Microsoft has announced that it will be buying up business-focused social network Linkedin, for a whopping $26.2 (£18.5) billion. This will be Microsoft's biggest ever acquisition in the history of the company and is even more noteworthy because it will be purchased entirely with cash, no stock will change hands. LinkedIn …
Read More »Regulator slams Three’s O2 buyout, demands Commission do more
The move by mobile network Three, to try and buyout other major UK network, O2, looks to have hit a snag, as the British antitrust regulator has raised concerns about a recent European Commission investigation into the merger. It described the remedies to cited problems as “materially deficient,” and wants …
Read More »Daily Mail parent company considering Yahoo buyout
Although it may not go it alone, with talks said to be ongoing between the Daily Mail and General Trust (DMGT) and private equity firms, the parent company of the Daily Mail publication is said to be in talks with Yahoo over a potential buyout. This was confirmed by the …
Read More »Foxconn is officially buying Sharp, will bid for more of Apple’s business
After a couple of months of rumours and some drama that almost blew the deal entirely, Foxconn has announced that it will be acquiring Sharp for $3.5 billion, a much lower bid compared to the initial $6.2 billion offer on the table. The amount was reduced after Foxconn came across …
Read More »Foxconn to greatly reduce its offer to buy Sharp
For a while there, it looked like Foxconn's $5.3 billion deal to acquire display maker Sharp was all set to go forward. However, in the late stages of negotiations, some information came to light that showed that Sharp may be carrying much more debt than Foxconn was initially led to …
Read More »Foxconn puts Sharp buyout on hold to investigate future financial risk
Last month reports surfaced suggesting that Foxconn was in talks to acquire the display maker, Sharp. This acquisition would open up some additional doors with Apple, allowing the iPhone assembly factory to also supply displays for the phone. However, the acquisition deal has apparently been put on hold as new …
Read More »Foxconn reportedly wants to buy Sharp for $5.3 billion
Foxconn, the massive assembly line responsible for the manufacturing of a lot of Apple products, amongst other electronic devices, is apparently making a $5.3 billion bid to buy display maker Sharp. Sharp has faced some troubles financially over the last few years so a buyout would be feasible at this …
Read More »Activision now owns Major League Gaming
Major League Gaming, one of the longest standing pro-Esports organisations, is now owned almost entirely by Activison, after the board of directors agreed to sell the publishing giant most of the company's assets for $46 million. This has annoyed some share-holders, as the move was approved – legally – without …
Read More »Tencent now owns Riot Games, League of Legends
Although it started life as an indie developer back in the mid-00s, Riot Games has been anything but for a long time. That's why over the past few years it's courted investment from companies like Tencent, a Chinese game publisher and holding company. And now Riot has sold itself body …
Read More »Ubisoft buys up Ivory Tower and The Crew
With The Crew set to receive a big expansion called Wild Run this November, Ubisoft has decided that it would like to have a bit more involvement in its developer than just publishing it. So it's purchased Ivory Tower, the developer behind the mixed-bag of a racer. There has been …
Read More »AMD’s talks with private equity firm Silver Lake stalled – report
The discussions between Advanced Micro Devices and private equity firm Silver Lake Partners have stalled because the two companies have failed to agree on the price and the future of AMD. The chip designer is reportedly considering other options. Silver Lake was interested to acquire a 25 per cent stake …
Read More »CD Projekt Red denies rumours regarding EA takeover
With the launch of The Witcher: Wild Hunt, CD Projekt Red has comfortably made a name for itself in the mainstream gaming market, which would make the studio quite attractive to larger publishers. GOG has also become more popular over the past year, which has spurred rumours that CD Projekt …
Read More »Chief executive of Acer denies plans to merge with Asustek
For the second time in two years, chief executive officer of Acer Group denies plans to merge with Asustek Computer in a bid to create one of the world’s largest technology companies. Last month the founder of Acer said sarcastically that he would welcome a buyout of the company by …
Read More »Microsoft could buy another Israeli computer security firm
Microsoft might have been trimming the fact over the past year, with thousands of employees losing their long standing positions with the company, but that doesn't mean it doesn't have the money to invest. While preparation for the launch of Windows 10 continues apace, Microsoft is said to be looking …
Read More »Is someone going to buy Twitter?
