acquisition
Auto Added by WPeMatico
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
Powered by WPeMatico
Snapchat secretly acquires Seene, a computer vision startup that lets mobile users make 3D selfies
Snapchat has acquired Seene (also known as Obvious Engineering) a couple of months ago, TechCrunch has learned.
Seene lets you capture 3D models from your phone with a simple smartphone camera. Snapchat could use Seene’s format for a brand new category of selfie lenses, a new 3D photo format and potentially virtual reality projects.
According to our sources, Snapchat was interested in… Read More
Powered by WPeMatico
eBay acquires AI-powered big data processor Expertmaker
eBay announced today that it is acquiring Expertmaker, a Swedish company that specializes in analysis of big data with a machine-learning twist. Smartling acquires Jargon to help mobile developers ready their apps for international markets
Smartling, the translation tech company, has acquired TechStars alumni Jargon on Crunchbase which makes tools for mobile developers who want to “localize” their apps for different international markets, and the devices and app stores that are relevant in each one.
New York-based Smartling is known for its “translation management system” software, and marketplace of… Read More
Powered by WPeMatico
Ericsson acquires data center automation service NodePrime
Ericsson today announced it has acquired NodePrime, a San Francisco-based startup that helps enterprises manage their data centers. NodePrime came out of stealth last September after the company raised $7 million in seed funding from Menlo Ventures, NEA, Formation 8, Initialized Capital, Crosslink Capital, Rubicon Venture Capital, and TEEC Angel Fund. Ericsson also participated in this round… Read More
Powered by WPeMatico
Zumper Acquires PadMapper And Relaunches It With An Updated Interface
Zumper, the Kleiner-backed apartment rental platform that launched at TechCrunch Disrupt SF 2012, has acquired PadMapper, the popular map-centric apartment rentals site that was once embroiled in a prolonged legal fight with Craigslist. Gilt’s Unicorn Tale Comes To An End After Being Acquired For $250M
Hudson’s Bay Company, the owner of department chain stores like Saks Fifth Avenue, said today it was acquiring Gilt Groupe for $250 million. The sale still represents a tough end to the story of Gilt. The startup was one of the original darling flash-sale sites coming out of New York. But that whole market has found itself challenged by slim operating margins, its initial popularity… Read More
Powered by WPeMatico
Facebook Closes WhatsApp Acquisition, Jan Koum To Match Zuckerberg’s $1 Annual Salary
Facebook is now the legal owner of WhatsApp, following a filing made with the SEC today. This is the final step in a process begun when Facebook announced its intent to acquire the messaging company in February of this year. The Facebook deal passed its final regulatory hurdle when it received EU approval to go ahead with the acquisition of WhatsApp last week. In the filing, the company… Read More
Powered by WPeMatico
LinkedIn Acquires Newsle To Deliver More Relevant News About Your Connections
LinkedIn announced today that it has acquired Newsle, the machine-learning startup founded to help users pare down the ample noise coming across social networks and give them relevant info about their most important contacts. The terms of the acquisition were not announced, but LinkedIn says that Newsle will continue to operate as a standalone product for the time being, while both teams work… Read More
Powered by WPeMatico