Google has acquired podcast app called as 60db that specialized in offering personalized, short-form audio content. As a result of the acquisition, 60db will shut down on November 10 and its team will be joining Google Continue reading “Google acquires 60db podcast app”
Earlier in March, Intel has agreed to buy automotive technology firm Mobileye. Now, the chipmaker has finally completed the $15.4 billion acquisition by acquiring approximately 84 percent of Mobileye’s outstanding ordinary shares. Continue reading “Intel officially completes $15.3 billion Mobileye acquisition”
Axis Bank has agreed to acquire mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for Rs. 385 crore. The latest deal comes just a day after Snapdeal board approved Flipkart’s $900- $950 million buyout offer.
Continue reading “Axis Bank acquires mobile payment firm FreeCharge for Rs. 385 crore”
Facebook has acquired a startup dubbed as Source3 that uses technology to identify videos and other content that has been shared on the internet without permission. The news was first reported by Recode and later confirmed by Source3.
Continue reading “Facebook acquires Source3 startup to curb content piracy”
Apple has been focused on AI for sometime and it looks like it is bolstering its efforts further. According to a new report from TechCrunch, Apple has acquired Lattice Data, a company that specializes in artificial intelligence. The deal which was closed a couple of weeks ago is slated at $200 million. The report also said that about 20 engineers have joined the larger company.
Continue reading “Apple reportedly acquires AI firm Lattice Data for $200 million”
Paytm has signed a non-exclusive term sheet to acquire rival wallet player FreeCharge, according to a latest report from the Economic Times. The digital wallet company is said to buy FreeCharge in an all-cash deal from Snapdeal.
Continue reading “Paytm reportedly signs a deal to acquire rival FreeCharge”
Earlier this week it was reported that Flipkart has raised $1 billion from a new and existing investors and is planning for another $1 billion. Now, a latest report from Factory Daily suggests, the homegrown e-tailer is set to acquire eBay India as part of its fresh funding round of around $2 billion. The report adds that the round will stay open until it reaches $2 billion in total. Continue reading “Flipkart to reportedly acquire eBay India”
Hakan Uzan, a Turkish businessman has acquired British-based luxury smartphone maker Vertu for £50 million ($61 million), according to a latest report from The Telegraph.
Continue reading “Turkish businessman buys luxury phone maker Vertu for £50 million”
Mozilla has announced acquisition of the Pocket, the popular read it later app that saves articles, videos and other content on the web. Financial details of Mozilla’s first acquisition were not disclosed. Pocket would continue to operate as an independent subsidiary of Mozilla, which makes the Firefox web browser. Continue reading “Mozilla acquires read-it-later app Pocket”
Google has acquired Fabric mobile developer platform from Twitter. The financial terms of the deal were not disclosed. As a result of the acquisition, Fabric our team will join Google’s Developer Products Group, working with the Firebase team.
Continue reading “Google acquires Twitter’s mobile developer platform Fabric”
Microsoft’s LinkedIn acquisition is a done deal six months after it was official announcement in June this year. The deal recently got a green signal from EU regulators. As a result of the acquisition, Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Continue reading “Microsoft officially completes $26.2 billion LinkedIn acquisition”
Fitbit is said to be close to buying smartwatch maker Pebble, according to a latest report from The Information. There is no word on the price of the deal but the report says it is for a “small amount”. Some reports are claiming the amount of acquisition between $34-$40 million. Continue reading “Fitbit reportedly close to acquiring smartwatch maker Pebble”
In a bid to bolster its photo and video efforts, Facebook has acquired facial recognition startup FacioMetrics. The financial details of the deal were not disclosed. Continue reading “Facebook acquires facial recognition tech startup FacioMetrics”
In a bit to bolster its Rich Communication Service (RCS) offering, Samsung has acquired NewNet Communication Technologies. Based in Canada NewNet is a leading provider of RCS infrastructure and services.
Continue reading “Samsung acquires NewNet Communication to push Rich Communications Service offering”
Qualcomm has agreed to buy NXP Semiconductors for $110.00 per share ($47 billion) in cash. The chip maker intends to fund the transaction with cash on hand and new debt.
Continue reading “Qualcomm to acquire NXP Semiconductors for $47 billion in cash”