M&A

  • Snapchat acquires social map app Zenly for $250M to $350M

    Snapchat acquires social map app Zenly for $250M to $350M

    Snapchat’s newest feature, Snap Map, is based on its latest acquisition, social mapping startup Zenly. TechCrunch has learned that Snapchat has bought Zenly for between $250 million and $350 million in mostly cash and some stock in a deal that closed in late May. Snapchat will keep Zenly running independently, similar to how Facebook lets Instagram run independently. Read More

  • M&A
    Adobe acquires Mettle’s SkyBox tools to expand its VR video portfolio

    Adobe acquires Mettle’s SkyBox tools to expand its VR video portfolio

    Adobe today announced it has acquired all of Mettle’s SkyBox technologies and plug-ins for building transitions, titles and effects in VR applications and 360-degree videos. Mettle had made a name for itself over the last few years by providing these plug-ins for Adobe tools like Premiere Pro and After Effects, so the Adobe team was obviously aware of Mettle’s efforts in the area. Read More

  • M&A
    An Equity podcast shot: Unpacking the Amazon-Whole Foods deal

    An Equity podcast shot: Unpacking the Amazon-Whole Foods deal

    We’ve got an Equity Shot for you, an irregular extra hit from the Equity podcast crew. Today the big news is the potential Amazon-Whole Foods deal, which has led to rampant media speculation, depressed grocery stocks around the nation and allegations of intelligent corporate strategy. It’s the sort of day that forces you to sit back and re-cast your views of the technology world. Read More

  • Winners and losers in Amazon’s $13.7B purchase of Whole Foods

    Winners and losers in Amazon’s $13.7B purchase of Whole Foods

    Amazon is taking a huge bite out of the fresh food business with its bid for Whole Foods Market for $13.7 billion. But even though this is a deal between two companies, it’s not just the two of them being touched by it. The intersection between the food and tech industries has been playing out for years now, sprouting dozens of food startups; efforts from large tech companies to move… Read More

  • M&A
    14 wildly hot takes we need on this Whole Foods + Amazon thing

    14 wildly hot takes we need on this Whole Foods + Amazon thing

    Amazon just bought Whole Foods for $13.7 billion — which is a huge deal! This is one of the biggest deals of the year and is a big move for Amazon into grocery, a spot where it’s traditionally been extremely bad. It also means that Amazon is going to be a huge competitor with other retailers, starting the foodpocalpyse and sending other grocery stocks crashing. It’s probably… Read More

  • Other grocery stocks plummet as Amazon buys Whole Foods for $13.7B

    Other grocery stocks plummet as Amazon buys Whole Foods for $13.7B

    Amazon scared investors away from competing grocery stores today when it acquired Whole Foods for $13.7 billion. Wal-Mart, Target, Costco, Kroger, and more all saw their share prices sink dramatically. Amazon’s ecommerce empire, sophisticated trucking distribution network, advanced technology, and deep pockets could all help Whole Foods run circles around its old-fashioned rivals. As… Read More

  • Samsung quietly acquired VR app studio VRB

    Samsung quietly acquired VR app studio VRB

    Samsung has been bullish on virtual reality hardware, hoping that its early moves in headsets and devices to shoot content will give it a stronger position in the space as (and if!) it continues to expand to more applications and users. Now TechCrunch has learned that as part of that effort, it’s also made an acquisition. Samsung quietly bought a New York-based startup called VRB, which… Read More

  • M&A
    Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer resigns [Memo]

    Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer resigns [Memo]

    It’s now official. After Yahoo shareholder approval last week, Verizon today announced that it has finally closed its acquisition of Yahoo, which it plans to combine with its AOL assets into a subsidiary called Oath, covering some 50 media brands (including TechCrunch) and 1 billion people globally. It will be led by Tim Armstrong, who was the CEO of AOL before this. As expected… Read More

  • Postmates acqhires Secret CEO David Byttow’s startup Bold

    Postmates acqhires Secret CEO David Byttow’s startup Bold

    The founder of one of Silicon Valley’s most famous flameouts, anonymous social app Secret, is the new product lead for Postmates’ app. After Secret shut down and gave investors back their money, David Byttow went on to raise a $1 million seed round from Index to launch a blog publishing tool for enterprises called Bold. Today Bold was acqhired by Postmates, Byttow confirmed to… Read More