acquisition

Google close to striking buyout deal with facial recognition company Viewdle

Google close to striking buyout deal with facial recognition company Viewdle

Facial recognition seems to be all the rage these (depending on who you ask, at least), and now it seems that Google wants a slice of that pie. CNET is reporting that the big G has almost closed on a deal to buy facial recognition firm Viewdle, and that the buyout could close sometime this week. Google has reportedly been working for a year to purchase Viewdle, and if that's true, then its clear that Google really wants to add Viewdle's facial recognition technology to its portfolio.

Continue Reading...

Electronic Arts tried to purchase Valve in the past

Electronic Arts tried to purchase Valve in the past

When you say "Electronic Arts" and "Valve" in the same sentence, most gamers will likely point to the digital distribution tussle currently going on between the two. Electronic Arts wants its platform, Origin, to become one of Steam's biggest competitors, and Origin has garnered a lot of negative comments in the past couple of years because of that. Valve and Electronic Arts have always had a seemingly close relationship though, and it might surprise some to hear that at one point, Electronic Arts was considering purchasing Valve, as The New York Times is reporting today.

Continue Reading...

FTC Facebook Instagram investigation ends silently

FTC Facebook Instagram investigation ends silently

Today an investigation into the proposed purchase of the photo sharing app Instagram by the social network Facebook has been ended as silently as it was started. The acquisition of Instagram was made famous earlier this year as Facebook payed a reported $1 billion dollar sum to take over the brand in its entirety. The FTC's Bureau of Competition worked with the Bureau of Economics to investigate the deal to make sure no anticompetitive business practices were taking place - they found nothing to write home about.

Continue Reading...

Hulu CEO reportedly on the way out

Hulu CEO reportedly on the way out

Hulu might be going through some big changes within the next month, Variety reports. According to an uncovered internal memo, Hulu may find itself without a CEO at some point September, and the company may end up with less content to offer its viewers. If all of this is true, it could potentially change the streaming service as we know it.

Continue Reading...

Ex-OnLive employee claims half of workforce laid off

Ex-OnLive employee claims half of workforce laid off

Friday was something of a whirlwind day for the employees and executives of OnLive. At the start of the day, we heard that OnLive would be shutting down, with a number of employees saying they had been handed pink slips. Throughout the day, OnLive executives claimed that everything was fine. After the end of business of Friday, OnLive announced that it had been "acquired into a newly-formed company" and with this freshly-found financial backing, would be re-hiring a "large percentage" of its staff as it makes this transition.

Continue Reading...

Electronic Arts reportedly up for sale

Electronic Arts reportedly up for sale

Electronic Arts may be on the market, if anonymous sources speaking to The New York Post are to be believed. Apparently, the massive games publisher is "quietly exploring a sale." If that's the case, then Electronic Arts has failed miserably at keeping this a secret. Talks are still at an early stage, these sources claim, but equity firms KKR and Providence Equity Partners are said to be two companies that are interested in making a deal.

Continue Reading...

Apple targets fingerprint scanners with incoming AuthenTec purchase

Apple targets fingerprint scanners with incoming AuthenTec purchase

It would appear that Apple is really, really interested in implementing fingerprint sensor technology with its devices. Last month, Apple announced that it had agreed to buy AuthenTec for $356 million, and today we're getting a better idea of the events leading up to this purchase. According to a filing with the Securities and Exchange Commission yesterday (uncovered by The Next Web), Apple's offer to purchase the company came when the iPhone maker decided it didn't want to enter a commercial agreement with AuthenTec during talks of a licensing deal.

Continue Reading...

Clutch.io joins Twitter’s Growth and International team

Clutch.io joins Twitter’s Growth and International team

Twitter has acquired yet another company, this time buying out Clutch.io. The deal was announced today, with the Clutch.io team saying that they will be joining Twitter's Growth and International team. They also say that they're starting work at Twitter immediately, so it seems that Twitter is wasting no time in taking advantage of the Clutch.io team's talents.

Continue Reading...

Google announces Wildfire acquisition

Google announces Wildfire acquisition

Google announced today that it has purchased Wildfire, a social media marketing startup. Wildfire is only four years old, and since its inception its been helping businesses keep track of their presence across various social networking sites, including Facebook, Twitter, and Google Plus. Neither company is talking about how much Google paid for Wildfire, but AllThingsD says that sources close to the deal reckon the amount is somewhere around $250 million.

Continue Reading...

Yammer to remain free after Microsoft purchase

Yammer to remain free after Microsoft purchase

Last month we learned that Microsoft was paying a whopping $1.2 billion to acquire Yammer, a company which provides social networking tools to be used inside the business world. Being a part of Microsoft opens up a lot of opportunities for the folks at Yammer, but the acquisition has some worried that it won't be long before Yammer's services - which are initially provided for free - will require an upfront purchase. That won't be the case, Yammer CEO David Sacks tells Wired, as the company will be sticking with its "freemium" model as it becomes part of Microsoft.

Continue Reading...