Acquisition articles

Samsung buys IoT startup SmartThings for $200 million

Samsung has acquired SmartThings, a startup that builds technology to connect everyday items like locks, smoke alarms, and more, allowing you to control them via smartphone. Although the financial terms of the deal weren't disclosed, re/code is reporting that the price…

Is Marissa Mayer interested in buying AOL?

Earlier this month at the Sun Valley conference, AOL CEO Tim Armstrong and Yahoo CEO Marissa Mayer were spotted at a bar together. The rumor mill went into overdrive with speculation that Yahoo might purchase AOL. As an early investor…

LinkedIn acquires Google Alerts competitor Newsle

LinkedIn on Monday announced they have agreed to purchase Newsle, a startup that specializes in providing alerts anytime someone in your network is mentioned on the web. Terms of the deal were not immediately disclosed.

Google acquires music streaming service Songza

Google has agreed to purchase music streaming service Songza. Terms of the deal weren't disclosed although earlier rumors pegged the purchase price around $15 million. That was before others became interested in the company which likely raised the price considerably.

Oculus VR acquires design company behind Xbox 360 controller, Kinect

Oculus VR has acquired Carbon Design, the company responsible for designing the Xbox 360 controller and the original Kinect. Terms of the deal weren’t disclosed although the two have apparently be working together on multiple unannounced projects for over a…

Priceline agrees to purchase OpenTable for $2.6 billion

Online travel booking site Priceline is getting in the restaurant business. The company on Friday announced they will buy OpenTable for $2.6 billion in cash, agreeing to pay $103 per share – a 46 percent premium over yesterday’s closing price…