According to sources, the AT&T purchase of DirecTV is going to be announced tomorrow. Those familiar with the deal say it’s finalized, and just waiting on an announcement. Breaking news of the deal on a Sunday is odd, but the source of this may be even stranger.
Messaging app Blink has been acquired by Yahoo. A self-destructing messaging platform like of Snapchat, Blink saw minimal success in the US but broadened their scope to reach other markets. The service, which will be shuttered, saw widespread adoption in the Middle East.
Notoriously quiet about acquisitions, Apple may be set to make some noise. A report from Financial Times pegs the California company as close to tucking Dr. Dre’s Beats Electronics under their wing. The deal, reportedly worth $3.2 billion, would encompass all Beats properties.
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.
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.
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.
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.
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.