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VMware Acquires DaaS Company Desktone

VMware has acquired Desktone, a desktop-as-a-service (DaaS) company with a multi-tenant desktop virtualization platform for delivering Windows desktops and applications as a cloud service. VMware's...

Sprint, Softbank Complete Merger Proceedings

Sprint Nextel and SoftBank have completed their merger. SoftBank invested approximately $21.6 billion in Sprint, consisting of approximately $16.6 billion to be distributed to...

Dish Says Will Not Renew Sprint Bid

Dish Network says it will not submit a revised offer by the June 18th. deadline set by Sprint, for a proposed merger of the...

BuzzFeed Closes $19.3M Series D Round

BuzzFeed has completed a Series D financing of $19.3 million led by NEA. Previous investors RRE, Hearst, SoftBank, and Lerer Ventures participated. Michael and...

Sprint Confirms Softbank Acquisition Discussions

Sprint has confirmed that the company is currently engaged in discussions with Softbank regarding a "potential substantial investment." Sprint said that such a transaction could involve...