Yahoo considering acquiring social media properties!
Yahoo might be struggling to compete against Google and Microsoft but they are still looking for good deals in the market.
Yahoo CTO Ari Balogh said in a statement at the Reuters Global Technology Summit: “It’s a good time to be buying now.”
He added: “I can guarantee you there will [...]
WP.com now owned by Automattic
Automattic continues to make small new acquisitions to further boost their offerings.
They have now acquired the domain name WP.com from Yahoo.
They are currently redirecting WP.com to WordPress.com.
The developers behind the popular blogging platform are now looking for suggestions from their users for what to do with this brand new [...]
Western Digital acquires SiliconSystems for solid state drive technology
Western Digital has announced that they are acquiring solid-state drive maker SiliconSystems for $65 million.
This deal would help Western Digital expand their product offerings.
SiliconSystems was established in 2002 and they specialize in manufacturing SSD products for communications, industrial, embedded systems, medical, military, and aerospace applications.
Western Digital [...]
Websense has acquired Defensio
Web security service provider Websense has announced that they are acquiring Defensio.
Defensio is one of the few challengers of Akismet which provides blog spam protection services.
The financial aspects of this deal have not been revealed.
Websense said in its statement that they would now integrate Defensio into its ThreatSeeker Network.
They [...]
AVG Technologies acquiring Sana Security
Antivirus company AVG Technologies has announced that they are now acquiring Sana Security.
Sana Security specializes in providing identity fraud prevention software products.
The two companies did not disclose the financial aspects of the acquisition deal.
Sana Security headquarters located in Redwood City would now operate as AVG’s office in the region.
This [...]
Google blocked from acquiring ZAO Begun
US based online advertising industry giant Google had announced earlier this year that they were planning to acquire ad service ZAO Begun from Russian company Rambler Media.
However, the deal has been blocked by the Russian authorities.
The deal was worth around USD 140 million and would have given Google a [...]
Best Buy acquiring Napster!
This is somewhat surprising… Best Buy has announced that they are now acquiring Napster.
Napster as we all know started the online music delivery revolution. It used to be popular for pirated music files but is now a legitimate online media store.
Best Buy said that they are going to pay nearly $127 million [...]
Twitter Search: Twitter acquires Summize
Micro blogging service Twitter has announced that they have acquired Summize.
The financial details have not been released.
Summize is a search engine service which caters to Twitter users.
With this, Twitter finally has search which is powered by Summize technology.
Twitter said that they had been talking with Summize since last couple of weeks [...]
Fabric.com acquired by Amazon.com
Online retailing giant Amazon has announced that they have now acquired online fabric store Fabric.com.
This acquisition would help the company to expand their offering in the craft and hobby segment.
The two companies did not disclose the financial aspects of this deal.
Chris Nielsen, VP of Amazon’s home & garden store spoke about this [...]
CBS acquiring CNet Networks
Media company CBS has announced that they are now acquiring online media giant CNet Networks.
The deal is worth around $1.8 billion and would be conducted in a cash only transaction.
CBS said that this acquisition would help them expand their presence online.
The deal puts the value of the share of CNet at [...]
