All Posts Tagged Tag: ‘Acquisitions ’

Microsoft Grabs SwiftKey To Boost its Productivity ‘Re-Invention’ Efforts

Microsoft Grabs SwiftKey To Boost its Productivity ‘Re-Invention’ Efforts

Microsoft announced that it has entered into an agreement to acquire software keyboard company SwiftKey. “In this cloud-first, mobile-first world, SwiftKey’s technology aligns with our vision for more personal computing experiences that anticipate our needs versus responding to our commands, and directly supports our ambition to reinvent productivity by leveraging the intelligent cloud,” says Harry Shum, Executive Vice President, Technology …

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Alibaba Buys ‘China’s YouTube’ for $3.7 Billion

Alibaba Buys ‘China’s YouTube’ for $3.7 Billion

Alibaba has announced that it has acquired Youku Tudou for around $3.7 billion. Youku Tudou is commonly referred to as “China’s YouTube”. E-commerce giant Alibaba had previously offered a little less to purchase the company last October. Alibaba already owned about a fifth of Youku Tudou. “We believe this combination with Alibaba maximizes value for Youku Tudou shareholders and significantly …

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Candy Crush Maker King Now a Part of Activision Blizzard

Candy Crush Maker King Now a Part of Activision Blizzard

Activision Blizzard, whose titles include the Call of Duty Series, Destiny, and World of Warcraft, has agreed to acquire King Digital Entertainment for $5.9 billion. King Digital is best known as the makers of the Candy Crush games. Activision says that this merger creates “one of the largest entertainment networks with over half a billion monthly active users in 196 …

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Constant Contact To Be Acquired For  $1.1 Billion

Constant Contact To Be Acquired For $1.1 Billion

Email marketing solutions provider Constant Contact has agreed to be acquired by Endurance International Group in a deal valued at $1.1 billion. Under the agreement, Endurance International will acquire all of Constant Contact’s outstanding shares of common stock for $32 per share in cash. The deal, which represents a premium of about 23% over Constant Contact’s closing price of $26.10 …

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Pandora Is About to Start Slinging Concert Tickets

Pandora Is About to Start Slinging Concert Tickets

Streaming music platform Pandora has just announced it has acquired ticket-selling site Ticketfly, in a deal valued at around $450 million. Pandora says it will help in “achieving Pandora’s mission to help artists find their audience and help listeners find the music they love—whether it’s coming through their earbuds or live on stage.” Ticketfly boasts that it works with around …

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Microsoft Buys Cloud Security Company Adallom

Microsoft Buys Cloud Security Company Adallom

Microsoft announced that it has acquired cloud security firm Adallom, which it describes as “an innovator” and “leader in helping customers protect their critical assets across cloud applications.” The deal was reported in the media a couple months ago, but the company only now made it official. “This acquisition is the latest example of Microsoft’s commitment to delivering innovative identity …

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Verizon’s AOL Is Acquiring Millennial Media

Verizon’s AOL Is Acquiring Millennial Media

AOL, which as a reminder, is now owned by Verizon, announced on Thursday that it has entered agreement to acquire mobile ad platform Millennial Media. It’s paying $1.75/share, which comes to roughly $238 million. AOL says it will use Millennial Media to add a supply-side platform for app monetization with over 65,000 apps; add significant mobile brand advertising scale across …

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Microsoft Is Acquiring Organizational Analytics Provider VoloMetrix

Microsoft Is Acquiring Organizational Analytics Provider VoloMetrix

Microsoft announced on Thursday that it has completed an agreement to acquire VoloMetrix, an organizational analytics provider. “Today’s announcement is part of Microsoft’s commitment to reinvent productivity and business process, and combines VoloMetrix’ experience, technology and track record of success with Office 365 and our previously announced Delve Organizational Analytics,” a spokesperson for Microsoft tells WebProNews. “We expect to launch …

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AT&T / DirecTV Deal Gets Thumbs Up from FCC, with Conditions

After “careful, thorough review,” the Federal Communications Commission has given AT&T and green light to acquire DirecTV. The combined entity will boast about 26 million customers. Say hello to the new largest pay TV company in the US. The approval didn’t come without conditions, however. Here are all of the conditions the FCC placed on AT&T. They involve the expansions …

