Articles about Acquisitions

Photo by Magnus Höij

Cancel! that! yacht! order! Marissa! – Verizon's! still! cold! on! Yahoo! gobble!

A Verizon executive is once again casting doubt on the telco giant's $4.8bn bid to acquire Yahoo! Speaking at an investor conference in Las Vegas today, executive vice president Marni Walden said of the deal, "Unfortunately, I can't sit here today and say with confidence one way or the other because we still don't know." The …
Shaun Nichols, 5 Jan 2017
LQD WiFi station

Verizon pours cash into city Wi-Fi with LQD buy

US telecom giant Verizon says it will buy the Big Apple startup LQD WiFi with the goal of improving network access in crowded cities. Set up by ex-Microsoftie Randy Ramusack, LQD specializes in developing public "hub" kiosks that combine Wi-Fi base stations with charging stations and digital signage screens. The LQD "Palo" …
Shaun Nichols, 15 Nov 2016
Studio shot of LEGO minifigure Batman and Superman standing by a water cooler with drinks. Copyright: cjmacer Editorial Credit: cjmacer / Shutterstock.com Editorial Use Only.

AT&T buys Time Warner for US$85.4bn or 1.25 Dell-EMCs

AT&T has agreed to acquire Time Warner for US$85.4bn. Time Warner is a content company that owns HBO, Warner Brothers, Cartoon Network, cable news channel CNN, celebrity gossip outfit TMZ.com, DC Comics, major sporting web sites and plenty of other brands. AT&T is the United States' leading mobile carrier, and also operates …
Simon Sharwood, 23 Oct 2016
Verizon corporate building

Verizon blames striking workers for dent in sales

Fresh from its $4.8bn acquisition of Yahoo!, Verizon says its sales dropped five per cent year-on-year in its latest quarter, the three months to the end of June. Essentially, US telecom giant's wireless and wireline revenues fell over the year-ago quarter. Here's a summary of VZ's Q2 2016 results: Revenues of $30.5bn were …
Shaun Nichols, 26 Jul 2016
Opera singers

Opera sells open-source Chromium browser for $600m to Chinese bods

Opera will sell its web browser technology to Chinese investors for $600m after a larger sale worth $1.2bn fell apart. The Norwegian company said in a filing to the Oslo Børs stock exchange that it had agreed to an arrangement that will see the Chinese-backed Golden Brick Capital Management private equity fund take control of …
Shaun Nichols, 18 Jul 2016
trolley_shopping_648

Atlassian looks at StatusPage, reaches for wallet

Atlassian has made its first buy since raising $462m in its December IPO, snapping up StatusPage. StatusPage, which is barely three years old, is described as "the leader in status and incident communication." More particularly, it offers a hosted service for status pages covering incidents, scheduled maintenance and the like …
Joe Fay, 14 Jul 2016

Juniper slurps packet-optical outfit BTI Systems

Juniper Networks has announced it's going to acquire BTI Systems. Once a packet-optical specialist, BTI Systems spent much of 2015 positioning itself into the software-defined networking (SDN) and network function virtualisation (NFV) markets. That work included giving its 8700 Series the ability to work with OpenDaylight SDN …
IBM Headquarters, Armonk, NY

IBM, Ustream-BM, we can't believe Ustream is now owned by IBM

IBM has acquired internet telly station Ustream in hopes of boosting its cloud lineup. Big Blue said that the video-streaming service would be added to its cloud lineup and, when combined with its other analytics and developer tools, it will give IBM customers a way to develop and use streaming video in their own applications …
Shaun Nichols, 21 Jan 2016
AT&T logo

Remember the Carrier iQ mobile snoopware? It's in AT&T's hands now

The once-controversial Carrier iQ phone support software has been acquired by AT&T. The phone giant said it had agreed to purchase the software assets of Carrier iQ as well as a handful of its employees. Carrier iQ, meanwhile, appears to have closed up shop, with its site now offline. "We have acquired the rights to Carrier …
Shaun Nichols, 5 Jan 2016
Fairchild logo

