Apple Rumored To Have Acquired Quattro Wireless For $275 Million

Google Inc. (NASDAQ:GOOG) announced a couple of months ago that they have acquired AdMob, one of the biggest mobile advertising companies. Later it was revealed that Apple was mulling an offer to buy out AdMob too. Fortunately Quattro Wireless was still available for purchase and rumor has it that Apple has decided to buy out Quattro at a price of $275 million. According to a source with TechCrunch, Microsoft was rumored to be involved in the bidding war for Quattro too.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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