Acquisitions

This week, two of the biggest companies in the customer experience space, have announced they're joining forces. InMoment and MaritzCX. The combined company will immediately support over 2,000 leading brands with a global team of 1,500 employees located in 20 offices spanning North America, Europe, and Asia. While you may not have heard of these two companies, they certainly work with many brands you are familiar...

Fitbit is being acquired by Google. After starting more than 12 years ago, the company announced today that it has entered into a definitive agreement to be acquired by Google LLC. The purchase price is approximately US$2.1 billion. So why would Google drop that kind of money on a company that makes fitness bands and watches? Ultimately it's for a combination of the data and...

Podcasting is an absolute juggernaut, educating and entertaining millions across the world. The platform offers a dramatic difference over traditional radio and TV formats, empowering long-form content, with many podcasts stretching more than an hour and some as much as 2-3 hours. As Podcasting grew up over the last decade, so did a little startup from Melbourne. Co-founded by friend of techAU, the amazing...

You probably know Elgato Gaming as a leader in high-performance PC peripherals and components for gamers, enthusiasts and eSports athletes. Today they have announced they are being acquired by Corsair. Given Corsair's product lineup and focus targets the same enthusiast and gaming community, the acquisition makes sense. The larger company Elgato Systems, also has a connected home business which will now transition to a new...

Flickr used to be the largest photosharing website on the internet. Then Facebook happened. If you've taken photos you're proud of (and want to sell) there's still plenty of niche sites for photographers to leverage and in terms of storage there's Google Photos and OneDrive, but for sharing, Facebook is the giant of the industry by some margin. Yahoo never really knew what to do...

Plantronics is acquiring Polycom, one of the most popular brands in enterprise video conferencing. The acquisition is valued at $2.0 billion in a combination of cash and stock. The transaction has been unanimously approved by the boards of directors of both companies, is subject to regulatory approvals and other customary closing conditions, and is expected to close by the end of the third calendar quarter...

Google and HTC have officially announced a US1.1 Billion agreement where Google will acquire 'certain HTC employees'. Given Google has already bought Motorola for $12.5B, then sold it for $2.9B, you'd be right in questioning what's going on here with HTC. Google says many of the employees they are acquiring from HTC are already working on Google projects like Pixel phones. Separately, Google will receive a non-exclusive...

It seems Foxtel have discovered Aussies like like cheaper streaming options. Of all the IPTV offerings, Foxtel play has always been the most expensive of the mix, but after dropping from an entry price of $50 to $25 per month, the service will now start at $10pm. Foxtel today confirmed the new look Foxtel Play streaming service, will have a rethink on prices and offer flexible packages...