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Nokia to acquire Deepfield to power network and service automation with real-time, big data analytics

  Nokia is already a major player in the automotive industry providing location intelligence for connected vehicles through HERE. The NGP fund, working closely with HERE, will seek to make investments that also support the growth of the ecosystem around HERE’s mapping and location products and services. Nokia today announced plans to acquire Deepfield, the… Read More »

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5 Benefits of mergers and acquisitions

For many young startups, getting acquired by a bigger more established brand or merging with another startup is the ultimate exit strategy. Brands merge or acquire other brands for varied reasons. The underlying principle for mergers and acquisitions is simple: 1 + 1 = 3. In other words, the combination of two companies will be… Read More »

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Microsoft set to Acquire LinkedIn for $26.2 Billion

Microsoft is buying the professional networking website LinkedIn for $26.2 billion, making it the biggest acquisition the software giant has made up to date. Microsoft will pay $196 a share – a premium of almost 50% to Friday’s closing share price. The deal is Chief Executive Satya Nadella’s latest effort to revitalize Microsoft, which was… Read More »

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Alibaba pays $1 billion for a controlling stake in E-Commerce Startup Lazada

On Teusday, Chinese Internet giant Alibaba Group Holding Ltd. announced that it had acquired a controlling stake in Singapore e-commerce startup Lazada Group, its biggest overseas acquisition to date. The move will capitalize on growth in the populous Southeast Asia. The acquisition of Lazada—which sells everything from rice cookers to smartphones and operates e-commerce platforms… Read More »

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Microsoft acquires SwiftKey For $250M

Microsoft has London-based startup SwiftKey famed for their predictive keyboard mobile app in a deal worth an estimated $250 million. In a statement on the company’s blog, founders Jon Reynolds and Ben Medlock, wrote: ‘We’re excited to announce an important milestone on SwiftKey’s journey. The startup, which makes keyboard apps for Android and iOS devices acquired… Read More »

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Chinese Social-Shopping Startup Mogujie to set to acquire rival

One of China’s biggest fashion-focused e-commerce services Mogujie.com is taking over its chief competitor Meilishuo.com, to form a new company valued at roughly $2.5 billion, in the latest of a series of mergers among technology startups. Valued at about $1.7 billion in its latest fundraising round, Mogujie.com will effectively control Meilishuo.com, whose investors include Chinese… Read More »

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Apple Acquires artificial intelligence startup Emotient

Apple Inc. acquired the artificial intelligence startup Emotient that uses facial recognition to analyze people’s moods as they watch videos and other media. The move is seen by experts as an effort to improve Apple’s foothold on artificial intelligence. The technology giant confirmed the acquisition on Thursday without giving terms or describing its plans for… Read More »

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Apple Acquires Music Software Maker Camel Audio

Apple appears to have acquired popular music plug-in and effect maker Camel Audio, based on information found on corporate registry site Companies House. Camel Audio’s address has been updated to 100 New Bridge Street, which is Apple’s London address, and the company’s sole director is now listed as Apple lawyer Heather Joy Morrison, suggesting the… Read More »

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Metacloud to be Acquired by Cisco

Metacloud, a cloud service company in Pasadena, is to be acquired by networking giant Cisco Systems Inc. of San Jose. Terms of the acquisition were not disclosed. Metacloud employees will join Cisco’s cloud infrastructure and managed services department. Metacloud offers the widely used open-source platform called OpenStack, but it gives the option to host it… Read More »

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