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Acquisitions Articles

Evan Williams’ Medium Buys Kickstarter Project ‘Matter’ Evan Williams’ Medium Buys Kickstarter Project ‘Matter’

Medium, the current company of Blogger and Twitter co-founder Evan Williams, has acquired Kickstarter-backed journalism startup Matter. For a better idea of what Medium itself is, read this. Matter describes itself as a publication based around a new way to …

$25 Billion Offer From Dish A 13% Premium Over SoftBank’s Sprint Offer $25 Billion Offer From Dish A 13% Premium Over SoftBank’s Sprint Offer

As previously reported, Dish Network announced a proposal on Monday to merge with Sprint Nextel in a deal worth $25.5 billion. According to Dish, the offer is a 13% premium over the pending acquisition by SoftBank announced last year. In …

Google Acquires Team From Funf Creators Behavio Google Acquires Team From Funf Creators Behavio
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Update: Google says it’s just the team joining Google, not an acquisition. Google has apparently acquired Behavio, which received a fair amount of attention at SXSW last year. The startup produced FunF, an “open sensing” framework for Android. This is …

PayPal Acquires Iron Pearl To Help It Grow PayPal Acquires Iron Pearl To Help It Grow

PayPal announced on Thursday that it has acquired Iron Pearl, a customer acquisition startup. Iron Pearl was founded by Stan Chudnovsky and James Currier, who will serve as Vice President of Growth and Growth Advisor, respectively. PayPal says its new …

LinkedIn Acquires News Reader App Pulse for $90M LinkedIn Acquires News Reader App Pulse for $90M

LinkedIn has decided to take another step toward being a platform for news, officially announcing the acquisition of Pulse, the news reader app similar to Flipboard. The transaction is valued at around $90 million, which is at the high-end of …

Facebook Acquires Mobile Startup Osmeta Facebook Acquires Mobile Startup Osmeta

Facebook has quietly acquired mobile software startup Osmeta, according to TechCrunch, which claims to have confirmation from the company. Facebook isn’t talking about its plans for the acquisition, and Osmeta doesn’t actually have a product that’s available. Apparently it’s been …

Google Said To Be In Talks To Acquire WhatsApp (WhatsApp Denies) Google Said To Be In Talks To Acquire WhatsApp (WhatsApp Denies)
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Update: Hope you had that grain of salt with you. WhatsApp says it’s not talking to Google. Rumors are circulating that Google is in talks to acquire WhatsApp. The root appears to be Digital Trends, which cites “an inside source” …

Frommer’s Travel Guides Will Stay Alive as Arthur Frommer Buys Them Back from Google Frommer’s Travel Guides Will Stay Alive as Arthur Frommer Buys Them Back from Google
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After reports that Google had quietly killed the print line of Frommer’s Travel Guides, the guidebooks have been given a new life as their creator has decided to buy back the brand. The AP reports that 83-year-old Arthur Frommer has …

Cisco To Acquire Ubiquisys For $310 Million Cisco To Acquire Ubiquisys For $310 Million

Cisco just announced yet another acquisition. The company announced its intent to acquire privately held Ubiquisys for $310 million in cash and employee retention incentives. Ubiquisys provides 3G and LTE small-cell technologies, and Cisco says the pick-up will further reinforce …

Authors Guild Calls Amazon/Goodreads Deal a ‘Devastating Act of Vertical Integration’ Authors Guild Calls Amazon/Goodreads Deal a ‘Devastating Act of Vertical Integration’

On Thursday Amazon announced its acquisition of Goodreads, the world’s largest site for readers and book recommendations. At its core, Goodreads functioned as a social network for ardent readers. With this acquisition, Amazon has snatched up an independent network that …

Amazon Acquires Book Recommendations Site and Social Network Goodreads Amazon Acquires Book Recommendations Site and Social Network Goodreads
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Amazon has just announced that they are acquiring Goodreads, “the world’s largest site for readers and book recommendations.” Good reads launched in 2007 and since then has built up a user base of 16 million members, who have added 525 …

Yahoo Acquires Summly To Integrate Into Its Own Mobile Offerings Yahoo Acquires Summly To Integrate Into Its Own Mobile Offerings

Update: According to All Things D ,the price was $30 million in cash (90 percent in cash and 10 percent in stock). Kara Swisher says several sources confirmed this. Yahoo announced on Monday that it is acquiring mobile product company …

Pinterest Buys Livestar, Shuts Down App Pinterest Buys Livestar, Shuts Down App

Pinterest just announced that it has agreed to acquire Livestar, an app that helps people find local recommendations from friends and others. The app will be shutting down, and he engineering talent will be part of the Pinterest team. “We …

Yahoo Brings Back Former Staff With Jybe Acquisition Yahoo Brings Back Former Staff With Jybe Acquisition
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Yahoo announced today that it has acquired Jybe, which includes five former Yahoo employees. Yahoo Cloud Platform Group SVP Jay Rossiter discusses the acquisition in a blog post. “As part of this acquisition, we’re welcoming an extremely talented group of …

Demand Media: Etsy And Pinterest Will Feed Interest In Creativebug Demand Media: Etsy And Pinterest Will Feed Interest In Creativebug

As previously reported, Demand Media announced today that it has acquired arts and crafts e-learning site Creativebug as part of its push to expand into paid content offerings. During a recent earnings call, the company expressed such an initiative, leading …

Demand Media Expands Into Paid Content With Creativebug Demand Media Expands Into Paid Content With Creativebug

Demand Media just announced that it has acquired CreativeBug, a provider of online video workshops for arts and crafts. The property should fit right into the company’s content network, which it plans to split away from its domain registrar business. …

Facebook Acquires Social Blogging Site Storylane Facebook Acquires Social Blogging Site Storylane
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Blogging site Storylane has just announced that they’ve been acquired by Facebook for an undisclosed amount. The acquisition is talent-based, as Storylane’s Jonathan Gheller says that Facebook will not be acquiring any of their data. Storylane, a social-blogging site, billed …

Rackspace Acquires MongoDB DBaaS Provider ObjectRocket Rackspace Acquires MongoDB DBaaS Provider ObjectRocket

Rackspace announced today that it has entered an agrement to acquire Object Rocket, a MongoDB DBaaS provider. A Rackspace spokesperson tells WebProNews, “Every web application requires a database to store customer behavior and other critical data. With this open source-based …

Gas Powered Games Bought by Wargaming.net Gas Powered Games Bought by Wargaming.net
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Earlier this week, developer Gas Powered Games cancelled its Wildman Kickstarter project. Though the developer is well-known for its Dungeon Siege games, the Wildman Kickstarter was only around half-funded with a few days left to go. The $1.1 million goal …

Yahoo Acquires Alike, Team To Join Yahoo Mobile Group Yahoo Acquires Alike, Team To Join Yahoo Mobile Group

Yahoo has acquired Alike, makers of an iPhone app, which helps users find nearby places of interest, for an undisclosed price. The Alike team will will join Yahoo’s mobile group. A Yahoo spokesperson gave us the following statement: “Yahoo! has …

Groupon Acquires Britely Team To Help Build Local Commerce OS Groupon Acquires Britely Team To Help Build Local Commerce OS

Groupon has acquired MashLogic, the company behind Britely. Britely announced the news on its blog (as first spotted by PandoDaily). It appears that Groupon (which has not announced the acquisition itself) is simply acquiring the company for talent rather than …