Motorola announced the purchase of Asian mobile music provider Soundbuzz for an undisclosed amount. It also launched a DVB-H multimedia device for mobile TV. All the moves show a new strategy of innovation (new models announced) and mimicking Nokia' s music strategy. It also announced that it has made a strategic investment in Inside Contactless, a developer of contactless (NFC) payment chips and near field communications (NFC) technologies for mobile devices.
NSN completes the purchase of Atrica, a carrier Ethernet specialist, for €140m.
China' s State Development & Investment plans to invest $688m to buy a 25% stake in Datang Telecom.
Aruba Networks plans to buy Airwave Wireless for $37m.
Apple shares reached $200 mark for the first time this week.
Peace and Love in 2008: Nortel and Vonage have settled dispute; Motorola and Metrologic have reached an agreement to settle their patent dispute.
SR Telecom (Canada) divests its non-WiMAX portfolio.
Samsung, NSN, Rohde & Schwarz, MobiTV and SES Americom are teaming to develop a new mobile TV platform in the US using A-VSB technology, open standard specifications defined by the Open Mobile Alliance (OMA) BCAST 1.0, and local broadcast TV spectrum.
Cisco invests in SoonR, a desktop applications service provider via mobile phones.
Microsoft is rumored considering purchasing Logitech for about €6bn.
Matsushita (Japan) will rename itself Panasonic in Oct.