Microsoft has announced its decision to acquire Canada based Adxstudio in an acquisition that will see Redmond bag ‘key product and technology assets’ and not the consulting business. While no one is…
Tag: Acquisition
Huge price hike for tuberculosis drug rescinded after public outcry
Cycloserine, an important tuberculosis drug, has had a roller coaster ride over the past few days with its prices raised to a whopping $10,800 for 30 capsules from $500. However, after a…
BlackBerry acquires Good Technology for $425 million in cash
In what has been pegged as a decision aligned with BlackBerry’s strategy, the Canadian leader in secure mobile communications has revealed its decision of acquiring Google Technology for $425 million in cash….
Rentokil to acquire pest-control business Steritech for $425 million
UK services company, Rentokil Initial, has announced it is acquiring North American pest-control business Steritech for $425 million. Rentokil said the acquisition deal, which is subject to regulatory approval, will strengthen its…
Allergan to acquire Naurex in $560 million deal
Allergan and Naurex have inked a definitive agreement under which the former will acquire the latter for a $560 million upfront payment net of cash acquired. Under the terms of the agreement,…
Microsoft sells a part of Bing Mapping technology to Uber
Online cab hailing service Uber is acquiring some of Microsoft’s map-generating technologies, in a bid to boost its own mapping service. This means that Microsoft will now just display maps on its…
Intel completes Recon Instruments’ acquisition
Intel has completed the acquisition of Recon Instruments thereby further strengthening its position in the wearables market. Recon Instruments considers this acquisition a huge milestone for the company and a pivotal event…
Google, Permira may join hands for Tesco’s customer data business
Reports are flowing in about a possible collaboration between Google and Permira for a joint bid for British retailer Tesco Plc’s customer data business. Tesco’s data department, Dunnhumby, could be valued at…
Oculus VR acquires virtual reality startup Surreal Vision
Facebook-owned virtual reality headset maker Oculus VR has reportedly acquired Surreal Vision, a company that specializes in generating real-time, 3D worlds. The acquisition of Surreal Vision hints at Oculus making a move…
Cisco bags Cloud API specialist Tropo
Cisco on Thursday announced it is buying Tropo, a privately held company which specializes in Cloud APIs for voice and text applications. Founded in 2009, Tropo technology is designed to enable developers…
Uber eyeing Nokia’s HERE mapping unit: Report
Recent reports suggest taxi-hailing service Uber has put in a bid of around $3 billion to acquire Nokia’s HERE mapping unit. According to a report published in the New York Times, citing…
Microsoft bags Israel-based Surface Pen maker N-trig
Microsoft on Friday announced it has acquired N-trig, the Israeli firm behind its popular Surface Pen for the Surface Pro 3 and Surface 3. The two tech giants have been partners since…
ARM acquires two US startups – ‘Wicentric’ and ‘Sunrise Micro Devices’
ARM on Thursday announced it has acquired two US startups Wicentric and Sunrise Micro Devices in a bid to boost its presence in the Internet of Things arena. Wicentric is a privately…
Nokia to buy telecom equipment maker Alcatel-Lucent
Nokia has agreed to buy French telecom equipment maker Alcatel-Lucent in an all-stock deal valued at 15.6 billion euros (USD 16.6 billion). As part of the agreement approved by both companies’ boards,…
Sony acquires OnLive patents and patent-related assets
Sony Computer Entertainment has acquired OnLive’s US and foreign patent portfolio as well as certain patent-related assets for an undisclosed amount. Confirming the deal, Sony said the purchase opens “great opportunities for…