All Posts Tagged Tag: ‘Acquisitions ’
Last week, Google’s ITA Software acquisition got the greenlight from the Department of Justice, provided certain requirements were honored. Google has now quietly updated its blog post from when that happened with a simple sentence: “Our acquisition of ITA has now closed.” Upon approval, the DoJ said: In order for Google Inc. to proceed with its proposed acquisition of ITA …
The U.S. Department of Justice has approved Google’s acquisition of ITA Software, which provides a solution for flight information used by numerous travel sites, and has been the subject of a great deal of controversy related to competition. There are some stipulations, however. The DoJ said: …in order for Google Inc. to proceed with its proposed acquisition of ITA Software …
I had always wondered when someone would buy GSI Commerce (GSIC). eBay made the announcement that they have decided to purchase them in a very interesting move. Like many people, you may be wondering who is GSI Commerce? Well, they are one of the biggest ecommerce powerhouses that you have never heard of. Their client list is enough of an …
AT&T is planning on buying T-Mobile USA from Deutsche Telekom for $39 billion in cash and stock. The deal must be approved by both the Department of Justice and the Federal Communications Commission first. “This transaction represents a major commitment to strengthen and expand critical infrastructure for our nation’s future,” said AT&T Chairman and CEO Randall Stephenson. “It will improve …
YouTube announced that it has acquired Next New Networks. Rumors about the acquisition have been out there for a while, but Google has made it official. As our own Doug Caverly wrote about a month ago, “The acquisition would make sense in a number of ways. First, whether or not you’ve heard of Next New Networks, it’s rather big… YouTube’s …
Things are moving very quickly at AOL these days. Just a month after its announcement, the company has closed its acquisition of The Huffington Post. Along with that announcement comes the addition of some more editorial staff, including Senior Media Reporter Michael Calderone (coming from Yahoo), Senior Reporter Trymaine Lee (coming from the New York Times), Senior Congressional Reporter Michael McAuliff …
According to various reports, AOL has bought Outside.In, and will announce that today. The price hasn’t been confirmed, but Business Insider says it’s been told that it’s less than $10 million. Outside.In will evidently become integrated with AOL’s Patch property – the hyperlocal news service, which sounds about right, considering hyperlocal is what Outside.In is all about. Outside.In aggregates headlines …
Last summer, Intel announced its intention to acquire McAfee for about $7.68 billion at $48 per share in cash. Today, the company announced the completion of that acquisition.
McAfee will maintain its own brand, and the first "fruits" of the partnership will hit the market later this year, the companies said.
Local marketing firm ReachLocal announced that it has acquired New York-based Deals company DealOn, as company’s everywhere try to get in on the hot local deals goldrush. ReachLocal is paying $10 million for the acquisition.
"This will allow ReachLocal to enable other deal sites and publishers to supply and/or resell deals, as well as greatly improve Deals sourcing, syndication and personalization for the industry as a whole," a representative for ReachLocal tells WebProNews.
BlackBerry maker Research in Motion (RIM) announced that it has acquired Gist.
Gist provides information about contacts, by creating a business profile for each one that includes recent news, status updates, and work details. It works by pulling contacts from various inboxes, address books, social networks, and other sources, then adding news, status updates, blog posts, etc.
HP announced that it has signed an agreement to acquire a real-time analytics platform company Vertica.
HP says the pick-up will enhance the company’s capabilities for information optimization, and that Vertica’s platform will help its customers analyze massive amounts of data for "real-time business intelligence."
AOL has acquired The Huffington Post, one of the biggest content networks on the web, for $315 million. HuffPo co-founder Arianna Huffington is now editor-in-chief of all of AOL’s content properties.
The move is the latest, and possibly the boldest move AOL has made into the content production industry. AOL counts The Huffington Post, TechCrunch, Engadget, Autoblog, Fanhouse, Patch, and Seed among its major content properties. Other recent AOL acquisitions include About.me and Goviral.
Verizon announced that it is acquiring IT infrastructure and cloud services provider Terremark Worldwide in a move the company says will "decisively reshape the rapidly evolving global business technology solutions market."
