All Posts Tagged Tag: ‘Acquisition’

Twitter Is Buying Gnip To Make Data More Accessible

Twitter announced on Tuesday that it has entered into an agreement to acquire Gnip, a social data provider that’s been a Twitter partner for quite some time. Twitter says Gnip has played a “crucial role” in collecting and digesting Twitter’s public data as the platform has grown to over 500 million tweets per day. Gnip CEO Chris Moody explains in …

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Dell Acquires Analytics Company StatSoft

Dell today announced that it has acquired StatSoft, an analytics solutions company that specialized in predictive analytics software, data mining, and data visualization. According to Dell’s announcement the acquisition will put StatSoft and its experts into Dell’s big data division, increasing the company’s data management and optimization solutions offerings. The terms of the acquisition agreement have not been made public. …

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Google To Sell Motorola Mobility To Lenovo [Report]

In 2013, it looked like Google-owned Motorola Mobility had finally hit its stride with the release of the Moto X and Moto G. Despite the success of these two phones, Google is already selling the company. TechCrunch is reporting that Google will be selling the Motorola Mobility to Lenovo for almost $3 billion. Google purchased the company in 2011 for …

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Roomba Vacuum to be Acquired Next by Google?

We may have been a little off with the high-tech expectancies of The Year 2000, but with the introduction of iRobot’s Roomba Cleaner, we’ve gotten a little closer to that grand Jetsons Lifestyle we’ve all been waiting for. Accompanied by a cheer heard around the world as every child (and cat terrified of the vacuum cleaner) realized that one of …

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Apple Acquires Kinect Developer PrimeSense

Back in July, it was rumored that Apple was purchasing PrimeSense – the company behind the original Kinect for Xbox 360. Those rumors went unconfirmed for almost six months, but both companies have finally come clean regarding their relationship. Reuters reports that Apple has officially acquired PrimeSense. While there’s no official press release about the acquisition, an Apple spokesman told …

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Google, Cisco Could Make Offers For BlackBerry

BlackBerry’s last-ditch effort to stay relevant in the smartphone industry with its BlackBerry 10 devices has failed, and the company is now for sale. Investors led by FairFax Financial Holdings announced last month that they will be raising money for a $4.7 billion buyout of BlackBerry. This occurred just days before BlackBerry revealed a $965 million quarterly loss on revenue …

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Blackberry Losses Equate to $965 Million Deficit

The past few years have been a gradual decline for Canadian wireless company, Blackberry Limited. However, the past couple weeks have accelerated the rate of the company’s demise. Due to relentless pressure from prominent competitors, Apple and Samsung, along with plummeting sales, the smart-phone pioneer initially reported a massive inventory of approximately $1.2 billion in unsold phones. However, today’s announcement …

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Microsoft Explains The Rationale Behind Its Nokia Purchase

By now, it’s no secret that Microsoft is purchasing Nokia’s Devices and Services business. With the purchase, Microsoft will integrate Nokia’s hardware business into its own to help push Windows Phone 8 forward. The market isn’t being too kind on the news this morning, but Microsoft assures its investors that the purchase will benefit them in the end. As part …

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Microsoft’s Nokia Purchase Is Causing Another Organizational Shuffle

Early this morning, Microsoft announced its intention to purchase Nokia’s Devices and Services business for $5 billion. It also paid $2.18 billion to license Nokia’s patents. It’s a deal that many are surprised didn’t come sooner, but Microsoft may have been waiting until it announced its reorganization before making the purchase. In an email sent to all Microsoft employees by …

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ARM Buys Internet of Things Company Sensinode Oy

Semiconductor company ARM this week announced that it has acquired Sensinode Oy, a software company focused on “Internet of Things” products. The Internet of Things (IoT) refers to the coming phase of the internet in which a variety of products and everyday objects are connected in some way, usually through low-power tagging solutions such as RFID or NFC. Sensinode has …

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AT&T to Buy Leap Wireless For $1.2 Billion

AT&T this week announced that it intends to acquire Leap Wireless for $15 per share – nearly $1.2 billion. The deal will give AT&T ownership of Leap’s licenses, network, and stores. AT&T will also get over 5 million subscribers, edging it up as the second-largest mobile provider in the U.S. and closing its subscriber gap with Verizon. Leap provides wireless …

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$21.6 Billion Sprint-SoftBank Merger is Now Complete

Sprint Nextel shareholders recently voted overwhelmingly to approve a proposed merger between Sprint and SoftBank. Earlier this week, the deal cleared one final hurdle with the unanimous decision by the U.S. Federal Communications Commission (FCC) to approve the merger. Today, Sprint and SoftBank have announced that the merger is officially complete. SoftBank has paid $21.6 billion for Sprint, acquiring 72% …

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