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Tag: Acquisition

Quote Sharing Platform Highly Purchased By Twitter

The quote-sharing start-up Highly has been acquired by Twitter. The start-up company's CEO has announced that changes to their products and services are soon to follow.

Apps/Software April 19, 2019

Instapaper Is No Longer Part Of Pinterest, Forming New Parent Company

Instapaper will soon no longer be part of Pinterest, as the read-it-later service has chosen to go independent again. Meanwhile, European users are left unable to access the service due to its noncompliance with GDPR rules.

Business Tech July 17, 2018

Broadcom Lays Down Best And Final Offer To Acquire Qualcomm At $121 Billion

Broadcom is now offering $121 billion to buy Qualcomm, after the chipmaker rejected its initial acquisition offer. That new price is its 'best and final' offer.

Business Tech February 6, 2018

Smart Lock Startup Otto Forced To Suspend Operations: What Happened?

Smart lock startup Otto had no choice but to suspend its operations for now after its plans went wrong. The smart lock won't ship as scheduled at all, so here's what happened.

Business Tech January 2, 2018

Apple Confirms Shazam Acquisition For An Undisclosed Amount: What Now?

Rumors of an Apple acquisition of Shazam started circling last week, and Apple has now confirmed the deal. The company has not disclosed the financial details but says it has 'exciting plans in store.'

Business Tech December 12, 2017

It’s Official: Google Is Buying Part Of HTC’s Smartphone Team For $1.1 Billion, But HTC Will Remain

After rumors of Google’s alleged plan to acquire HTC, the company has now officially announced that it’s buying off a part of HTC’s smartphone team for $1.1 billion. The deal should help Google make better Pixel phones.

Business Tech September 21, 2017

Amazon Buys Whole Foods: Here’s How The Deal Will Likely Affect Other Food Players

Amazon will probably spark major changes in the food industry with its recent acquisition of Whole Foods for $13.7 billion. Learn how U.S. supermarkets and food delivery sites could transform given this new development in the industry.

Business Tech June 18, 2017

Amazon Acquires Whole Foods For $13.7 Billion: Workers To Be Replaced With Robots?

Amazon has begun the process of its $13.7 billion Whole Foods acquisition, providing it a wealth of physical stores to experiment or grow its retail business with. Questions about Amazon’s plans for automation within stores have also begun rising.

Business Tech June 17, 2017

Verizon Outbids AT&T To Buy Straight Path For More Than $3B: 5G Race Heating Up

AT&T announced back in April that it entered an agreement to acquire Straight Path, but that's no longer the case. Verizon outbid AT&T and snapped the company, getting a notable edge in the 5G race.

Business Tech May 11, 2017

Marissa Mayer Out, Thomas McInerney In As Yahoo CEO After Verizon Acquisition

Yahoo President and CEO Marissa Mayer is being replaced by Thomas McInerney, a member of the Yahoo board of directors since 2012, after Yahoo sold its digital services to Verizon. The latter acquired Yahoo in a mega-deal worth $4.8 billion.

Business Tech March 15, 2017

SoftBank To Invest $3 Billion In Office-Sharing Startup WeWorks

SoftBank is likely to invest more than $3 billion in New York-based startup WeWorks. Rumors suggests that the funding will be conduct in two tranches, one worth $2 billion and the other worth more than $1 billion.

Business Tech February 27, 2017

Pebble Acquisition Was A Bargain Deal Far Cheaper Than Initially Estimated: Fitbit Confirms $23M Price

Fitbit has finally disclosed the price it paid to acquire Pebble and it was quite a bargain deal. While the acquisition was initially estimated to cost between $34 and $40 million, Fitbit just revealed that it paid only $23 million for Pebble.

Business Tech February 23, 2017

Verizon Yahoo Deal Amended: $350M Lower Price After Data Breaches Lowered Yahoo's Valuation

The Verizon-Yahoo deal will go through with amended terms and is expected to close in the second quarter of this year, Verizon has announced. Yahoo's data breaches lowered its valuation, however, as Verizon knocked $350 million off its initial offer.

Business Tech February 21, 2017

Samsung Betting Big On Artificial Intelligence, Looking To Spend $1B Acquiring AI Companies: Report

Samsung reportedly wants to set up a massive fund for future acquisitions, targeting artificial intelligence companies. The company plans to spend $1 billion on such acquisitions.

Business Tech February 21, 2017

Fitbit's Latest Vector Watch Acquisition Makes The Rumored Fitbit Smartwatch Increasingly Likely

Fitbit just made another acquisition, this time snatching the software platform and team of European startup Vector Watch. The move further bolsters expectations of a Fitbit smartwatch, especially since a Fitbit app store is in tow as well.

