acquisition

Foxconn, Sharp tipped to close acquisition deal on March 31

Foxconn, Sharp tipped to close acquisition deal on March 31

In late February the news broke that troubled Japanese tech giant Sharp had agreed to an acquisition deal with Taiwan's Foxconn. Both sides were happy with the arrangement, but just before ink was put to paper it was revealed that Sharp had financial liabilities amounting to a staggering $3.1 billion. Foxconn execs were stunned, to say the least, and the deal was immediately placed on hold to renegotiate a reduced bailout. It is now believed that the two companies are ready to move forward, with March 31st said to be the day the deal will be closed.

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GM buys autonomous driving start-up Cruise Automation

GM buys autonomous driving start-up Cruise Automation

US auto giant General Motors has announced that it's acquired Cruise Automation, a San Francisco-based start-up focusing on self-driving technology. There's no doubt this is in effort for GM to develop and bring its own autonomous vehicles to the market as soon as possible. GM says Cruise will operate as an independent unit, keeping their West Coast office open, but exist as part of their recently formed Autonomous Vehicle Development Team.

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Facebook acquires Masquerade, the face-swapping app

Facebook acquires Masquerade, the face-swapping app

Just days after Snapchat added a face-swapping lens, Facebook has made a similar announcement: it has acquired Masquerade, a popular face-swapping and live filter app that goes by 'MSQRD' in the App Store and Google Play. Masquerade’s CEO Eugene Nevgen talked about the acquisition today, saying, “Within Facebook, we’re going to be able to reach people at a scale like never before.” Don’t worry, non-Facebook users — the standalone app won’t be going anywhere.

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Microsoft pulls out of $8 billion Slack deal

Microsoft pulls out of $8 billion Slack deal

There have been reports floating around since Friday that Microsoft was interested in purchasing the messaging service Slack. This was a bit strange, considering that the company already owns one of the largest messaging services, Skype. It turns out that the rumors were true, and that Microsoft was considering purchasing the company. However, the key word now is "was."

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Report: Microsoft considered seeking $8bn Slack acquisition

Report: Microsoft considered seeking $8bn Slack acquisition

Microsoft considered shelling out $8 billion for the messaging service Slack, according to a new report. Not everyone in charge as Microsoft liked the idea, though, and Bill Gates himself reportedly urged for the company to instead focus on Skype and ways to make it more competitive. The news follows the recent addition of voice calls to Slack, positioning it to better battle against Skype.

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Foxconn, Sharp deal in danger due to financial liabilities

Foxconn, Sharp deal in danger due to financial liabilities

The unfolding events feel as if they have gone from mere business case to TV drama, with a potential spouse mulling over leaving the other due to past dark secrets. The deal between Japan's Sharp and Taiwan's Foxconn almost seemed ready to be inked but, at the last minute, Sharp may have revealed a bombshell that had Foxconn executives going berserk. That bombshell was just how much potential financial liabilities that Sharp will be bringing along when it moves in with Foxconn, amounting to no less than $3.1 billion.

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Microsoft buys Xamarin, the company behind its cross-platform apps

Microsoft buys Xamarin, the company behind its cross-platform apps

Microsoft has announced the purchase of Xamarin, a company that allows mobile apps to be developed for multiple platforms simultaneously. The startup's technology basically lets developers write the code for their apps in a single language, and then easily adapts it for iOS, Android, and Windows. Seeing as how Microsoft has quickly moved to offering its apps on iOS and Android in the last few years, such as the mobile versions of Office, the acquisition makes perfect sense.

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Runkeeper app bought by shoe-maker ASICS

Runkeeper app bought by shoe-maker ASICS

One of the growing trends in the world of mobile app acquisitions is for sportswear companies to grab up apps that provide some sort of fitness tracking and social sharing features. This trend can be seen in Adidas' purchase of Runtastic, Under Armour's acquisition of MyFitnessPal, and the latest being ASICS buying Runkeeper. Jason Jacobs, CEO of Runkeeper, made the announcement in a post on Medium, although the amount of money involved was not disclosed.

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Microsoft tipped to have bought SwiftKey for its AI

Microsoft tipped to have bought SwiftKey for its AI

Microsoft already has a "smart" virtual keyboard for both tablets and smartphones. In fact, it was just recently rumored that it would be bringing its keyboard to Android and iOS, the latter with possibly some interesting special features. So it might, at first, be surprising to hear about its acquisition of UK-based SwiftKey, makers of one of the more popular mobile keyboards. But old Redmond isn't paying $250 million just for a keyboard. It is, in truth, more interested in the AI talent and software behind it.

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ZAGG acquires Mophie to make one accessories giant

ZAGG acquires Mophie to make one accessories giant

This afternoon ZAGG announced that they'd be acquiring Mophie, bringing the battery giant into the accessories giant thusly. ZAGG will be holding a conference call for investors this evening at 6:30 PM Eastern Time, at which point ZAGG will explain the terms of this merger. ZAGG suggests that this combination of companies will create one which had a combined net sales of "approximately $470 million" in the year 2015.

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Apple acquires education startup LearnSprout

Apple acquires education startup LearnSprout

Apple has acquired the education startup LearnSprout, the company has confirmed. LearnSprout offers a simplistic but robust way for schools and educators to monitor their students’ academic performance, and according to its website, thousands of school districts across the United States already use the platform. The acquisition is reportedly to help Apple bolster the educational tools available on its iPad.

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Apple acquires Emotient for AI emotion detection

Apple acquires Emotient for AI emotion detection

This morning it became apparent that Apple had acquired Emotient, an artificial intelligence startup. This startup works with emotion KPIs, meaning they're in the business of watching your face and body to decide how you feel. With that information, Emotient aims to detect attention, engagement, and sentiment. Implications from their public presentation of business suggests that they've been aiming their business at advertisers - as well as other odd product creators on mobile platforms.

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