By Christian Zibreg on Sep 15, 2014
Following weeks of speculation, software giant Microsoft on Monday officially confirmed it’s spending a cool $2.5 billion to buy Mojang, a company behind the highly successful Minecraft video game which tasks players with building constructions out of textured cubes in a 3D procedurally generated world.
The Stockholm-based firm is to become part of Microsoft Studios, the Windows maker has confirmed.
The deal, subject to customary closing conditions and regulatory review, will enable “richer and faster worlds, more powerful development tools and more opportunities to connect” across the Minecraft community as the game is set to take advantage of Microsoft’s cloud and mobile technologies. Read More
By Cody Lee on Sep 12, 2014
Before raising its latest $100 million in funding, Square was in talks with Apple regarding a possible acquisition, reports TechCrunch this afternoon. The outlet says that the two companies held discussions briefly, but the conversation quickly ended when their final numbers didn’t match up.
Apparently Apple was willing to pay around $3 billion for the mobile payments company, about 30% over its value. TechCrunch even claims that the Cupertino firm showed Square hardware it was working on that would compete directly with its point-of-sale tools, but the company declined. Read More
By Jake Smith on Aug 25, 2014
Amazon has acquired Twitch, the world’s leading video platform and community for gamers, both companies announced in a statement after the market close on Monday. Google’s YouTube was thought to have originally been the winning bidder, but that has changed after Amazon stepped in to close the deal. Read More
By Cody Lee on Aug 15, 2014
With much of the ‘next big thing in tech’ talk focused on wearables and mobile payments, it’s easy to forget about the connected home. But all of the major tech companies are making major moves in this space, including Google, Apple and now Samsung.
Following Google’s Nest acquisition and Apple’s HomeKit unveiling, Samsung announced this week that it has purchased smart home startup—and former Kickstarter sensation—SmartThings. The money is said to be in the neighborhood of $200 million… Read More
By Cody Lee on Aug 1, 2014
It’s been just over 2 months since Apple announced that it would be acquiring Beats Electronics for $3 billion. And although the deal wasn’t expected to be completed until September, the Cupertino company is clearly ready to officially welcome Beats to the family.
Apple this morning posted a link on the homepage of its website to a new portal called ‘Welcome Beats,’ which features a brief message about the merger. Likewise, a message has been posted on Beats’ homepage regarding the acquisition and upcoming changes… Read More
By Cody Lee on Aug 1, 2014
It appears that Sprint may have some new competition in the T-Mobile suitors club. The Wall Street Journal is reporting that French telecom Iliad has offered to buy T-Mobile U.S., putting in a bid of $15 billion cash for a majority 56.6% stake in the carrier.
Like T-Mobile in the United States, Iliad is the fourth largest wireless provider in France. Founded by billionaire French entrepreneur Xavier Niel, the company has climbed its way to the top by offering better pricing and customer service than the competition… Read More
By Christian Zibreg on Jul 28, 2014
The European Commission has okayed Apple’s purchase of the Beats Music streaming-music service and Beats Electronics’ premium headphone business, concluding that the agreement would not be detrimental to consumers across Europe. This is an important though expected development as Apple hopes to complete the $3 billion transaction by the end of the September quarter, pending regulatory approval in the United States… Read More
By Christian Zibreg on Jul 28, 2014
Following a TechCrunch report last Friday which claims that Apple has recently acquired data-style book analytics services BookLamp (basically a “Pandora for books”) to beat Amazon at its own game, Re/code is reporting early Monday that the Cupertino firm has another acquisition target in its crosshairs – a radio/podcast app Swell (“Pandora for talk radio”) which raised $7.2 million from investors including DFJ, Google Ventures and InterWest Partners… Read More
By Cody Lee on Jul 25, 2014
During Apple’s quarterly earnings conference call on Tuesday, Tim Cook said that the company has acquired 5 companies in the last 4 months, not including Beats electronics. We’ve known about two of the purchases, Spotsetter and LuxVue, and today we add a third.
TechCrunch is reporting that Apple recently acquired BookLamp, a startup based out of Boise, Idaho, that developed big data-style book analytics services. Described as “Pandora for books,” the service recommends books through digital analysis of author writing styles… Read More
By Cody Lee on Jul 24, 2014
Google has reportedly reached an agreement to acquire Twitch for $1 billion. After several months of rumors that the search giant was courting the streaming video platform, VentureBeat says that it has confirmed with several sources that it’s a done deal.
For those unfamiliar with the service, Twitch is a San Francisco-based company that enables people to broadcast video game sessions from their consoles, computers, and as of March, mobile devices. It also distributes content from CBS Interactive partners… Read More
By Cody Lee on Jul 22, 2014
One of the more interesting tidbits from today’s earnings call was a revelation about Apple’s recent acquisitions. Tim Cook said the company has purchased 5 companies since the end of the March quarter, and a total of 29 companies during the past 9 months.
Apparently these numbers do not include the Beats Electronics deal—Apple’s largest acquisition to date—because it has not completely finalized yet, and isn’t expected to until later this quarter. So who are the other companies? These are the ones we know about… Read More
By Christian Zibreg on Jul 1, 2014
Google Music with its scan-and-match feature and streaming doesn’t seem to be picking up any significant steam, and that’s despite (or in spite of) Google’s scale and an impressive one billion active Android devices in the wild.
Hoping to hit back at Apple and Beats, the Internet giant on Tuesday announced it’s snapped up streaming music service Songza which, like Apple-owned Beats, specializes in finding the right music to fit your mood.
And in related music news, the popular Internet radio service Rdio today said it’s acquiring TastemakerX, a music discovery and curation service… Read More
By Cody Lee on Jun 21, 2014
Smart thermostat-maker Nest announced on Friday that it has reached an agreement to acquire Dropcam. The company, which itself was purchased by Google earlier this year, says that the all-cash deal is worth a hefty $555 million.
For those unfamiliar with Dropcam, it’s behind the popular line of Internet-connected home monitoring cameras. Major selling points for the cameras include easy setup, 2-way audio and remote streaming via any PC or mobile device… Read More