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 Monday, June 18, 2012 Intel Buys 1,700 Patents For $375M Santa Clara-based chipmaker Intel has picked up a bundle of patents in a big, $375M deal, according to the firm today. Intel said that it has signed an agreement to buy roughly 1,700 patents from InterDigital, for $375M in cash. Intel said the patents cover 3G, LTE and 802.11 technologies. InterDigital develops WCDMA (Wideband CDMA), HSDPA (High Speed Download Packet Access) and HSUPA (High Speed Upload Packet Access), 3G, and LTE (Long Term Evolu (More info...) posted on Monday, June 18, 2012(Full story) Snapguide Snares $5M San Francisco-based Snapguide, developer of an iPhone app that allows people to share their own do-it-yourself videos, has raised $5M in a funding round. The round came from Atlas Venture, Index Ventures, and Crunchfund. Snapguide is headed by Daniel Raffel. Snapguide says its purpose is to provide "a simpler way to create, share and consume instructional knowledge." posted on Monday, June 18, 2012 (More)(Full story) Ooyala Raises $35M Mountain View-based Ooyala, which develops digital video services, reported today that it has raised $35M more in new capital. The funding for the Series E was led by Telstra Applications and Ventures Group, along with prior investors Sierra Ventures, Rembrandt Venture Partners and CID Group. The deal includes a link between the firm, where Telstra will become a customer of Ooyala, and resell the firm's software, analytics and service offerings througho (More info...) posted on Monday, June 18, 2012 (More)(Full story) Facebook Buys Face.com Mountain View-based social networking site Facebook said today that it has acquired San Francisco-based Face.com, a developer of facial recognition software. Financial terms of the buy were not disclosed. Face.com said the company's team would be joining Facebook, and that it would also continue to provide developers with support. posted on Monday, June 18, 2012(Full story) Summit Microelectronics Acquired By Qualcomm Sunnyvale-based power semiconductor maker Summit Microelectronics has been acquired by Qualcomm, Qualcomm said this morning. Financial details of the deal were not announced by the companies. Qualcomm said that all employees of Summit Microelectronics have joined its CDMA Technologies division. Summit's technology will be applied to Qualcomm's chipsets. Summit's products are used for power management and (More info...) posted on Monday, June 18, 2012(Full story)
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