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Posts Tagged ‘ acquisitions ’

Pep Boys Agrees to $791M Acquisition

Pep Boys Agrees to $791M Acquisition

Auto parts chain Pep Boys has agreed to go private in an $800 million deal in which the nationwide chain will be acquired by the Gores Group. Per a press release, the deal is expected to wrap in ... continue
With the T-Mobile failure could AT&T go after Dish Network?

With the T-Mobile failure could AT&T go after Dish Network?

While there were cheers and high-fives all over the tech world when AT&T announced that they were pulling out of the T-Mobile deal it didn't stop AT&T needing to find a solution to a major problem facing ... continue
Rumor: Amazon apparently looked into buying RIM earlier in the year

Rumor: Amazon apparently looked into buying RIM earlier in the year

Well this is one in from out in left field but according to Reuters and two trusted inside source at a Wall Street investment house Amazon was in some serious talks to buy beleaguered Research in Motion (RIM) earlier ... continue
AT&T Wireless Drops T-Mobile Takeover Bid, Forms Partnership Instead

AT&T Wireless Drops T-Mobile Takeover Bid, Forms Partnership Instead

AT&T announced on Monday that they are ending their $39 billion bid to acquire T-Mobile USA from Deutsche Telekom after fierce government opposition marred the deal. Speaking about their decision officials at AT&T say the actions of the U.S. ... continue
Winn-Dixie Bought By Bi-Lo, Chains to Merge

Winn-Dixie Bought By Bi-Lo, Chains to Merge

Citing a desire for greater scale in their combined markets, supermarket chains Winn-Dixie and Bi-Lo are merging. Bi-Lo agreed today to purchase Winn-Dixie for $9.50 a share- about 75% higher than the stock's closing price Friday- in a ... continue
eBay Gobbles Up Hunch For Estimated $80 Million

eBay Gobbles Up Hunch For Estimated $80 Million

Online auction site eBay announced the acquisition of recommendation startup Hunch on Monday for an estimated cost of $80 million (Acquisition pricing has not been revealed at this time). Launched in 2008 the company will retain their 50-person ... continue
Nuance Buys Swype For $100 Million [Confirmed]

Nuance Buys Swype For $100 Million [Confirmed]

Nuance confirmed on Tuesday that they have purchased mobile platform Swype for $100 million. Nuance currently owns the rights to the T9 keyboard system which will now add full QWERTY capabilities to their lineup. By purchasing Swype the ... continue
AT&T Requests Dismissal of Sprint and Cellular South Lawsuits

AT&T Requests Dismissal of Sprint and Cellular South Lawsuits

Mobile and wireless behemoth AT&T has urged the federal court in Washington to dismiss lawsuits brought against it by rivals Sprint Nextel and Cellular South. Both firms are arguing AT&T's proposed USD39 billion purchase of T-Mobile from ... continue
Finally someone with balls is fighting the AT&T acquisition of T-Mobile. Surprise, it’s the DoJ.

Finally someone with balls is fighting the AT&T acquisition of T-Mobile. Surprise, it’s the DoJ.

Typically when businesses move to acquire another company it is pretty smooth sailing, even if the deal has to be approved by various US agencies. Even when IBM sold off its laptop business to the Chinese company ... continue
Skype Buys GroupMe For $50 Million, Company Will Retain Entire Team

Skype Buys GroupMe For $50 Million, Company Will Retain Entire Team

Skype has announced the acquisition of group messaging service GroupMe for somewhere in the vicinity of $50 million to $100 million. According to people close to the deal the GroupMe application will continue to operate independently but ... continue
Time Warner Cable Acquiring Insight Communications For $3 Billion

Time Warner Cable Acquiring Insight Communications For $3 Billion

Time Warner Cable on Monday announced that they have struck a $3 billion cash deal to acquire Insight Communications. The buyout will give Time Warner an additional 750,000 customers throughout Indiana, Kentucky and Ohio.   The acquisition was led ... continue
Garmin Confirms: Navigon Is Officially Acquired

Garmin Confirms: Navigon Is Officially Acquired

GPS leader Garmin on Tuesday announced that their acquisition of competitor Navigon has been completed, signaling a smooth purchase with no major roadblocks in the deal. Garmin said in June that they would have the Navigon acquisition completed ... continue
Go Daddy is going … going … gone for $2.25 billion

Go Daddy is going … going … gone for $2.25 billion

It's not news that Go Daddy, one of the biggest domain registrars in the business along with web hosting and online marketing, was up for sale. What is news, and by the looks of it hot off the press, is ... continue
[Rumor Mill] Yahoo Attempting To Purchase Hulu

[Rumor Mill] Yahoo Attempting To Purchase Hulu

An unnamed company is said to be after Hulu for an acquisition and according to the Company Town blog by LA Times that company is none other than Yahoo. According to reports the offer wasn't solicited by Hulu however ... continue
FTC Approves Microsoft Acquisition Of Skype

FTC Approves Microsoft Acquisition Of Skype

In May 2011 Microsoft announced that they would pay $8.5 billion in cash to acquire internet phone and chat provider Skype and less than one month later the FTC has approved that acquisition. While concerns began to arise ... continue
Google Buys Engagement Ranking Service PostRank

Google Buys Engagement Ranking Service PostRank

In recent days, Google's CEO Eric Schmidt has lamented the tech giant's foot-dragging when it comes to the social sphere. Google notably lagged in social products, finally releasing Google Buzz in 2010 to a response that could charitably ... continue
Duncan dishes on Inquisitr sale, future plans

Duncan dishes on Inquisitr sale, future plans

It's done and dusted- the sale of the Inquisitr is complete, and the site has officially changed hands. It would be incredibly difficult to post about this objectively, as I've personally had an eons-long by tech standards working ... continue
Microsoft buys Skype for $8.5 billion

Microsoft buys Skype for $8.5 billion

After some speculation that Microsoft and Facebook were both vying to purchase VoiP property Skype, the former has plunked down $8.56 billion in cash to purchase the service. Skype is Microsoft's priciest acquisition to date, beating out the ... continue
Russian born businessman snaps up Warner Music

Russian born businessman snaps up Warner Music

According to a post just showing up on The Register says that Warner Music has been bought for a price of $3.3 billion. The man behind the surprise deal is  U.S. businesses man Len Blavatnik who through his ... continue
Think The T-Mobile / AT&T Deal #Sucks? Tell The FCC Why.

Think The T-Mobile / AT&T Deal #Sucks? Tell The FCC Why.

When word came out that AT&T was looking to buy up its competitor T-Mobile the tech blogosphere was quick to jump on it as being one of the worst ideas to come along in a long time. ... continue
Holy Crap! $315 Million later and AOL buys Huffington Post [VIDEO]

Holy Crap! $315 Million later and AOL buys Huffington Post [VIDEO]

Wow. Holy Crap. This has to be some of the biggest deal to hit the blogosphere, over shadowing AOL's purchase of TechCrunch for a rumored amount of $10 million. Following the Super Bowl Kara Swisher from All Things D ... continue
Google said to be eyeing up Groupon, for $3B+

Google said to be eyeing up Groupon, for $3B+

Google is said to be looking to acquire up and coming group purchasing site Groupon, according to AllThingsD. Google predictably wouldn't comment on rumored negotiations, and Groupon hasn't tipped their hand in the matter either: In an email, a ... continue