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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Yahoo is 22 years old. Yahoo has around 10,000 employees and last year made US$4.96 billion in revenue. Yahoo is being acquired for just US$4.8 Billion (A$6.4B). On July 16, 2012, Mayer was appointed President and CEO of Yahoo! who rose through the ranks at Google engineering and was supposed to...
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Inside your phone is very likely a mobile processor that runs an ARM architecture. This technology has driven mobile devices in recent years to the point where more than 15 billion of them shipped with in 2015 alone. Today, one of the largest technology acquisitions has been announced, with Japanese-based...
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Microsoft’s Technology and Research division have made their first acquision, SwiftKey. The company is best known for their Android and iOS apps, which have amassed hundreds of millions of users. When the news first broke, many failed to understand why Microsoft would by a 3rd party keyboard app. Microsoft...
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Blackberry stock has jumped almost 30% this morning with a report from Reuters that Samsung Electronics are looking to acquire them. The report says Samsung are most interested in BlackBerry’s patent portfolio, sourcing ‘people familiar with the matter’. The talks are reported to be as advanced as Samsung...
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Crowd-sourced navigation app Waze has turned down an acquisition offer from Facebook, only say yes to a $1.3 Billion takeover from Google. Waze claim to have around 50 Million users that contribute to a global traffic data. This helps iPhone and Android users to avoid traffic congestion based on...
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After weeks of speculation and the Yahoo board approving the deal yesterday, Yahoo has officially announced that it will be acquiring the blogging site for a sweet $1.1 billion. Yahoo says that Tumblr will be “operated independently as a separate business” “Tumblr is redefining creative expression online,” Yahoo CEO Marissa Mayer...
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According to the Wall Street Journal, the Yahoo board has approved a $1.1 billion cash deal to purchase blogging site Tumblr. The move will see one of the most unpopular companies in the world buying one of the coolest sites on the internet, and users aren’t too happy. See...
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Twitter today confirmed that it has acquired the Aussie startup, We Are Hunted, a music discovery service – further backing up rumours that Twitter is working on its own music app. This also means that We Are Hunted is being shut down, Founder Stephen Phillips wrote that “While we are...
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Over the past few days the internet has held a lot of resent over Disney for closing down LucasArts, which sure, for the loss of jobs it has caused is completely fair. This isn’t the reason most people are angry though, they are angry because the 21 year old...
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Nick D’Aloisio, 17, the creator of the mobile news reading app, Summly has just sold the app to Yahoo! for the cool sum of $30 million helping him become one of the worlds richest young people. Mr D’Aloisio told News.com.au that he came up with the idea of the...
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The Wall Street Journal have confirmed recent rumours of a Microsoft acquisition of Yammer. The price for the private social network for business is reported to be US $1 Billion. Apparently a cool 1B is the hot price right now after we recently seen Facebook pay around the same...
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Although Samsung didn’t announce that it would be introducing a cloud-storage service to users at the much-anticipated Samsung Galaxy S-III launch, it has implied that it is certainly interested in exploring such avenues after acquiring cloud-based music service mSpot. Although Samsung hasn’t (at the time of writing) specified its exact intentions for...
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This morning the world woke to news that Facebook was making its first large-scale, high-priced acquisition, Instagram. The smash hit photography app has garnered serious traction in less than two years and for a significant period was the creation of just two people, Co-founders Kevin Systrom and Mike Krieger....