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Microsoft considering $1 billion offer to buy Nook Media
- Already an investor in Barnes & Noble’s e-reader business, Microsoft is reportedly considering a $1 billion bid to buy complete control of Nook Media. The joint venture was spun off last year with the help of $300 million from Redmond…
MetroPCS shareholders agree to T-Mobile merger
- MetroPCS shareholders have voted in favor of merging the company with the nation’s fourth largest wireless provider. Shareholder approval was the last major hurdle the deal faced as regulators had already given the merger the green light earlier this year. …
Report: Google acquires language processing startup Wavii for $30M
- Google has acquired a natural language processing startup called Wavii for more than $30 million. The search giant reportedly won the bid over Apple, which wanted the company to use for their Siri division. It now seems that Google will…
Yahoo acquires news-summarizing app Summly for $30 million
- Continuing with the pursuit to revamp its digital news and media business, Yahoo has announced that it will be acquiring Summly, a startup that aims at summarizing web content into a digestible format more fit for mobile devices. Financial terms…
Dell receives two 'possibly superior' bids from Icahn, Blackstone
- Last month, Dell officially announced plans to go off the publicly-traded stock market and into private hands. The buyout offer came from founder Michael Dell himself and a handful of investment firms to the tune of $24.4 billion, or about…
BlackBerry shares up 15 percent on Lenovo takeover talk, again
- Share value in BlackBerry is up more than 15 percent following an interview with Lenovo CEO Yang Yuanqing in a French financial newspaper called Les Echos. The executive told the publication that a deal to acquire the Canadian handset maker…
It's official: Dell going private in $24 billion deal
- Dell has officially confirmed what’s been rumored for the last few weeks by announcing plans to go off the publicly-traded stock market and into private hands. According to a press release issued moments ago, the transaction will be financed through…
AT&T agrees to purchase Alltel spectrum, customers for $780 million
- AT&T has reached an agreement with Atlantic Tele-Network Inc. (Alltel) to acquire the company’s US retail wireless operations for $780 million in cash. Included in the package are the rights to Alltel’s wireless properties and licenses, network assets, retail stores…
Netflix shares up on Microsoft buyout rumor
- Share value in Netflix rose more than 13 percent on Friday following a rumor that Microsoft was interested in purchasing the streaming video and DVD-by-mail outfit. Netflix will open on Monday at $69.58 per share, a much-needed boost considering it…
Rumor: Asus has made an offer to acquire board maker ASRock
- Rumors are circulating at this hour that Asus has made an offer to acquire fellow motherboard maker ASRock. Charlie Demerjian from SemiAccurate says ASRock’s parent company, Pegatron, approves of the takeover bid but nothing is official yet.
Google acquires company behind top iOS photo app Snapseed
- Google today revealed it has agreed to buy Nik Software, a German company that makes photo editing applications for amateur and professional photographers. Financial terms of the deal were not disclosed, but according to The Verge, the acquisition was centered…
Best Buy gives Schulze the green light to perform due dilligence
- Best Buy founder Richard Schulze has been given the green light to move ahead with plans to pursue an acquisition of the company he created more than 45 years ago. The first step in the process is to perform due…
Digia buys Nokia's Qt business, will port it to iOS, Android, Windows 8
- Finnish software firm Digia Oyj announced earlier today that it's acquiring Nokia's Qt software business for an undisclosed sum with the intention of continuing its development whilst focusing on improving cross-platform support. It highlights Nokia's increased dependence on Microsoft's mobile…
AMD stock value on the rise following buyout chatter
- Shares in Advanced Micro Devices are on the rise following speculation that the semiconductor company could be headed for a buyout. Share value shot up roughly 8 percent yesterday afternoon, topping out at $4.46 before dropping slightly to close the…
VMware to acquire virtual networking startup Nicira for $1.26 billion
- VMware, a virtualization technology specialist announced on its official blog yesterday that it will acquire California-based networking startup Nicira for $1.26 billion, as the firm looks to further bolster its leading position in the virtual machine marketplace.
Beats Audio acquires steaming music service MOG
- Beats Audio has acquired streaming music provider MOG, finally putting to rest rumors that such a deal was in the works. The companies revealed the news to USA Today although terms of the purchase were not disclosed.
Microsoft purchases corporate social network Yammer for $1.2 billion
- Microsoft has pulled the trigger on a deal that will see them acquire corporate social network Yammer in an effort to keep pace with other similar offerings. As rumors earlier this month suggested, Microsoft has agreed to pay $1.2 billion…
Facebook buys facial recognition technology company Face.com
- Facebook has acquired facial recognition technology company Face.com for an undisclosed amount of money. Such a deal was rumored to be in the works last month for around $100 million, making Face.com the first post-IPO acquisition by the social networking…
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