Topic: Buy-Outs

Posts

By Terence Huynh on January 14th, 2010

VMware buys Zimbra from Yahoo

VMware will buy Zimbra from Yahoo for an undisclosed sum of cash. The open-source email suite provides email, contacts, calendar, search, document collaboration and authoring and VoIP tools for corporations and businesses, including Digg, H&R Block and Comcast.

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By Terence Huynh on January 5th, 2010

Rotten Tomatoes sold to Flixster

rotten-tomatoes It’s official. Rotten Tomatoes, the popular movie reviews aggregator, has a brand new owner – Flixster, another movie social network. The company acquired the site from IGN, which is owned by News Corporation, in exchange for a minority stake in the company.

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By Terence Huynh on November 8th, 2008

AT&T to buy Centennial for $944 Million

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AT&T has announced that it would buy Centennial Communications for $944 million on Friday (US Eastern Time), giving the company an additional 1.1 million customers to its 74.9 million customers, and will improve the coverage of AT&T in the Midwest, Southeast, Puerto Rico and the Virgin Islands.

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By Terence Huynh on September 16th, 2008

Best Buy buys Napster for $121m

US Electronics retailer Best Buy has said that it will be acquiring Napster, making it Best Buy’s first entree into the online-music sector. The deal will see Best Buy buying Napster shares at $2.65 apiece, with the acquisition being valued at $121 million.

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By Terence Huynh on July 23rd, 2008

Report: Google to buy Digg?

TechCrunch is reporting that search giant Google is close to acquiring social news aggregator Digg for around $200 million, with the companies are in "final negotiations" according to their sources.

It would most likely to be under its Google News property, but it could still fall through or another party would step in, like Microsoft – whom they have an advertising deal with and will be terminated if a sale to Google is a likely outcome.

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By Terence Huynh on June 24th, 2008

Nokia buys Symbian

Nokia has announced that it will aquire the remaining 52% of Symbian, the developers of the Series 60 operating system on many of Nokia’s phones. As well, it will also release the entire source code as Open Source, licensing it under the Eclipse Open Source License.

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By Terence Huynh on May 20th, 2008

EA extends Take-Two offer deadline

Electronic Arts has said that it would extend their hostile takeover of rival Take-Two by one month. The $2 billion offer expired on May 16 before the deadline.

EA launched an unsolicited bid for the "Grand Theft Auto IV" publisher on 25 February for a $26-per-share, which represents a 50% premium on it’s closing price on 22 February. The extended deadline will see EA’s offer expire on June 16.

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