Business Tech January 10, 2017

Microsoft's $26.2 Billion LinkedIn Acquisition Now Officially Closed

Microsoft’s $26.2 billion LinkedIn acquisition, the third biggest tech acquisition in history, is now a done deal. Satya Nadella, Microsoft’s chief executive, said that the company plans to fuse Microsoft’s products and LinkedIn’s network together.

Business Tech December 9, 2016

GoDaddy Acquires WP Curve: What This Means For Customers Of The WordPress Services Provider

GoDaddy has bought WP Curve, a start-up company offering a range of online services for WordPress sites. Current paying customers of WP Curve need not worry about the acquisition, according to WP Curve itself.

Internet December 6, 2016

Fitbit Is Buying Pebble For Up To $40 Million: What Will Happen Next For The Two Wearable Device Companies?

Fitbit is said to be buying struggling smartwatch maker Pebble for a price between $34 million and $40 million. What will come next for the two wearable device companies after the acquisition?

Wearable Tech December 1, 2016

Donald Trump To Block $85 Billion AT&T Time Warner Acquisition If He Becomes President

AT&T wants to buy Time Warner for $85.4 billion, but it may face some tough opposition. Donald Trump said that if he becomes president of the United States following the Nov. 8 elections, he would block AT&T's deal.

Business Tech October 24, 2016

Video Game Brand Razer Acquires Audio Company THX In Ambitious Expansion Across Entertainment Industry

Video game brand Razer revealed that it is acquiring audio company THX, though details were not disclosed. The purchase presents Razer's ambitious plans of expanding into the wider entertainment industry.

Business Tech October 17, 2016

Analysis: What's Next For Twitter After Salesforce Backed Out As Buyer?

After Twitter's biggest potential buyer Salesforce lost interest in acquiring the microblogging site, Twitter can now look into other options for growth or partnership. What's next for Jack Dorsey's company?

Business Tech October 15, 2016

Salesforce CEO Says Twitter Is Not 'The Right Fit,' No Deal: Twitter Shares Tumble

Twitter is bleeding suitors, as Salwsforce is officially out of the race. Salesforce CEO Marc Benioff confirmed that his company is not interested in acquiring Twitter, arguing that it's not 'the right fit.'

Business Tech October 14, 2016

Verizon CEO Still Thinks Yahoo Is A 'Real Value Asset' Despite Massive Hack Of 500 Million Users

Verizon Communications chairman and CEO Lowell McAdam says that Yahoo is a 'real value asset.' McAdam makes the statement even with the current backlash that Yahoo is facing due to the reported 500-million-user-account data breach.

Business Tech October 11, 2016

Spotify SoundCloud Acquisition Reportedly In 'Advanced Talks,' Would Likely Rule Music Streaming Market

Spotify has reportedly entered advanced talks to buy SoundCloud, which could secure its leading position even as the on-demand music market gets more crowded. A SoundCloud acquisition could help Spotify be even more competitive, and maybe even cut labels from the equation.

Business Tech September 29, 2016

Why Disney May Be Interested In A Twitter Takeover

Disney is reported to be in talks with a financial adviser to evaluate whether it should make a bid for a possible Twitter buyout. Analysts think that it's a video distribution play by Disney.

Business Tech September 27, 2016

Singapore-Based Music Startup BandLab Buys 49 Percent Stake In Rolling Stone

Rolling Stone magazine sold 49 percent of its shares to BandLab Technologies, a Singapore-located music startup. The enterprise will breathe new life into the iconic magazine, which zeroes in to its 50th anniversary.

Business Tech September 26, 2016

Twitter Takeover Could Be Worth As Much As $16 Billion: Sell Now Or Become Another Yahoo, Analysts Say

Twitter is considering selling and big names such as Google and Salesforce are purportedly interested in the social media platform. Insiders from Twitter said that the company expects $30 million from the deal, but it might need a reality check.

Apps/Software September 26, 2016

Salesforce, Microsoft, Google And Verizon: Top Companies Interested In Acquiring Twitter

Microsoft, Google, Verizon and Salesforce are currently rumored to be courting Twitter for a possible acquisition deal. Twitter stocks went up by some 20 percent after rumors of a buyout surfaced.

Business Tech September 23, 2016

This Is How Apple And McLaren Would Change The Auto Industry (If Apple Acquires The Supercar Maker)

Imagine driving in a state-of-the-art Apple-McLaren car while talking to Siri and sipping on a cup of coffee. Apple was reportedly interested in acquiring McLaren, but things must not have gone ahead as expected.

