acquisition

Intel acquires Altera in $17bn IoT gadget play

Intel acquires Altera in $17bn IoT gadget play

Computer processor maker Intel acquires fellow chip-maker Altera in effort to combine technologies and lead the market through the future. Suggesting that this combination "harnesses the power of Moore's Law to accelerate Altera's existing businesses," Intel has announced that they'll acquire the company for $16.7 billion in an all-cash transaction. This combination will allow the companies to "make the next generation of solutions not just better," said Brian Krzanich, CEO of Intel, "but able to do more." This is the dawn of something greater and far more customizable than past products with either company on their own.

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Social network Path sold to Korea’s Daum Kakao

Social network Path sold to Korea’s Daum Kakao

Path, that social network with a focus on mobile sharing that not too many people use, has just announced that it has bought by Daum Kakao, a South Korean internet and mobile company. Dave Morin, Path's founder and CEO, revealed the news on the company's blog, adding that both Path Talk and the main Path app will continue to operate under Daum Kakao, as well as receive updates for the foreseeable future. The financial details of the deal were not revealed, however.

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Google, Yahoo said to also be interested in buying Flipboard

Google, Yahoo said to also be interested in buying Flipboard

Barely a day after the news broke that Twitter was considering an acquisition of Flipboard, the mobile newsreader app, news has surfaced that both Google and Yahoo are also interested, and have even had talks with Flipboard already. The negotiations between Twitter and Flipboard were described as having hit a roadblock in April, though the purchasing price was said to be as much as $1 billion. Sources told the Wall Street Journal that internet giants Google and Yahoo have met with Flipboard in just the last few weeks, but no prices were revealed.

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Oculus VR acquires Surreal Vision, opens door to AR

Oculus VR acquires Surreal Vision, opens door to AR

Virtual Reality company Oculus acquires Surreal Vision, a company that focuses on real-time 3D scene reconstruction for Augmented Reality. This acquisition puts Oculus in a good position to take on companies that've risen up to create their own VR and AR headsets in the time since Oculus VR and the Oculus Rift VR headset was first revealed. With the software Surreal Vision has been working with, Oculus will be able to take on groups like Microsoft's HoloLens and Google's Project Tango.

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Time Warner Cable rumored to be acquired by Charter for $55B

Time Warner Cable rumored to be acquired by Charter for $55B

While the talks of a merger with Comcast have only just subsided following regulators' disapproval, it appears that Time Warner Cable has already found another suitor. In a new report from Bloomberg this week, TWC is said to be nearing an acquisition deal with Charter Communications worth roughly $55 billion in cash and stocks. The deal, which could be announced as early as Tuesday, is also said to include Charter's $10.4 billion purchase of smaller cable TV provider Bright House Networks, a deal that was made prior to the TWC talks.

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Twitter tipped to be eying Flipboard acquisition

Twitter tipped to be eying Flipboard acquisition

After Periscope, it seems that Flipboard is next in Twitter's crosshairs. While this idea of this acquisition plans might raise eyebrows just for the perplexity of the concept, that seems to be exactly what insider sources are saying. According to them, Twitter is engaged in talks to buy all of Flipboard. Whatever Twitter's purpose, it better be a strong one because it might cost it quite a lot. An all-stock acquisition puts Flipboard's value at $1 billion, not exactly a cheap number for a whimsical purchase.

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Microsoft tipped to buy Wunderlist developers 6wunderkinder

Microsoft tipped to buy Wunderlist developers 6wunderkinder

Rumor has it that Microsoft is going to continue its recent trend of buying out popular apps focused on organization and work-related tasks, this time by acquiring 6wunderkinder, the developers behind the popular to-do list/task-management app Wunderlist. This information comes from an anonymous source, but lending a bit of credibility to the idea is the fact that just this week Wunderlist announced a new feature that brings integration with Sunrise, a calendar app that was purchased by Microsoft in February.

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Facebook hires startup Tugboat Yards

Facebook hires startup Tugboat Yards

Facebook has acqui-hired, so to speak, the startup Tugboat Yards, it has been announced. The announcement was made by Tugboat Yards itself, which says that it is feeling both excited and melancholy about the new business deal. Under this deal, Tugboat Yards will be completely shutting down on June 30, with the team then heading on over to Facebook to join the social network’s product team. Says the new Facebook team members, they’ll be working on media products including video and news.

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Time Warner Cable: telecom Altice tipped with acquisition ambitions

Time Warner Cable: telecom Altice tipped with acquisition ambitions

The Comcast and Time Warner Cable merger didn't happen, and many agree that is a good thing. That means Time Warner Cable is back up for grabs, and another telecommunications company is said to be eyeing it with acquisition ambitions. That company is the European telecommunications firm Altice, which is under the control of French investor Patrick Drahi. Altice is also said to be in advanced talks about acquiring Suddenlink, a US cable operator. Neither rumors are official at this point, however.

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Verizon buys AOL for $4.4 billion cash

Verizon buys AOL for $4.4 billion cash

Here’s one we didn’t see coming: Verizon has agreed to purchase AOL. The deal, worth $4.4 billion in cash, gives Verizon something they’ve been wanting for some time — an instantly powerful ad network. AOL’s most recent earnings highlight that; 7% year-over-year growth in revenue, all on the back of third party ad sales, which grew 19% versus last year. As the AOL we knew shrinks from us (you can no longer use it for Apple sign-ins, for instance), the ad network kept them relevant enough for an acquisition.

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