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Kenny Rogers Could See a Career Resurgence If He Did This One Thing

Kenny Rogers has been at it so long that he has seen numerous periods of resurgence in his fame. It was one thing to turn on the radio in the 80s and hear Kenny Rogers crossover hits coming out of the speakers, but when the singer took the stage at Bonnaroo in 2012 with Phish to play “The Gambler,” it …

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Fake Twitter Buyout Article Fools Everyone, Sends Stock Soaring

Hoax articles – fooling everyone from your racist uncle on Facebook to top Wall Street investors. An article suggesting that Twitter had received a $31 billion offer sent the company’s stock prices soaring earlier this afternoon. The article, called Twitter Attracts Suitors, is hosted on bloomberg.market and made to look exactly like a Bloomberg Business article. “Twitter is working closely …

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Netflix Snags Indies to Boost Its Big Film Push

After very successful TV series and documentary ventures, Netflix is getting serious about original feature films. That $60 million buy of Brad Pitt’s new military satire should tell you that. But it’s not just the giant acquisitions that show Netflix’s determination to be a leader in original feature films. Netflix is apparently ramping up efforts to snag the rights to …

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AT&T, DirecTV Merger Reportedly Nearing Approval

It appears to be smooth sailing for AT&T in its acquisition of DirecTV, as the merger has reportedly cleared one major hurdle and is about to clear the last. Reuters reports that the Department of Justice has already wrapped up its review of the deal. Bloomberg says that the DoJ imposed no conditions on the mega-merger. AT&T first agreed to …

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Uber Makes a Big Mapping Play, Hires 100 Bing Engineers

Uber is continuing its quest for maps self reliance, and is set to acquire a chunk of Bing’s mapping assets. Both Microsoft and Uber confirmed the deal to TechCrunch, but wouldn’t get specific on the terms. The deal will see Uber absorb around 100 Microsoft data collection engineers. A move this large proves that Uber really, really wants to get …

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Verizon Now Officially Owns AOL

Verizon announced on Tuesday that it has already completed its acquisition of AOL. That didn’t take long, did it? The $4.4 billion deal was only announced last month. Now, Verizon says it has successfully completed its tender offer to purchase all of AOL’s outstanding shares for %50 per share in cash. Verizon says in its announcement: Verizon subsequently completed the …

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The Verge Publisher Vox Media Acquires Re/code

There’s a lot happening in the world of tech news media. The latest piece of news in the publisher circuit is that Vox Media (The Verge, SB Nation, Polygon, Vox.com, Eater, Racked, Curbed) is acquiring Re/code roughly a year and a half after its launch. Re/code was started at the beginning of 2014 after All Things D, led by Kara …

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Now Charter Communications Is Going To Buy Time Warner Cable

Now that Comcast’s acquisition of Time Warner Cable has fallen apart, Charter Communications has swooped in to attempt an acquisition of TWC. In February, Comcast announced its intent to acquire the other cable giant, but that deal officially died in April as Comcast abandoned its efforts following reports that the Department of Justice and Federal Communications Commission were to recommend …

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The AT&T/DirecTV Merger Will Likely Be Approved: Report

It doesn’t appear that federal regulators are going to stand in the way of AT&T’s bid to acquire DirecTV. According to sources quoted in the Wall Street Journal both the Justice Department and the Federal Communications Commission are almost done with their respective reviews, and they are both unlikely to block the deal. AT&T agreed to acquire DirecTV for nearly …

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Netflix Doesn’t Like the AT&T/DirecTV Merger

If AT&T’s proposed merger of DirecTV is approved, it would create the largest pay-TV provider in the country. And according to Netflix, the merger in its current form is bad for everyone. The streaming company has written a letter to the Federal Communications Commission, urging it to reject the merger “as currently proposed.” “The proposed merger would make AT&T the …

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Comcast’s Final Tally on Failed Time Warner Cable Deal: $336 Million

