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Acquisitions Articles

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
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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 …

Salesforce Acquires Content Integration Solutions Company EntropySoft Salesforce Acquires Content Integration Solutions Company EntropySoft

Salesforce has acquired EntropySoft, a French content integration solutions company. VentureBeat says Salesforce confirmed the deal (the value of which is unknown), but that it will not be making a formal announcement. The EntropySoft home page is displaying the following …

Google Acquires Channel Intelligence To Improve Shopping Experience Google Acquires Channel Intelligence To Improve Shopping Experience

Update: We’ve now received confirmation from Google that it has signed a deal to acquire CI. A Google spokesperson tells WebProNews, “We want to help consumers save time and money by improving the online shopping experience. We think Channel Intelligence …

Twitter Reportedly Buying Social TV Analytics Company Bluefin Labs [Updated With Confirmation From Twitter] Twitter Reportedly Buying Social TV Analytics Company Bluefin Labs [Updated With Confirmation From Twitter]

Update: Twitter has now officially announced the acquisition. The company says in a blog post: We believe that Bluefin’s data science capabilities and social TV expertise will help us create innovative new ad products and consumer experiences in the exciting …

IGN, AskMen Sold to j2 Global’s Ziff Davis IGN, AskMen Sold to j2 Global’s Ziff Davis

j2 Global, the parent company of publisher Ziff Davis, announced today that Ziff Davis has acquired IGN entertainment from News Corp. The publisher will take control of IGN, 1UP, AskMen, and other IGN web properties. Ziff Davis is known for …

Oracle To Acquire Acme Packet For $2.1 Billion Oracle To Acquire Acme Packet For $2.1 Billion

Oracle has entered into an agreement to acquire Acme Packet, a session delivery network solutions company, for $29.25 per share in cash in a deal worth $2.1 billion. Oracle President Mark Hurd had this to say about the deal: “The …

Suda51 Studio Bought by GungHo Online Entertainment

GungHo Online Entertainment (GOE), a Japanese publisher, today announced that it has acquired the video game development studio Grasshopper Manufacture. GOE stated that Grasshopper Manufacture will continue to operate under that name, and that games currently under development will not …

Samsung Buys NeuroLogica, a Medical Imaging Equipment Manufacturer Samsung Buys NeuroLogica, a Medical Imaging Equipment Manufacturer
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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 …

Crashlytics Becomes Part Of Twitter Crashlytics Becomes Part Of Twitter

Twitter has acquired Crashlytics, a reporting tool for mobile app crashes. Twitter confirmed this via Twitter, and Crashlytics took to its blog to announce the news. Co-founders Jeff Seibert and Wayne Chang write: We started Crashlytics a little over a …

Foodspotting Joins OpenTable in $10M Deal, Will Continue to Operate on Standalone Basis Foodspotting Joins OpenTable in $10M Deal, Will Continue to Operate on Standalone Basis

Restaurant reservation powerhouse OpenTable have just announced their intent to acquire food photography-based recommendation app Foodspotting. According to a release, the deal will be for $10 million OpenTable and Foodspotting have been partners for some time already – OpenTable reservations …

Payvment Shuts Down, Team Reportedly Acquired By Intuit Payvment Shuts Down, Team Reportedly Acquired By Intuit

Facebook ecommerce platform company Payvment announced that it is shutting down as its team joins a new, unspecified company. The platform will be shut down on February 28. The company in question is Inuit, according to TechCrunch, though it’s unclear …

Belkin To Acquire Linksys From Cisco Belkin To Acquire Linksys From Cisco

Cisco announced today in a blog post that Belkin will acquire Cisco’s Home Networking Business Unit and its leading brand, Linksys. Cisco had been rumored to be looking to get rid of Linksys, and now it appears it has found …