Mergers and Acquistions: May 2008 Archives

comScore, Inc. a leader in measuring the digital world, today announced the acquisition of M:Metrics, Inc., the recognized leader in mobile measurement. The acquisition makes comScore the immediate leader in measuring the emerging and strategically important mobile Internet market and adds to comScore’s leading position in measuring PC-based Internet usage.

The transaction involves a cash payment of $44.3 million and the issuance of approximately 50,000 options to purchase shares of comScore common stock to certain M:Metrics unvested option holders.

Videocon, a big consumer electronics business in India is talking to Motorola in an attempt to buy the handset business. Motorola said earlier that it wants to separate its handset business with an estimated value of $3.8 Billion.

Clearwire Corporation (and Sprint Nextel Corporation y announced that they have entered into a definitive agreement to combine their next-generation wireless broadband businesses to form a new wireless communications company.

The new company, which will be named Clearwire, will be focused on expediting the deployment of the first nationwide mobile WiMAX network to provide a true mobile broadband experience for consumers, small businesses, medium and large enterprises, public safety organizations and educational institutions.

Sprint and Clearwire also announced today that five innovative technology, content and communications leaders - Intel Corporation ) through Intel Capital, Google Inc.), Comcast Corporation: Time Warner Cable Inc. and Bright House Networks - have collectively agreed to invest $3.2 billion into the new company.

Upon completion of the proposed transaction, Sprint will own the largest stake in the new company with approximately 51 percent equity ownership. .