Blackboard, the maker of learning and education software for enterprises and schools, announced Friday that it is being acquired by a group of investors led by Providence Equity Partners, a private equity firm that specializes in media, entertainment, communications and information investments. Providence has also invested in several for-profit educational companies, like Education Management… → Read More
Word has been circulating for weeks now that Twitter was soon to be swooping up the popular third-party app, TweetDeck. In early May, Mike Arrington reported that the deal was as good as done, but the two companies were not yet willing to publicly release the numbers. Today, CNN and CNET broke the news that TweetDeck has been acquired by Twitter for $40 million. Twitter has yet to officially… → Read More
Toshiba — the diversified tech company best known for its consumer electronics, lighting and HVAC systems — is coming after the smart grid market in Europe and the U.S. with the acquisition of a Swiss smart grid tech firm, Landis+Gyr. Toshiba announced a commitment to acquire Landis+Gyr for $2.3 billion today.
The company makes power distribution, metering and smart home software and systems… → Read More
Consumer and business uptake of cloud computing, mobile internet voice, video and real-time data are increasing energy demand dramatically among data centers, telecom and IT service providers. Anticipating the trend will continue for quite some time, General Electric (GE) today announced its plan to acquire Lineage Power Holdings from Los Angeles private equity firm, Gores Group, for $520… → Read More
Smith Electric Vehicles U.S. (SEV) and the Tanfield Group announced today that the American maker of all-electric trucks will purchase its United Kingdom-based parent company, Smith Electric Vehicles U.K. for $15 million in January.
General Electric (GE) — one of the world’s largest, corporate cleantech investors and acquirers of cleantech companies — today announced its acquisition of Opal Software, which designs software and provides engineering services that help electricity, gas and water utilities run their operations and networks faster, and more productively.
Opal’s specialty is in data migration and SCADA… → Read More
Sanyo is the largest lithium-ion rechargeable battery producer and 11th-largest solar cell producer in the world with a quickly-growing solar panel manufacturing arm according to company statements. → Read More
Although Kayak has lots of cash in the bank and is a major player in the US, it is still not well known in Europe, hence its need to make an incursion here. Financial terms of the acquisition have not been disclosed but we hear on the grapevine that T-Venture and Deutsche Telekom were “very happy… → Read More
Italian internet giant Dada.net has acquired 51% of the assets of online gaming startup Fueps in a deal worth €1.36 Millions. Fueps launched in 2008 and grossed over €600k while total ebitda was €750,000 in the red. Seems more of a rescue than an acquisition to me. Dada decided to take over the 51% stake of the company that belonged to RCS Digital. The other 49% is owned by Digital Bros… → Read More
There is one glaring detail that everyone who reported on the Microsoft-Powerset acquisition has failed to mention: Powerset is a Unix based company. All of its core components – its applications, its packaging system, and its continuous integration system – were designed and written to run on a Unix platform. As a large software company, Microsoft is a big supporter of its own… → Read More
Following up on reports that it was angling for an acquisition of Sprint Nextel, South Korean carrier SK Telecom reportedly said in a regulatory filing that, while its looking into business opportunities in the U.S. (including its recently announced deal with Helio) it really isn’t after a controlling stake in a U.S. carrier. Earlier this week, rumors were circulating that SK Telecom was in… → Read More
Oh, how I shall miss Helio. In light of this morning’s long expected announcement that Virgin Mobile had purchased Helio, a Q&A has gone up to answer some of the more pressing questions. It’s all pretty straightforward: there will be no service interruption, new members are welcome, contracts are still valid, and they expect the Helio brand will eventually be dissolved. → Read More
…are what two newspapers are currently speculating. No official deal of any kind has been made yet but apparently Microsoft has started talking with Yahoo! about a possible acquisition. Wall Street seems to be pretty happy about the news, as Yahoo! shares jumped 14.6-percent and analysts say the move is crucial to beating Google. However, there’s a problem with the reporting here. → Read More
Breaking news, folks. Sun Microsystems, creators of hit products like Java and the Java Runtime Engine and Java 2, have acquired all the assets and intellectual property of SavaJe, which is some startup that made a Java-based OS for cellphones. The company is now out of business, hence why Sun was actually able to afford a purchase since, last I checked, Sun isn’t exactly rolling in cash. No… → Read More
, and a couple of private equity firms have entered the fray, and the rumors are that things will finish up this week. Nokia wants the Treo name recognition, and Motorola wants a decent foothold in the smartphone market (the Q is not that). Sadly, if one of these companies gets Palm, we see them absorbing our favorite smartphone maker instead of propping it up. That’s why we, like Palm… → Read More