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Currently Browsing: Results for Tag "Acquisition"

Ferengi Rules of Acquisition

WHAT' S THAT Dtro, stints, WELL?I THINK IT' S CELEB Tahh.

Microsoft to acquire AI powered scheduling service Genee

Microsoft to acquire AI powered scheduling service Genee Overall, Genee is a technology which simplifies the time-consuming tasks of scheduling meetings.As part of the deal, Ben Cheung and Charles Lee will join Microsoft.

Apple has reportedly bought the Israeli tech firm RealFace

Apple has reportedly bought the Israeli tech firm RealFace On the heels of recent rumors that the upcoming iPhone will have a means of biometric authentication (other than fingerprint scanning) comes the news that Apple has acquired RealFace, an Israeli tech firm specializing in facial recognition.The report comes from Israeli site Calcalist (via MacRumors) which claims Apple bought the Tel Aviv-based company for "several million dollars.

Mozilla makes new mobile push, acquires online ‘read-it-later’ service Pocket

Mozilla makes new mobile push, acquires online ‘read-it-later’ service Pocket While Firefox is a relatively popular internet browser, even on mobile, the company has wanted to take things further for a while.It even tried to launch its own mobile operating system, called Firefox OS, which ultimately failed.

India's biggest online retailer is acquiring eBay's India business, report says

India's biggest online retailer is acquiring eBay's India business, report says The deal is said to be structured as part of Flipkart's ongoing $2 billion fundraising.The Bangalore-based company is seen to be strengthening its arsenal to wage a war with Amazon that might soon define India's $15 billion e-commerce sector.

Uber rival Lyft acquires Indian startup to build large-scale infrastructure

Uber rival Lyft acquires Indian startup to build large-scale infrastructure Its founders, Vinay Kakade and Balaji Raghavan, will join the Lyft team to help build its "large scale infrastructure and services".Prior to setting up FinitePaths in 2015, the founders worked on building large-scale infrastructure and search engines for a decade each.

LeEco’s $2 billion acquisition of Vizio has officially been called off

LeEco’s $2 billion acquisition of Vizio has officially been called off Last year, LeEco — also known as the “Netflix of China” — announced it planned to acquire American TV manufacturer Vizio in a $2 billion deal.Since the initial announcement, the deal has run into trouble with Chinese regulators and now the companies announced that “regulatory headwinds” have caused them to cancel the deal.

Logitech Acquires Headset Maker Astro for $85 Million

Logitech Acquires Headset Maker Astro for $85 Million The deal was announced yesterday, with Logitech paying $85 million.While it might seem like a strange deal at first, it makes more sense when you read the blog post that Logitech VP Ujesh Desai made announcing the deal.

Why Bumble turned down a $450 million offer

Why Bumble turned down a $450 million offer There's also the fact that just like many of Bumble's 20-something-year-old users, there's no need to settle at this stage.This isn't the first time we've seen an upstart turn down a big acquisition offer from a giant.

Amazon To Lower Whole Foods Prices Starting Monday

Amazon To Lower Whole Foods Prices Starting Monday Following “certain technical integration work,” Amazon Prime will become Whole Foods’ customer rewards program, supplying members with special savings and other in-store benefits.“It’s been our mission for 39 years at Whole Foods Market to bring the highest quality food to our customers,” co-founder and CEO John Mackey said.

Why the latest Google rumor makes total sense

Why the latest Google rumor makes total sense Here's a rumor that will blow your mind: Google is apparently "in the final stage of negotiations" to acquire HTC's smartphone division.Although Google's first official branded phone, the Pixel, was reviewed positively, it never quite reached  the same level of success as the iPhone.