Tag Archives: acquisition

Amazon buys Twitch for $970 Million

It was rumored recently that Google is buying Twitch for $1 Billion. Shortly afterwards, rumors were propagated that it is actually Amazon, not Google which is buying Twitch. It seems that the rumors were true, as it has been officially announced that Amazon is buying Twitch for $970 Million. Continue reading Amazon buys Twitch for $970 Million

It’s Official: Apple is acquiring Beats for 3 Billion Dollars, making it it’s biggest acquisition yet

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IMG: Forbes

Apple has acquired Beats. It was no secret that it would happen. Weeks and weeks of leaks and a hidden sort-of confirmation in a video by Dr Dre had already confirmed Apple’s Acquisition of Beats. All we needed was an official nod of the head by Apple and here it is. Continue reading It’s Official: Apple is acquiring Beats for 3 Billion Dollars, making it it’s biggest acquisition yet

Report: AT&T wants to acquire DirecTV in a deal worth more than $40 billion dollars (!)

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The Comcast-Time Warner merger worth around $45 billion dollars (A LOT, ain’t it?) conjured up fears of no consumer choice, market monopoly, etc. Continue reading Report: AT&T wants to acquire DirecTV in a deal worth more than $40 billion dollars (!)

Microsoft now officially owns Nokia

Microsoft CEO Satya Nadella (left) and executive vice president of Microsoft Devices Group Stephen Elop share a moment as the deal that brings together Microsoft and the Nokia Devices and Services business closes today.

Nokia, once the titan of the mobile industry, has now officially gone under the wings of Microsoft.

While news of the acquisition had been announced way back in September itself, it is only now that the deal has been approved by regulatory agencies. Continue reading Microsoft now officially owns Nokia

Facebook acquires Moves, a fitness tracking app

Moves is a fitness tracking app that has seen success in both app store. It reportedly has been downloaded over 4 million times and has a four star rating (Five being the highest).

Facebook has acquired Moves, which Moves had proudly announced on its blog. Continue reading Facebook acquires Moves, a fitness tracking app

Dropbox acquires Loom, will shut down the service permanently by May 16th

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Dropbox had recently announced Carousel, an app sent ALL your photos  to the cloud for backup.

Dropbox has announced that it is buying Loom, a cloud-photo service which will be shut down by Dropbox by May 16th. Continue reading Dropbox acquires Loom, will shut down the service permanently by May 16th

Spotify acquires music data giant: The Echo Nest (It got a lot smarter)

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Spotify just acquired the Echo Nest, a company that analyzes music data and gives you recommendations for songs to listen. This is a clever move by Spotify as the company it has brought, also powers some of the biggest radio apps in the music industry i.e Spotify’s home ground. Continue reading Spotify acquires music data giant: The Echo Nest (It got a lot smarter)

Facebook acquires Whatsapp for USD 19 Billion

You may have heard in the news that teens are leaving Facebook in droves and switching to other services like Whatsapp and Snapchat for communication. Facebook, evidently concerned by this, has bought up Whatsapp for 16 billion dollars, with additional 3 billion dollars in stock units for the employees. We will give you a minute to let that sink in. This might possibly be one of the biggest acquisitions in history. Continue reading Facebook acquires Whatsapp for USD 19 Billion