acquisition

Admitting cool hardware isn’t enough, Magic Leap invests big in AR content

Admitting cool hardware isn’t enough, Magic Leap invests big in AR content

Magic Leap has acquired FuzzyCube Software, according to sources, as part of a growing effort to create content for its eventual mixed-reality hardware. According to the sources, Magic Leap also considered buying Moonbot Studios, an animation firm behind some award-winning animations. That deal reportedly didn't go through, though Magic Leap is said to have still managed to nab twelve of its animators and artists for its own products.

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Apple acquires Workflow, the popular iOS automation tool

Apple acquires Workflow, the popular iOS automation tool

The mobile app market looks so easy to get into but staying in the business is a whole different game. Never mind competing with rivals, sometimes you even end up competing with the very makers of the platform you're building upon. Many a popular app ended up that way (hello, Night Shift), so perhaps you can count yourself lucky when you're actually acquired by said platform makers. In that sense, the developers of Workflow are probably on Cloud 9 now that they have been bought up by Apple, though the long-term implications of the acquisition has yet to be seen.

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Intel buys up Mobileye to boost autonomous driving efforts

Intel buys up Mobileye to boost autonomous driving efforts

Intel just became a bigger player in the realm of autonomous driving, announcing its planned acquisition of Mobileye today. If you've been following the rise of autonomous cars, you've likely already heard of Mobileye, as it has been developing machine learning and computer vision systems for self-driving cars. With Intel's increasing interest in the autonomous driving space, it makes Mobileye a pretty good acquisition target.

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Apple acquires facial recognition firm RealFace

Apple acquires facial recognition firm RealFace

It seems those recent rumors about Apple looking to implement facial recognition and other biometric features into future iPhone models are ringing true, as it's been reported that Cupertino has acquired RealFace, an Israel-based startup that specializes in facial recognition. This news comes from the Times of Israel, which adds that Apple purchased the company for an estimated $2 million.

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Planet Labs will acquire Google’s Terra Bella and SkySat satellites

Planet Labs will acquire Google’s Terra Bella and SkySat satellites

Planet Labs has announced plans to acquire the business Terra Bella from Google. An acquisition agreement has been struck between the two companies, according to Planet, which says it will also get the SkySat constellation of satellites as part of the acquisition. For its part, Google has agreed to purchase Earth imaging data from Planet Labs under a ‘multi-year contract’ once this deal is closed.

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Verizon eyes potential Charter buyout in its unending quest for expansion

Verizon eyes potential Charter buyout in its unending quest for expansion

Another day, another massive telecom company looking to expand its reach through mergers and acquisitions. Today the culprit is Verizon, and according to new reports, it's looking to add Charter to its portfolio of subsidiaries. Adding Charter to its ranks would expand Verizon's business significantly, but for the moment, Verizon is only in preliminary talks about a potential buyout.

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Microsoft acquires Maluuba, a deep learning startup in Montreal

Microsoft acquires Maluuba, a deep learning startup in Montreal

Microsoft has announced the acquisition of a Montreal-based startup named Maluuba. The acquisition seems to revolve around Maluuba’s natural language work, though the startup works on more than just that, ultimately focusing on the development of artificial intelligence capable of thinking and speaking like a human. Microsoft says that Maluuba’s vision is “exactly in line with ours.”

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Google buys Cronologics, makers of Alexa-powered CoWatch

Google buys Cronologics, makers of Alexa-powered CoWatch

Just when you thought Google was subtly ramping down its focus on Android Wear, it makes an unexpected move. It has just acquired the people running Cronologics, the startup behind the somewhat successful crowdfunding campaign for CoWatch. That “yet another smartwatch” set itself apart by being the first to put Amazon’s Alexa assistant on your wrist. Suffice it to say, with this acquisition, the CoWatch might remain to be only one with that feature, with the former Cronologics team devoting its attention on Android Wear 2.0 “and beyond”.

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The Pebble Post-Mortem: The Wisdom of the Crowd

The Pebble Post-Mortem: The Wisdom of the Crowd

You don't have to be writing about the tech industry long to see a company go from bright and shiny startup to bankruptcy; Pebble lasted longer than many. Then again, the wearables firm was always being predicted for imminent death, even as it was raising millions of dollars in crowdfunding cash for the original Pebble back in 2012. "The Apple Watch will crush Pebble," we were told, even though Apple's wearable didn't break cover until more than two years later, and then take more than six months to make it to store shelves.

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Microsoft celebrates LinkedIn purchase, talks plans for immediate future

Microsoft celebrates LinkedIn purchase, talks plans for immediate future

As expected, Microsoft's acquisition of LinkedIn has closed. With this acquisition, we see Microsoft's focus on the professional space continue to grow, as the company says this deal merges "the world’s leading professional cloud and the world’s leading professional network." The all-cash transaction topped out at $26.2 billion, or $196 per share.

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Fitbit makes Pebble users ask: What do I do now?

Fitbit makes Pebble users ask: What do I do now?

Pebble watch owners go to the web to suss out the Fitbit Pebble acquisition, asking what's next for them, the users. What does this acquisition of Pebble mean for a Pebble Time 2 crowdfunder? How about someone who owns a Pebble Watch from a past generation? As it turns out, there's very little a person can do if they're caught between Pebble and a hard place.

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Pebble Fitbit acquisition confirmed: Backers’ hardware cancelled

Pebble Fitbit acquisition confirmed: Backers’ hardware cancelled

It looks like the rumors were true - Fitbit has closed a deal to purchase rival smartwatch maker Pebble. The buyout was confirmed by Pebble just a few minutes ago, and unfortunately, this acquisition means the end of the line for Pebble's products. Pebble will now cease making hardware, and all Pebble devices that were in development have been cancelled.

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