Archive : Mergers & Acq.

Yesterday we told you that Google is acquiring Groupon for $2.5 billion. Maybe some of the details are not accurate as you all know Yahoo previuosly tried buy groupon for $3+ billion and the company denied saying they are worth much more then that. Now the latest rumors have hit the market which says, Google have offered the online daily deal site, Groupon, a cool sum of $5 to $6 billion, which will [...]

Vatornews, a new blog recently published the news that Google has already bought Groupon for $2.5 billion. While we cannot comment on the credibility of the source, VatorNews claims that an unnamed insider that is a reliable source confirmed the acquisition. Rumours of Google acquiring Groupon have been on the radar for over a week now, since November 19, when we reported that “Google In Talks [...]

New rumors of a possible Apple acquisition of Sony prompted the largest trading volume of the Japanese electronics company in last few months Since Apple has announced its quarterly financial results with $51 billion cash stockpile and Steve Jobs said “We strongly believe that one or more very strategic opportunities may come along, that we can take, that we’re in a unique position to [...]

Google is just not taking break in acquiring companies related to social media. This time, the search giant acquired Toronto based mobile social game developer SocialDeck likely in an effort to build a legitimate competitor to Facebook. SocialDeck which was founded in 2008 by by COO Anish Acharya and Vice President of Products & CTO Jeson Patel. The conpany itself has confirmed the acquisition [...]