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All Posts Tagged Tag: ‘Acquisitions ’

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 realtime. Google’s Greg DeMichillie had this to say in a blog post: Mobile is one of the fastest-growing categories of …

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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 22 nanometer (nm), 14nm and 10nm semiconductors for the next 10 years. According to Bloomberg, IBM is paying Globalfoundaries $1.5 …

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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 shareholders, by the same nearly 100 percent margin, approved the deal. That means all that’s left in the way of …

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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 base. What are they going to do with it? Not a lot, for now, At least according to Mark Zuckerberg. …

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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 hurdle as Commission Vice President in charge of competition policy, Joaquín Almunia, said, “Consumer communications apps keep European citizens connected …

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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 competition policy, Joaquín Almunia, said, “Consumer communications apps keep European citizens connected and are becoming increasingly popular. While Facebook Messenger …

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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 20% stake in Move. News Corp itself will hold 80%. REA operates RealEstate.com.au in Australia. Move operates realtor.com, which displays …

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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, Inc. completed its acquisition of Twitch Interactive, Inc.” Amazon CEO Jeff Bezos said upon the company’s initial announcement, ““Broadcasting and …

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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 with the matter, and says the EU is giving the deal unconditional approval, and that they don’t see it as …

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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 one they always give when asked whether or not they’ve acquired companies theyve acquired: Apple buys smaller technology companies from …

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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 vision of connecting people through more affordable and efficient transportation options. Similar to Lyft, Hitch has always believed the shared …

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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 $15 million. Yahoo hasn’t confirmed the price, but it did confirm the acquisition to TechCrunch, saying: We have acquired Bookpad, …

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