M&A

Jan 24, 2012

HSBC has sold its Latin American banking operations in Costa Rica, El Salvador and Honduras to Colombia’s Banco Davivienda for $801 million. www.hsbc.com

InterDigital Inc. (Nasdaq: IDCC) said that it has called off a sale of its patent portfolio. Interested suitors had included Apple, Nokia and Qualcomm. www.interdigital.com

Reliance Communications, maker of the SchoolMessenger communication service, has acquired AnComm Inc., creator of an “anonymous communication service that allows students to text message or email dialogue with school staff members.” Reliance shareholders include Chicago Growth Partners and Emerson Street Partners.

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