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Acquisitions Articles

Google’s Nest Acquires Revolv, Stops Selling Google’s Nest Acquires Revolv, Stops Selling

Nest, which Google acquired earlier this year, has acquired Revolv, another smart-home device maker. According to Liz Gannes at Re/code, the deal just closed, and but the terms are undisclosed. Revolv says in a message on its homepage, “We have …

Yelp Acquires German Review Site Restaurant-Kritik Yelp Acquires German Review Site Restaurant-Kritik

Yelp announced that it has acquired Hamburg-based restaurant review company Restaurant-Kritik, which means Yelp will control more of the online review scene in Germany. Yelp plans on integrating the content from the site into Yelp Germany. It’s unclear whether the …

Google Beefs Up Its AI Work With New Acquisitions And Oxford University Partnership Google Beefs Up Its AI Work With New Acquisitions And Oxford University Partnership

Google announced that it has formed a partnership with the Artificial Intelligence research teams at Oxford University to “accelerate” its efforts in AI, and has hired seven founders of two AI startups out of the university. Google acquired AI company …

Google Announces Firebase Acquisition Google Announces Firebase Acquisition

Google announced that it has acquired Firebase, adding its team to its own Google Cloud Platform team. The startup has developed wasy to make it easier for developers to build mobile and web apps that store and sync data in …

IBM To Get Rid Of Semiconductor Business IBM To Get Rid Of Semiconductor Business

IBM announced an agreement with Globalfoundaries that will see the latter acquire IBM’s commercial semiconductor business, including intellectual property, personnel, and technologies related to IBM Microelectronics.The deal will also see Globalfoundaries become IBM’s exclusive server processor semiconductor technology provider for …

Comcast/Time Warner Cable Merger Gets Thumbs Up from Shareholders Comcast/Time Warner Cable Merger Gets Thumbs Up from Shareholders

The shareholders of two of the most-hated companies in America have approved their merger. According to Bloomberg, “more than 99 percent of shares were voted in favor of the deal” to sell Time Warner Cable to Comcast. On Thursday Comcast’s …

Facebook Isn’t Going to Put Ads All Over WhatsApp, at Least Not Right Away Facebook Isn’t Going to Put Ads All Over WhatsApp, at Least Not Right Away

Facebook’s $19 billion acquisition of WhatsApp is in the bag. After approvals from the U.S. Federal Trade Commission and the EU, Facebook filed the final paperwork earlier this week. Ok, so now Facebook has it and its 500 million+ user …

Facebook WhatsApp Deal Is Officially Done Facebook WhatsApp Deal Is Officially Done

Facebook announced in February that it would be acquiring WhatsApp for $19 billion pending regulatory approval. All necessary approvals have been granted, and roughly eight months later, the deal is now done. Last week, the deal cleared the big EU …

Facebook/WhatsApp Deal Officially Gets EU Blessing Facebook/WhatsApp Deal Officially Gets EU Blessing

Reuters reported last week that Facebook was set to win unconditional EU approval on its acquisition of WhatsApp for $19 billion, which the company announced in February. On Friday, the EU made it official. Commission Vice President in charge of …

News Corp Is Acquiring Move In $950 Million Deal News Corp Is Acquiring Move In $950 Million Deal

Rupert Murdoch’s News Corp announced it is acquiring real estate website Move for $950 million to facilitate the home rentals and sales in the U.S. REA Group Limited, which is over 60% owned by News Corp, plans to hold a …

Amazon Completes Twitch Acquisition Amazon Completes Twitch Acquisition

Last month, Amazon announced its intent to acquire Twitch, the popular live video platform for gamers. That acquisition was completed on Thursday, records show. You can see the SEC filing here (via ZDnet), which says: “On September 25, 2014, Amazon.com, …

Facebook Reportedly Gets EU Approval On WhatsApp Deal Facebook Reportedly Gets EU Approval On WhatsApp Deal

Facebook announced its intent to purchase WhatsApp for $19 billion in February. The deal is still pending the necessary regulatory approvals, but according to a report from Reuters, it’s getting approval from the EU. The report cites two people familiar …

Apple Reportedly Acquires iPad Magazine Platform PRSS Apple Reportedly Acquires iPad Magazine Platform PRSS

Apple has reportedly acquired PRSS, a Dutch digital magazine platform creator, which enables users to turn content into digital magazines for the iPad. iCulture first reported on the acquisition. TechCrunch shares a statement from Apple, which is basically the same …

Lyft Acquires Hitch to Help with Carpooling Service Lyft Acquires Hitch to Help with Carpooling Service

On-demand car service Lyft has announced that it is acquiring Hitch, another on-demand car service focused on carpooling. “John and Logan met the Hitch team over a year ago and as both teams talked, they realized they shared the same …

Yahoo Buys India’s Bookpad, Docspad Yahoo Buys India’s Bookpad, Docspad

Yahoo has acquired Bangalore-based Bookpad, makers of Docspad, which enables application developers to add document creation and collaboration features to their apps. The news was reported earlier by The Times of India, whose sources said the price was just under …

Twitpic Isn’t Shutting Down Anymore, Says It’s Been Acquired Twitpic Isn’t Shutting Down Anymore, Says It’s Been Acquired

According to Twitpic, the company isn’t shutting down anymore. In fact, it’s been acquired and will live on. That’s all according to a tweet – one that’s admittedly sparse in terms of specifics. “We’re happy to announce we’ve been acquired …

Cisco Announces Plans To Acquire Memoir Systems Cisco Announces Plans To Acquire Memoir Systems

Cisco announced its intent to acquire privately held Memoir Systems, which develops semiconductor memory intellectual property and tools for ASIC vendors to build programmable network switches. This is the second acquisition announcement from Cisco in as many days. On Wednesday, …

Cisco Announces Metacloud Acquisition Plans Cisco Announces Metacloud Acquisition Plans

Cisco just announced that it intends to acquire private cloud company Metacloud to accelerate its own “intercloud” strategy. Metacloud says the deal will not affect users’ environments, and that it already has account reps reaching out to customers to answer …

Conan Checks In With Minecraft Inventor About Microsoft Acquisition Conan Checks In With Minecraft Inventor About Microsoft Acquisition

The big news on Monday was that Microsoft is buying Mojang, the company behind the hugely popular Minecraft, for $2.5 billion. Naturally, the subject came up on Conan, who checked in with the inventor of the game to see how …

Microsoft Announces It’s Buying Minecraft For $2.5 Billion Microsoft Announces It’s Buying Minecraft For $2.5 Billion

Rumors circulated throughout the media last week that Microsoft was preparing to acquire Mojang, the makers of the massively popular game Minecraft. On Monday, Microsoft officially announced that it is doing so. The company says it has reached an agreement …

Google Acquires Polar For Google+ Google Acquires Polar For Google+

Polar, which offered an online polling solution, is being acquired by Google. Polar announced the news on its website, and it was first reported by Re/code. A message on the Polar site says: Polar started with the simple idea that …