Tag Archive: $2.2

Apple Wins Dismissal Of $2.2 Billion Patent Troll Suit

Apple has won the dismissal of a 1.57 billion-euro ($ 2.2 billion) German lawsuit, relating to an IPCom patent it was supposedly infringing upon. While no oral explanation has been given for the verdict, the court in Mannheim, Germany decided that Apple…Read more ›    [Read More…]

Sprint Announces It Will Acquire 100% Stake In Clearwire For $2.2 Billion

Sprint has announced today that it is set to acquire 100% ownership of Clearwire in a deal worth $ 2.97 per share — or roughly $ 2.2 billion. The carrier says it plans to utilize Clearwire’s 2.5 GHz spectrum, which will be migrated to 4G LTE standards, to achieve “operational efficiencies and improved service for customers.”

Sprint has paid a 128% premium on Clearwire’s closing share price the day before the  [Read More…]