acquisition

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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Facebook and Oculus might be a great thing, really

Facebook and Oculus might be a great thing, really

With Facebook’s purchase of Oculus for a cool $2 billion, the tone turned sour almost instantly. The fervor surrounding virtual reality headwear quickly turned to disdain for a social platform few trust but most use. The promise seems gone for Oculus in the eyes of many backers and fans. Betrayal, confusion, and good old fashioned anger paint broad strokes over the acquisition.

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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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Intel acquires wearables company BASIS Science

Intel acquires wearables company BASIS Science

Last month, word surfaced from sources that Basis Science, maker of wearables, was looking to sell itself to a big-name company, with Google, Apple, Samsung and others having been tipped. Intel, as it turns out, was the company to take it over, with it having announced the acquisition on its website today.

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Dell acquires data company StatSoft

Dell acquires data company StatSoft

Following going private last year, Dell has acquired data-centric company StatSoft, it was announced today. With the company, Dell aims to expand its information management solutions offerings, boosting the Dell Software portfolio and increasing its customers' ability to utilize data.

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Rdio buys Indian music service Dhingana

Rdio buys Indian music service Dhingana

Rdio has acquired the Indian music service Dhingana, the latter company announced on its website today. With the acquisition will come a transition of Dhingana's talent to Rdio, working to expand the service's presence in India in particular, as well as other emerging markets.

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AT&T wraps up Leap Wireless acquisition

AT&T wraps up Leap Wireless acquisition

AT&T revealed last July plans to acquire Leap Wireless, which would bring Cricket Wireless under its wing. In November, the company achieved stockholder approval, and earlier today received a thumbs-up on the deal from the Federal Communications Commission. Shortly after, the carrier announced a finalization of the purchase.

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Rdio drops Echo Nest following Spotify acquisition

Rdio drops Echo Nest following Spotify acquisition

Last week, Spotify revealed that it will be acquiring The Echo Nest, a music-centric service that offers content curation and more. While Spotify has big plans for the new purchase, it spelled bad news for Rdio, which has revealed it will be dropping the company, doing so out of a desire not to share data with its competitor.

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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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Yahoo acquires graph-centric Vizify

Yahoo acquires graph-centric Vizify

Yahoo is no stranger to acquisitions, nabbing up scores of startups during CEO Marissa Mayer's reign. The latest among these is a startup based out of Porland, Vizify, which keeps itself busy by turning rote statistical information and data into visually-appealing interactive infographs. Vizify revealed the acquisition on its website today.

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