acquisition

Yahoo spent more than anyone on acquisitions in 2013, but why?

Yahoo spent more than anyone on acquisitions in 2013, but why?

Yahoo, who trail behind contemporaries like Google, have topped the list of large tech companies making acquisitions in 2013. According to a study by PrivCo, Yahoo acquired more companies and spent more money than anyone else. With an upcoming investment maturing, the spending may increase, but some are wondering what Yahoo is up to.

Continue Reading

Nintendo acquires over $100M in tech: here’s what’s possible

Nintendo acquires over $100M in tech: here’s what’s possible

Tonight we’ll hear more from Nintendo on what their financial results mean, but for now, number sticks out above the rest: $100 Million Dollars. According to David Gibson, Senior Analyst and Regional Head, Macquarie Research Japan, he’s got the early word on Nintendo’s biggest acquisition in recent history.

Continue Reading

Google buys Appetas, could spell doom for Yelp

Google buys Appetas, could spell doom for Yelp

After purchasing Zagat in 2011, Google’s restaurant review ambitions have floundered. Though they have one of the more powerful properties in the restaurant industry, there was no native way to interact or otherwise provide quick and easy feedback on your favorite eating spot. With their purchase of Appetas, Google is taking an end-around, potentially crippling the troubled Yelp in the process.

Continue Reading

AT&T tipped in DirecTV acquisition ambitions

AT&T tipped in DirecTV acquisition ambitions

According to "people familiar with the situation" that spoke to The Wall Street Journal, AT&T has talked to DirecTV about acquiring the company. Says one of these sources, this deal has followed the Comcast/Time Warner Cable merger, and DirecTV is reportedly receptive to the idea.

Continue Reading

Facebook acquires Moves for fitness tracking

Facebook acquires Moves for fitness tracking

It should be clear at this point that Facebook’s acquisitions are not relegated to easily interpreted use-cases for social networking. Announcing today that they’d been acquired by Facebook, the ProtoGeo Oy and their Moves app are "delighted" that they’re going to be joining the brand giant.

Continue Reading

Apple “on the prowl”: 24 acquisitions in 18 months

Apple “on the prowl”: 24 acquisitions in 18 months

Generally the news is that Apple was discovered to have acquired a single company. Today it’s become apparent that Apple has been acquiring companies rather quickly, with Tim Cook himself confirming that they’d acquired 24 companies over the past 18 months. "That shows that we are on the prowl," said Cook.

Continue Reading

Facebook Oculus VR acquisition approved by FTC

Facebook Oculus VR acquisition approved by FTC

It’s time for Facebook to make their move with Oculus VR, the makers of the virtual reality headset Oculus Rift. This acquisition was announced earlier this year not long after GDC 2014, and the introduction of Sony’s Project Morpheus - though there’s no direct evidence linking the two events. Here we’re seeing the Federal Trade Commission (FTC) announcing that Facebook’s acquisition of Oculus VR is A-OK.

Continue Reading

Microsoft Nokia acquisition details: closing this week

Microsoft Nokia acquisition details: closing this week

It’s become official today that Microsoft and Nokia plan on finalizing their deal in transferring Nokia Devices and Services to the Windows Phone-toting company. The final date is set for April 25th and will include a "transaction complete" notification when it’s all said and done. Included in this finalization are several new notes on how Microsoft will handle Nokia’s assets.

Continue Reading

Klout acquired by Lithium Technologies

Klout acquired by Lithium Technologies

Klout has been acquired by Lithium Technologies, the company has announced. Word of the acquisition arose in February, but the financial details were unknown at the time. As it turns out, the price paid was double what was originally rumored, coming in at $200 million.

Continue Reading

Facebook and Oculus might be a great thing, really

Facebook and Oculus might be a great thing, really

With Facebook’s purchase of Oculus for a cool $2 billion, the tone turned sour almost instantly. The fervor surrounding virtual reality headwear quickly turned to disdain for a social platform few trust but most use. The promise seems gone for Oculus in the eyes of many backers and fans. Betrayal, confusion, and good old fashioned anger paint broad strokes over the acquisition.

Continue Reading

Oculus VR Facebook rebranding tipped: new interface and logo [UPDATE: Denied]

Oculus VR Facebook rebranding tipped: new interface and logo [UPDATE: Denied]

There’s a big change going on at Oculus VR this week. After announcing that they’d been acquired by Facebook for $2 billion USD in stock and cash, the team felt some relatively significant backlash from the internet-based public. Now they may be in for a second wave as word - the anonymous type, mind you - suggests that Facebook’s plans are to rebrand Oculus with a new interface and logo.

Continue Reading

Intel acquires wearables company BASIS Science

Intel acquires wearables company BASIS Science

Last month, word surfaced from sources that Basis Science, maker of wearables, was looking to sell itself to a big-name company, with Google, Apple, Samsung and others having been tipped. Intel, as it turns out, was the company to take it over, with it having announced the acquisition on its website today.

Continue Reading