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acquisition articles

Microsoft buys Wand Labs to enhance chat bots

After scooping up LinkedIn earlier this week for $26.2 billion, Microsoft on Thursday announced it has acquired messaging app developer Wand Labs. Financial terms of the deal were not revealed.

Samsung announces purchase of US cloud provider Joyent

When it comes to cloud computing services, the big three names are Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform. But now it seems that Samsung is looking for a slice of the action; the Korean firm has…

Time Inc. reportedly interested in merging with Yahoo

Time Inc. is said to be the latest company interested in some or all of Yahoo's assets. Sources familiar with the matter tell Bloomberg that Time Inc., which owns Sports Illustrated, Time, Fortune and People magazines, has heard a presentation…

Fandango acquires Rotten Tomatoes and Flixster

If business were a hand of poker, Fandango just went all-in. The theatrical ticket provider has agreed to purchase both Flixster and Rotten Tomatoes from Warner Bros. Entertainment. Financial terms of the deal were not disclosed although Warner Bros. will…

Pandora said to be searching for a buyer

Pandora's ownership may soon change hands. Sources familiar with the matter tell The New York Times that the Internet radio service has commissioned Morgan Stanley to help it meet with potential buyers.