Foxconn has been working on expanding over the last few years. The company broke into the display business a while back after taking over Sharp and now, Foxconn appears to be focussing on smart home and networking with the acquisition of Belkin, Linksys and Wemo. Today, Foxconn announced that it …
Read More »Qualcomm rejects Broadcom’s ‘final’ takeover offer
Back in November, Qualcomm found itself in the sights of Broadcom, receiving a massive $130 billion takeover offer. At the time, Qualcomm rejected the bid, stating that the amount offered did not truly represent the value of the company. Rumors of a hostile takeover brewed in the months that followed, …
Read More »Apple’s Shazam acquisition hits a roadblock as EU investigation gets underway
It looks like Apple's plan to acquire Shazam for as much as $400 million has hit a roadblock. This week, the European Commission announced plans to investigate the acquisition deal over fears that it could negatively impact competition. Multiple countries, including Spain, Austria, France and Iceland requested that the EU …
Read More »Wild Microsoft acquisition rumours circulate
It is a well known fact at this point that Microsoft is struggling when it comes to delivering first-party content for PC and Xbox. With that in mind, it wouldn't be crazy to think that the company would be looking into buying out other studios. Several big names have been thrown around this week, with the rumor mill pointing towards PUBG Corp, EA and perhaps the most unlikely, Valve.
Read More »Google’s $1.1 billion HTC acquisition deal has officially closed
Back in September, we learned that Google would be acquiring HTC's smartphone team for $1.1 billion. The deal gave HTC the cash to stay afloat after a slew of financial setbacks, meanwhile Google would receive a fifth of HTC's workforce to bolster its own smartphone efforts. Deals like this always …
Read More »EA is acquiring Respawn Entertainment for more than $400 million
In a not so surprising move, today EA announced that it would be acquiring Respawn Entertainment, the studio behind Titanfall and an upcoming Star Wars game. Since its inception, Respawn has partnered with EA as its publisher but now with this $450 million deal, Respawn will officially be part of …
Read More »Corsair confirms $525 million acquisition deal
Last week, we began hearing whispers of a potential Corsair buyout, with sources coming forward to claim that a company known as ‘EagleTree' was looking to acquire Corsair for as much as $500 million. Today, the acquisition was confirmed, with EagleTree Capital buying up a majority stake in the company …
Read More »Corsair might be acquired for more than $500 million
It looks like Corsair could soon be under new ownership according to reports this week. It turns out that at least two sources familiar with the matter have come forward to claim that equity firm, EagleTree, is looking to acquire Corsair for more than $500 million. Corsair is one of …
Read More »Intel is buying Mobileye’s self-driving car firm for $15 billion
Following a slew of rumours published on the web earlier this morning, Intel has confirmed its plans to acquire Mobileye, a company that specialises in self-driving cars and has teamed up with the likes of Tesla and BMW in the past. The Israeli firm will be bought in a deal currently …
Read More »Caseking Group expands with acquisition of GlobalData
This week, Caseking Group announced that it has acquired GlobalData, the ‘go-to' shop for hardware enthusiasts in Portugal, expanding the group's reach across Europe. The Caseking Group already consists of some other well known retailers, including Caseking itself, Overclockers UK, Kellytech (Hungary) and now GlobalData is joining the ranks, expanding reach …
Read More »Samsung spends $8 billion on U.S. connected car expert, Harman
Harman, one of the world's leading companies in the field of connected car and audio systems, has been purchased by Samsung. The deal was announced in the early hours of this morning and will see the South Korean technology firm spend as much as $8 billion on the acquisition. It …
Read More »Twitch is swallowing up the entire Curse brand
Amazon owned Twitch is looking to expand its reach in the gaming world, with the acquisition of Curse, a brand of websites, multimedia channels and applications. This gives Twitch control of a number of popular websites, which together bring in over 30 million visitors a month – giving it excellent …
Read More »Japanese firm Softbank, will purchase ARM for £24 billion
One of the biggest technological deals in the UK's history is set to take place later this year, after it was agreed that Japanese telecoms company, Softbank, will purchase ARM Holdings for £24.3 billion. Although it still needs shareholder approval, the buyout would overvalue stock by more than 43 percent. …
Read More »Western Digital officially completes SanDisk acquisition
It has been quite some time since we first heard that Western Digital would be acquiring SanDisk but now, WD has officially completed its purchase following on from regulator approval last week. This buyout was announced all the way back in October 2015 in a deal worth close to $19 …
Read More »Foxconn team ‘went berserk’ after finding Sharp liabilities
Yesterday it was brought to light that Sharp may be in a bigger financial mess than previously thought, which has now, in turn, caused Foxconn to reconsider its acquisition of the display making company. Plans for Foxconn to acquire Sharp have been in the making for some time but it …
Read More »Foxconn puts Sharp buyout on hold to investigate future financial risk
