The final deal price of the acquisition slated to close this Wednesday – $2.1 billion – is lower than the $2.3 billion announced earlier in January.
Tag: Merger & Acquisition
Adobe takes Aviary’s photo-editing platform into its fold
Adobe: This acquisition is both a complement and an accelerant to our vision for mobile creativity. As a company serving the creative world, Adobe has a responsibility to remove friction from the creative process and enable the creative world to create in new and remarkable ways. The Aviary team will play a crucial role helping build and connect the next generation of creative applications.
Huawei shells out $25 million for Neul
Huawei: Huawei is delighted to have acquired Neul and its ground-breaking innovations in the IoT. Huawei has no doubt that the IoT market offers huge scope to expand and to deliver important new services and solutions to our customers.
SAP to buy Concur Technologies in an $8.3 billion deal
Bill McDermott, CEO of SAP: This is one of the fastest growing software-as-a-service businesses in the world. There is no No. 2 to Concur — they essentially own this market.
Google scoops up social polling startup Polar
Dave Besbris, VP of engineering for Google+: I’m thrilled to welcome +Luke Wroblewski and the talented Polar team to Google! They’ll be joining our team and helping us make G+ even more awesome.?
Apple confirms bagging start-up BookLamp in April
One of the 29 small and big acquisitions that Cupertino has gone for in total, just in the past 9 months!
Cisco to shell out $175M for Tail-f Systems
Cisco is all set to staff up the Internet of Things team, with the latest move in the form of strategic acquisition of Tail-f Systems – a big win for the company!
Dropbox bags messaging startup ‘Droptalk’
Continuing the acquisition spree, Dropbox scoops up another start up Droptalk!
Twitter bags native ad start-up Namo Media
Another advertisement venture added to Twitter’s flock!!
Google’s YouTube likely to scoop up Twitch for $1 billion
Google’s YouTube is in talks to buy Twitch, the live-streaming video game service for more than $1 billion, claims a new report. Variety reports, citing sources familiar with pact that the all-cash…
Yahoo takes over Snapchat’s rival Blink
Yahoo has acquired Blink, a mobile messaging app that lets users share self-destructing messages on Tuesday. The financial terms of the deal are yet to be disclosed. Following the acquisition, Blink, a…
Twitter buys its long-term data partner Gnip
Twitter on Tuesday announced that it has acquired Colorado based social data provider start-up Gnip, with which it has been working closely for years. The company is yet to disclose the financial…
IBM acquires marketing startup Silverpop
IBM on Thursday announced its acquisition of Atlanta-based Internet marketing firm, Silverpop, to boost its business services portfolio. The take-over deal, which is still to get a regulatory approval, is expected to…