Fossil recently launched its first line of smart wearable products including activity trackers, a watch that can alert you to notifications from your smartphone, and an upcoming smartwatch. But it looks like the company is taking another big step into the smart gadget space: Fossil is acquiring Misfit, maker of the Misfit Shine and Flash lines […]
Tag: acquisition
Dell to acquire data storage company EMC for $67 billion
Dell may be best known as a business that makes PCs for home and business use. But the company also has a strong server business, and now Dell is making a big play for the enterprise market. Dell has announced plans to acquire EMC Corporation in a deal worth $67 billion. EMC is best known… well, […]
Intel to acquire chip maker Altera for $16.7 billion
Semiconductor companies must be in season. A few days after chip maker Avago announced plans to acquire Broadcom for $37 billion, Intel has announced a deal to acquire chip maker Altera for $16.7 billion. Both of these deals come just a few months after NXP bought Freescale. Intel is probably the biggest name in chips […]
Verizon to buy AOL, bringing two of America’s best-loved brands together
The largest wireless carrier in the US has announced plans to buy one of the biggest internet portals… or rather, the company that was one of the biggest internet portals in the 90s. Verizon plans to buy AOL for $4.4 billion. AOL has actually changed quite a bit over the past 20 years. The company […]
Microsoft acquires popular Android and iOS calendar app Sunrise
Microsoft has officially acquired Sunrise Atelier, the company that created the popular Android, iOS, and web-based calendar app Sunrise. The announcement was made public via YouTube, but the video has since been reset as private. Rumors had been swirling last week that Microsoft had plans to purchase the popular calendar app maker for $100 million. […]
Report: Samsung wants to buy BlackBerry
A lot of folks have been suggesting that the only way BlackBerry could save itself would be to start selling phones that run Google Android rather than BlackBerry OS. But if there’s any truth to a new report from Reuters, maybe future BlackBerry phones will run Tizen instead. According Reuters’s sources, Samsung wants to buy […]
Nokia to become a Microsoft company in April
Microsoft’s acquisition of smartphone maker Nokia is set to become final in April, 2014. That’s a little later than the Q1, 2014 estimate the companies proposed when Microsoft agreed to acquire Nokia for over $7 billion last year. But what’s a month or so between multi-billion dollar companies? In a statement, Microsoft says that the […]
Lenovo to buy Motorola from Google
Less than two years after Google acquired Motorola Mobility for nearly $13 billion, the company is selling Motorola to Lenovo for just under $3 billion. Google says Lenovo is in a better position to move forward with Motorola’s hardware business, while Motorola says the move while Lenovo chairman Per Yang Yuanqing says the deal will combine the best […]
Microsoft plans to acquire Nokia’s phone business for over $7 billion
Microsoft plans to buy Nokia’s Devices & Services division in a deal worth nearly $7.2 billion. About two thirds of that money would buy the portion of Nokia’s business responsible for making Lumia and Asha smartphones, among other things. The rest pays licensing of intellectual property. The deal is expected to close in the first […]
Google to buy Motorola Mobility for $12.5 billion
Google has announced plans to acquire Motorola Mobility for $12.5 billion. The deal is expected to close by the end of the year or early 2012, and it would signal a major transition from Google. Right now the company is primarily known for software, while Motorola is a hardware maker. The two companies have been […]