All Posts Tagged Tag: ‘Acquisitions ’

Google Is Following Its Robot Purchases With An Artificial Intelligence Acquisition

Update: DeepMind will reportedly be integrated into Google’s search team. That may be good news for those fearing a robot apocalypse, but who’s to say the robots won’t make use of other technologies employed throughout the company? Google has reportedly acquired artificial intelligence technology company DeepMind. Multiple reports indicate that Google has confirmed the acquisition, but not the price. These …

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AOL Acquires Web Personalization Firm Gravity

AOL announced that it has entered into an agreement to acquire Gravity, developer of content optimization and personalization technology and “the Interest graph”. The deal is for $83 million, and an additional $7.7 million may be deferred and paid over two years after the closing. AOL CEO Tim Armstrong said, “The web is moving to the era of personal, and …

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Yahoo Acquires Sparq, Will Shut It Down

It’s been a couple weeks, so it was high time that Yahoo acquired another company. This time it’s Sparq, a mobile marketing company. The startup will reportedly be joining Yahoo at its campus in Sunnyvale. Sparq says in a message on its site: I am thrilled to announce that SPARQ has been acquired by Yahoo. We’ve come a long way …

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Google Is Buying Nest For $3.2 Billion

Google announced on Monday that it has entered into an agreement to acquire Nest Labs. You know, the company behind the Nest Thermostat: And Nest Protect: Google is paying $3.2 billion in cash for the company whose mission is “to reinvent unloved but important devices in the home.” Google CEO Larry Page said, “Nest’s founders, Tony Fadell and Matt Rogers, …

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Facebook Acquires Branch, Potluck

Facebook has acquired Branch, the company behind link-sharing service Branch and iPhone app Potluck. Branch CEO Josh Miller announced the news on Facebook, saying that the company will be continuing its mission at Facebook. “We will be forming Facebook’s Conversations group, based in New York City, with the goal of helping people connect with others around their interests,” wrote Miller. …

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Groupon Buys Fashion Retailer Ideeli For $43 Million

Groupon announced on Monday that it has acquired fashion retailer ideeli for $43 million in cash. The purchase, Groupon says, will extend its presence in fashion and apparel. “These types of offers have been very popular with Groupon customers, and ideeli brings a significant presence within the industry as well as great relationships with top brands,” a Groupon spokesperson tells …

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Facebook Acquires Little Eye Labs To Improve Mobile Apps

Little Eye Labs, an Android app performance analysis startup, announced that it has been acquired by Facebook. This happens to be Facebook’s first acquisition of an Indian company. The team will move to Facebook’s headquarters in Menlo Park, and will take advantage of the company’s infrastructure to improve Facebook’s apps. “Little Eye Labs was founded about a year ago by …

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Yahoo Buys Android Homescreen App Aviate

I can’t believe they got a whole week into 2014 before announcing an acquisition. If only CES had been last week. Yahoo announced at the show that it has acquired Android smart homescreen app Aviate, saying that it will make the Aviate experience part of its own Android-based experiences. “The average person has screens and screens of apps on their …

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Microsoft Buys Parature For Dynamics CRM

Microsoft announced that it has reached an agreement to acquire cloud-based customer service software provider Parature. The company will add the software to its Microsoft Dynamics CRM suite. “Customers are more connected and better informed than ever before. Organizations are looking for business solutions that can strengthen their ability to connect with customers on their own terms, using whatever device …

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Pinterest Acquires VisualGraph And Its Visual Search Technology

Pinterest announced today that it has acquired VisualGraph, an image recognition and visual search technology startup. “VisualGraph’s two employees — founder Kevin Jing and colleague David Liu — will be joining the Pinterest engineering team today,” a spokesperson for Pinterest tells WebProNews. “Kevin started working at Google in 2004 and helped build some of Google’s first machine vision applications. David …

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Groupon Now Officially Owns Ticket Monster (Formerly Of LivingSocial)

Groupon announced an agreement to acquire LivingSocial’s Ticket Monster when it reported its Q3 earnings in November. On Friday, Groupon announced that it has closed the acquisition. Groupon paid $260 million in cash and stock for the Korean ticketing company. More specifically, that’s $100 million in cash and $160 million in Groupon Class A common stock for Groupon rival LivingSocial. …

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Bump And Flock Are Shutting Down This Month

Bump announced that it had been acquired by Google back in September. At the time, the company said that both the Bump app and its Flock photo sharing app would continue on. That is no longer the case. Bump revealed in a blog post that both apps will be shut down effective January 31st as the Bump team continues working …

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