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‘acquisition’ Stories

Google’s Motorola deal still awaits China’s approval

, Mar 19th 2012 Discuss [1]

Google's deal to acquire Motorola Mobility for $12.5 billion is still waiting for approval by China's antitrust agency. The deal has already received clearance from the US Justice Department, the European Union, and other jurisdictions around the world, making China the last hurdle. However, Chinese regulators have added another round of investigations, which could bring further delays. Read The Full Story

AOL picks up photo app Hipster

, Mar 15th 2012 Discuss [0]

AOL has just announced that it has acquired a photo-sharing app called Hipster and its namesake company. Launched last year, Hipster has 100,000 users that create their own digital postcards, containing location data, that can be shared with their friends and family. With the acquisition, the entire team moves to AOL and will also be developing other projects. Read The Full Story

Twitter buys Posterous social startup

, Mar 12th 2012 Discuss [1]

Twitter has just added another new online company to its arsenal. The microblogging site announced in an official blog post that it has acquired Posterous, a company that specializes in building products that allow users to easily share online content with friends. Posterous's technology delved deeply into the mobile social space, where Twitter has been trying aggressively to make inroads. Read The Full Story

AMD buys SeaMicro to enter cloud server business

, Feb 29th 2012 Discuss [2]

Chip maker Advanced Micro Devices has announced today that it is buying server startup SeaMicro for $334 million in a bold and surprising move to bolster its server business against long-time rival Intel. AMD has failed to secure a spot in the mobile space and now hopes to double down on its server business with SeaMicro, which specializes in highly dense and power-efficient servers for large-scale cloud computing. Read The Full Story

Sprint’s possible MetroPCS buyout is off the table

, Feb 24th 2012 Discuss [4]

Sprint had been discussing the possibility of buying out rival low-cost carrier MetroPCS for a whopping $8 billion, but those talks have come to an end and no deal will be made, according to a Business Week report. The deal was shut down not by MetroPCS, but internally by Sprint. The company's board of directors reportedly rejected it before any serious back-and-forth between the carriers began. Read The Full Story

Nintendo acquires video software company Mobiclip

, Feb 13th 2012 Discuss [6]

In the increasingly common world of startup acquisitions, Nintendo is usually not a major player. Google, Facebook, Microsoft, etc are usually the ones making news for snatching up a specialized technology company to better integrate its services into future software and products. This is because Nintendo is usually not on the front lines of emerging tech, but this time it's a different story as the Mario company has just acquired a company called Mobiclip. Read The Full Story

Google’s Motorola deal expects EU approval next week

, Feb 10th 2012 Discuss [0]

Google's bid to purchase Motorola Mobility for $12.5 billion is set to be approved by the US Department of Justice next week and now insiders claim that the merger will also get the green light in Europe. The European Commission will reportedly approve the deal in "unconditional" form, determining that the acquisition is not anti-competitive. Read The Full Story

Google’s Motorola Mobility acquisition set for approval this month

, Feb 9th 2012 Discuss [2]

Apparently, the end is near for the deal that will see Google acquiring Motorola Mobility and get its own hand in the smartphone hardware business. The Department of Justice said to be ready to approve the acquisition with the final word to be handed down on February 13. The Department of Justice is ready to give the purchase its approval, but there are still some in the US and Europe that worry Google might use its acquisition to force licensing of the patents Motorola Mobility holds to other companies on unfair terms. Read The Full Story

GigaOM acquires paidContent.org’s parent company

, Feb 8th 2012 Discuss [1]

GigaOM, a San Francisco-based Web 2.0 online news site, has acquired fellow digital media company ContentNext Media, the parent company of the popular site paidContent.org. ContentNext was put up on the market last November after its previous owner, Guardian News & Media, decided to ditch the brand and focus instead on expanding the reach of its other online publication. In other words, it's a whirlwind of corporate hand-offs that was officially announced today. Read The Full Story

Google-Motorola deal approval deadline set for February 13 in Europe

, Jan 19th 2012 Discuss [2]

The European Commission has set a February 13 deadline to decide whether or not to approve Google's $12.5 billion acquisition of Motorola. The new date comes after the commission suspended the January 10 deadline to wait for additional documents from Google. Read The Full Story

Kobo’s $315 million acquisition by Rakuten closes

, Jan 11th 2012 Discuss [0]

The $315 million acquisition of Kobo by Japan's Rakuten, announced back in November, has now successfully closed. All outstanding shares of Kobo owned by founding company Indigo Books & Music will go to Rakuten, while Kobo's management team will remain with the company and stay headquartered in Toronto. Read The Full Story

AT&T drops its T-Mobile merger deal

, Dec 19th 2011 Discuss [10]

The AT&T and T-Mobile merger deal is officially dead. After months of seeking FCC approval and facing several road blocks, including a lawsuit from the DOJ, AT&T has finally succumbed to defeat and issued a statement today announcing that it is dropping its proposed bid to takeover T-Mobile for $39 billion. Read The Full Story
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