Google acquires video software company Anvato

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Google has acquired Anvato, a company that a provides software for encoding, editing, publishing and distributing Internet video. Anvato will join Google Cloud Platform team, as a result of the acquisition.

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Avast Software to acquire anti virus maker AVG for $1.3 billion

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Avast Software has announced that it has agreed to acquire popular anti virus maker AVG Technologies for $1.3 billion in cash. The deal will allow Avast to expand its business across the globe in the core business and new innovations in emerging markets, such as security for IoT devices.

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Google acquires gigabit internet provider Webpass

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Google has acquired Webpass, a San Francisco based high speed internet service provider. The duo aims to accelerate the deployment of faster Internet connections for customers across the U.S. The terms of the deal were not disclosed. Continue reading “Google acquires gigabit internet provider Webpass”

Microsoft acquires messaging app developer Wand Labs

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Microsoft has acquired messaging app developer Wand Labs for an undisclosed sum. The deal is part of Microsoft’s bigger strategy in developing its “conversation as a platform.”

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Samsung to acquire cloud service firm Joyent

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Samsung has agreed to acquire US based public and private cloud provider, Joyent, Inc. The acquisition will allow Samsung allow to grow its cloud-based services for its smartphones and Internet-connected devices. The financial terms of the deal were not disclosed.

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Fitbit acquires wearable payment asset start-up Coin

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Fitbit has acquired wearable payment assets start-up Coin for an undisclosed sum. Under the deal Fitbit will gain “key personnel and intellectual property” from Coin wearables payment platform.

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Foxconn agrees to acquire Sharp for $3.5 billion

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After a delay of a month, Foxconn has finally agreed to buy Sharp at a price lower, as expected. The Taiwanese contract maker confirmed that it is paying close to 389 billion yen ( $3.5 billion approx.) for a majority 66 percent stake in Sharp. Continue reading “Foxconn agrees to acquire Sharp for $3.5 billion”

Vodafone inks a deal to buy YOU Broadband for Rs 400 Cr

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In a bid to expand it’s high-speed internet footprint, Vodafone India is all set to acquire broadband service provider YOU Broadband. The acquisition price is set at around Rs 400 Crore. Continue reading “Vodafone inks a deal to buy YOU Broadband for Rs 400 Cr”

GM to acquire Cruise Automation to bolster self-driving car efforts

General Motors (GM), has announced that it is acquiring sell-driving car startup, Cruise Automation to bolster it efforts even further for the autonomous car technology. The financial terms of the deal were not disclosed.

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Zagg acquires battery case maker Mophie for $100 million

Zagg, the popular smartphone accessory maker has acquired battery case maker Mophie for $100 million. Mophie is the company behind phone battery cases for the iPhone and select Android devices.

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Microsoft said to acquire Swiftkey for $250 million

Microsoft has acquired popular third party keyboard app Swiftkey for $250 million, according to a latest report from the Financial Times. Swiftkey specializes in predictive typing which is powered by artificial intelligence.

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