Silicon Motion Technology Corporation (NASDAQ: SIMO) has been a Wall Street favorite for more than a year, more than doubling in price between September and February. But today things took a very different turn and the Taiwanese chipmaker saw its shares tumble more than 7% after an analyst at Detwiler Fenton told clients that Qualcomm’s [...]

SBA Communications (SBAC) said it plans to pay nearly $1.1 billion to acquire certain affiliates of Mobilitie, including more than 2,300 tower sites in the United States and Central America and certain indoor and outdoor distributed antenna systems in Chicago, Las Vegas, New York City and Auburn, Ala. SBA said the payment would include $850 [...]

The world’s largest maker of telecom networking equipment is making a big bet on Wi-Fi. Sweden’s Ericsson (ERIC) says it will buy privately held BelAir Networks for an undisclosed sum, confirming reports that first appeared last month. “We are very excited today because we believe that there is a huge interest in the market for [...]

If someone describes their workplace as a zoo, you might not envision a productive, innovative startup that’s been chosen by AdAge as one of the five best places to work in America. But DataXu (pronounced Data Zoo) appears to have captured all the energy and excitement of a zoo without the chaos (or the smell.) [...]

Shares of Alcatel-Lucent (NYSE: ALU) closed almost 13% higher on Wall Street after the company announced a profitable 2011 and a plan to monetize its patent portfolio. The French telecom equipment giant said profit for all of last year was 1.1 billion euros ($1.5 billion), its first annual profit in six years. The company also [...]

InterDigital (NASDAQ: IDCC) has seen its stock price slump since it confirmed that it was calling off its patent sale 8 days ago. But the company says there should be more news soon, now that it has decided to sell its patent portfolio in pieces. InterDigital Executive VP Janet Point says the company could not [...]

2012 has already been a busy year for M&A at Intel. Last week the semiconductor giant inked a deal to acquire QLogic’s InfiniBand switch, chip, and adapter businesses, and 3 days later Intel (NASDAQ: INTC) said it will buy 190 patents and 170 patent applications from RealNetworks (NASDAQ: RNWK). For $120 million, Intel also gets [...]

One of the most developed countries in Latin America, Chile faces very similar telecom challenges to Brazil, Colombia and Mexico. Its mobile penetration surpassed one device per habitant, reaching 120.8% in June, with most subscribers on prepaid plans. The Chile wireless market is also in need of more spectrum to meet its growing telecommunications needs.  [...]

Audience, a maker of sound processing chips used in Apple’s iPhone, hopes to find a big audience on Wall Street. The company has filed for an initial public offering to be led by JPMorgan Chase & Co., Credit Suisse Group AG and Deutsche Bank AG, and hopes to raise up to $75 million. Audience’s processors [...]

6waves Lolapps is buying Dallas-based Escalation Studios for an undisclosed sum. 6waves claims to be the world’s second largest publisher of games on Facebook (behind Zynga), and with this acquisition will be able to expand its distribution model into the mobile space. “Mobile is at the forefront of what we want to do,” 6waves chief [...]