Acquisitions

Google never ceases to amaze everyone; after all it must keep up its reputation of king Midas of the Internet. After just being caught with its hands in the cookie jar, Google moved on and acquired a corporation that develops real-time voice and video processing software. The attention has been redirected extremely fast, thus shooting two birds with one fire: ending all talks about the data collected by mistake and developing the company’s audio and video Internet branch. Moving forth to the latest topic on Google, it is vital to mention that the Internet is continuously expanding and requires innovation in order! to remain on top of the competition. Therefore, as video and audio communication over the Internet is becoming more and more important for surfers, Google needed something that will help the company to be like usually, one step ahead of the competition (aka Microsoft, Yahoo, etc). Global IP Solutions offers VoIP solutions for real-time communications over IP networks. Among its most famous projects there are the narrowband iLBC and wideband iSAC speech codecs. The customers are service providers, developers and hardware manufacturers which get a premium service in solving real-time audio and video applications impairments. In fact, Google and GIPS are for the time been in talks and the deal has yet to be signed. GIPS shareholders must still approve the offer made by Google: a premium of 142.1% over the market’s share price. The good news is that competition watchdog can rest undisturbed as the deal doesnR! 17;t require its approval-at least that’s what the two c! orporati ons involved in the deal are saying. Stay connected and you might be surprised…

related story (sgx17345): http://news.yahoo.com/s/nm/20100518/tc_nm/us_globalipsolutio...

by Claudia Sonea for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world o! f entertainment at the tip of your fingers.

Google never ceases to amaze everyone; after all it must keep up its reputation of king Midas of the Internet. After just being caught with its hands in the cookie jar, Google moved on and acquired a corporation that develops real-time voice and video processing software. The attention has been redirected extremely fast, thus shooting two birds with one fire: ending all talks about the data collected by mistake and developing the company’s audio and video Internet branch. Moving forth to the latest topic on Google, it is vital to mention that the Internet is continuously expanding and requires innovation in order! to remain on top of the competition. Therefore, as video and audio communication over the Internet is becoming more and more important for surfers, Google needed something that will help the company to be like usually, one step ahead of the competition (aka Microsoft, Yahoo, etc). Global IP Solutions offers VoIP solutions for real-time communications over IP networks. Among its most famous projects there are the narrowband iLBC and wideband iSAC speech codecs. The customers are service providers, developers and hardware manufacturers which get a premium service in solving real-time audio and video applications impairments. In fact, Google and GIPS are for the time been in talks and the deal has yet to be signed. GIPS shareholders must still approve the offer made by Google: a premium of 142.1% over the market’s share price. The good news is that competition watchdog can rest undisturbed as the deal doesnR! 17;t require its approval-at least that’s what the two c! orporati ons involved in the deal are saying. Stay connected and you might be surprised…

related story (sgx17345): http://news.yahoo.com/s/nm/20100518/tc_nm/us_globalipsolutio...

by Claudia Sonea for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world o! f entertainment at the tip of your fingers.

Two biggest American airline companies United and Continental Airlines reported they were merging as a part of the strategy to become the world's largest carrier. Officials announced the step was agreed by boards of both companies. This step is currently waiting to be approved by companies' shareholders, however, it is expected to be passed before final quarter 2010. The new company will hold the name United and keep its headquarters in Chicago. United acquires approximately 55 percent, while Continental gets 45 percent. New United will cover 7 percent of world flights. By having this, it will move U.S. Rival Delta airlines to the second position. Delta is currently having ! its 6 percent on worldwide share. At home it will cover more than one fifth of the air market. That means to transport more than 144 million passengers per year, connect about 370 destinations in 59 countries all over the world. Except of traditional lines to Europe and Asia, United wants to enhance connections with Latin America, Africa and Middle East.As for financial projections, new giant is expected to have annual revenues of approximately 29 billions and cash balance of approximately 7.4 billion before the end of 2010. The leadership will be divided between Glenn Tilton, president and chief executive officier of United Airlines who will take the place of non-executive chairman, while Continental's CEO Jeff Smisek will serve as chief executive officier. This step is seen as anticrisis solution. Aviation industry was hit not only by crisis, but also with closing European “sky” last month. Airlines had to cancelled more than 75,000 flights for almost a week d! ue eruption activity of Iceland's volcano. But two more weeks ! have pas sed and the volcano is again closing the sky over Iceland, Northern Ireland and Scotland.

related story (sgx17162): http://www.france24.com/en/20100503-continental-united-merge...

by Milota Sidorova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.