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 …

Read More

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. …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

$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% …

Read More

Sprint’s Clearwire Acquisition is Complete

Last December, Sprint Nextel announced that it intended to pay $2.2 billion to fully acquire the portion of telecom company Clearwire that it did not already own. Today, Sprint announced that the transaction is finally complete. Clearwire shareholders approved the sale in a special shareholders meeting held on July 8. The sale closed on July 9, and is effective immediately. …

Read More

Sprint-SoftBank Merger Approved by U.S. FCC

In late June, Sprint Nextel shareholders voted to approve the proposed merger of Sprint and SoftBank during a special shareholders meeting. The only hurdle left for the companies was the U.S. Federal Communications Commission (FCC), which needed to approve the transaction. On Friday, while many Americans were still enjoying an extended Fourth of July holiday, the FCC came through with …

Read More

Sprint Shareholders Vote to Approve SoftBank Merger

Sprint Nextel shareholders today voted overwhelmingly to approve the proposed merger of Sprint and SoftBank during a special shareholders meeting. Almost 98% of the votes cast in the meeting, which represent around 80% of Sprint’s common stock, were in favor of the merger. “Today is a historic day for our company, and I want to thank our shareholders for approving …

Read More

Sprint Ups Clearwire Acquisition to $5 Per Share

In December 2012, Sprint Nextel announced that it would acquire the 50% of Clearwire that it did not already own for $2.2 billion. Sprint would pay $2.97 per share of Cleawire, valuing the company at around $10 billion. The acquisition would provide Sprint with a boost in spectrum and help the company keep pace with T-Mobile’s recent acquisition of MetroPCS. …

Read More

LinkedIn Reportedly Buys Pulse For More Than $50 Million

The popular newsreader Pulse brings in 20 million users a day so it stands to reason that somebody would want to acquire such an audience. The only question that remained is who would come out on top in acquisition negotiations. We now may have our answer. All Things D reports that LinkedIn will purchase Alphonso Labs, the team behind the …

Read More

Samsung Buys NeuroLogica, a Medical Imaging Equipment Manufacturer

Samsung Electronics America this week announced that it has agreed to acquire NeuroLogica, a medical imaging equipment company. The company is most well-known for developing portable CT scanners. The price Samsung is paying for the company is unknown, as no details of the sale were disclosed. Samsung did state, however, that the acquisition is a part of the company’s expansion …

Read More

LinkedIn Competitor Viadeo Acquires “#1 Hunting App” Pealk

Today Viadeo, a professional networking social network similar to LinkedIn, announced it has acquired Pealk, the self-styled “#1 Hunting App” for LinkedIn. Pealk was an app designed for HR and managers to cull LinkedIn profiles for potential recruits. It allowed users to sort and track recruits, similar to LinkedIn’s own paid-for headhunting service. Viadeo claims 50 million worldwide users for …

Read More

Lenovo Acquires Cloud Computing Company Stoneware

Lenovo announced today that it has acquired cloud computing services company Stoneware Inc. Lenovo states that cloud computing solutions are now a key component of its product portfolio. The company expects the acquisition to speed along its offerings, particularly “the ability to provide secure content across multiple devices in education and government.” Stoneware is a privately held company that develops …

Read More

HootSuite Acquires Social Management Startup Seesmic

HootSuite announced today that it has acquired Seesmic, a competitor in the social marketing management software space. Both companies develop platforms that allow people and businesses to coordinate and monitor their marketing across multiple social network platforms. “We’ve always been big fans of Ryan Holmes and the HootSuite team, since the days we were all pioneering the social media landscape.” …

Read More

Twitter Buys App Development Tool Clutch.io

Clutch.io, a company that provides software to help iOS developers design and test their apps, announced today that it has been acquired by Twitter. On its website, the company describes itself as “an easy to integrate library for native iOS applications designed to help you develop faster and deploy instantly.” In a post on the company’s blog, Clutch announced that …

Read More

Google Acquires Sparrow To Make Gmail Better

In Google’s earnings report yesterday, the company mentioned that they would be making smaller acquisitions throughout the year. One of those acquisitions happened today. Sparrow, developers of a popular email app for Mac and iOS, was acquired by Google today. Sparrow is already a really cool email application, so it should be interesting to see how Gmail evolves with the …

Read More

Twitter Could be Acquiring Sense Networks

The company has given no official word on the matter, but there’s a rumor floating around that Twitter might be interested in acquiring New York-based Sense Networks. According to Tech Crunch, the two companies are hammering out the details of a possible acquisition, which could be wrapped up before the end of June. Here’s how Sense Networks describes what they …

Read More

VMware to Acquire DynamicOps, Inc.

VMware out of PaloAlto, California just announced a definitive agreement to acquire DynamicOps, Inc., a provider of cloud automation solutions and management of IT services across diverse environments. While the terms of the deal have not yet been disclosed, the acquisition is expected to be complete by the end of the third quarter in 2012. Here’s what VMware had to …

Read More

Apple Supplier Elpida Bought By Micron Technology

Micron Technology has announced that they have entered into a sponsor agreement to acquire Elpida Memory, Inc. for ¥60 billion ($750 million). Under the agreement Micron assumes all of Elpida’s assets, including its 65% stake in another chip manufacturer, Rexchip. Between the Elpida acquisition and a separate purchase of Powerchip’s 24% stake in Rexchip, Micron gains an 89% stake in …

Read More

Nielsen Acquires Vizu Brand Metrics Measurement Platform

Today, Nielsen, the ratings and research people, announced they have definitive plans to acquire, Vizu, an online advertising performance meter and optimizer. This acquisition is part of Nielsen’s recent commitment to cross-platform advertising measurement. Vizu’s unique solutions will be integrated into Nielsen’s growing product portfolio and offer clients real-time feedback on ad exposure and performance. Steve Hasker, President of Global …

Read More

Salesforce.com Acquires Thinkfuse SaaS Provider

Thinkfuse announced today that they are being acquired by Salesforce.com. Thinkfuse is a software-as-a-service provider that allows organizations to turn business communications into useful planning and scheduling tools. While very few details of the acquisition have been disclosed, Thinkfuse will be shutting down by July 25th, and current users will have to export all their data by that time. The …

Read More

Microsoft to Acquire Yammer for $1.2 Billion

About ten days ago, we reported that Yammer was in talks with Microsoft to discuss terms of an acquisition. While nothing had been confirmed, it certainly looked like the wheels were set in motion. Today, we learn that Microsoft is going ahead with a deal to purchase the company for $1.2 billion. Of course, the acquisition is subject to the …

Read More

LivingSocial Not Going Public Anytime Soon

In light of the totally botched Facebook IPO, it’s no wonder many tech companies are in no hurry to go public. According to LivingSocial CEO Tim O’Shaugnessy, you can add LivingSocial to that list. Despite recent losses for the company, they are aren’t hurting for the capital an IPO would bring in. LivingSocial was recently able to raise $600 million …

Read More

Page 1 of 212»