Lyft is disputing reports from The New York Times and other sites (including Engadget) that the company is actively seeking a buyer. "Getting approached and then having it characterized as us wanting to sell the business and failing to do so is a lar...
Dell has agreed to buy EMC Corporation for a deal worth $67 billion. While EMC isn't a household name, some of its products and subsidiaries are. In addition to selling cloud services, storage and analytic solutions to enterprise companies, EMC own...
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There was an odd level of uncertainty surrounding Google's reported buyout of Wavii: where Google usually mentions acquisitions in short order, mum's been the word for much of the past week. Thankfully, we won't be left hanging over the weekend -- Wavii has stepped forward to confirm the deal is happening. Neither side has discussed the terms involved, but Wavii chief Adrian Aoun made it clear the acquisition is for the technology first and foremost. Wavii's info summarization service will be shutting down, while the company's expertise in natural language processing should find its way into future Google projects. It's sad to see another independent service absorbed by a much larger company, but we're at least likely to see the fruits of Wavii's labor through some very public channels.
Via: TechCrunch
Source: Wavii
Some British cable subscribers will soon have a new master: international telecom giant Liberty Global has just acquired Virgin Media for $23.3 billion in cash and stock. The deal gives Liberty an even larger stake in Europe than it had before and, if you believe the new partners, creates one of the bigger broadband companies on the planet at 47 million homes covered across 14 countries. Liberty also sees Virgin as good at tackling the business and mobile spaces that have been its relative weak points. How this will affect the UK isn't immediately apparent, although Virgin Media will continue to run under its existing name -- that moebius logo isn't going anywhere in the foreseeable future. We'll at least have some room to ponder the consequences when the buyout isn't poised to close until sometime in the second quarter.
Filed under: Home Entertainment, HD
Source: Liberty Global (PDF)
Jawbone has been making real progress on the software for its tentative steps into wearable technology like the Up bracelet, but it's safe to say there's some room to grow. The company might just feel the same way in the wake of two key acquisitions centered on app interfaces and design. It just bought Massive Health, best known for its crowdsourced food app The Eatery, and Visere, a design house recognized for its work on both hardware and software. While Jawbone hasn't yet outlined its plans beyond scooping up the "best talent" for app development, Massive Health expects to maintain its namesake focus -- it doesn't see much work on Bluetooth audio in its future. However things shake out, it's clear software is about to play a larger role for our ears, wrists and beyond.
Filed under: Wearables
Source: GigaOM
You may not be very familiar with mFoundry's name, but you'll probably know its work if you're reading this site: it's part of a deal with MasterCard for NFC-based mobile payments, powers many banking apps and wrote the earliest mobile app code for Starbucks. As such, it's no small deal that payment giant FIS just bought full control of mFoundry for $120 million. FIS isn't shy about its aims and sees mFoundry as the ticket to covering a mobile banking space that's growing quicker than other fields. Not that mFoundry will necessarily feel like a pawn -- its audience potentially grows to the 14,000 banks that FIS has for customers. We'll just need to wait until after the deal closes later in the current quarter to see what the union will bring.
Filed under: Cellphones, Internet, Mobile
Source: TechCrunch