Hewlett Packard has agreed to buy Wi-Fi solutions provider Aruba Networks Inc for an equity value of $3 billion in a bid to boost its networking business. HP is hoping that acquiring…
Tag: Mergers and Acquisition
Sky eyeing possible merger deal with Telefonica’s O2
Sky is reportedly in talks with UK mobile network O2’s Spanish owner, Telefonica, on a possible merger or collaboration deal. Sky is the latest entrant joining TalkTalk, China’s Hutchison Whampoa and Liberty…
Google in talks to bag mobile payments startup Softcard
Recent reports suggest Google is in talks to acquire mobile payments company Softcard. According to a report on TechCrunch, which cites people familiar with the situation, the search giant is interested in…
BT likely to reveal result of O2, EE acquisition talks today
BT, which has been in active talks with both O2 and Everything Everywhere (EE) for a possible takeover, is likely to announce the result of the talks believed to have concluded over…
Telefonica Chairman lands in London to meet with BT for O2 acquisition deal
BT is expected to make a choice between a takeover of O2 or EE by as early as next week according to previous reports and latest reports now indicate that Telefonica chairman…
BT all set for O2 takeover, new report claims
BT is all set to takeover O2, the number two mobile operator in the UK, a new report, citing sources aware of the development, has claimed. This comes just a day after…
Microsoft bags Israeli enterprise security startup Aorato
Microsoft on Thursday announced it has acquired Israeli enterprise security startup Aorato. Founded in 2011 by Israeli Defense Forces veterans, Aorato’s core product is a software that keeps a check on enterprise…
Yahoo takes video advertising platform BrightRoll into its fold for $640 million
Yahoo, on Tuesday, announced that it has acquired San-Francisco-based video advertising platform BrightRoll for $640 million in cash. Announcing the acquisition, Yahoo CEO Marissa Mayer in a statement said “BrightRoll is a…
$2.5 billion Microsoft-Mojang acquisition deal finally complete
Microsoft is now the official owner of Mojang and its highly-popular game Minecraft just months after the deal was initially announced back in September. The completion of acquisition was announced by head…
Apple confirms Union Bay Networks acquisition; opens new office in Seattle
Apple has acquired cloud networking startup Union Bay Networks and opened up an engineering office in Seattle with at least 30 engineers already working in the area under the tech giant. According…
$2.91 billion Lenovo-Motorola deal closed
The $2.91 billion Lenovo-Motorola deal has finally been closed with the former now the new owner of Motorola Mobility. The deal was first announced in January this year. Lenovo said in a…
Amazon bags Rooftop Media for undisclosed sum
Online retailer Amazon on Monday announced it is acquiring online comedy service Rooftop Media for an undisclosed price. According to reports, the deal will see the San Francisco-based company joining the Internet…
Lenovo reportedly eyeing BlackBerry to strengthen its mobile business
Just as BlackBerry is gradually recovering its mobile business with new launches, new rumours claim that Lenovo has made an offer to BlackBerry for acquisition for up to $15 per share, which…
IBM to pay Globalfoundries $1.5 billion for chip manufacturing unit transfer deal
International Business Machines Corp (IBM) is rumored to have inked a deal with contract-chipmaker Globalfoundries Inc which will see the latter taking over Big Blue’s loss-making chip manufacturing unit. According to the…
HP, EMC merger talks break down
Reuters has reported that a merger negotiation between Hewlett-Packard Co and EMC Corp has broken down. This follows protracted negotiations that ultimately proved to be fruitless for both. The breakdown is seen…