Posted by Admin on August 15, 2011 ·
This is definitely a surprise for all of us – Google has acquired Motorola’s mobile phone business for a whopping $12.5 billion. This acquisition has the capacity of changing the landscape of Mobile handset industry all over the world.
Larry Page, Co-founder & CEO of the company wrote in a blog post “Motorola Mobility’s total commitment to Android has created a natural fit for [...]
Posted by Admin on June 1, 2011 ·
Microsoft has struck a deal to buy Nokia’s phone unit for $19 billion. Eldar Murtazin from mobile-review.com has just tweeted “One small software company decided last week that they could spent 19 bln USD to buy a part of small phone vendor. Thats it.” Analysts are guessing the tweet refers to Microsoft and Nokia as Murtazin is pretty plugged in to Nokia and He is the same guy who [...]
Posted by Admin on May 10, 2011 ·
After negotiating with Google, Facebook Skype has finally decided to sell itself to Microsoft for a whooping $8.5 billion in cash.
The deal was announced by the companies today morning and after the acquisition Skype will be executed as a a separate business unit under Microsoft, and the the new unit will be run by current Skype CEO Tony Bates. Tony will be reporting directly to Steve Ballmer, CEO [...]
Posted by Admin on April 27, 2011 ·
After much of discussions and months of finding new buyer for the bookmarking website delicious, Yahoo has finally reached a negotiation with Chad Hurley and Steve Chen – the two young founders of YouTube.
Initially Yahoo was willing to sell the site for $1 to $2 million, but the details of this deal is not yet disclosed. Company has made an official statement of the sellout on the official [...]
Posted by Admin on March 20, 2011 ·
Few days back we said T-Mobile US was up for sale and rumored contender was Sprint, things have taken a turn now and AT&T has announced that they are buying T-Mobile USA for $39 Billion.
The deal will add another 34 million subscribers to an existing 95 million users on AT&T. This will surely secure the top spot for the the company for next few years with Verizon presently having around [...]
Posted by Admin on March 20, 2011 ·
Snaptu an Israeli startup, which was founded in 2007 has announced that it has been acquired by Facebook. The company has been developing java based mobile applications for feature phones and has made headlines in January for helping Facebook expand and upgrade its presence on all types of mobile phones. Rumors are evaluating the acquisition to be estimated around $50 million -$70 million.
Posted by Admin on March 8, 2011 ·
The latest rumors in the market suggest the merger of GSM & CDMA providers, Yes that is correct, Sprint & Deutsche Telekon’s T-mobile USA are negotiating the deal.
Businessweek.com claims the two companies have been on and off over the valuation of T-mobile USA as the company posted a drop in profit in the fourth quarter. If this deal goes through this would combine the third and fourth [...]
Posted by Admin on February 10, 2011 ·
Finally, One of the much hyped social media company is on sale. Twitter, a micro blogging social media firm is for sale reports the Wall Street Journal. With estimated 175 million users and over 95 million Tweets sent every day twitter has become an attractive buy for companies like Facebook and Google.
WSJ also said that Facebook and Google executives have engaged in “low-level talks” [...]
Posted by Admin on January 20, 2011 ·
Amazon, largest online retailer is to acquire all the remaining shares of LoveFilm, a Birtish DVD rental and online streaming company. LoveFilm has been termed as “Netflix of Europe” by providing DVD by mail in UK, Germany, Sweden, Norway & Denmark. The company has also recently started online movie and games streaming services via browsers, Playstation 3 etc.
Amazon was already owning [...]
Posted by James Barry on December 8, 2010 ·
Unlike the “rainmakers” and the deal hungry “power suits” in the lofty corner offices of big corporate law firms, the lower echelons of top tier firms – the overworked, often sleep-deprived articling students and junior associates who do the legal grunt work for big time mergers and acquisition – love it when a deal “craters.” They have racked up plenty of billable (albeit dry) hours [...]