acquisition

SoftBank acquiring ARM Holdings for $31.4-billion

SoftBank acquiring ARM Holdings for $31.4-billion

This week the folks at SoftBank have announced plans to acquire ARM Holdings for a cool $31.4-billion USD. An agreement between the companies has been reached which suggests that an all cash acquisition will be made. This acquisition will have SoftBank acquiring ARM, making ARM a "wholly-owned subsidiary of SoftBank." According to the release on this acquisition, "The consideration values the entire existing issued and to be issued share capital of ARM at approximately £24.3 billion."

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Clash of Clans now owned by Tencent with Supercell acquisition

Clash of Clans now owned by Tencent with Supercell acquisition

In one fell swoop, Chinese Internet giant Tencent suddenly owns 13% of the world's games market. That's thanks to its $10.2 billion acquisition of 84% stakes in Supercell, the Finnish company best known for its highly addictive and lucrative mobile game "Clash of Clans". With Supercell in its armory, Tencent is poised to spread its domination of the mobile gaming business from China to the rest of the world, pitting itself against major publishers and the likes of Candy Crush maker King, which is now owned by Activision Blizzard.

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Tesla makes SolarCity bid to build clean energy empire

Tesla makes SolarCity bid to build clean energy empire

Tesla wants to put electric cars, batteries, and solar power under one brand roof with an acquisition of the company called SolarCity. Tesla Motors wants to make start-to-finish green energy use a reality. In their vehicles - electric vehicles that is - and in the sun that generates power for batteries, all owned by a single user, all purchased from a single company. At the moment, Tesla does not have every piece of technology they need to make this a reality - but they hope to soon.

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Microsoft acquires Wand Labs for its natural language tech

Microsoft acquires Wand Labs for its natural language tech

Microsoft has announced the acquisition of messaging app developer Wand Labs, something it says will help the company bring about the vision of “Conversation as a Platform.” Namely, Microsoft is eyeing Wand's talent and technology, pointing specifically toward what it calls “conversational intelligence” — that is, natural language processing that allows machines to understand human language as it is naturally spoken.

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Fitbit’s Coin acquisition paves way for fitness band mobile payments

Fitbit’s Coin acquisition paves way for fitness band mobile payments

Coin, a four-year-old company that has developed technology for making mobile payments, was acquired by Fitbit this week. The acquisition will give Fitbit access to Coin’s intellectual property pertaining to its wearables payment platform, and will also bring some of Coin’s ‘key personnel’ to Fitbit. The deal spells the end to Coin’s payment products, but opens the door to mobile payments for Fitbit’s own customer base.

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Nokia acquires Withings to make more devices

Nokia acquires Withings to make more devices

It would seem more and more each time Nokia reveals another acquisition that they got the better end of the deal when they sold their phones division to Microsoft. Today they've announced that they've made a deal with Withings to acquire their digital health products and apps business in its entirety. This means that Nokia's back in business - in one of the most (surprisingly) long lasting sectors of the smart device universe over the past decade - health technology. Devices. Apps. Withings is about to be part of Nokia.

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Logitech buys Jaybird as part of its ‘audio wearables’ expansion

Logitech buys Jaybird as part of its ‘audio wearables’ expansion

Logitech has entered into an agreement to acquire Jaybird, an audio company that sells earbuds and more for athletes and sporty folks. Logitech will buy the company for $50 million in cash, as well as up to another possible $45 million depending on whether they hit some growth targets over the next couple of years. With this acquisition, Logitech will be furthering its expansion beyond PC speakers to include, in this case, audio wearable technology.

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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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