Klout, the social score startup, has been reportedly sold to Lithium – a social customer experience solution provider to enterprises – for a whopping $200 million in a cash and stock deal….
Tag: Mergers and Acquisition
Intel bags wearable device maker Basis Science
Intel has acquired yet another wearable device maker Basis Science for an undisclosed amount thereby strengthening its position in the hardware market. Basis Science is known for its high-end health and wellbeing…
Facebook to acquire Oculus VR for $2 billion
Facebook to buy Oculus VR Inc, the company behind the Oculus Rift gaming headset, in a cash and stock deal valued at $2 billion. The financial terms of the deal include $400…
Microsoft-Nokia $7.2 billion deal will close next month
Microsoft on Sunday announced that its $7.2 billion phone business acquisition deal with Nokia, which was earlier expected to close in the first quarter of the year, will now close in April…
Dropbox acquires chat service startup Zulip
Dropbox has acquired Zulip, a workplace chat service startup. The news was confirmed through an email sent out by Zulip to its users on Monday. The email read: “We have some news…
Jan Koum pens strongly-worded post over WhatsApp privacy concerns
Jan Koum, WhatsApp CEO, has penned a strongly-worded post over on WhatsApp’s blog to set “the record straight” about data and privacy post Facebook’s acquisition. Koum notes that he and his team…
Google bags gaming peripheral developer Green throttle
It seems like Google is seriously interested in making its entry into the gaming arena as it has reportedly acquired maker of the Green Throttle controller, Green Throttle Games – a year after…
Tencent bags 15% stake in JD.com
Tencent Holdings, one of China’s leading Tech Companies, today announced acquisition of 15 percent stake in a local e-commerce website JD.com in order to give a tough competition to the current online…
India may investigate Facebook-WhatsApp deal
Facebook’s recent WhatsApp acquisition is on Competition Commission of India’s (CCI) radar and the government agency is likely to investigate the deal considering the number of Indians using both the services. Like…
Privacy groups want FTC to investigate Facebook-WhatsApp deal
Privacy groups, the Electronic Privacy Information Center (EPIC) and the Center for Digital Democracy (CDD), have approached the US Federal Trade Commission (FTC) to hold the Facebook’s $19 billion acquisition of WhatsApp,…
Yahoo bags Vizify for an undisclosed sum
Yahoo has bought visual identity platform Vizify, the latter has confirmed through an update on its site. Vizify, the company founded in 2011, allowed users to create their personal websites based on…
Facebook in acquisition talks with Drone maker Titan Aerospace
Social networking giant, Facebook, is said to be in acquisition talks with Titan Aerospace, a Texas based solar powered drone manufacturing company, with an aim of using its high-altitude autonomous aircraft to…
Samsung, Google want Chinese regulators to limit Microsoft, Nokia deal
Samsung and Google have voiced concerns with the Chinese regulators over impending Microsoft, Nokia deal, a new report claims. According to Bloomberg Samsung and Google have joined local vendors in China to…
Monster buys recruiting startups TalentBin, Gozaik
Monster Worldwide, the global job recruitment leader, on Tuesday announced acquisition of two startups including social profile talent search engine, TalentBin, and social jobs aggregation and distribution technology developer firm, Gozaik LLC….
Are WhatsApp users defecting to Telegram, Threema, other messaging apps?
Acquisitions are a common thing in the technology world, but there are few that really raise brows and there are even fewer of those which attract regular user attention. One such acquisition…