Articles about mergers and acquisitions

Google slurps cloudy single-sign-on concern Bitium

Google's acquired cloudy single-sign-on outfit Bitium for the usual undisclosed sum. Five-year-old Bitium offers products covering SSO, credential and application management, directory integration, secure access, user management, reporting and compliance. Its aim is to make sure that a company's users are the same individual …
antique_cash_register_648

Informatica goes private – with Microsoft and Salesforce each taking a share

Data management outfit Informatica became a private company on Thursday, in a multibillion-dollar leveraged buyout that included investment from Microsoft and Salesforce.com's venture wing. Investors received $48.75 in cash for each share of Informatica, which previously had traded on the Nasdaq exchange. The total value of …
Green light

EU rubber-stamps Nokia's proposed Alcatel-Lucent gobble

The proposed mega-merger between Nokia and Alcatel-Lucent cleared a major hurdle on Friday, with the European Commission having given the deal its blessing. "The Commission concluded that the transaction would not raise competition concerns, in particular because the parties are not close competitors and since a number of …
Neil McAllister, 25 Jul 2015
GlobalFoundries Fab 8

IBM gets green light to sell off chips biz to GlobalFoundries

IBM looks to be in the clear to sell off its ailing chippery division to GlobalFoundries after US regulators gave the deal the nod on Tuesday. GlobalFoundries was spun off from AMD in 2009 with substantial funding from the Advanced Technology Investment Company, a wholly owned investment vehicle of the government of Abu Dhabi …
Neil McAllister, 30 Jun 2015
HP

HP lifts lid on Autonomy lawsuit claims, but Lynch cries BOLLOCKS

On Tuesday, HP made public the details of the lawsuit it has filed against former Autonomy executives Mike Lynch and Sushovan Hussain in the UK, in what is just the latest round in litigation that is only likely to get uglier as the suit progresses. "HP confirmed today that Particulars of Claim against Lynch and Hussain were …
No Sale

It's Friday or as we call it, What Is Intel Buying Now Rumor Day: Not Altera, but Broadcom?

Insider sources say Intel won't be buying Altera after all, but the reported collapse of talks between the two companies has already spurred talk that Chipzilla may turn its attention to acquiring someone else – with Broadcom topping the list of candidates. Bloomberg was first to report that Altera, a maker of field- …
Neil McAllister, 10 Apr 2015
Paul Winchell and dummy

Chip rumor-gasm: Intel to buy Altera! Samsung to buy AMD! ... or not

Rumors flew fast and furious on Friday about possible acquisitions in the chip industry, with both Intel and Samsung said to be eyeing purchases that could strengthen their positions against rivals. First up, Intel is thought to be planning to gobble specialty chipmaker Altera, in what could become the largest acquisition in …
Neil McAllister, 27 Mar 2015
Sorry we're closed

Google deal means game over for mobile payments firm Softcard

Google may not have bought Softcard – not exactly – but the online ad-slinger's deal with the mobile payments firm has apparently left Softcard with nothing to do but shut down its service. Google announced on Monday that it had acquired "some exciting technology and intellectual property" from Softcard, but it didn't say what …
Neil McAllister, 25 Feb 2015

Fancy radio maker Motorola Solutions reportedly seeking a buyer

Motorola Solutions is looking for a friendly company to take it under its wing, a new report claims. The firm – which was created when the old Motorola was split into two companies in 2010 – makes two-way radios and other communications equipment, primarily for governments and public safety outfits. That could explain why it …
Amazon data center

Amazon gobbles chips firm Annapurna to speed up cloudy data centers

Amazon has agreed to buy a secretive Israeli chipmaker in an apparent bid to build new custom tech for its massive data centers. Israeli financial newspaper Calcalist was the first to report that Bezos & Co had snapped up Yoqneam, Israel–based Annapurna Labs, and Amazon later confirmed the purchase to the Wall Street Journal …
Neil McAllister, 23 Jan 2015
His master's voice

Siri, are you afraid of Facebook's new speech recognition tech?

Facebook is buying speech recognition startup Wit.ai, in an apparent bid to counter rival chatterbox tech from the likes of Apple, Google, and Microsoft. "Facebook's mission is to connect everyone and build amazing experiences for the over 1.3 billion people on the platform – technology that understands natural language is a …
SAP

How's this for a biz expense? SAP pops $8.3 BEELLION on company card for Concur

SAP has announced it has agreed to acquire enterprise travel and business expense management software purveyor Concur Technologies in an $8.3bn takeover deal. The Germany-based giant will shell out $129 per Concur share – a 20 per cent premium – in a deal it expects to close by the end of the year or early 2015. SAP plans to …
Shaun Nichols, 19 Sep 2014

Facebook gobbles WhatsApp for SIXTEEN BILLION DOLLARS

Facebook has announced that it will acquire mobile messaging service WhatsApp in a deal valued at $16bn. The merger was revealed in a filing with the US Securities and Exchange Commission published on Wednesday. According to the paperwork, WhatsApp will become a wholly owned subsidiary of Facebook in exchange for $4bn in cash …
Neil McAllister, 19 Feb 2014
Handshake

With $100m+ buyout deal, Klout is suddenly popular again

Klout, the startup that claims to be able to measure users' influence on social media sites, has just gained a whole lot more influence of its own – at least $100m worth. Re/Code reports that Klout has been acquired by "social customer experience" company Lithium Technologies in a cash-and-stock deal valued "in the low nine …
Neil McAllister, 11 Feb 2014

Sprint to buy T-Mobile US? Not so fast, says antitrust official

Rumors persist that US mobile carrier Sprint may be looking to snap up smaller rival T-Mobile US, but a top antitrust enforcer has warned that any such deal would be very unlikely to meet regulatory approval. "It's going to be hard for someone to make a persuasive case that reducing four firms to three is actually going to …
Neil McAllister, 31 Jan 2014
BlackBerry bleeding

BlackBerry board swatted away offers to break it up, sources claim

Despite all of the parties that were said to be interested in acquiring pieces of stricken smartphone vendor BlackBerry, breaking up the company was never an option that was on the table, sources claim. The Canadian firm spent six weeks trying to sell itself off but ultimately failed. Instead, it ended up with nothing more …
T-Mobile Sprint

T-Mobile US exec mulls merger with rival Sprint

The chief finance officer of US wireless carrier T-Mobile says further consolidation in the US mobile industry is inevitable and that a merger with Sprint would make a lot of sense. "It's the ultimate logical combination," T-Mobile CFO Braxton Carter told Reuters at the Goldman Sachs Communacopia conference in New York City on …
Neil McAllister, 25 Sep 2013
Elop and Ballmer, no deal

That Microsoft-Nokia merger you've been predicting? It's no go

Microsoft's acquisition of Nokia's mobile phone business – the deal you probably assumed would happen sooner or later – has been scuppered before talks were even made public, according to a new report. On Wednesday, the Wall Street Journal wrote that Microsoft has been engaged in "advanced talks" to snap up the Finnish mobile …
Neil McAllister, 20 Jun 2013

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