Post Tagged with: "Deals"

Oracle to Obtain Co-Browsing Technology from its LiveLOOK Acquisition
/ June 23, 2014 5:50 pm
Oracle to Obtain Co-Browsing Technology from its LiveLOOK Acquisition

VentureBeat reports that Oracle is acquiring a company called LiveLOOK, which developed technology that allows service and salespeople to navigate webpages at the same time as potential or current customers, the tech company announced today. The acquisition should boost Oracle’s product line for companies’ service desk departments and offer Oracle some new amazing features that contender Salesforce.com lacks. LiveLOOK, a cloud-based service, falls in with Oracle’s focus on cloud options, not just software that functions in companies’ on-premises data centers. . Read More

SanDisk to Acquire Fusion-io in $1.1 Billion Deal
/ June 16, 2014 6:20 pm
SanDisk to Acquire Fusion-io in $1.1 Billion Deal

SanDisk, the developer of flash storage products, said on Monday it will acquire Fusion-io, developer of an application acceleration platform with offices in San Jose, in an all-cash deal valued at $1.1 billion. Under the agreement, SanDisk will launch a cash tender offer, paying $11.25 a share. The deal is expected to close during the third quarter. . Read More

Intuit Completes $360M Acquisition of Check
/ June 16, 2014 6:20 pm
Intuit Completes $360M Acquisition of Check

Intuit, the publisher of business and financial management software, said on Monday it has completed its $360 million acquisition of Check, a developer of mobile bill pay services. Intuit said the deal, first announced in May, will help accelerate its ability to offer bill pay across small business and personal finance products. Read More

Glu Mobile Raises $34.5 Million in Public Offering
/ June 5, 2014 5:04 pm
Glu Mobile Raises $34.5 Million in Public Offering

Glu Mobile, a San Francisco-based developer and publisher of free-to-play games for smartphones and tablets, said on Thursday it has raised $34.5 million through an underwritten public offering. Through the deal, the company sold nearly 9.9 million shares for $3.50 each. . Read More

Peer-to-Peer File Sharing Startup Infinit Raises $1.8 Million
/ May 29, 2014 4:34 pm
Peer-to-Peer File Sharing Startup Infinit Raises $1.8 Million

VentureBeat reports that Infinit has raised $1.8 million in its recent round of funding. In announcing the funding in a statement today, Infinit also announced the launch of the first full-featured version of its software, which is accessible for Mac and Windows. The funding confirms the logic behind parting out clouds, which stands out from prevalent file-sharing tools like Dropbox, Google Drive, and Box. Read More

Korean E-commerce Giant Coupang Raises $100 Million at $1B+ Valuation
/ May 29, 2014 4:31 pm
Korean E-commerce Giant Coupang Raises $100 Million at $1B+ Valuation

VentureBeat reports that Korean e-commerce firm Coupang has raised $100 million in its recent round of funding led by Sequoia with participation from previous investors include Greenoaks Capital Management, Rose Park’s Disruptive Innovation Fund, and LaunchTime. Read More

Apple to Acquire Dr. Dre’s Beats Electronics for $3 Billion
/ May 29, 2014 4:21 pm
Apple to Acquire Dr. Dre’s Beats Electronics for $3 Billion

Further bolstering its music offerings, Apple late Wednesday said it will pay $3 billion to acquire Dr. Dre's Beats Electronics, the developer of a subscription streaming music service and maker of popular headphones, speakers and audio software. Under the deal, expected to close by the end of September, the company will make an initial payment of $2.6 billion, plus another $400 million that will vest over time. As part of the acquisition, co-founders Jimmy Iovine and Dr. Dre will join Apple in unspecified roles. Read More

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