acquisition

Facebook acquires Social-Blogging group Storylane

Facebook acquires Social-Blogging group Storylane

This week the folks at Facebook have both revealed a brand new set of features for their News Feed - for you and I - and have acquired a platform for social blogging by the name of Storylane. The acquisition of this group has been announced by Facebook as a key acquisition that'll bring their ability to showcase "real identity through sincere and meaningful content" up to the forefront, per the previous work done by the acquired group. This acquisition moves the team of five employees that make up Storylane into the fold - the Facebook fold.

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T-Mobile to layoff employees before MetroPCS merger, sources say

T-Mobile to layoff employees before MetroPCS merger, sources say

First news of the T-Mobile acquisition of MetroPCS surfaced back in October 2012. Thus began the long process of passing through government red tape before the deal could actually go through. Earlier today, we reported that the carrier has received a thumbs up from the Department of Justice to move forward with the merger. Now, according to sources, the next step will be a large number of layoffs at T-Mobile's headquarters.

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Opera acquires Skyfire Labs for up to $155 million

Opera acquires Skyfire Labs for up to $155 million

Opera has acquired Skyfire Labs, a company that deals with mobile cloud solutions and mobile video optimization and is best known for its Rocket Optimizer software. By combining the two companies, both will offer joint products, with the announcement saying that Opera's Web Pass is one of the main focuses. The deal is expected to be final before March 15.

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