Facebook Connect Twitter Connect RSS Feeds
  • Brands
  • Search
  • Contact

Articles tagged with: acquire

Dell Moving Towards Data Center Networking

Dell is expanding its expertise from Computer Making to Data Servers, Networking and Storage Technology. Dell has recently acquired a networking service provider Force 10 Networks, which would now make Dell a Network Service Provider too.

Force 10 Networks is a leading Private Company which provides Ethernet based network solutions. Force 10 made many Award-Winning Ethernet switching and routing products. Force 10 was acquired by Dell recently, but the financial details of the acquisition are unknown.

Twitter Acquires Social Startup, Backtype

Twitter announced today that it has acquired a San Francisco startup called Backtype. The company helps publishers measure the impact of their social media use, and although the deal is quite interesting, financial details were not mentioned.

Twitter states that the acquisition would help them create tools for their publishing partners. Fortunately for BackType, they will not have to relocate further than an in-city move, as both companies are based in San Francisco.

Apple Takes Another Step In Cloud Direction

After our recent blog about Apple’s upcoming cloud service, we have new information that Apple has made a purchase in the Cloud industry. Apple has purchased iCloud for $4.5 million which could be an excellent foreshadowing of future success. Although it has not been officially confirmed by Apple, GigaOM reports that Xcerion may have sold the iCloud.com domain.

If AT&T Merger Goes Thru: T-Mobile 4G Will Be Demolished

AT&T is playing a clever game of words in efforts to have its T-Mobile acquisition pass the FCC. AT&T is promising that T-Mobile customers will get to keep their low rates and existing phones. Doesn’t that sound great? Well, don’t get too excited yet. AT&T plans on demolishing T-Mobile’s blazing fast 4G coverage and creating their own technology that will be incompatible with current T-Mobile phones *and* plans for that matter.

AT&T is hoping that the FCC will not catch this technicality, to ensure a smooth acquisition of T-Mobile. If the deal does go through, we will have two very large wireless carriers (AT&T and Verizon) and little ol’ Sprint tagging along.

Groupon Buys Pelago, Gaining Firm Grasp on “Social”

Groupon, the popular “deals” website has recently acquired the creators of Whrrl, a company called Pelago. Pelago was founded in 2006 in Seattle and is best known for its location based services app for the iPhone, Android, and Blackberry. The app is called Whrrl and works like Foursquare, aiming to get people to explore their neighborhood and recommend their favorite places to friends and family. Groupon was founded just two years ago in Chicago and has since then expanded to more than 40 countries around the world, carrying a powerful user base of over 35 million.

Wal Mart Acquires Kosmix For Social Initiatives

In a time of buyouts, Wal-Mart is buying Kosmix, a social media company that is based in the heart of silicon valley, Mountain View, California. Although Wal-Mart did not mention specifics of the agreement, they did say that the acquisition will be instrumental in rolling out new social and mobile initiatives.

Wal-Mart continued in saying that the @WalmartLabs team will work hard on building its social and mobile commerce strategy in efforts to keep its online and in-store avenues in tact. I believe this is a necessary move for Wal-Mart, a corporation that now has physical stores in 15 countries and e-commerce businesses in nine countries.

eBay Acquires GSI Commerce:No More Sports Gear

According to their press release, eBay Inc. has announced today that it will acquire GSI Commerce, a leading provider of e-commerce and interactive marketing services, for 2.4 billion dollars. The deal is expected to close by Q3 of 2011. GSI commerce is being offered around 50% higher than their normal closing price. John Donahoe, CEO of eBay said “We intend to lead the next generation of commerce innovation. The acquisition of GSI, offers the most comprehensive integrated suite of online commerce and interactive marketing services available [and] will significantly strengthen our ability to connect buyers and sellers worldwide…Combined with eBay Marketplaces and Paypal, we believe GSI will enhance our position as the leading strategic global commerce partner of choice for retailers and brands of all sizes.” As part of the deal, eBay will demolish…

Microsoft Splurges To Remain On Top

Microsoft has spent 7.5 million dollars to remain competitive in the Internet Protocol industry. The seven and a half million dollars covers 666,624 IPv4 addresses. Although we were supposed to have transitioned to IPv6 addresses by now, Microsoft has taken sharp notice of the IPv6 delay and realizes that IPv4 addresses are becoming scarce. For those who need a quick refresher on internet protocols, IPv4 stands for Internet Protocol version 4 and is the fourth revision in Internet Protocol development, also the first to be…

Walgreen Buys Drugstore.com For $409 Million In Cash

Walgreens was founded in 1901 by Charles Walgreen Sr. Walgreen purchased the Chicago drugstore where he had worked as a pharmacist. His ambition fueled the start of the drugstore chain and has expanded since. About 100 years later, Walgreens opened it’s 3,000th store. Walgreens was also the first drugstore chain to offer prescription labels in multiple languages, across the nation. Today, you can pick up your prescription in any one of 14 different languages.

The well known drugstore has announced this morning that they will buy the online retailer Drugstore.com for 409 million dollars in cash. Those who previously had stock in Drugstore.com…