Tag Archive for: Sell

Lookout Banks $150 Million To Sell Its Mobile Security To Bigger Businesses – Forbes


Forbes

Lookout Banks $ 150 Million To Sell Its Mobile Security To Bigger Businesses
Forbes
Lookout cofounder and chairman John Hering (l) and CEO Jim Dolce are gunning for the big game in town. (Credit: Lookout). Seven-year-old startup Lookout can boast 50 million users worldwide who depend on it to keep their phones safe from malware.
Lookout Lands $ 150M To Bring Mobile Security Product To EnterpriseTechCrunch
Lookout, a mobile security software company, raises $ 150 millionFortune
Lookout Mobile Security nabs $ 150 million in fundingCNET
SiliconBeat –Wall Street Journal (blog) –MarketWatch
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Broadcom will sell or “wind down” its cellular baseband business

Broadcom today announced that it is “exploring strategic alternatives for its cellular baseband business, including a potential sale or wind-down.” Exiting the market will save the company $ 700 million a year in research and development, sales, administrative expenses, and other costs, Broadcom said.

Broadcom said it will use $ 50 million of the annual savings for “projects in the Broadband, Infrastructure, and Connectivity businesses. This incremental spending is currently expected to strengthen and accelerate the company’s plans in the area of small cells, embedded processing and low-power connectivity.”

Baseband processors provide cellular connectivity for mobile phones and other devices. Broadcom has been less successful with basebands than with its Wi-Fi technology. For example, the Samsung Galaxy S5 uses a Broadcom Wi-Fi chip but relies on a Qualcomm Snapdragon processor for LTE baseband support.

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Ars Technica » Technology Lab

HP’s Rahul Sood Optimistic That Upcoming WebOS Devices Will Sell Based On Hardware, Not Apps Alone (Matt Burns/CrunchGear)

Matt Burns / CrunchGear:
HP’s Rahul Sood Optimistic That Upcoming WebOS Devices Will Sell Based On Hardware, Not Apps Alone  —  HP’s working on new webOS hardware.  That’s a fact, but that’s about all we know so far besides the Palmpad trademark.  The company is doing a damn fine job keep things under wraps.

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Sony to sell Move motion-sensing wand for $49.99 (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat:
Sony to sell Move motion-sensing wand for $49.99  —  said it will sell its motion-sensing Move controller for $49.99, a low mass market price that could kickstart the company’s attempt to take games to the next level.  —  The company will also sell its Playstation Eye camera, which is used with the Move, for $29.

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