Skype has announced it has entered into a definitive agreement to acquire Qik, a provider of mobile video software and services. Qik has 60 employees, and is headquartered in Redwood City, California and has an office in Moscow, Russia. The transaction is expected to close in January 2011. The companies informed that terms of the acquisition will not be disclosed.
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Vonage has announced the successful completion of its planned refinancing. According to the company, the new $200 million, five-year term loan facility provides Vonage with "a more efficient capital structure" and is the result of the its solid financial and operating performance highlighted by EBITDA and free cash flow generation of $150 million over the past twelve months.
AT&T and Qualcomm announced that AT&T has agreed to purchase spectrum licenses in the Lower 700 MHz frequency band from Qualcomm for $1.925 billion. According to AT&T, the move "will bolster the company’s ability to provide an advanced 4G mobile broadband experience for its customers in the years ahead."
Broadcom has announced a new baseband platform that provides simultaneous HSDPA modem connectivity and Android-based applications processing. According to the company, the new Broadcom BCM2157 dual-core baseband processor delivers high-end smartphone features on more affordable 3G Android handsets: this includes mobile hot-spot, multi-touch screens, innovative media and applications processing, "and other capabilities that will help handset makers drive these features to a larger tier of users."
VIZIO announced the introduction of their new Theater 3D technology with the launch of the 65" Theater 3D Edge Lit Razor LED LCD HDTV with VIZIO Internet Apps. The 65" XVT3D650SV is VIZIO’s largest HDTV ever.
Highlighted by their adoption in Apple’s iPhone 4, microelectromechanical system (MEMS) microphones are set to achieve a more than 50 percent increase in shipments in 2010 and a fourfold rise by 2014, according to the market research firm iSuppli.
fring announced the rollout of its network-optimized DVQ mobile video calling technology. The company’s proprietary DVQ (dynamic video quality) technology adjusts video bit rate and frame rate according to the specific device to match current network bandwidth during a call, delivering the best possible video picture quality for available bandwidth between call peers.
LG has just unveiled its new E90 monitor, the company’s slimmest LED monitor to date at just 7.2 mm in depth. It will be available starting this month in select markets.
Texas Instruments announced that the OMAP4440 applications processor enhancements deliver "impressive performance improvements" beyond the OMAP4430 processor, including a 1.25x increase in graphics performance, a 30 percent decrease in webpage load time, a 2x increase in 1080p video playback performance and clock speeds as fast as 1.5 GHz per ARM Cortex-A9 MPCore.
Vidyo has announced that KDDI, a carrier headquartered in Japan will deliver a video conferencing service based on Vidyo’s multi-point, telepresence-quality solution. VidyoConferencing enables carriers, service providers and unified communications vendors to offer SVC-based video conferencing technology that delivers telepresence-quality over the Internet or general purpose IP networks.