Tag "M&A"

Google buys Twitter’s developer platform Fabric

By : CIOL Writers

Google is acquiring Twitter’s app development platform Fabric, along with its developer team. Not just this, the search engine company is also taking over Twitter’s Crashlytics crash reporting system, Answers mobile app analytics, Digits SMS login system and FastLane development

Microsoft acquires 3D optimization platform Simplygon

By : CIOL Writers

Barely days after acquiring deep learning startup Maluuba, Microsoft has announced a new purchase- Simplygon, a Swedish startup that develops 3D-optimization solutions for game developers and other industries that need to visualise 3D data. “Simplygon’s technology and talent will strengthen

HPE to acquire data-management platform SimpliVity for $650mn

By : CIOL Writers

Hewlett Packard Enterprise has announced a $650 million cash deal to acquire data-storage startup SimpliVity. SimpliVity was founded in 2009 and combines storage, computing and networking into a single system. This category of hardware, known as hyper-converged infrastructure, is a

Fitbit acquires smartwatch startup Vector Watch

By : CIOL Writers

After acquiring Pebble last month, fitness wearables brand Fitbit has made yet another acquisition in the form of European smartwatch maker Vector Watch. Though the terms of the deal haven’t been disclosed, the year-old startup has been acquired for its

Practo acquihires BI startup Enlightiks to boost its offerings for healthcare enterprises

BANGALORE, INDIA: Online healthcare platform, Practo has acquihired Bangalore-based Enlightiks that offers business intelligence (BI) solutions to healthcare enterprises for an undisclosed amount. Enlightiks’ primary offering is called Querent, which is a business intelligence and predictive analytics platform that provides actionable insights

Google acquires smartwatch startup, Cronologics to help improve Android Wear

By : CIOL Writers

Google has acquired a smartwatch startup, co-founded by former Google employees, Cronologics aimed at improving its capabilities in the Android Wear division. The specific financial details of the purchase were not disclosed but Cronologics’ team will now be working on

Delivery Hero acquires rival Foodpanda

By : CIOL Writers

Online food takeaway service Delivery Hero is acquiring rival foodpanda that should help the Berlin-based company to consolidate its position in the European market and add 20 new Asian, MENA and East European countries to its arsenal. Though the terms

GoDaddy acquires WordPress services startup WP Curve

By : CIOL Writers

Web-hosting firm GoDaddy has acquired bootstrapped startup WP Curve as it continues to increase focus towards WordPress services. Though the transaction details of the deal remain undisclosed but GoDaddy will now pick up the customer base of WP Curve along

Uber acquires AI startup Geometric Intelligence, creates Uber AI research lab

By : CIOL Writers

This was expected sooner than later with AI currently ruling the roost in the tech industry. US cab-aggregator, Uber has acquired a two-year-old artificial intelligence startup Geometric Intelligence whose team will provide the core for a new central AI lab

Hyderabad-based Next Education acquires edutech startup Xolvr

By : CIOL Writers

Marking the third acquisition in past 12 months, the Hyderabad-based learning solution provider for K-12 students, Next Education has acquihired edutech startup Xolvr for an undisclosed amount. Xolvr is a Gurugram-based education technology startup founded by Aamir Mojeeb and Mohammed

AngelList acquires Product Hunt for an undisclosed amount

By : CIOL Writers

AngelList, the company that helps investors find startups to invest in has bought Product Hunt, the platform where people vote on startup products, for an undisclosed amount. Product Hunt was rumored to be looking to raise its next round, however,

Twitter’s acquisition of Yes, Inc. brings them a new VP of Product

By : CIOL Writers

Looks like Twitter is finally getting new VP of Product, Keith Coleman who is on-boarding as part of Twitter’s purchase of seven-person mobile app startup Yes, Inc., where he served as CEO. Yes! Keith and team are joining Twitter to

Cognizant to acquire digital marketing & customer experience agency Mirabeau BV

By : CIOL Writers

Cognizant is buying Dutch digital marketing and customer experience agency Mirabeau BV, to expand its digital business capabilities in the Netherlands and Europe. The terms of the transaction were not disclosed. Based in Amsterdam, Mirabeau works with leading brands such

Netmeds acquires medicine delivery startup Pluss to expand reach in North India

By : CIOL Writers

E-pharmacy Netmeds has acquired rival hyperlocal medicine delivery startup Pluss in an all-stock deal aimed at expanding its operations and reach in Northern India. The merger will also enable the Netmeds to compete against the likes of prominent players like

Tesla acquires solar energy provider Solarcity for $2.6 billion

By : CIOL Writers

Tesla has officially acquired SolarCity for $2.6 billion, bringing Elon Musk’s two companies under one roof. Solarcity is the provider of solar energy services, headquartered in San Mateo, California. Tesla said, “We’re pleased to announce that Tesla’s acquisition of SolarCity

Google acquires cloud training startup Qwiklabs

By : CIOL Writers

Google has announced that it has acquired Qwiklabs, a training platform for those who want to learn about public cloud infrastructure services. “We want to help businesses get the most out of their cloud investment and, with Qwiklabs, we’ll give

Oracle acquires global DNS provider Dyn

By : CIOL Writers

Oracle is buying Dyn, a New Hampshire-based company that operates a platform to optimize websites’ performance. Dyn offers a variety of services, including monitoring and controlling applications and infrastructure with data and analytics to reroute traffic. While making the announcement,

Symantec to acquire identity theft protection firm LifeLock

By : CIOL Writers

U.S. cyber-security software company, Symantec has announced that it is acquiring identity theft protection firm LifeLock for $2.3 billion aimed at making Symantec the world’s largest digital safety platform. “As we all know, consumer cybercrime has reached crisis levels. With

Facebook acquires face recognition technology provider FacioMetrics

By : CIOL Writers

Facebook has acquired a Carnegie Mellon University spinoff company called FacioMetrics aimed at enhancing its photo and video capabilities. FacioMetrics is popular for developing tools for understanding facial behavior and demographic from videos, detection, and even letting you swap faces.

Verizon acquires SocialRadar, a mapping startup to boost MapQuest

By : CIOL Writers

Verizon has acquired Washington DC-based SocialRadar, a social mapping startup for an undisclosed amount. The brainchild of former Blackboard co-founder Michael Chasen, SocialRadar provides technology that takes users to exact specific location, even to a specific door in a building,