Items tagged with Acquire
Carriers far and wide have been angling to position themselves as more than just data and voice providers, and now, operators such as Verizon are starting to put their money up in order to prove the point. The company has this week confirmed that it will acquire EdgeCast, a content delivery network that has been around the block a time or two. The goal, according to Verizon, is to "enhance its video delivery and Web services capabilities," and it plans to integrate EdgeCast's "complementary capabilities to further improve and increase its ability to meet the exponential growth in online digital media content, as well as broaden its portfolio of site acceleration services for digital enterprises." ...
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When you think Intel, you probably think "CPU." You might also think "USB." But in truth, Intel does a lot more than invest in interconnectors and microprocessors, and increasingly, it is having to look towards entirely new pathways to success. The chip market just isn't as huge as it once was. Dell knows first-hand how tough it is to survive in a "post-PC" world, where fewer and fewer individuals and companies alike are buying new desktops. So, Intel's been acquiring new and emerging technology firms in order to position itself as a technology pioneer, not just a chipmaker. The latest acquisition is Indisys, which Intel purchased quietly this summer. The discovery is just now making the rounds,...
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Facebook said that it would enable Instagram to remain independent, and that it wouldn't ever cross any lines that would impact the user experience. Keeping true to that promise, Instagram itself (and not parent company Facebook) has just made a big acquisition: Luma. It's a video sharing app that almost no one has heard of... until now. Luma was previously known as Midnox, and while sharing was one of its features, video stabilization was the other. It's likely that Instagram executives are more interested in the latter. Luma will indeed be shutting down soon, as its employees focus all of their energy on bettering Instagram. Luma's iOS app has already been removed from the App Store, and existing...
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At this rate, Yahoo is apt to acquire a company a week -- or so it seems. Since Marissa Mayer came to town as CEO, she has been on an acquisition rampage. Company after company has been swooped up by Yahoo, reportedly due to Mayer's desire to procure talented developer and engineering resources at an accelerated rate. This week, IQ Engines came out of the woodwork in order to announce that it too has been acquired by Yahoo. The company's primary objective was to "transform the way people search and browse their photos by helping to process them intelligently." So, obviously, this particular move will see this team and this technology integrated into Yahoo's resurging Flickr platform. Earlier...
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What do you get when you mesh LinkedIn and Pulse? InPulse? Perhaps, but it looks as if this is a real question now that LinkedIn has snapped up Pulse for a cool $90 million. That's right -- the job location board has acquired a news reading service. It may seem like an odd marriage at first, but it's just one (major) step in LinkedIn's agenda to becoming more than just a place where people connect to one another in order to locate new and exciting job opportunities. Pulse has grown into quite the popular app, delivering news in segments in a beautiful interface. The program was launched in 2010, and just three years later, it has a new master. According to Pulse: " LinkedIn is the perfect partner...
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Update 10/27 - 2:30 PM: We just had a conference call and interview with LSI VP and GM, Gary Smerdon on this announcement and what it means to SandForce customers and LSI moving forward. More details are available in that coverage. News broke earlier today that LSI Corporation, maker of enterprise-class storage solutions, has entered an agreement to acquire solid state storage processor manufacturer SandForce. According to the terms of the agreement, LSI will pony up approximately $322 million in cash, net of cash assumed, and assume approximately $48 million of unvested stock options and restricted shares held by SandForce employees. SandForce’s storage processors have...
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Just over a month after IBM was rumored to be moments away from acquiring Sun Microsystems, lo and behold, Oracle has swooped in as the suitor. In a rather unexpected move, the sinking Oracle has just procured the sinking Sun Microsystems, obviously hoping that two laggards can somehow succeed rather than simply sink each other faster.Announced this morning, the "definitive agreement" will see Oracle acquire all of Sun's common stock for $9.50 per share in cash, which amounts to a breathtaking $7.4 billion -- or $5.6 billion net of Sun's cash and debt. Oracle President Safra Catz had this to say about the newly struck deal: "We expect this acquisition to be accretive to Oracle's earnings by at...
