acquisition

  • Google is acquiring data science community Kaggle

    Google is acquiring data science community Kaggle

    Sources tell us that Google is acquiring Kaggle, a platform that hosts data science and machine learning competitions. Details about the transaction remain somewhat vague, but given that Google is hosting its Cloud Next conference in San Francisco this week, the official announcement could come as early as tomorrow. Reached by phone, Kaggle co-founder CEO Anthony Goldbloom declined to… Read More

  • Airbnb finalizes deal to buy social payments startup Tilt

    Airbnb finalizes deal to buy social payments startup Tilt

    Airbnb has finalized its deal to buy social payments startup Tilt, TechCrunch has confirmed. We reported on the acquisition talks last month, but now everything has been made official. We are told that investors will be getting back about $12 million in cash, but the deal value is tens of millions of dollars higher if you include employee retention packages, which were paid for in cash… Read More

  • Stratoscale acquires database-as-a-service company Tesora

    Stratoscale acquires database-as-a-service company Tesora

    Stratoscale, a startup that gives enterprises AWS-compatible environments inside their data centers, has acquired Tesora, a database-as-a-service company that runs on top of the OpenStack platform and that allows its customers to choose between 16 of the most popular databases. Both companies declined to discuss the financial details of the acquisition. According to Crunchbase, Tesora had raised… Read More

  • Why the $3.7 billion AppDynamics acquisition happened right before IPO

    Why the $3.7 billion AppDynamics acquisition happened right before IPO

    Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when it learned that Cisco was interested in discussing a potential deal. Preliminary talks were abandoned in November, but the discussion just picked up again last week. The deal was announced today and the IPO was slated to price tomorrow. Although many companies seek… Read More

  • HPE acquires SimpliVity for $650M in cash

    HPE acquires SimpliVity for $650M in cash

    HPE today announced that it has acquired data management platform SimpliVity for $650 million in cash. SimpliVity is one of the many companies in this space focused on what is often called “hyperconverged infrastructure.” That sounds like somebody’s buzzword — and it definitely is — but the core idea is pretty sound: hyperconverged systems combine compute… Read More

  • RadPad gets acquired by LandlordStation after nearly shutting down

    RadPad gets acquired by LandlordStation after nearly shutting down

    Layoffs and an office auction sparked rumors that home rental startup RadPad was on its deathbed last year. After raising more than $12 million in funding, hefty legal fees from a “data scraping” lawsuit with Craigslist had put the LA-based startup nearly out of business. But TechCrunch has learned that RadPad has found itself a new home. Dallas-based LandlordStation has purchased… Read More

  • Atlassian acquires Trello for $425M

    Atlassian acquires Trello for $425M

    Atlassian today announced that it has acquired project management service Trello for $425 million. The vast majority of the transaction is in cash ($360 million), with the remainder being paid out in restricted shares and options. The acquisition is expected to close before March 31, 2017. This marks Atlassian’s 18th acquisition and, as Atlassian president Jay Simons noted when I talked… Read More

  • DJI acquires majority stake in Hasselblad, the iconic Swedish camera company

    DJI acquires majority stake in Hasselblad, the iconic Swedish camera company

    Last year DJI took a minority stake in Hasselblad, the iconic Swedish camera company. The companies also announced a partnership to work together on high-end camera drones that would combine DJI’s drone aerial technology with Hasselblad’s cameras. Now Luminous Landscape has reported, and multiple industry insiders have told TechCrunch, that DJI has acquired Hasselblad, not… Read More

  • Glu Mobile acquires QuizUp in deal valued at $7.5 million

    Glu Mobile acquires QuizUp in deal valued at $7.5 million

    The developers of popular celeb-themed games including Kim Kardashian: Hollywood and Nicki Minaj: The Empire, Glu Mobile, acquired Plain Vanilla Corp., and its mobile social trivia game QuizUp this week, according to an SEC filing. The deal was valued at $7.5 million, including forgiven debt, according to sources familiar with the deal. This is undoubtedly a disappointing fate for the… Read More

  • Yahoo shares tumble as investors fear Verizon acquisition trouble

    Yahoo shares tumble as investors fear Verizon acquisition trouble

    Yahoo shares tumbled 6% on Thursday as investors feared that the latest Yahoo hack could spell bad news for its sale to Verizon. This is the second major hack revelation in recent months and there’s speculation that Verizon could be spooked. Some are wondering if Verizon will ask for a discount on the $4.8 billion deal or scrap it altogether. TechCrunch is owned by Verizon, but we do… Read More

