acquisition

Yahoo Tumblr acquisition reportedly approved in cash-only deal

Yahoo Tumblr acquisition reportedly approved in cash-only deal

This morning a deal between Yahoo and Tumblr has been approved according to sources familiar with the matter. This deal is said by people familiar with those speaking with the Wall Street Journal to have been approved by Yahoo's board only at this time, and that Tumblr's board is not yet at a final decision point. This deal has been reported after several days of rumors surrounding purchases by not just Yahoo, but other large-name web-based businesses as well.

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Dell acquires Entratius for multi-cloud computing

Dell acquires Entratius for multi-cloud computing

This morning the teams at Dell and Enstratius (also known as enStretus pre-name-change) have announced that the former has acquired the latter in a bid to increase the power of the company's Cloud Computing sector. Enstratius is a company known as an "early cloud pioneer", working with cloud management for enterprise groups and delivering services for both single and multi-cloud setups for businesses. This company has made it clear that their "cloud agnostic" abilities make them unique - though how they'll be working inside Dell's fold is not yet crystal.

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Yahoo acquires Astrid, plans to shut the service down

Yahoo acquires Astrid, plans to shut the service down

Yahoo has made another acquisition, this time of time management service Astrid, which just made the announcement on its blog. Such a move comes at a time when Yahoo has been buying up a variety of services and apps, a move in part to bolster the company. Not many details about the deal were provided, but those we do know we have for you after the jump.

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DreamWorks deals industry’s first major acquisition of a YouTube Channel

DreamWorks deals industry’s first major acquisition of a YouTube Channel

DreamWorks has officially acquired the teen-centric YouTube channel, AwesomenessTV. AwesomenessTV is touted to be one of the most subscribed to channels for teens, having over 14 million subscribers, 55,000 channels, and 800 million total views so far. DreamWorks acquisition of AwesomenessTV is the first major acquisition of a YouTube channel by a big media company, and it will help boost DreamWorks's online presence.

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Parse Facebook deal sees developer boost in face of naysayers

Parse Facebook deal sees developer boost in face of naysayers

This week the folks at Facebook and Parse have announced that they're joining teams, effectively, as the social networking giant acquires the company known for backend infrastructure for mobile apps. As a selection of notes from developers has appeared in comments and forums surrounding the acquisition suggesting they'd leave Parse in fear of Facebook, Parse CEO suggests the opposite has been happening. Noting the service's growth rate has increased by more than 9.4 times its normal rate, Parse CEO Ilya Suhkar has made a case for Facebook's influence as wholly positive.

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Owners of Digg acquire the “read-it-later” app Instapaper

Owners of Digg acquire the “read-it-later” app Instapaper

Betaworks, the company that acquired Digg just last year, has just made a new acquisition. Marco Arment, the creator of the popular "read-it-later" app Instapaper stated on his blog that after much consideration, he has sold a majority stake of the app to Betaworks. He felt that Instapaper had grown "far beyond what one person can do" and decided that he needed to let it go in order for it to prosper.

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