Tag: acquisition

Apple Beefs Up GPS Program With Coherent Navigation Purchase

Apple yesterday confirmed to The New York Times their purchase of global positioning company, Coherent Navigation.  MacRumors got wind of the acquisition before the official announcement, reporting that Coherent Navigation’s CEO, Paul Lego, and co-founders, William Bencze and Brett Ledvina, had already made the transition to new positions at Apple. Apple has not officially released ...

Minecraft has been released for Windows Phone

Minecraft: Pocket Edition is now available on Windows Phone devices at long last. Pretty much anyone who was aware of Microsoft’s plans to acquire Mojang saw this day coming a mile away. In fact, the main reason for why the tech giant decided to buy the studio has in fact become that much clearer today. Prior ...

Lenovo’s $2.9 billion acquisition of Motorola has been finalized

Lenovo announced in January that it was going to buy Motorola Mobility from Google, but the acquisition has only been officially finalized earlier today. The transaction has been completed for the previously announced sum of $2.9 billion, which is definitely a lot of money, but it’s still pretty low considering that we’re talking about Motorola here. The ...

Facebook will not get any money out of WhatsApp any time soon

Just a few days ago Facebook finalized the acquisition of WhatsApp, one of the most popular messaging services around. The deal was originally meant to go down for $19 billion but the sum was later raised to a jaw-dropping $21.8 billion due to the increasing price of Facebook’s stock. This is indeed a colossal investment and ...

Microsoft’s acquisition of Minecraft is said to be announced this Monday

A few days ago rumors started surfacing that Microsoft is reportedly trying to buy Mojang, the creators of Minecraft. Now, it seems like this wasn’t just a mere rumor as a source close to the matter told Reuters that the deal will be officially announced this Monday. Microsoft is presumably interested in boosting the Windows ...

Microsoft, Amazon and Samsung rumored to be interested in Cyanogen

Word on the street lately is that a lot of companies are interested in a possible partnership with the Cyanogen team. They are well known for the CyanogenMod custom ROM, which is based on the Android operating system, but can be customized in various ways. However, the team is perhaps even more famous for their work ...

Deep Silver acquired all rights to the Homefront IP from Crytek

It seems that Crytek’s financial difficulties are more serious than we thought. Today the studio sold the rights to the Homefront IP along with all associated assets to its publisher, Deep Silver. Crytek UK has been busy developing Homefront: The Revolution for the last couple of months, although rumor has it that work had slowed down to a crawl lately ...

Google/Youtube reportedly confirmed to be purchasing Twitch

We’ve heard rumors earlier this year that Google was planning to buy video streaming platform Twitch and make it part of Youtube. The deal has apparently been confirmed recently and the price is $1 billion, just as it was previously believed. The acquisition wasn’t actually announced by either of the parties involved, but multiple news outlets are ...

Google’s Nest spent $555 million to acquire Dropcam

Nest recently spent $555 million in order to buy Dropcam, a company best known for their Wi-Fi video streaming services. Earlier this year, Nest itself was purchased by Google for no less than $3.2 billion. The company claims that they spent quite a bit of time looking at camera companies and technologies before finally choosing Dropcam. This decision ...