acquisition

Microsoft Nokia acquisition details: closing this week

Microsoft Nokia acquisition details: closing this week

It’s become official today that Microsoft and Nokia plan on finalizing their deal in transferring Nokia Devices and Services to the Windows Phone-toting company. The final date is set for April 25th and will include a "transaction complete" notification when it’s all said and done. Included in this finalization are several new notes on how Microsoft will handle Nokia’s assets.

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Klout acquired by Lithium Technologies

Klout acquired by Lithium Technologies

Klout has been acquired by Lithium Technologies, the company has announced. Word of the acquisition arose in February, but the financial details were unknown at the time. As it turns out, the price paid was double what was originally rumored, coming in at $200 million.

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Oculus VR Facebook rebranding tipped: new interface and logo [UPDATE: Denied]

Oculus VR Facebook rebranding tipped: new interface and logo [UPDATE: Denied]

There’s a big change going on at Oculus VR this week. After announcing that they’d been acquired by Facebook for $2 billion USD in stock and cash, the team felt some relatively significant backlash from the internet-based public. Now they may be in for a second wave as word - the anonymous type, mind you - suggests that Facebook’s plans are to rebrand Oculus with a new interface and logo.

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Comcast wraps up FreeWheel acquisition

Comcast wraps up FreeWheel acquisition

A handful of days ago, word surfaced by way of anonymous sources that Comcast was in the process of acquiring slightly-aged startup FreeWheel, which specializes in serving up advertisements for Web videos, having bragging rights to many big-name clients. Today, sources have again surfaced, this time saying the business matter has been wrapped up.

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