April 20, 2018
Via: Venture BeatE-commerce titan Alibaba Group Holding has bought a Chinese microchip maker to further its cloud-based “internet of things” (IoT) business, underscoring its commitment to the chip industry, an Alibaba spokeswoman said on Friday. The announcement comes days after the United […]
March 27, 2018
Via: Venture BeatMergers and acquisitions have decimated the once-thriving Apple accessory industry over the past several years, but the latest deal is more positive than most: Taiwanese manufacturing giant Foxconn announced today that it is purchasing U.S.-based Belkin, one of the biggest […]
March 6, 2018
Via: Venture Beatnew-cornerShared work space giant WeWork has acquired Conductor, an online marketing services company that analyzes online search data and helps companies create content based on what people are looking for. Terms of the deal were not disclosed. Founded out of […]
February 6, 2018
Via: FortuneWalmart’s (WMT, +0.12%) tech shopping spree continues apace. The big box discount chain said in a blog post early Tuesday that it had bought a virtual reality startup, Spatialand, as a cornerstone of its strategy to develop technology that it’s […]
December 14, 2017
Via: FortuneThe Walt Disney Co. announced on Thursday that it would acquire much of, but not all of, 21st Century Fox Corp. in a long-rumored, $52.4 billion, all-stock deal that will shake Hollywood like an earthquake. Disney, of course, is the […]
December 12, 2017
Via: Venture BeatApple’s acquisition of Shazam is without a doubt big news for Europe’s striving startup scene. What’s less clear is whether it’s good news or bad news. Founded in 2004, in the pre-iPhone era, Shazam represents a remarkable tale of endurance. […]
November 28, 2017
Via: Venture BeatShared work space giant WeWork has acquired Meetup, the social community platform that helps people get together in real life (IRL). Terms of the deal were not disclosed. Rumors first started circulating yesterday that a deal could be in the […]
November 1, 2017
Via: EntrepreneurAcquisitions have been a long-standing strategy companies use for a wide range of reasons. Some companies acquire others because of strategic benefits like access to a new market, product or service. Others do it to achieve economies of scale, leverage […]
October 27, 2017
Via: Venture BeatPsyonix’s car-soccer game Rocket League is already a megahit with 36 million registered players across its digital and retail versions, but now the studio is working with Warner Bros. Interactive Entertainment to bring its retail version to even more people […]
September 8, 2017
Via: Venture BeatZillow Group, the company behind a number of online real estate sites, including Zillow, Trulia, and StreetEasy, has acquired New Home Feed, a listing management platform and marketing tool for home builders to market and distribute their listings across the […]
August 4, 2017
Via: Venture BeatYelp Inc said on Thursday it would sell its Eat24 business to Grubhub for $287.5 million in cash, as it posted revenue that beat expectations, news that sent Yelp’s shares up 19 percent. The consumer review website operator also said […]
August 1, 2017
Via: Venture BeatFacebook has acquired AI assistant startup Ozlo to help build “compelling experiences within Messenger that are powered by artificial intelligence and machine learning,” a Facebook spokesperson has confirmed to VentureBeat. A brief note on the acquisition and plans to join […]
July 24, 2017
Via: FortuneJapan’s Mitsubishi Tanabe Pharma (MTZPY, -0.14%) is acquiring Israeli drug maker Neuroderm for $1.1 billion in cash as part of a strategy to grow its business in the U.S. The Japanese drugmaker said in a statement Monday it would leverage Neuroderm’s Parkinson’s […]
July 19, 2017
Via: FortuneU.S. spices maker McCormick & Co (MKC.V) has agreed to buy Reckitt Benckiser Group’s (RBGPF, +0.15%) food business for a higher-than-expected $4.2 billion to give it a wider variety of seasonings and sauces. London-listed Reckitt said in April it was reviewing options for the […]
Finance, Mergers and Acquisitions
July 7, 2017
Via: Venture BeatThe weather is heating up and so is Colorado tech funding. After a bit of fundraising slump in May, June numbers came in at more than double last month’s totals. In June, we saw over $64.5 million in fundraising for […]
July 5, 2017
Via: FortuneA new fund led by Greystar Real Estate Partners, the largest operator of apartments in the United States, will acquire luxury U.S. apartment developer Monogram Residential Trust Inc in a deal valued at about $3 billion, the companies said on […]
June 22, 2017
Via: FortunePrivate equity firm Sycamore Partners is in advanced talks to acquire Staples(SPLS, -1.03%) following an auction for the U.S. office supplies retailer, people familiar with the matter said on Wednesday, in a deal that could top $6 billion. The acquisition […]
June 19, 2017
Via: Venture BeatIt’s been a hell of a roller coaster ride for digital media company Mode Media these past few years. From an IPO that never happened to the company abruptly shutting down last September, Mode keeps popping up on our radar. […]
June 16, 2017
Via: Business InsiderNestle may sell its roughly $900 million-a-year U.S. confectionery business, which includes Butterfinger and BabyRuth, in the Swiss food group’s latest effort to improve the health profile of its sprawling portfolio. The world’s largest packaged foods maker said on Thursday […]
June 9, 2017
Via: Venture BeatJapan’s SoftBank Group Corp said on Friday that a unit of the company will buy two firms that build walking robots from Alphabet Inc , which would add to the group’s growing artificial intelligence portfolio. The Japanese company will buy […]