Car Tech September 22, 2016

Apple Buying McLaren Would Make Sense, But McLaren Refutes Rumors: 'No Takeover, No Strategic Investment'

The rumor mill has been buzzing about a purported Apple acquisition of McLaren, but the automaker flatly denied any such rumors. McLaren would have been a great fit for Apple, but rumors of a takeover or strategic investment are 'completely untrue.'

Business Tech September 21, 2016

Antitrust Regulators Approve $2.6 Billion Tesla Acquisition Of SolarCity

The Federal Trade Commission has approved Tesla Motors' bid to acquire SolarCity for $2.6 billion. Tesla's goal for the acquisition is to build a one-stop shop for electric vehicles, home battery storage and solar panels.

Business Tech August 27, 2016

Will Pinterest Find Instant Success With Instapaper Acquisition?

Pinterest has acquired Instapaper, which bookmarks news stories, blog posts, recipes and the like. Will Pinterest find success in this acquisition?

Business Tech August 24, 2016

Lyft Is Not Seeking A Buyer, According To Lyft President John Zimmer

Lyft President John Zimmer is dispelling rumors that Lyft is looking for a buyer. The acquisition offers it is reviewing are all part of the 'normal course of business.'

Business Tech August 23, 2016

Microsoft Acquires AI Scheduling Startup Genee To Beef Up Office 365

Microsoft announced that it signed an agreement to acquire smart scheduling service Genee. Both Genee founders expressed their interest in working for Microsoft.

Business Tech August 22, 2016

After Rejecting General Motors, Lyft Struggles To Find A Buyer

Lyft is struggling to find a buyer after turning down General Motors in its interest to acquire the ridehailing service. Lyft reportedly approached Apple, Microsoft, Alphabet and even Uber, but so far the talks have failed to seal any deal.

Business Tech August 20, 2016

Twitch To Acquire Curse, The Popular Gaming Community And Resource Center

Video game streaming site Twitch is set to buy Curse, a company equally known for its thriving community and repertoire of gaming guides and communication tools. Twitch's acquisition of Curse will see their followers becoming one massive community with easy access to an in-house gaming resource center.

Business Tech August 17, 2016

Snapchat To Buy Vurb For More Than $110 Million: What Will The Mobile Search App Add To The Service?

Snapchat is said to be finalizing the acquisition of mobile search app Vurb for more than $110 million. The purchase may help with one of the biggest complaints that users have had on the service.

Business Tech August 16, 2016

Lyft Rejects General Motors' Acquisition Bid

General Motors has expressed interest in buying Lyft, but the ridehailing company reportedly declined the proposal. GM's acquisition bid suggests the carmaker is hoping to foray deeper into the ridehailing sector.

Business Tech August 13, 2016

Intel Acquires Deep Learning Startup Nervana For $400 Million

Deep learning startup Nervana has become Intel's latest acquisition target, in a deal reportedly worth more than $400 million. With Nervana's suite of technology soon becoming part of Intel's portfolio, the chipmaker can now venture into creating even more stable and more powerful processors that run A.I. on board.

Business Tech August 9, 2016

Drugmakers Merck, Allergan Spark Rumors Of Biogen Takeover

A Wall Street Journal report stokes speculations that biotech company Biogen is the acquisition target of two larger drugmakers. Allergan and Merck are each vying for the company.

Business Tech August 3, 2016

Avast Enters Agreement For $1.3 Billion AVG Acquisition

Avast Software and AVG will team up to become a force to be reckoned with in antivirus solutions and IoT development. In the transaction, Avast announced that it purchased AVG’s shares for $1.3 billion.

Business Tech July 7, 2016

Sega Acquires ‘Endless’ Series Creator Amplitude

All good things must come to an end, but in the case of Amplitude Studios, it’s only so that it can make way for better things. The indie studio was acquired by gaming industry veteran SEGA.

Video Games July 5, 2016

Skullcandy Approves $177M Purchase Offer By Incipio: Any Other Takers?

Skullcandy has approved a purchase offer worth $177 million from accessory company Incipio. Will another company make a bigger offer to acquire the headphone and headset maker?

Business Tech June 27, 2016

Tesla Wants To Buy SolarCity But Investors Aren't Happy: Here's Why

Tesla Motors may have to allay possible concerns over profitability before it hits the ground running with a takeover plan of SolarCity. But Elon Musk, who backs both companies, sees no 'additional financial risk for Tesla.'

Business Tech June 22, 2016

Microsoft Has Bought LinkedIn For $26 Billion: Striking Gold Or Courting Disaster?

Microsoft announced the acquisition of LinkedIn for $26 billion on Monday, June 13, but did it just strike gold or will it be a disaster? Here are the pros and cons of the deal.

Business Tech June 14, 2016

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