Items tagged with Acquisition
History may look back at this time period and consider it the era of consolidation, especially in the technology sector. Hence, we're not shocked to learn that Sprint has agreed to buy T-Mobile for roughly $32 billion, though there are some significant hoops and obstacles to maneuver if a deal like this is to go...
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The deal that will see Microsoft gobble up Nokia’s Devices and Services business was announced back in September and was expected to be finalized in Q1 2014. That hasn’t happened yet, but both Microsoft and Nokia have put out press releases pledging that the deal will be complete in April. The deal has cleared regulatory hurdles...
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What happens when two giants unite? We're about to find out, as Comcast on Thursday announced that its board of directors approved a definitive agreement to acquire Time Warner Cable in a deal worth approximately $45.2 billion. Comcast describes the agreement as a "friendly, stock-for-stock transaction" in which owners of Time Warner Cable...
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It wasn't all that long ago that Amazon was solely an online bookseller. And then, it became an online superstore. And out of nowhere, it plunged into the hardware realm with its famed Kindle brand. The company doesn't seem like it's going to stop branching out anytime soon, hence a full force of rumors surrounding a...
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Google's ongoing efforts to infiltrate your homes with different types of digital gadgets continues with the acquisition of Nest Labs, a maker of modern day digital thermostats and smoke alarms. Not for the faint of wallet, Google agreed to pay $3.2 billion cash for Nest Labs, which was founded by Tony Fadell, the...
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Following months of back and forth between Michael Dell, Dell's board of directors, and a few outspoken shareholders such as Carl Icahn, the world's third largest PC maker is now back in the hands of the man who started it all. Dell announced today the completion of its acquisition by Michael, the company's founder who was also serving as...
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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...
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It wasn't that long ago when it seemed like Michael Dell was well on his way to acquiring the company he founded. Michael, along with Silver Lake Partners and an investment from Microsoft, put together a $24.4 billion buyout bid that was unanimously approved by Dell's board of directors. The deal would pay shareholders $13.65 per share, and...
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If you were the market's leader in maps, what would you do? If you'd seek out one of the hottest GPS mobile apps, then your train of thought would align to Google's. A deal has been rumored for the past week, but it seems certain today: Google has acquired Waze for a cool $1.1 billion, beating out Facebook to the...
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It was revealed earlier this week that Google has a current cash stockpile of $45 billion, and it's led some to wonder what the company might want to do with it. The same questions have surrounded Apple for quite a while as well, and with its hoarding of an enormous $137 billion, it's no wonder. As far as Google is concerned, though,...
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Michael Dell, along with partners Silver Lake Management and Microsoft, are anxious to complete a takeover bid of the world's third largest PC maker, but not everyone involved is gung-ho to get it done. Southeastern Asset Management, Dell's biggest outside shareholder, plans to fight the acquisition on the basis that Mr. Dell's takeover price...
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It happened. Dell today announced it has signed a definitive merger agreement in which company founder, Chairman, and CEO Michael Dell will acquire the company for approximately $24.4 billion. Microsoft and Silver Lake Management are also involved the transaction, which had been rumored for weeks. "The Dell Board of...
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Chinese computer maker Lenovo is reportedly taking a long, hard look at acquiring Research In Motion (RIM), a Canadian handset and mobile software company. Lenovo, which is jockeying for position with Hewlett-Packard (HP) as the world's largest PC supplier, has already spoken with RIM about its interest in acquiring the company. The two sides,...
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You don’t hear a lot about MIPS Technologies, Inc., but the company’s technology is important to the embedded processor industry and is found in millions of devices. It’s also apparently important to chip designers Imagination Technologies and Ceva, Inc. The former has now outbid the latter and is buying MIPS for $100 million....
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Cisco, which recently cracked a list of 25 top companies to work for, is committed to spending big money beefing up its cloud infrastructure. The latest indication of that is today's announcement that the company will fork over approximately $1.2 billion in cash and retention-based incentives to acquire Meraki, a...
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Sony and Olympus are kicking off the weekend by entering into a "business alliance agreement" and a "capital alliance agreement," which are essentially fancy ways of announcing a big time investment of one into the other. In this case, Sony is tossing about $645 million at Olympus in order to become the company's largest shareholder. After...
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Nothing like a little acquisition to get the juices flowing. Motorola Solutions has just snapped up Psion Plc., a company that has a hugely storied history in consumer electronics. The deal will involve around $200 million, and will see Psion make the move under Motorola Solutions' umbrella. Psion is perhaps best known for their ruggedized...
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It's said that a fool and his money are soon parted (just ask Nokia), but is Microsoft being foolish spending over a billion dollars to acquire Yammer, essentially a private social network for the enterprise? Time will tell, and while nothing has been officially announced yet by either Microsoft or Yammer, The Wall...
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Google can go ahead cross off "Acquire Motorola Mobility" from its to-do list, because as of today, the acquisition is officially a done deal, the sultan of search announced in a blog post. The deal, which jumped over several regulatory hurdles, including getting approval from the Anti-Monopoly Bureau of the Ministry...
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Dell announced plans to acquire Wyse Technology, a leader in cloud client computing. Wyse’s portfolio includes thin client solutions, desktop virtualization, and cloud software. The acquisition will expand Dell’s desktop virtualization capabilities and boost its enterprise products such as servers, networking, storage, and services....
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Advanced Micro Devices (AMD) kicked off the weekend by wrapping up its acquisition of server startup SeaMicro for a cool $334 million. It didn't take long to draw up the paperwork and work through the legalities of the more than quarter-of-a-billion dollar buyout, which was first announced less than four weeks ago. "Our unique fabric technology...
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Nearly one year ago, we told you about Western Digital's plan to acquire Hitachi Global Storage Technologies. Now, that acquisition is officially complete. The deal is effective March 8, 2012 and involved $3.9 billion in cash and 25 million shares of WDC common stock valued at approximately $0.9 billion. These shares give Hitachi, Ltd. approximately...
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