  • Pandora shares up 11% on acquisition report

    Pandora shares up 11% on acquisition report

    Internet radio pioneer Pandora, saw its shares jump over 11% on Friday to $12.77, amid renewed acquisition speculation. A report from CNBC indicated that Pandora and SiriusXM are expected to discuss a possible purchase. The story cautions that there is “no assurance” that Pandora will reach a deal with SiriusXM or any other prospective buyers. This isn’t the first time… Read More

  • Sprinklr acquires Little Bird, a tool for finding experts on anything via Twitter

    Sprinklr acquires Little Bird, a tool for finding experts on anything via Twitter

    New York marketing tech firm Sprinklr has acquired Portland-based Little Bird, according to Sprinklr founder and CEO Ragy Thomas. Little Bird was founded in 2011 to help researchers quickly find the top experts and influencers on any given subject via Twitter. It raised from Mark Cuban, Jason Calacanis, Oregon Angel Fund and other individual investors $4.8 million in venture capital to build… Read More

  • GE acquires Wise.io to deepen its machine learning stack

    GE acquires Wise.io to deepen its machine learning stack

    GE Digital today announced that it has acquired Wise.io, a machine-learning powered service that helps businesses find patterns and trends in their vast data stores. At first glance, that may seem like an odd acquisition for a company like GE. It’s important to keep in mind, though, that with Predix, GE already offers its customers a service that focuses on helping them monitor their… Read More

  • Confirmed: AT&T is buying Time Warner for $85.4B in cash and shares

    Confirmed: AT&T is buying Time Warner for $85.4B in cash and shares

    After days of speculation, the deal is now official: AT&T is acquiring Time Warner for $85 billion in a mix of cash and shares, paving the way for another behemoth in the converged media horizon. The final acquisition price will be $107.50 per share, paid in half cash and half AT&T stock. This means that for each outstanding share of Time Warner stock investors will receive $53.75… Read More

  • Verizon says Yahoo privacy breach had “material” impact 

    Verizon says Yahoo privacy breach had “material” impact 

    It looks like those 500 million hacked Yahoo accounts may affect its sale to Verizon (TechCrunch’s parent). At a company public policy round table in DC this afternoon, Verizon general counsel Craig Silliman said: “I think we have a reasonable basis to believe right now that the impact is material and we’re looking to Yahoo to demonstrate to us the full impact. If they… Read More

  • Report: Verizon wants $1 billion discount after Yahoo privacy concerns

    Report: Verizon wants $1 billion discount after Yahoo privacy concerns

    It’s bad news for Yahoo. The company is in the midst of finalizing its sale to Verizon, but recent revelations about hacking and spying may be costing them a pretty penny. A story from the New York Post alleges that Verizon is now asking Yahoo for a hefty $1 billion discount to finalize what was supposed to be a $4.8 billion deal. (Full disclosure: TechCrunch is owned by Verizon… Read More

  • Rackspace to go private after $4.3B acquisition by private equity firm Apollo

    Rackspace to go private after $4.3B acquisition by private equity firm Apollo

    Rackspace, which is still best known as a hosting company even as it has expanded aggressively into offering services for businesses that use other platforms, went public in 2008. Now, however, it’s going private again after accepting a $4.3 billion offer (or $32 per share) in cash from private equity firm Apollo Global Management. The deal is still subject to regulatory approval and… Read More

  • LaunchKit team heads to Google and open-sources its tools for helping devs launch their apps

    LaunchKit team heads to Google and open-sources its tools for helping devs launch their apps

    The team behind LaunchKit, a set of tools that helps developers launch their apps, is heading to Google and joining the Developer Product Group. It doesn’t look like LaunchKit’s products are moving over to Google, so the team decided to open-source its products and make them available on GitHub. LaunchKit’s hosted services will be available for the next 12 months. After… Read More

  • Expedia acquires travel photography community Trover

    Expedia acquires travel photography community Trover

    Online travel agency Expedia has acquired Trover, an app and website where people share their travel photos. The terms of the deal were not disclosed. “At Expedia, it’s fair to say we believe in the power of travel,” an Expedia spokesperson wrote in an email to TechCrunch. “It can transform people. So an important part of our job is to inspire travelers. One way we… Read More

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