Tag: acquisition
Twitter ‘acqui-hires’ the team from subscription news app, Brief
Twitter’s recent acquisition spree continues today as the company announces it has acqui-hired the team from news aggregator and summary app Brief. The startup from former Google engineers launched last year to offer a subscription-based news summary app that aimed to tackle many of the problems with today’s news cycle,…
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Microsoft’s $7.5 billion ZeniMax acquisition approved by US and EU regulators
Microsoft's $7.5 billion acquisition of Bethesda parent ZeniMax Media has cleared its regulatory hurdles. On Friday, the European Commission (EC) quietly approved the deal without applying any conditions to the merger. It concluded that the pendi… Source
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EA is purchasing Glu Mobile for $2.4 billion
Electronic Arts is acquiring the mobile game developer behind Kim Kardashian: Hollywood. The video game company has announced that it’s purchasing Glu Mobile in a $2.4 billion all-cash deal that the companies are expecting to close in the quarter end… Source
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Uber’s Autocab acquisition gets eyed by UK competition watchdog
Uber’s plan to acquire Autocab, a maker of SaaS for booking and dispatch software for the taxi and private hire vehicle industry which also operates a global trip marketplace for taxis and PHVs (iGo), is being looked at by the UK’s competition watchdog — which announced the launch of an…
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UK’s competition watchdog still eyeing Facebook’s Giphy buy
The UK’s competition regulator will make a decision on whether or not Facebook’s purchase of Giphy has a ‘realistic prospect’ of substantially lessening competition by March 25, it said today, as it continues to scrutinize the acquisition. “The Competition and Markets Authority (CMA) hereby gives notice pursuant to paragraph (b)…
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Lessons from Top Hat’s acquisition spree
Top Hat, a startup that digitizes textbooks and turns them into an interactive experience for college students, announced on Wednesday that it has acquired yet another business: Fountainhead Press. The acquisition marks Top Hat’s third scoop of a publishing company in the past 12 months. Consolidation is going to be…
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