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Home » Archives by category » Business » Mergers & Acquisitions
Anderson Withdraw Bid for Books-A-Million
The Anderson family has withdrawn a non-binding bid for major book retailer Books-A-Million. The Andersons had been considering an offer for all outstanding publicly-held shares of the common stock of…
Rakuten to Acquire Kobo for US $315 million
Rakuten has move into the eReader marketplace with the announcement that it will acquire the Canadian spin-out company, Kobo for $315 million in cash. The Toronto based headquarters, management team…
Google Announces Acquisition of Motorola, Attacks Microsoft and Apple
US markets bounced on the news on Monday 15th August 2011 that Google is to acquire Motorola Mobility. Larry Page, CEO of Google, outlined how the complete adoption of Google’s…
Glu Mobile Inc. Acquires Griptonite Games and Blammo Games
Glu Mobile Inc. has acquired Griptonite Games and Blammo Games to augment its offerings of social games for handheld devices such as smartphones and tablets. The company has 200 employees…
GE Capital Acquires Credit Agricole Commercial Finance UK
GE Capital has acquired Credit Agricole Commercial Finance UK – formerly known as Eurofactor UK Ltd. The accounts receivable financing business lent over £3 billion through invoice financing to UK…
Electronic Arts to Buy PopCap Games for $750 Million
EA has moved to acquire PopCap Games, which includes the popular games Plants vs. Zombies, Bejeweled and Zuma. The workers at the studio and the intellectual property owned by the…
US Olympic Team to Receive Funds from Nutrition Bar Sales
PR*Bar has signed a licensing agreement with the United States Olympic Committee to create a line of Team USA nutrition bars. Some of the profit from the sales of the…
Microsoft’s $8.5 Billion Purchase of Skype “a ringing endorsement of the communications services market”
Devita Saraf, the CEO of Vu TelePresence, has branded the $8.5 billion acquisition of Skype by Microsoft “a ringing endorsement of the communications services market”: “This acquisition as well as…
EA Strengthens Mobile Games Business with Firemint Purchase
Electronic Arts, Inc. has strengthened its business in mobile gaming with the acquisition of Firemint due to complete within four weeks. Barry Cottle, Executive Vice President and General Manger of…
Business: Yahoo Buys IntoNow
Yahoo Inc. has bought IntoNow an iPhone application which deepens the social experience connecting audiences with television programmes. It is integrated with Facebook, Twitter, iTunes and Netflix and allows users…
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