Evan Spiegel, founder of Snapchat, turned down Facebook’s acquisition offer worth $3bn (£1.9bn), sources close to the matter have revealed. If the deal between the two would have taken place, it would…
Tag: Mergers and Acquisition
Canadian Government stems Lenovo’s BlackBerry takeover bid
Lenovo had been actively pursuing its plans to takeover BlackBerry and had reportedly even signed an NDA with the company, but the Canadian Government rejected the idea of a Chinese company taking…
Now ex-Apple CEO John Sculley is interested in BlackBerry
BlackBerry’s strategic decision of selling itself off has definitely managed to generate a lot of curiosity and with multiple parties already interested in a takeover, ex-Apple CEO John Sculley is reportedly mulling…
Bloomberg: Cerberus signs NDA with BlackBerry
According to reports two other big tech firms apart from Fairfax led consortium are showing interest in BlackBerry, Cerberus being one of them and BlackBerry has already signed an NDA with it….
Facebook acquires Onavo
Facebook has acquired Onavo, the Tel Aviv based mobile analytics startup, which offers mobile data monitoring and compressing apps. The deal between the two was revealed in a blog post on Sunday….
Yahoo butters Bread
Yahoo with its acquisition of Bread has added one more company to its long list of acquisitions this year. Bread, an ad tech and a URL shortening service, allowed users / companies…
Lenovo to acquire HTC?
Rumors suggest that Lenovo, the desktop PC and laptop giant, could be the one with plans of acquiring HTC’s mobile division. According to a Taiwanese publication Apple Daily, confidential discussions were held…
BlackBerry seeking Fairfax alternatives in Google, SAP, Cisco?
BlackBerry Ltd is in serious talks with large technology firms including Google, SAP and Cisco offering them to buy all or some parts of the company. Samsung, LG and Intel are also…
Nokia engulfed in Indian Tax dispute prior to Microsoft Deal
The Indian Tax Authorities have frozen some of Nokia’s India assets last week following a tax dispute. However, the Finnish handset maker on Monday has announced that it has regained access to…
Once valued at $77.7 billion, BlackBerry sold for petty $4.7 billion
The Canadian Smartphone maker, BlackBerry, has agreed to a takeover deal with a consortium led by Fairfax Financial Holdings Ltd. for USD 4.7 billion. Looking at BlackBerry’s years of falling fortunes and…