acquisition

It’s official: AT&T now owns Time Warner

It’s official: AT&T now owns Time Warner

It’s the inevitable conclusion to an acquisition years in the making, especially after a US court gave its thumbs up. AT&T has just proudly announced that it has, at long last, completed its acquisition of Time Warner. This practically puts one of the US’ biggest entertainment companies into the hands of one of the country’s biggest telecom companies, creating a media giant that AT&T’s rivals will have a hard time toppling.

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Pocket Casts just got bought by these public radio all-stars

Pocket Casts just got bought by these public radio all-stars

There are a lot of podcast apps vying for your download out there, and for years, Pocket Casts has been considered by many to be one of the best. There's some big news for Pocket Casts users today, as the app has been jointly acquired by some big names in public radio. NPR, WNYC Studios, WBEZ Chicago, and This American Life have all partnered to purchase the app for an undisclosed amount.

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Flickr bought by SmugMug photo hosting service

Flickr bought by SmugMug photo hosting service

While it pales in popularity compared to the big social networks, photo-sharing site Flickr is still around. Founded in 2004 and purchased by Yahoo in 2005 for over $20 million, Flickr grew to roughly 75 million accounts, but has long been overtaken by social media giants like Facebook and Instagram. But now Flickr has a new owner, the professional photo hosting service SmugMug, and it promises to do what's best for the site and its users.

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Nest eyes Nokia’s health division to acquire Withings assets say sources

Nest eyes Nokia’s health division to acquire Withings assets say sources

Nokia's health division is up for sale and Nest has a strong interest in buying it, according to a new report. The purchase, should it happen, would score Nest, the Alphabet company, Nokia's Withings assets. The Withings product line is comprised of various consumer health products, including a smart bathroom scale, a wireless activity tracker, and more.

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Uber acquires JUMP to break into bike sharing

Uber acquires JUMP to break into bike sharing

It's a big day for Uber, as a new acquisition will see it branch out from the ride sharing service that made it a popular name. Uber revealed today its plan to purchase JUMP, a bike sharing company that's currently operating in San Francisco and Washington DC. Those who have been following the development of Uber's service for a while now probably won't find this acquisition as much of a shock, as Uber has been working with JUMP for a few months now to integrate a biking option in its app.

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MoviePass acquires Moviefone to amass more subscribers

MoviePass acquires Moviefone to amass more subscribers

Subscription-based company MoviePass is acquiring Moviefone from Oath, it has been revealed. The deal was struck between MoviePass's majority owner Helios and Matheson Analytics and Verizon subsidiary Oath. Moviefone, once a highly popular movie information service worth hundreds of millions, was purchased for a mere $1 million cash with a couple million common shares tossed in, according to a document filed with the SEC.

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Google acquires Tenor to make finding GIFs easier

Google acquires Tenor to make finding GIFs easier

Google has announced the acquisition of GIF platform Tenor, explaining that interest in GIFs has increased over the years and so it is targeting the content type. Google Images initially focused on images, but the way people communicate has changed and GIFs have become a common way to express ideas or emotions. As a result, Google Images experiences millions of GIF searches every single day.

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Foxconn is buying Belkin and Linksys

Foxconn is buying Belkin and Linksys

The Trump administration may have blocked the purchase of Qualcomm by Broadcom, but another transaction seems to have flown under its radar. Taiwan-based Foxconn is probably best known for assembling iPhones but it has recently been expanding its reach to become a force to reckon with in the hardware business. Now it has just announced that it will be acquiring Belkin International, which means that it might soon own Belkin, Linksys, and Wemo to create a “global consumer electronics leader”.

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Google acquisition of Lytro tipped for light field goodies

Google acquisition of Lytro tipped for light field goodies

It would appear that Google may be attempting to buy the imaging startup Lytro. The company Lytro was founded back in 2006 and began work with a rather boxy-shaped camera for consumers. This camera, the Lytro camera, was meant to be able to capture images in a way that allowed the user to re-focus even after the photo was captured. Now Google might want some of that technology for their very own.

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Broadcom pulls Qualcomm offer after Trump shuts deal down

Broadcom pulls Qualcomm offer after Trump shuts deal down

It would appear that Broadcom's ambitions of buying Qualcomm are well and truly dead. Broadcom formally withdrew its offer to acquire Qualcomm today, just a couple of days after the Trump administration permanently blocked the merger from taking place. Broadcom has also withdrawn the nominees it named for Qualcomm's board of directors, which will be decided at Qualcomm's 2018 annual stockholders meeting early next month.

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Broadcom Qualcomm takeover blocked by Trump over national security worries

Broadcom Qualcomm takeover blocked by Trump over national security worries

Broadcom's move to takeover Qualcomm just hit a permanent setback: President Trump has blocked the business plan, citing national security concerns. Broadcom, a Singapore-based company, has been attempting to nab Qualcomm for months, something the latter company has been resistant to. Under the legal declaration, Trump has blocked the "substantially equivalent merger, acquisition, or takeover" of Qualcomm by Broadcom.

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Nokia acquires Unium to bolster whole-home mesh WiFi portfolio

Nokia acquires Unium to bolster whole-home mesh WiFi portfolio

Nokia announced plans to acquire mesh networking company Unium earlier this week, a business move that paves the way for it to get in on the home WiFi market in a big way. Unium, which is based out of Seattle, specializes in intelligent mesh technology to give customers a whole-home WiFi experience. Over the weekend, Nokia explained that it will use Unium's software to expand its home WiFi portfolio with mesh networking capabilities.

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