The agreement is for Verizon to get Terremark for $1.4 billion, at $19.00 a share.
Yesterday, unofficial news came out that Google had acquired fflick, which is a site that lets you log in with your Twitter account and see what your friends have said about movies. Today came the official announcement, and while it didn’t provide any financial details, word is that the price was about $10 million.
Google has acquired SayNow, a company whose slogan is "reinventing the phone call". Actually, SayNow has a hosted platform and series of applications for voice messaging, conversations, and group calls that can be integrated into Facebook, Twitter, MySpace, and Android and iPhone apps.
SayNow announced the acquisition (without any financial details). From the announcement:
Update: eBay just announced that it has completed the acquisition.
eBooks and e-readers are big business these days. Amazon’s Kindle recently became the company’s best-selling product ever, and its competitors have done pretty well too. Now tablets are coming out of the woodwork to go head-to-head with Apple’s iPad, and these are also ideal for reading eBooks (some with Android).
Groupon is launching in India, Israel, and South Africa as it has acquired similar deals sites in each of those countries – SoSata, Grouper, and Twangoo respectively.
"Collective buying is in its infancy in India, Israel and South Africa and we see strong potential," said Rob Solomon, president and COO of Groupon. "Groupon is shaping the way local merchants market themselves in every corner of the world."
Zecter is a company with synchronization and streaming technologies for on-demand digital media consumption. Motorola explains, "Zecter’s solutions connect users to their content seamlessly and instantaneously, giving them simple, on-the-go access to music, video, photos and documents from their smartphones, tablets, PCs and web-portals."
Rackspace announced that it has acquired Cloudkick, which creates web apps for cloud-server management.
Rackspace considers the move a way to better position itself in Silicon Valley, as Cloudkick was originally funded by Y Combinator, and its headquarters is in San Francisco, "making Cloudkick’s headquarters the latest outpost for delivering Fanatical Support and innovation in cloud computing," a representative for Rackspace tells WebProNews.
AOL announced that it has acquired ad platform firm Pictela. The company makes what is described as a "high-definition brand content platform" for online advertising and social media. This follows other recent acquisitions by AOl, such as that of TechCrunch, Thing Labs, 5min Media, and StudioNow.
eBay announced that it has acquired Critical Path Software, a mobile app developer, which it has been working with for over two years. The company has worked with eBay on creating iPhone apps for eBay, StubHub, eBay Classifieds, and Shopping.com.
eBay’s Richard Brewer-Hay on the eBay Ink Blog shared the following interview with Steve Romero, Critical Path president and founder, and Steve Yankovich, VP of eBay Mobile:
Today we are pleased to confirm plans for The Astonishing Tribe (TAT) team to join Research In Motion (RIM). We’re excited that the TAT team will be joining RIM and bringing their talent to the BlackBerry PlayBook and smartphone platforms.
IBM announced that it has entered an agreement to acquire Blade Network Technologies, a company specializing in software and devices for data and transaction routing.
Blade provides blade server and top-of-rack switches as well as software to virtualize and manage cloud computing and other workloads. It counts over half of Fortune 500 companies among its customers.
IBM announced it is acquiring Netezza at $27 per share or approximately $1.7 billion, to expand its business analytics initiatives.
Motorola announced today that it has acquired Aloqa GmbH, developer of Aloqa, which is a mobile service that notifies users of places, events, music, movies and other activities based on location and personalization.
Aloqa also annuonced that it has now surpassed its million user milestone. The service is available for Android, iPhone, BlackBerry, Windows Mobile, Nokia, and Sony Ericsson models.
Update: Quiksee has confirmed the acquisition. The company says on its blog:
We are delighted to announce that Quiksee has been acquired by Google!
We’ve learned a lot from our previous work at Quiksee, and we look forward to bringing our experience, creativity and insight to Google. Both Google and Quiksee share the same innovative vision, and while we can’t share any future product plans, we look forward to the opportunity to contribute and do great things together in the future.