Google has indeed acquired Gizmo5
Google has now confirmed that they have acquired VoIP solutions provider Gizmo5.
The search engine giant did not reveal any plans they have with this new acquisition.
Google did say that the development team at Gizmo5 has now joined the Google Voice team.
They would now work on enhancing [...]
Nokia acquires Dopplr
Mobile phone manufacturer Nokia continues to acquire more web services as they aim to expand into this market.
Nokia is already the world’s biggest mobile phone maker but they have been focusing a lot on generating revenues through mobile services.
Dopplr said in a blog post about the deal:
The acquisition does not [...]
Intuit To Acquire Mint!
TechCrunch has reported that as per their sources Intuit is going to acquire Mint which is a popular web based financial service.
The deal is said to be worth around USD 170 million and could be announced in the coming days.
The report said that the estimated market worth of the company [...]
Intel acquires RapidMind
US based microprocessor industry giant Intel has announced that they are now acquiring RapidMind which specializes in developing software that exploits the power of multi-core processors.
Intel said that they are now going to integrate their technologies into their own products and offerings.
Intel did not reveal the financial aspects of this [...]
Oracle acquisition of Sun Microsystems approved by Justice Department
Database industry giant Oracle has said that their acquisition of Sun Microsystems has now received the approval from the Justice Department in the USA.
They are now waiting for approval by the European Commission.
The acquisition deal has been facing issues because of the involvement of technologies [...]
MySpace confirms iLike deal!
TechCrunch was correct. MySpace is indeed acquiring music recommendation service iLike.
The social networking service would acquire this company which is very popular on their rival platform Facebook.
MySpace has not revealed the financial aspects of this acquisition deal.
iLike founders Ali and Hadi Partovi and Nat Brown would now join MySpace after [...]
EveryBlock: Acquired by MSNBC
EveryBlock have announced that they have been acquired by the news media giant MSNBC.com.
They have been operating since the last couple of years on funds provided by the Knight Foundation.
Those funds ended in June this year and they had been looking for alternate sources for the revenues required to keep their [...]
Nokia invests in Cellity
World’s leading mobile phone maker Nokia has announced that they are acquiring certain assets of Germany based start-up Cellity.
Cellity operates a mobile social networking service that is now scheduled to close in September.
The service has been operating in beta mode for months now.
Nokia has confirmed that they have no [...]
SourceForge acquires Ohloh
SourceForge has announced that they are now acquiring Ohloh.
SourceForge is known for hosting thousands of open source projects. They also operate news websites in addition to ecommerce networks.
Ohloh is a social network and directory for social network developers and projects.
The financial aspects of this acquisition deal have not been revealed to the [...]
Oracle acquires Sun Microsystems
Rumors in the market had claimed that IBM was in talks with Sun Microsystems. The talks reportedly did not materialize.
The latest news in the market is that Oracle has now announced their decision to acquire Sun Microsystems.
The deal is worth around $7.4-billion.
This would further strengthen Oracle as they compete [...]
