buyout
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Sega Acquires Angry Birds Developer For $776 Million
SEGA has acquired Finnish Rovio Entertainment, behind the popular Angry Birds mobile games for a total of $776 million. Rovio Acquired by Sega Japan Sega Sammy Holdings INC has officially signed a deal to fully acquire the Finnish development studio Rovio Entertainment for a total of $776 million. Rovio are…
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SEC Subpoena Tesla Over Elon Musk Buyout Claims
SEC Subpoena Tesla Over Elon Musk Buyout Claims Last week Elon Musk made a rather explosive claim. Ok, this isn’t new, but this one particularly managed to get the attention of a lot of people. In a simple 9 word Twitter Post, Elon Musk indicated that he was looking into…
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Elon Musk Says Tesla Buy-Out Is Saudi Funded
Elon Musk Says Tesla Buy-Out Is Saudi Funded Last week Elon Musk made the surprise announcement that he planned to take Tesla private. By this, he intended (with the help of investors) to buy enough of the company shared to force the compulsory purchase of the rest and remove Tesla from…
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Western Digital Just Bought SanDisk
Western Digital is one of the leading factors in traditional storage, both for consumers and enterprises alike, but a lot of the future will be in solid state drives and they naturally don’t want to be left out of that race. Western Digital isn’t entirely new to the solid state…
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EA to Buy CD Projekt RED?
I feel a great disturbance in the Force, as if millions of gamers suddenly cried out in terror: Electronic Arts are rumoured to be negotiating a deal with The Witcher 3: Wild Hunt creators CD Projekt RED that could see the industry giant enter into a publishing deal with, or…
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GameStop Is Buying ThinkGeek
Last week it was reported that the retailer Hot Topic had bought ThinkGeek and the deal seemed to be in place – and it was, but GameStop really wanted the nerdy internet shop ThinkGeek. The reason why ThinkGeek went back on their deal with Hot Topic and went with GameStop…
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Intel Agrees $16.7 Billion Purchase of Altera Corp
Chip giant Intel has agreed a deal to buy PLD (programmable logic device) manufacturer Altera for $16.7 billion, consolidating the company’s presence in data centres. Intel will pay $54 a share, all-cash, for Altera at a premium of 11% over its closing share price on Friday. The Intel/Altera merger comes…
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Microsoft Stop Talks to buy Salesforce
Anyone keeping an eagle eye on the stock exchange in recent weeks would have noticed a spike in the share prices of Salesforce.com. This stemmed from reports from Bloomberg that an unspecified company was in talks to buy the company. Earlier this month a similar event happened, but this was…
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AMD Is Not up for Sale!
There are currently rumours going around the China’s BLX IC Design Corp is interested in buying up AMD, causing AMD’s shares to surged more than 5 percent on Monday due to this. We all know that it isn’t going as good for AMD as it could, but is it really that…
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Microsoft Rumoured to be Buying the Makers of Minecraft for a Substantial Amount
Reports are swirling that Microsoft is in the final stages of buying Mojang AB; the makers of the extremely popular Minecraft video game. According to the Wall Street Journal, the buyout would value Mojang at over $2 billion US – and the deal could be signed on the dotted line between…
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Sony Rumoured To Be Interested In Acquiring Crytek
Crytek’s situation has gone from bad to worse quite quickly over the past few months. In the UK Crytek have laid-off staff, its employees have gone on strike and just today it was revealed 100 Crytek staff handed in grievance letters before departing the company. In other Crytek offices, such as…
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Lenovo Still Expects to Close Purchase of IBM Server Unit By End of 2014
Despite the United States government currently investigating Lenovo’s attempted acquisition of IBM’s x86 low-end server unit, Lenovo executives believe the deal should be completed by the end of 2014. Analysts expect the deal to finally be approved, but political tensions between Washington and Beijing have been strained due to cyberespionage accusations…
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Microsoft Buy Nokia’s Mobile Handset Business For $7.2 Billion
The BBC reports that the deal between Nokia and Microsoft has been finalised. The deal sees Microsoft buy Nokia’s mobile handset business for $7.2 billion. As part of the deal Nokia will license its patents and mapping services to Microsoft. The deal will happen in early 2014 when 32,000 Nokia…
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Tumblr’s Bank Account Had Just $16 Million When Yahoo Took Over
Softpedia reports that Tumblr was “extremely poor” before the Yahoo takeover took place. Tumblr had just $16 million in the bank before the takeover, which is relatively low for such a large social media company. With such a low balance Tumblr were almost forced to sell as the lack of…
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Yahoo Buys Another Company – “Rockmelt” – Shuts It Down Straight Away
Since Marissa Mayer took over as CEO of Yahoo the company has been actively involved in purchasing many other companies and start-ups to increase their portfolio. The most notable of those is Tumblr but the latest addition to the Yahoo family is Rockmelt. Rockmelt are a company who developed a…
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