mergers
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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
What hostile takeovers are (and why they’re usually doomed)
Thanks to the machinations of a certain billionaire, the phrase “hostile takeover” has been liberally bandied about the media sphere recently. But while it long ago entered the mainstream
Liberty’s Virgin Media and Telefonica’s O2 to merge in the UK in $39B deal
The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the ide
Spark Networks SE closes its $258M acquisition of dating brand Zoosk
Berlin-based Spark Networks, the owner of niche dating app brands like Christian Mingle, Jdate, LDSsingles, Silver Singles, JSwipe and others, today announced it has acquired Match.com competitor Zoos
Pandora-powered channels will come to SiriusXM’s app this year
SiriusXM this week offered a few more details on how it plans to leverage its newest asset, Pandora, following its $3.5 billion acquisition of the streaming music service last year, which officially c
Microsoft’s $7.5BN GitHub buy gets green-lit by EU regulators
Microsoft’s planned acquisition of Git-based code sharing and collaboration service, GitHub, has been given an unconditional greenlight from European Union regulators. The software giant announc
Cloudera and Hortonworks announce $5.2 billion merger
Over the years, Hadoop, the once high-flying open-source platform, gave rise to many companies and an ecosystem of vendors emerged. It was long believed that some major companies would emerge from the
Salesforce is reportedly in talks to acquire Mulesoft and the stock is going nuts
After previously investing in Mulesoft, it looks like Salesforce may finish off the deal and is in advanced talks to acquire the data management software provider altogether, according to a report fr
Sprint could sell pieces to Comcast and Charter before attempting T-Mobile merger
T-Mobile and Sprint have been in merger talks for a long while now, but the latter may be attempting to jockey for position by allying itself with Charter and Comcast. Sprint would likely be selling a
Why haven’t there been more unicorn mergers?
Last year was a massive year for mergers, with industry giants like Dell and Aol finally closing deals that were large enough to make 2015 a record-breaking year. Predictions mostly held that 2016 wou
HP to merge printers and PC to bolster both
<img src="http://www.crunchgear.com/wp-content/uploads/2009/09/hp_logo.jpg" />HP's printer division, long a cash cow, is being folded into its PC division after sales of printers and ink fell this yea
Panasonic throwing more yen at Sanyo
Panasonic is trying to sweeten the deal on the Sanyo buyout offer it proposed back in November 7th by offering ¥140 per share instead of ¥130. They must really want to settle this. In order to compl
Panasonic making a bid for Sanyo – but why?
Panasonic is looking to lay out more than $5 billion to take a controlling stake in Sanyo. What does the consumer tech giant see in the smaller, less successful company? Diversification. Panasonic has
Samsung: fine then, SanDisk! Be like that! Never mind on that offer to buy you
Oh, these multi-billion dollar companies and their flings! I thought they would have made such a cute match, too. Actually, probably not, but still. Was Samsung’s game just not good enough? Was
Best Buy to acquire Napster
Best Buy will be acquiring Napster for around $121 million as the two companies have announced they’ve “entered into a definitive merger agreement” for Best Buy to scoop up all of Napster’s ou
Activision Blizzard: Done and done
Random Blizzard fan art Activision Blizzard is now really really real. Let’s all celebrate with some non-alcoholic beer and unsalted pretzels. Yeah, so the merger was approved earlier in the wee
Oh hello there, Activision Blizzard
Tada, Activision Blizzard! Yup, the merger between Activision, publisher of Call of Duty 4, and Vivendi Games, which owns World of Warcraft and Diablo creator Blizzard, has been approved by both compa
EA-Take 2 merger passes important FTC hurdle, Take 2 still playing shy
EA still wants to buy Take 2, it’s true, and Take 2 is still playing shy. That, even though EA’s offer of $25.74 per share is now more than what Take 2 is currently trading at, $24.47. But
XM, Sirius will have positive cash flow next year (if they merge!)
We’ll all be dead before XM and Sirius merge, but the two companies would like the whole wide world (or whoever reads PR Newswire) to know how they think they’ll end up financially once th
SanDisk buys MusicGremlin
Remember MusicGremlin? The WiFi based music player? No? Well, SanDisk bought them for an undisclosed sum. Full release follows.