Remember Fairchild? It's still around, and worth $2.4bn in takeover cash

Fairchild Semiconductor, a company synonymous with the rise of Silicon Valley, has agreed to a $2.4bn acquisition offer. Arizona-based ON Semiconductor said it would pay $20 per share in an all-cash offer to acquire Fairchild and create a combined company targeting the mobile, automotive and industrial chip markets. "The …
Shaun Nichols, 19 Nov 2015
HP Logo splitting in two

HP's TippingPoint security bods on the block, suits shuffled to make way for 3D printers

HP is apparently hoping to sell off its TippingPoint security branch – and has reshuffled execs at the top of its printer and PCs biz – as the looming corporate breakup closes in. Reuters reported on Wednesday that Hewlett-Packard bosses are in talks with a handful of private equity firms that could pay anywhere from $200m to …
Shaun Nichols, 2 Sep 2015
£10 notes. Pic: Howard Lake

Channel vets eyeing up investments from atop mount cash

Channel merchant bank MXC Capital is sitting on a pile of cash and finance facilities that will be used to grab minority stakes in managed services outfits, software players and FinTech start-ups. The London Stock Exchange-listed buy and build vehicle founded by industry vets Ian Smith and Tony Weaver yesterday acquired …
Paul Kunert, 26 Aug 2015
No Sale

Salesforce snubbed Microsoft's $55bn biz gobble offer – report

Microsoft wanted to buy cloud giant Salesforce.com for $55bn, it is reported. CNBC, citing anonymous sources, today claims the Windows goliath offered the 11-figure sum to Salesforce, but boss Marc Benioff wanted $70bn – a whopping price tag that ultimately sunk the deal. Salesforce has a market cap of $48.48bn. The talks …
Shaun Nichols, 22 May 2015
Photo by Mike Mozart

Comcast, Time Warner Cable in crunch talks with FCC, DoJ over $42bn mega-merger

The proposed merger of Comcast and Time Warner Cable (TWC) is on the rocks, it appears. Sources close to the two companies have told The Wall Street Journal that the US Department of Justice and the FCC are not happy with the proposed business gobble, and both want to hold face-to-face talks to discuss the ins and outs of the …
Shaun Nichols, 20 Apr 2015
hands waving dollar bills in the air

Managed services biz Claranet adds £107m to war chest

Acquisition-hungry European managed services provider Claranet has drummed up £107m in a refinancing deal. Charles Nasser, Claranet Group founder and CEO, said: “Our financing now extends to 2020 and achieves greater flexibility for us as we plan for further growth and the development of our products and services." He added …
Kat Hall, 31 Mar 2015
BlackBerry Passport

Samsung joins BlackBerry in trashing Reuters biz gobble 'exclusive'

The president of Samsung has to put to rest any lingering speculation that his company was seeking to acquire smartphone minnow BlackBerry. Jong-Kyun Shin said in an email published by Bloomberg that the South Korean biz had no interest in buying the Canadian firm. "We want to work with BlackBerry and develop this partnership …
Shaun Nichols, 21 Jan 2015
BlackBerry Classic QWERTY key smartphone

Samsung BlackBerry gobble DENIED: We're not for sale to Sammy – execs

Samsung was today rumored to be eyeing up acquiring BlackBerry for $7.5bn – until the Canadian biz point-blank shot down the anonymous claims within hours later. Reuters cited unnamed well-placed sources in announcing the South Korean giant was in talks with BlackBerry so it could snap up the troubled phone maker's patent …
Shaun Nichols, 15 Jan 2015

Sales flat for takeover-tastic Brit IT bods Daisy Group

Comms and tech supplier Daisy Group, which is to be de-listed from the Alternative Investment Market (AIM) this month, has posted an operating loss of £8.1m for the first six months to September 2014. According to its audited half-year financials posted on 31 December, revenue dropped just 0.3 per cent from £173.9m to £169.6m …
Kat Hall, 5 Jan 2015

Create a news alert about Acquisitions, or find more stories about Acquisitions.

Biting the hand that feeds IT © 1998–2017