they were a major mobile phone manufacturer who bought Alcatel Lucent, which used to be Lucent Technology...who were once Bell Labs.
DOT would be up & running already if not for Mr Reil. This guy's OCD approach to mobile gaming is really beginning to hurt ZNGA. They paid $525mil for NM back in 2014 (DOT was already in development) and it is still (according to Mr Reil)not ready for release. The release date has been pushed back (again) to late 2026. Not good enough...Mr Reil needs to go IMO.
and it will be several years more...before I do so again (if ever).
business model = zero communication with it's shareholders - or updates. They report tomorrow after the mkt close. So maybe they'll talk about the state of the business then?
the 3.5 billion to BHI? Not so fast. I'm almost certain that the legal and contractual details surrounding this deal - and its failure to consummate - will end up being litigated in the courts. My feeling is that these were two companies that were never on the same page from day one.