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Broadcom to Acquire Digital TV Business from AMD- Acquisition Expected to Bring Broadcom Scale, a Complete Product Line to Address All Segments of the Digital TV Market and Expand Tier One Customer Base -IRVINE and SUNNYVALE, Calif. — August 25, 2008 — Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, and AMD (NYSE: AMD) today announced that the companies have entered into a definitive agreement for Broadcom to acquire AMD’s digital TV (DTV) business.The acquisition of AMD’s DTV business is expected to enable Broadcom to immediately scale its DTV business, and, in conjunction with its existing products, to offer a complete product line...
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Word from sunny Santa Clara-based NVIDIA Corp, is that the graphics giant has moved in on an acquisition of Utah-based RayScale, a 10 year-old start-up and productization of development work from few key people at the University of Utah. RayScale currently has a product available for Autodesk Maya, dubbed LightNow. Lightnow apparently offers interactive feedback with physically-based raytracing techniques, in combination with high quality batch rendering. One of the advantages of physical-based rendering is that it automatically calculates raytraced shadowing from all available light sources. Raytraced image - courtesy RayScale Rayscale is currently...
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But wait, Diablo3.com was already owned, right? Yeah, it was, but it's now DiabloFans.com, and the site dishes on what happened.Well, there's no point in beating around the bush any longer, so let's get right down to it. A few months ago we were contacted by Blizzard in regards to the Diablo3.com domain name. While they appreciate all the work that's been put into running this big Diablo fan community over the years, they still want the domain name. Hmm, I wonder why? Now before you get all up in arms about it, allow me to explain a few things.First off, this fan site isn't going anywhere, it's just getting a new name: Diablofans.com! Blizzard is actually being really cool about it, giving us...
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Microsoft continues to purchase smaller companies with intriguing technologies while they wait for Yahoo. The latest of such acquisitions, Farecast, has managed to slip by without so much as an official press release from Microsoft.So who is Farecast and why did Microsoft find them irresistible?"The Seattle startup tries to predict whether air fares will rise or fall, helping travelers decide when to buy plane tickets for upcoming trips. Farecast's site also has a section that searches for hotel room rates, then tells Web surfers whether the price is a good deal, or no deal at all."There is no firm information at this time regarding the final price of the acquisition....
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While it's just a rumor at this point, it seems that NVIDIA is planning on breaking into the CPU business. This isn't exactly surprising as the not-to-distant future looks like a place where CPUs have a dedicated GPU onboard and the future of add-in cards is unclear.“NVIDIA and VIA discussed three possible scenarios, including a strategic alliance, acquisition of only VIA's processor division, or the acquisition of the entire company, according to the sources. Though no deal was agreed upon, since VIA continues to see losses, the company is expected to open up negotiations again soon with a lower price, noted the sources.”A merge might actually be a win-win-win situation for both companies. ...
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A couple of weeks ago, news broke that AGEIA was set to be acquired, but it wasn't clear as to who the parties involved were; the initial story claimed only that it wasn't AMD. As of a few moments ago, however, that rumor has become fact. NVIDIA just sent word that they will be acquiring AGEIA Technologies for an as yet undisclosed sum. We don't have all of the details just yet, but more information about the acquisition will be disclosed during NVIDIA's quarterly conference call, scheduled to be held on Wednesday, February 13, 2008 at 2:00 PM, Pacific Time.NVIDIA's CEO Jen-Hsun Huang does say in the press release that the acquisition will allow...
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Mad Catz Acquires Saitek(TM), a Leading Worldwide PC Games Peripheral Provider, for $30 Million Strategic Diversification Complements Mad Catz' Leadership in Console Game Peripherals and Further Expands International FootprintSAN DIEGO--(BUSINESS WIRE)--Nov. 14, 2007--Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, announced today that consistent with its strategy to further diversify its products and geographic distribution capabilities, it has entered into a definitive agreement to acquire 100 percent of the shares of the private holding company that owns Saitek's worldwide operations. Saitek is a leading worldwide provider...
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OCZ Technology Group Acquires Renowned System Builder, Hypersonic PCSunnyvale, Calif.—October 25, 2007—OCZ today announced immediate plans to bring Hypersonic PC into the OCZ Technology Group. Known primarily as the worldwide leader in innovative, high-performance computer memory and power supply units, OCZ acquired Hypersonic PC to employ their rich expertise in high-end system building and take the organization and mobile gaming to the next level. Hypersonic has been paving the way in maximum performance computing since 1996 and established themselves as a leader attributable to their diligent focus on technology, quality, craftsmanship, and world-class support. Under the OCZ Technology Group,...
