acquisition

Google buys Appetas, could spell doom for Yelp

Google buys Appetas, could spell doom for Yelp

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.

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Apple “on the prowl”: 24 acquisitions in 18 months

Apple “on the prowl”: 24 acquisitions in 18 months

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.

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Facebook Oculus VR acquisition approved by FTC

Facebook Oculus VR acquisition approved by FTC

It’s time for Facebook to make their move with Oculus VR, the makers of the virtual reality headset Oculus Rift. This acquisition was announced earlier this year not long after GDC 2014, and the introduction of Sony’s Project Morpheus - though there’s no direct evidence linking the two events. Here we’re seeing the Federal Trade Commission (FTC) announcing that Facebook’s acquisition of Oculus VR is A-OK.

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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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