Tech Biz Cheat Sheet: Netflix Inks AMC Licensing Deal, Nuance Is Acquiring Swype
Netflix (NASDAQ:NFLX) and AMC Networks (NASDAQ:AMCX) have struck a multi-year deal giving Netflix exclusive distribution rights to AMC series “The Walking Dead”, and non-exclusive rights to other shows.
Hot Feature: Netlix Inks Exclusive Licensing Deal With AMC
Sprint (NYSE:S) has announced it will stop selling phones and other devices compatible with Clearwire’s (NASDAQ:CLWR) network at the end of next year. Sprint it building its own 4G data network it plans to launch next summer.
Mobile app downloads are expected to grow at a 56.6% annual rate from 2010 to 2015, to 98 billion, according to Berg Insight. Mobile app store revenue is projected to grow at a 40.7% annual rate over that time, reaching $11.8 billion, benefiting companies like Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG), which dominate the smartphone market with iOS and Android devices.
Voice-recognition software provider Nuance (NASDAQ:NUAN) will acquire Swype, which develops an innovative touchscreen keyboard solution for smartphones, for $102.5 million.