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Apple may buy Israeli flash memory firm Anobit for $400-$500 million

December 13th, 2011

Apple may be preparing to purchase Anobit, an fabless Israeli firm that specializes in flash storage solutions for mobile and enterprise markets. The Cupertino-based company could be willing to spend between $400 million and $500 million on Anobit, Calcalist reported Tuesday. Anobit’s website says its memory signal processing (MSP) technology “significantly improves endurance, performance and cost …

HP finalizes Autonomy acquisition

October 3rd, 2011

HP announced on Monday that it has followed through with its intentions to acquire Autonomy and has purchased the enterprise information technology firm for £25.50 per share in cash. HP will allow Autonomy to operate as an entirely separate arm; Autonomy will continue to be led by its founder and CEO Dr. Mike Lynch, who …

Broadcom to acquire NetLogic for $3.7 billion

September 13th, 2011

Broadcom announced on Monday that it will acquire NetLogic Microsystems for $3.7 billion and current NetLogic shareholders will receive $50 per share owned. “This transaction delivers on all fronts for Broadcom’s shareholders — strategic fit, leading-edge technology and significant financial update,” Broadcom president and CEO Scott McGregor, said. “With NetLogic Microsystems, Broadcom is acquiring a …

Google acquires ZAGAT

September 8th, 2011

Google announced on Thursday that it acquired the restaurant rating company ZAGAT. “ZAGAT will be a cornerstone of our local offering — delighting people with their impressive array of reviews, ratings and insights, while enabling people everywhere to find extraordinary (and ordinary) experiences around the corner and around the world,” Marissa Mayer, vice president of …

Samsung will ‘never’ buy webOS, CEO says

September 2nd, 2011

During the IFA trade show in Berlin on Friday, Samsung Electronics CEO Choi Gee Sung addressed rumors and speculation that Samsung was considering purchasing webOS from HP. Choi said Samsung would “never” make the purchase, according to Bloomberg. “It’s not right that acquiring an operating system is becoming a fashion,” he said. Samsung Mobile already …

Carriers seeking an alternative to Apple, Google may turn back to BlackBerry

August 26th, 2011

Research In Motion will benefit in the near term from the ongoing launch of its new BlackBerry 7 smartphones, which are being described as the vendor’s strongest devices in some time. Sterne Agee analyst Shaw Wu upgraded his rating on RIM stock to Buy from Neutral, increasing his price target to $35 from $28. Wu sees near-term opportunity …

Electronic Arts may acquire PopCap Games for $1 billion

June 23rd, 2011

Electronic Arts is set to purchase PopCap Games for $1 billion, according to TechCrunch. PopCap Games is best known for titles such as Plants vs. Zombies, Peggle, and Bejewled, all of which are available on a number of platforms, including the PC and mobile devices. It’s unclear what the motivation behind the purchase is. EA …

Microsoft to acquire Skype for $8.5 billion

May 10th, 2011

Microsoft on Tuesday announced that it will acquire Skype for $8.5 billion in cash. The news comes just days after reports surfaced that Facebook and Google were both interested in purchasing, or at least creating a joint venture with the online video chat company. However, sources said Facebook was considering spending $3 to $4 billion …

Apple's cloud-based service to be dubbed 'iCloud', rumor suggests

April 28th, 2011

According to the latest Internet rumor, Apple’s presumed cloud-based service may be getting a familiar moniker. Blog GigaOM is reporting that the Cupertino company has purchased the domain name from Swedish company Xcerion. We wouldn’t be surprised if the rumor turned out to be true, Apple has had a love affair with the vowel …

Facebook to compete with Groupon with 'Deals on Facebook'

April 26th, 2011

In November, Facebook announced its new “Deals” platform that allows users to check-in to various local businesses for discounts. On Tuesday, the social network announced that it’s taking that idea one step further with its new “Deals on Facebook” service — which is currently being tested in Atlanta, Austin, Dallas, San Diego, and San Francisco. …