Tag: M&A

  • Wunderlist

    In 2015, it was big news to the Startup and VC scene, when Microsoft announced it would acquire Wunderlist. Back then, 6Wunderkinder was one of the most promising StartUps in the German Capital. The social media bubble immediately started debating the future of the product and whether Microsoft would spoil it or even shut it down.

    The recent past showed all fears held true when Microsoft announced the shutdown of Wunderlist in favour of a “To-Do” app, to the disappointment of it’s entire user base.

    Now, another two years later, Christian Reber, CEO and Founder of 6 Wunderkinder, announced his plans to buy back the core application from Microsoft. VentureBeat has more

    https://venturebeat.com/2019/09/06/wunderlist-founder-wants-to-buy-his-app-back-from-microsoft/
  • Apple acquiring most of Intel’s smartphone modem business in $1B deal

    After Apple only recently announced to partner with Qualcom on 5G modems, Intel quickly decided to cease their efforts in that area. In that market situation, Apple likely landed a bargain on this deal.

    Apple has entered into a deal to acquire a majority of Intel’s modem business, TechCrunch has learned. The deal, valued at around $1 billion, includes Intel IP, equipment, leases and employees, with Apple bringing over 2,200 new roles and bringing its portfolio up 17,000 wireless technology patents. “We’ve worked with Intel for many years and know this team shares Apple’s passion for designing technologies that deliver the world’s best experiences for our users,” Apple SVP Johny Srouji said in a release tied to the news. “Apple is excited to have so many excellent engineers join our growing cellular technologies group, and know they’ll thrive in Apple’s creative and dynamic environment.

    Source: Apple acquiring most of Intel’s smartphone modem business in $1B deal

  • Salesforce buys Tableau

    Salesforce buys Tableau for an amount of $15.7B, in not only its largest M&A deal to date, but probably one of the largest deals ever. After Google only acquired Looker earlier past week, it seems the race for Business Analytics is on.

    SaaS giant Salesforce announced that it has signed an agreement with Seattle-based data visualization and analysis platform Tableau for $15.7 billion in stock. Both companies’ boards of directors approved the deal, which “is expected to be completed during Salesforce’s fiscal third quarter […]

    Source: Salesforce To Buy Tableau For $15.7B In Its Largest M&A Deal To Date

  • Google to Acquire Looker

    Google spent $2.6 billion all cash to acquire business intelligence platform Looker.

    Google LLC today announced that it has entered into an agreement to acquire Looker, a unified platform for business intelligence, data applications and embedded analytics, in a $2.6 billion all-cash…

    Source: Alphabet : 06.06.2019 Google to Acquire Looker more | MarketScreener

  • Leap Motion acquired by Ultrahaptics

    The 2010 founded AR and VR company, that was leading in hand tracking devices for VR usage had a few moments that made the tech-headlines. According to many sources, Apple tried to acquire the company twice, with the second attempt as recently as 2018. Past week, the company sold for $30 million.

    Today, we’re announcing a strategic deal with Ultrahaptics that combines the two companies and solidifies our collective role as the world’s leading spatial interaction company.

    Source: Leap Motion and Ultrahaptics Join Forces – Leap Motion Blog

  • LinkedIn Snaps Up Drawbridge

    Drawbridge, a company that provides Marketing Tooling to understand customers better, is LinkedIn’s second known acquisition in 8 Months. The volume of the deal is unknown.

    LinkedIn snaps up Drawbridge

    LinkedIn just acquired its 22nd-known company: Drawbridge. The smaller company will integrate with LinkedIn’s marketing services. The move jumps off of LinkedIn’s own growth in providing marketing tooling, according to the company’s blog post. LinkedIn claims that its “Marketing Solutions” business “accelerated” […]

    Source: LinkedIn Snaps Up Drawbridge, Its Second Known Acquisition In 8 Months

  • HPE buys Supercomputer Maker Cray 

    On the Hardware end, HP bought Cray Supercomputers. The deal was reported to be valued at $1.4 billion. Cray was famous for it’s supercomputers, out of which several made the Top 500 list.

    Hewlett Packard Enterprise Co. has agreed to buy U.S. supercomputer maker Cray Inc. in a deal valued at about $1.4 billion as the firm works to become more competitive in high-end computing.

    Source: HPE Agrees to Buy Supercomputer Maker Cray for $1.4 Billion – Bloomberg

  • VMware acquires Bitnami

    Bitnami is a name that many may know from packaged applications available on the major cloud marketplaces. The company packages up applications for easier consumption and adoption, and the concept became quite popular. Today, VMWare announced the acquisition of Bitnami for an undisclosed amount of money.

    VMware announced today that it’s acquiring Bitnami, the package application company that was a member of the Y Combinator Winter 2013 class. The companies didn’t share the purchase price. With Bitnami, the company can now deliver more than 130 popular software packages in a variety of formats, such as Docker containers or virtual machine, an […]

    Source: VMware acquires Bitnami to deliver packaged applications anywhere | TechCrunch

  • Ocedo acquired by Riverbed

    Riverbed Announces Acquisition of Leading SD-WAN Provider Ocedo 

    Acquisition accelerates Riverbed’s strategy to deliver next-generation software-defined networking solutions to customers, and creates significant new growth opportunities

    Guess that’s good news for the distribution of Ocedo’s products.

    via: Ocedo acquired by Riverbed