Comcast spent $336 million to not acquire Time Warner Cable. In the company’s Q1 earnings report, it reported $99 in “transaction” costs. If you add that to all the other transaction costs Comcast reported in 2014 it looks something like this: Comcast has reported $336 million in costs tied to TWC/Charter deals: Q1 15: $99M Q4 14: $99M Q3 14: $77M Q2 14: …

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GoPro Is Getting Serious About Virtual Reality

GoPro is getting serious about virtual reality. The camera-maker has agreed to acquire French company Kolor, a startup that specializes in immersive 360-degree videos. Kolor takes multiple photos and videos and pieces them together to form an interactive virtual experience. GoPro calls it “spherical video”. From GoPro: Spherical media enables a range of immersive viewing experiences and is an essential …

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Twitter Acquires TellApart, Partners With DoubleClick

Twitter announced that it has agreed to acquire marketing technology company TellApart and partnered with Google’s DoubleClick to strengthen its cross-device measurement capabilities. TellApart provides retail and e-commerce advertisers with cross-device retargeting features for dynamic product ads, and Twitter sees the acquisition as a way to help advertisers reach its users wherever they are on desktop or mobile. Twitter says …

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Time Warner Cable Already Has Another Suitor

The dead Comcast/Time Warner Cable deal is still warm, but Time Warner Cable already has a potential buyer who isn’t wasting any time in going after the major telecommunications player. And it’s a familiar face. According to the Wall Street Journal, Charter Communications is ready to move on TWC. From the WSJ, quoting sources: Charter, which is backed by John …

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Netflix Was a Big Part of Why Regulators Hated Comcast/TWC Merger

By now you’ve probably heard that Comcast has abandoned its push to acquire Time Warner Cable, due to looming concerns that both the Department of Justice’s antitrust division and the Federal Communications Commission were poised to recommend it blocked. “Today, we move on. Of course, we would have liked to bring our great products to new cities, but we structured …

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Comcast / Time Warner Cable Merger Is Dead, Officially

It’s official. Comcast has announced it has abandoned its efforts to acquire Time Warner Cable, in a deal that would’ve been valued at around $45 billion. This follows reports on Thursday that said the Department of Justice and Federal Communications Commission were both gearing up to recommend against the deal. If the merger had been approved, the Comcast-TWC behemoth would’ve …

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Comcast Is Giving Up on Its TWC Deal: Report

Comcast is planning to kill its proposed acquisition of Time Warner Cable before the feds can kill it first. Bloomberg is quoting sources who say that Comcast is ready to back away from the merger, which would be valued at around $45 billion. This comes on the heels of reports that the FCC had proposed a “hearing designation order” for …

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Elizabeth Warren, Al Franken Among Six Senators Urging a Swift Death for the Comcast/Time Warner Merger

In a letter addressed to Federal Communications Commission Chairman Tom Wheeler and Attorney General Eric Holder, six Senators are urging the blockage of Comcast’s proposed merger with Time Warner Cable. The letter comes just one day before representatives from Comcast and Time Warner Cable are set to meet with DoJ antitrust officials in the hopes of saving a deal that …

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Comcast, TWC Will Meet with Regulators to Try to Save Deal

With their proposed merger on shaky ground, representatives from Comcast and Time Warner Cable are planning to meet with Justice Department officials in the hopes of negotiating a pathway for the deal to proceed. This will be the first such meeting between the cable companies and regulators since the merger was announced. The Wall Street Journal Reports that Comcast will …

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Regulators Ready to Kill Comcast / TWC Merger: Report

One of the regulatory agencies looking over the proposed Comcast / Time Warner Cable merger may be about to give it the thumbs down, citing concerns over potential harm to customers. Bloomberg cites the ubiquitous “people familiar with the matter” in saying that antitrust lawyers at the Department of Justice are poised to recommend against the merger. From Bloomberg: Attorneys …

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Should Yahoo Buy Foursquare?

Yahoo may or may not be in talks to acquire Foursquare. Two pretty reputable tech publications (each likely with numerous insider sources) have conflicting reports about this. TechCrunch has a lengthy report written by two of its veteran journalists, claiming to have multiple sources indicating the two companies are indeed in talks, and that they’re hearing the deal is done, …

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