Last month reports surfaced suggesting that Foxconn was in talks to acquire the display maker, Sharp. This acquisition would open up some additional doors with Apple, allowing the iPhone assembly factory to also supply displays for the phone. However, the acquisition deal has apparently been put on hold as new …
Read More »Microsoft set to buy SwiftKey for around $250 million
SwiftKey, one of the most popular third-party keyboard apps for both Android and iOS smartphones, is set to be acquired by Microsoft the company has confirmed. Reports currently put the buyout figure at around $250 million, this acquisition would also mean that future Windows smartphones could come with SwiftKey pre-installed. …
Read More »Sony confirms plans to acquire Toshiba image sensor business
Earlier this week, we got wind of talks taking place between Toshiba and Sony. Now, Sony has confirmed that it is planning to buy out Toshiba's image sensor business, which will in turn boost its production capabilities. Right now, terms are still being negotiated but we do know that Toshiba's …
Read More »Toshiba may sell its image sensor business to Sony
Toshiba is apparently in advanced talks to sell its image sensor business to Sony for as much as $165 million. This comes just a few weeks after we learned that Sony also acquired sensor start-up company, SoftKinetic. So far, this news is coming from multiple sources, ranging from Japanese newpaper, …
Read More »Western Digital is buying SanDisk for $19 billion
Just after yesterday's news regarding Western Digital's talks to buy memory chip maker, SanDisk, the acquisition has been announced. WD will be taking over SanDisk for $19 billion, or $86.50 per share. The news was confirmed by Western Digital itself in a hefty press release posted online today. This acquisition …
Read More »Western Digital is in ‘advanced talks’ to buy SanDisk
It seems that Western Digital is in advanced talks with SanDisk regarding an acquisition. The two storage device makers could reach a deal pretty soon as well, with sources familiar with the matter claiming that everything could be official by the end of the week. Right now, Western Digital is said …
Read More »SanDisk and Toshiba could be bought by government owned Tsinghua Unigroup
It looks like SanDisk and Toshiba could both be targets of a take over by the Chinese state-owned Tsinghua Unigroup, according to industry sources. SanDisk and Toshiba currently jointly create NAND flash technology, though each company currently sits on shaky ground as far as financials are concerned. In addition to …
Read More »Microsoft has acquired the Havok physics engine from Intel
Microsoft has revealed that it has completed its acquisition of the Havok Physics engine and animation software from Intel. You will likely recognize the Havok logo from many games, the engine has been used in more than six hundred titles over the years and now it is in Microsoft's hands. Recent …
Read More »AMD’s talks with private equity firm Silver Lake stalled – report
The discussions between Advanced Micro Devices and private equity firm Silver Lake Partners have stalled because the two companies have failed to agree on the price and the future of AMD. The chip designer is reportedly considering other options. Silver Lake was interested to acquire a 25 per cent stake …
Read More »BlackBerry is buying out a competitor for $425 million
It turns out that despite its descending place in the smartphone market, BlackBerry still has enough cash left over to acquire other companies. This week, BlackBerry announced that it is buying out Good Technology, a company that has been competing with BlackBerry for quite some time. Good Technology focussed on …
Read More »Chief executive of Acer denies plans to merge with Asustek
For the second time in two years, chief executive officer of Acer Group denies plans to merge with Asustek Computer in a bid to create one of the world’s largest technology companies. Last month the founder of Acer said sarcastically that he would welcome a buyout of the company by …
Read More »Allwinner could merge with Rockchip to create another major Chinese chip designer
Allwinner Technology, the company primarily known for its ultra-cheap application processors for entry-level smartphones and tablets, may become a major chip design house in China, if it acquires Rockchip Electronics using money provided by the Chinese government. Last year the government of China announced intention to invest about a trillion …
Read More »Microsoft might be interested in buying AMD, according to source
In a bid to revive its chip design operations, Microsoft Corp. may acquire Advanced Micro Devices, according to a source familiar with the matter. The software giant approached AMD several months ago, the source indicated. The result of the talks is unclear. Microsoft Corp. has been selling game consoles for …
Read More »AOL is now a part of Verizon
Update: Just over a month ago, Verizon revealed that it was set to acquire AOL. Now the acquisition has been completed with AOL becoming a part of Verizon officially today. The company was bought for $4.4 billion and from the sounds of it, Verizon aims to use the company to …
Read More »Former Nokia CEO is leaving Microsoft
Last year, Microsoft officially acquired Nokia, the company's mobile division swiftly merged with Microsoft and quite a few key employees stayed on. However, now around a year later, Nokia's former CEO, Stephen Elop, is leaving Microsoft, alongside a few other key members of the Nokia mobile team as Microsoft re-organizes its …
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