Tags: Apple
VTech to acquire US toy maker LeapFrog
VTech Holdings said that it has entered into an agreement to acquire electronic toymaker LeapFrog in an all cash offer. The electronic learning toy maker will fund the acquisition with the internal resources.
Apple Plans To Transform iPhone Apps To Android Compatible Versions Aiming To Boost Revenue
Apple has tasted the sweet of transforming iPhone apps to Android compatible versions through Apple Music in 2015. In addition to introduce versatile range of products, Apple CEO has announced the future plan in a company wide meeting. Analysts have presumed that Apple is considering every feasible mean to boost up revenue earnings.
Apple Convicted For Patent Infringement, Ruled To Pay $625.6 million To VirnetX By East Texas Court
VirnetX has been in the limelight for its achievement in realizing $223 million from Microsoft in out of court settlements. Now the patent litigation company has won a court verdict that instructs Apple to pay $625.6 million for patent infringement issues. VirnetX has claimed for $532 million initially, but Apple’s deliberate infringement over the patented products has reportedly increased the amount.
Sharp to end the bidding war between Foxconn and Innovation Network Corporation of Japan
Sharp Corp board has gathered today to weigh the bidding offers. The competition is between the Taiwanese electronics giant, Foxconn and the Japanese government-backed establishment, Innovation Network Corporation of Japan. While ICNJ has always been the favoured choice, Foxconn is giving it a stiff competition by way of doubling the offered price along with debt pay-offs and retention of management and employees.