Despite having an active user base of over 300 million people, Twitter has struggled to monetise quite like other social network giants like Facebook and it's shed many millions of users over the years. Despite revenue growth in the short term however, investors and shareholders have not been happy, so CEO …
Read More »Mojang staff were offered $300k to stay after Microsoft buyout
Microsoft acquired Minecraft development company, Mojang, quite a while back and at the time, the Minecraft community was shocked. As you would expect, some of the Mojang staff probably had some concerns of their own so in order to keep people from leaving, Microsoft offered all Mojang employees the currency equivalent …
Read More »Oculus buys UK VR firm to make AR possible
Facebook has purchased the British based, Surreal Vision, in order to incorporate it into Oculus VR to aid further development within virtual reality and augmented reality technologies. The company, founded by students from the Imperial College London, specialises in converting real world scenes into virtual ones through 3D cameras, thereby …
Read More »BlackBerry cutting staff following buyout rumors
BlackBerry has fallen pretty far since its glory days several years ago. However, the company's brand, along with its thousands of patents, are still worth a fair chunk of cash, which is why we've been hearing about several big tech firms looking in to acquiring the company. Microsoft, Apple and …
Read More »Apparently three more companies are considering buying BlackBerry
Rumors of a BlackBerry buyout are continuing to heat up. Earlier this month we heard that Apple might have an interest in acquiring the struggling Canadian phone maker but now three more have been thrown in to the mix. Apparently, according to new reports, Microsoft along with two Chinese manufacturers, …
Read More »Altera and Intel resume talks regarding acquisition
Altera and Intel Corp. have resume talks regarding possible acquisition of the former by the latter. The deal could be Intel’s largest acquisition in history and may be announced in the coming weeks, according to media reports. The New York Post reports that Altera and Intel are talking about a …
Read More »Rumors point towards Apple buying BlackBerry
This week the rumor mill is churning out something a little different. Apparently, Apple might be interested in acquiring BlackBerry in an effort to gain even more traction in the enterprise market. These rumors have sent shares in BlackBerry soaring. The Canadian phone company has been struggling in the smartphone …
Read More »Nokia to buy Alcatel-Lucent, set to become world’s No. 2 telecom equipment maker
Nokia Corp. announced on Wednesday its plan to acquire rival Alcatel-Lucent in an all-share deal. The transaction values Alcatel-Lucent at €15.6 billion. The new company will become the world’s second largest supplier or telecommunication equipment (after Ericsson) and will be headed by the current Nokia top managers. The combined company will …
Read More »Intel and Altera acquisition talks end due to price disagreement
Negotiations between Intel Corp. and Altera have ended because the companies could not agree on price. The world’s largest maker of microprocessors did not want to pay a hefty premium for the company, which is more profitable than Intel itself. If the chipmaker really wants to get Altera, the talks will …
Read More »Intel gets ready for its largest acquisition ever – report
Intel Corp. is negotiating with Altera Corp., a developer of system-on-chips, field programmable gate arrays and other specialty devices, over a possible takeover. The acquisition could strengthen Intel’s positions across many markets. The transaction could top $10 billion, which will be Intel’s biggest purchase ever. Altera develops and sells field …
Read More »Samsung buys LoopPay to compete with Apple Pay
Samsung has acquired LoopPay, a Kickstarted mobile wallet provider that allows payments to take place on existing magnetic strip readers. This will help Samsung compete against Apple's new Apple Pay service, which has taken off in the US and is due to expand to other territories this year. Speculation about …
Read More »Amazon might be buying an Israeli chip maker
Amazon might soon be dropping another few hundred million on a hardware firm and this time it's to do with internals. Purportedly the deal is for a $370 million (£244 million) buyout of Israeli chipmaker Annapurna Labs, which will not only see Amazon take over the company, but also begin …
Read More »Microsoft could be buying Minecraft and Mojang for $2 billion
Minecraft could be gaming's biggest ever success story. Developed (initially) by one man from a clone of another game, into a massive entertainment product that's sold millions of copies on multiple platforms, Minecraft also spawned conventions and merchandise and changed pre-ordering and early access forever. And now Microsoft wants in …
Read More »Ouya might soon be on the auction block
Remember the Ouya? It was another of the Kickstarter success stories that hasn't turned out quite as well as was hoped. While initially it seemed like a great way to mix up the console space and challenge some of the big boys at their own game, ultimately the little Android …
Read More »Take-Two shares rise thanks to Activision buyout rumours
Take-Two Interactive, the publisher behind 2K Games and Rockstar may be acquired by Activision as rumors of a buyout deal begin to swirl, causing share prices to rise. This wouldn't be the first time that Activision attempted to buy the company, back in 2008 it made a $2 billion bid, …
Read More »Google backed out of Twitch deal due to anti-trust issues
Over the last few months there were plenty of rumors floating around suggesting that Google buying Twitch was practically a done deal. However, it turns out that Google supposedly backed out due to anti trust issues, thus paving the way for Amazon to snap up the streaming service for $970 …
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