All Posts Tagged Tag: ‘Acquisitions ’

Yelp Buys Eat24 For $134 Million

Yelp just announced that it has acquired Eat24, the web and app-based online food ordering service that made headlines last year when it “broke up” with Facebook. The deal is valued at $134 million, consisting of stock and cash. The cash part is $75 million. Yelp says it will use the acquisition to drive daily engagement in the restaurant vertical. …

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Staples Buys Office Depot for $6.3 Billion

Two office supply giants are becoming one, as Staples has just announced its acquisition of Office Depot. The deal is worth $6.3 billion. “This is a transformational acquisition which enables Staples to provide more value to customers, and more effectively compete in a rapidly evolving competitive environment,” said Ron Sargent, Staples’ chairman and chief executive officer. “We expect to recognize …

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Microsoft Is Buying Revolution Analytics To Make Companies Smarter

Microsoft announced that it has agreed to acquire Revolution Analytics, which provides software and services for statistical computing and predictive analytics programming language “R”. Microsoft says it will use the acquisition to help companies take advantage of R and data science. The company intends to help reduce the data science and analytics skills gap in organizations in the financial, manufacturing, …

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Pinterest’s New Acquisition Should Help Its Search And Ad Offerings

Pinterest just announced that is has acquired the team and technology behind recommendation and commerce startup Kosei. The company says it will use he acquisition to accelerate its discovery and monetization efforts. “The team includes some of the best minds in machine learning, data science and recommendation engines, who’ve created a unique technology stack that drives commerce by making highly …

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Twitter’s Latest Acquisition Could Help Advertisers

Twitter announced that it has reached an agreement to acquire Bangalore-based ZipDial in an effort to make Twitter more accessible around the world. The company says the deal “significantly” increases its investment in India where Twitter is already seeing great growth, and also gives it a new engineering office in the country. According to Twitter, the acquisition will help it …

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Facebook Just Bought A Voice Recognition Company

Facebook has acquired Wit.ai, a company that builds voice recognition and natural language processing tools for developers. It has over 6,000 developers on its platform. The platform is open, which is a quality the startup clearly takes pride in. “For a long time I’ve been obsessed with building machines that understand human languages,” it says in a blog post. “18 …

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News Corp. Acquires Financial Site BigDecisions

News Corp. announced that it Indian financial site BigDecisions.com. It’s described as a web startup that helps consumers make financial decisions. More specifically, BigDecisions aims to help Indian consumers make smarter financial decisions using data and algorithm-based tools. “Our latest investment builds on our abiding belief that a digital India needs more trusted, reliable and independent data,” said Robert Thomson, …

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Adobe Acquires Stock Photo Service Fotolia For Creative Cloud Integration

Adobe announced that it has entered into an agreement to acquire stock photo service Fotolia, which it will integrate into Adobe Creative Cloud. The idea is that it can give users the ability to easily purchase images right from the product There are currently over 34 million of them to choose from. Adobe is paying $800 million in cash for …

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Cisco To Acquire Security Company Neohapsis

Cisco announced that it intends to acquire Neohapsis, a company which offers network, cloud, and app security, as well as IT risk and compliance services. Cisco says it will use the acquisition to help customers build security capabilities and overcome operational and technical vulnerabilities, as well as “achieve a comprehensive view of their risks, take advantage of new business models, …

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AOL Acquires Video Platform Vidible

AOL announced that it has acquired video management and exchange platform Vidible to expand its global scale in video distribution, discovery, and management. More specifically, AOL says the pick-up enables it to expand its video stack with new video content management tools, and increase availability and management of premium video to publishers and content owners via a self-serve platform. It …

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Microsoft Acquires Email App Provider Acompli

Microsoft just announced it has acquired mobile email app provider Acompli, which currently has apps for both Android and iOS. Microsoft says the move is part of its effort to “help people accomplish more with their mobile devices,” an effort that also includes its recent launch of Office mobile apps. Rajesh Jha, Corporate Vice President of Microsoft Outlook and Office …

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Yahoo Buys Cooliris, Which Includes BeamIt

Yahoo has acquired Cooliris, makers of the photo app of the same name as well as BeamIt. Cooliris announced the news on its website, where it said: Cooliris is passionate about creating fast, fluid mobile experiences for content and communication – as exemplified by our newest product, BeamIt. Yahoo has a clear vision and unwavering commitment to making mobile an …

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