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All Posts Tagged Tag: ‘Acquisitions ’

Amazon Might Buy Fashion Retailer Net-a-Porter in What Could Be Its Largest Acquisition Ever

If Amazon is truly serious about getting into the world of high fashion, an acquisition like this would be a very strong move. According to a report from Women’s Wear Daily, Amazon is eyeing online fashion retailer Net-a–Porter. The price could be somewhere just under two billion euros. Net-a-Porter is owned by Richemont, a Swiss luxury good holding company. According …

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Facebook To Become Better For Selling Products

Facebook is making quite a few moves, which point to the social network becoming a better place for people, businesses, and websites to sell products. The latest piece of news involves an acquisition, which should lead to better personalization of product ads, but that’s only one piece of the puzzle. The race for getting social commerce right is on, and …

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Uber Looks to Build Its Own Navigation, Buys Mapping Company deCarta

Uber has bought mapping company deCarta, acquiring its tech and its people. An Uber spokesperson confirmed the acquisition, which will close later this week, to Mashable: “A lot of the functionality that makes the Uber app so reliable, affordable and seamless is based on mapping technologies. With the acquisition of deCarta, we will continue to fine-tune our products and services …

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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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