acquisition

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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Beme to shut down after acquisition by CNN

Beme to shut down after acquisition by CNN

The video streaming social media app Beme and the company that makes it have been swooped up by CNN. The announcement came from Beme co-founder and CTO Matt Hackett today, and it comes with some bad news for Beme users. According to Hackett, the app will be shutting down on January 31 as the Beme team focuses on new projects under the CNN banner.

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Tesla’s SolarCity acquisition closes after investor approval

Tesla’s SolarCity acquisition closes after investor approval

Tesla and SolarCity are now one and the same. Both companies announced this morning that its acquisition of SolarCity has been finalized, completing a process that began back in August. Tesla revealed late last week that its investors had approved the acquisition, removing the final roadblock in merging the two companies.

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Tesla and SolarCity shareholders approve acquisition

Tesla and SolarCity shareholders approve acquisition

It appears that Tesla and SolarCity will soon be operating as one company. Shareholders from both companies have approved Tesla's acquisition of SolarCity, which was a necessary step for the two to merge. Tesla's plans for acquisition were announced at the beginning of August, and everything seems to be playing out according to the timeline that was originally envisioned.

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Tesla acquires Grohmann Engineering to boost automation and production

Tesla acquires Grohmann Engineering to boost automation and production

As it prepares to ramp up production with the introduction of its Model 3, Tesla has announced plans to acquire Grohmann Engineering. Based in Prüm, Germany, Tesla plans to use Grohmann's approach to automation to help it increase production. This is also the first step toward Tesla adding 1,000 advanced engineering and skilled technician jobs in Germany over the next two years.

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