no intent to crush it like a bug.” That’s all well and good, but as we know nothing’s final until the government has its say: the FCC, the Federal Trade Commission, and the Justice Department are all sure to have strongly held opinions on the matter. PR after the break.

Update:
The “crush it like a bug” comment was actually just some editorializing from Peter Kafka at All Things Digital — but we’re certain Steve Burke has only love in his heart for Hulu.

Continue reading Comcast takes control of NBC, promises not to crush Hulu

Comcast takes control of NBC, promises not to crush Hulu originally appeared on Engadget on Thu, 03 Dec 2009 11:29:00 EST. Please see our terms for use of feeds.

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