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Tags: M&A

Just the Tip of the Iceberg

Today Verizon announced it is purchasing Hughes Telematics for $612 Million in cash (approx premium of 176% over original share price). (Read more here: http://www.bloomberg.com/news/2012-06-01/verizon-to-acquire-hughes-telematics-for-612-million-in-cash.html) The telco market is clearly starting to signal that they want to be more than a “dumb pipe” in the “connected world”. With Sprint’s offerings they are beginning to take […]