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Purchase News

Microsoft and Facebook announce $550 million patent deal

Microsoft and Facebook on Monday announced a $550 million patent agreement in which the social networking giant will purchase a portion of the patent portfolio Microsoft recently acquired recently from Aol. Facebook will >>

Verizon said to be ‘very serious’ about potential Netflix bid

Mediatech Capital managing partner Porter Bibb believes Verizon Communications is seriously considering making a bid for Netflix. Rumors swirled around recently suggesting that Verizon may team up with the kiosk movie rental service >>

Amazon quietly acquires Yap in clear bid to combat Siri

Amazon recently quietly purchased Yap, a Charlotte-based company that specializes in voice-to-text technology. CLTBlog, a Charlotte-focused website, discovered a recent filing with the Securities and Exchange Commission (SEC) that doesn’t actually name Amazon as >>

Microsoft may be considering Yahoo acquisition, again

Rumor has it Microsoft is again toying with the idea of purchasing Yahoo. The Redmond, Washington-based company may partner with another unnamed firm in an effort to make a bid, an anonymous Microsoft >>

HP finalizes Autonomy acquisition

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 >>