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acquisition News

Zynga buys ‘Draw Something’ creator OMGPOP

Zynga on Wednesday announced that it has acquired app developer OMGPOP for $180 million, plus another $30 million in employee-retention payments, AllThingsD reported. The company confirmed the acquisition during a conference call on >>

Sony completes Sony Ericsson buyout

Sony on Thursday announced the transaction to acquire Ericsson’s 50% stake in Sony Ericsson has been completed. Sony and Ericsson announced the deal last October, which was worth €1.05 billion in cash and >>

Google’s Motorola acquisition approved by Justice Department

The United States Department of Justice has approved Google’s proposed $12.5 billion acquisition of Motorola Mobility, Reuters’s Poornima Gupta reports. The deal gained regulatory approval from the European Commission earlier on Monday, and >>

Nikesh Arora rumored to become Motorola CEO after acquisition

Nikesh Arora, Google’s SVP and Chief Business Officer, will run Motorola once the Google acquisition closes later this year, according to rumor published by Business Insider. Arora ran the company’s international business for Eric >>

Nokia acquires Smarterphone AS, eyes feature phone rebound

Nokia has acquired Oslo, Norway-based cell phone operating system developer Smarterphone AS as it prepares to launch a reinvigorated attack on emerging markets. The transaction was completed in November 2011 according to major >>