MakeMyTrip to acquire ibibo Group

make-my-trip-logo

MakeMyTrip has announced that it has agreed to acquire ibibo Group in an equity deal. Upon closing the acquisition, MakeMyTrip will own 100 per cent of ibibo Group. The latest move will help MakeMyTrip compete against rivals Yatra and Cleartrip.

Continue reading “MakeMyTrip to acquire ibibo Group”

Samsung acquires artificial intelligence platform Viv

Samsung Galaxy J7 2016_fonearena-003

Samsung has acquired artificial intelligence (AI) platform developer Viv Labs. The company will integrate Viv’s platform into the Galaxy smartphones and expand voice-assistant services to home appliances and wearable technology devices.
Continue reading “Samsung acquires artificial intelligence platform Viv”

Apple acquires Indian machine learning startup Tuplejump

Apple logo

Apple has acquired another machine learning start-up dubbed as Tuplejump. The Hyderabad startup helps companies to store, process and visualize big data with its unique software.

Continue reading “Apple acquires Indian machine learning startup Tuplejump”

Apple acquires health data startup Glimpse

iOS-8-Health-teaser

Apple has scooped up personal health data startup Glimpse, according to a report from Fast Company. The financial terms of the deal were not disclosed. Glimpse has built a secure software platform that allows users to manage and share their own medical records.

Continue reading “Apple acquires health data startup Glimpse”

Microsoft acquires Beam interactive game livestreaming service

Microsoft Beam

With an aim to its improve life streaming experience, Microsoft has acquired interactive game streaming service Beam. The financial terms of the deal were not disclosed.

Continue reading “Microsoft acquires Beam interactive game livestreaming service”

Intel acquires artificial intelligence startup Nervana

intel and nervana

In a bid to bolster its effort in the filed of artificial intelligence, Intel has acquired deep learning startup Nervana Systems. The duo did not reveal the exact financial terms of the deal, but as per sources from Re/Code, it is sealed at around $408 million.

Continue reading “Intel acquires artificial intelligence startup Nervana”

Google acquires cloud commerce company Orbitera

new-google-logo-september-2015

Google has acquired Orbitera which provides a commerce platform that makes buying and selling software in the cloud easy for software vendors, service providers and IT channel organizations. The financial terms of the deal were not disclosed. Continue reading “Google acquires cloud commerce company Orbitera”

Apple acquires machine learning and AI startup Turi for around $200M

Apple logo

Apple has acquired artificial intelligence and machine learning startup Turi Inc, according to a latest report from Geekwire. The deal is said to be finalized at around $200 million. Continue reading “Apple acquires machine learning and AI startup Turi for around $200M”

LeEco to acquire VIZIO for $2 billion

LeEco VIZIO

LeEco is all set to acquire VIZIO for $2 billion. The VIZIO hardware and software businesses will be owned and operated as a wholly owned subsidiary of LeEco, while the VIZIO data business, Inscape, will spin out and operate as a separate, privately owned company. Continue reading “LeEco to acquire VIZIO for $2 billion”

Flipkart’s Myntra officially acquires Jabong

Flipkart new logo

In a bid to strengthen its presence further in the competitive India e-commerce market, Flipkart has acquired online fashion portal Jabong. The financial details of the deal were not disclosed.

Continue reading “Flipkart’s Myntra officially acquires Jabong”

SoftBank to buy ARM Holdings for $32 billion

softbank

SoftBank has agreed to buy chip giant ARM Holdings for a whopping 23.4 billion pounds ($32 billion), according to a latest report from the Financial Times. The deal is touted to be the largest ever acquisition of a European tech company.

Continue reading “SoftBank to buy ARM Holdings for $32 billion”

Google acquires content sharing service Kifi to improve its Spaces app

Google Spaces

Google has acquired Kifi (via), a startup that focuses on internet based content sharing. The Kifi team will join Google Spaces as a result of the acquisition.

Continue reading “Google acquires content sharing service Kifi to improve its Spaces app”