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MSNBC has joined the ranks of social networking sites such as Reddit and Digg as it has acquired Newsvine.MSNBC Interactive News LLC said it acquired Newsvine Inc., a small Seattle startup that lets visitors read and comment on news stories from mainstream media outlets.MSNBC, which is jointly owned by Microsoft Corp. and NBC Universal, did not disclose financial terms of the deal late Sunday. NBC Universal is a joint venture of General Electric Co. and Vivendi SA. Surprisingly, this is the first acquisition by MSNBC Interactive in its 11-year history. Newsvine will continue to operate independently, though it may expand its operations from its current six employees to 10 - 15....
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A European Court has ruled in Microsoft's appeal of an antitrust order from a lower court, and ordered Microsoft to stop giving away Windows Media Player with every copy of Windows. Oh, yes; they have to show their competitors their source code for any communications applications. Oh, one more thing: they'd like 613 million dollars, please. "The court observes that it is beyond dispute that in consequence of the tying consumers are unable to acquire the Windows operating system without simultaneously acquiring Windows Media Player," it said. "In that regard, the court considers that neither the fact that Microsoft does not charge a separate price for Windows...
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Taiwan’s Acer has announced it will buy struggling computer vendor Gateway, in a deal worth $710 million. Acer will pay a 57% premium over the Friday closing price for Gateway stock, at $1.90 per share. This will create the world’s #3 largest PC maker. Acer Inc. plans to acquire Gateway Inc. in a deal worth $710 million that Acer says will make it the world's third-largest PC vendor. "This is the biggest acquisition in Acer's 30 year history," said J.T. Wang, Acer's chairman, speaking at a news conference in Taipei. "After this acquisition, we are solidly number three in the global PC market," Wang said. At the same time, Gateway dealt a blow to Lenovo by announcing...
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It looks like NVIDIA has made a strategic move and purchased PortalPlayer, a company that has historically developed semiconductor, firmware and software platforms for portable multimedia products such like personal media players, like the iPod, and personal wireless entertainment devices. "NVIDIA Corporation said Monday it has signed a definitive agreement to acquire iPod chipmaker PortalPlayer, Inc. in a cash for stock transaction. Under terms of the agreement, which have been approved by the Board of Directors of each company, the Santa Clara, Calif.-based graphics technologies developer will pay $13.50 in cash for each outstanding share of PortalPlayer common stock. The deal represents...
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ECS Elitegroup to Acquire Uniwill Computer -- Leaders in notebook design and manufacture join forces to expand leadership in white book and ultra portable solutions -- Fremont, CA (August 1, 2006) - Elitegroup Computer Systems, Inc. (ECS, TSE: 2331), the world's leading desktop PCs, notebooks, servers, motherboards, video cards, wireless solutions and handheld devices manufacturer, announced it has inked an agreement to acquire Uniwill Computer, Taiwan's leading manufacturer of ultra-portable notebook solutions. This acquisition will allow customers of both companies to deploy a wide range of compelling notebook and white book products to the marketplace immediately. This is the second...
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Gamers around the world will rejoice in the news that Viacom is purchasing XFire, a free program that automatically keeps track of when and where gamers are playing PC games online and lets their friends join them, for $102 million. We are very pleased to announce that Xfire has entered into an agreement to become a wholly-owned subsidiary of MTV Networks. What does the acquisition mean to you? It means that Xfire is now backed by one of the world's leading creators of programming and content across all media. It means that Xfire will continue to grow and enhance your gaming experience. Xfire was created by gamers, for gamers. We will always...
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Maxtor has announced that they are cutting 900 jobs in Singapore in preparation of Seagate's acquisition. Maxtor has been in financial trouble for a while, with expected net losses of $104 million this fiscal year. Once the merger is complete in May, Seagate will become the world's largest hard disk manufacturer. Read the full story here. LOS ANGELES (Reuters) - Maxtor Corp (MXO.N: Quote, Profile, Research), the computer disk drive maker being acquired by competitor Seagate Technology (STX.N: Quote, Profile, Research), on Tuesday said it will cut about 900 jobs in Singapore, and cut its outlook due to the pending acquisition....
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