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acquisition

Google buying satellite firm Skybox Imagery for $500 million

57 Comments
Posted by Derek Kessler on 10 Jun 2014 1:46 pm
Google Earth
Google is buying the satellite imagery company Skybox Imagery for half a billion dollars. Google has used imagery from Landsat satellites for much of their mapping images, though in recent years they've been replacing that with detailed orbital shots from a variety of sources. Adding a satellite imaging company to their portfolio will enable Google to more quickly and accurately update their...

Google snaps up Titan Aerospace, Google Drone to bring internet to the skies

19 Comments
Posted by Jerry Hildenbrand on 14 Apr 2014 2:19 pm
Titan Aerospace solar drone
Google has another acquisition in the works, and this time it's not a mobile technoligies company. According to the Wall Street Journal Google will be buying Titan Aerospace, a company that builds high-altitude craft — ones that can take high-resolution images.

Google reportedly acquires artificial intelligence company you've never heard of

22 Comments
Posted by Richard Devine on 27 Jan 2014 7:19 am
Google
Deepmind purchase said to be in the region of $400 million Google's spending spree looks like it's continuing, with the reported $400 million purchase of a London based artificial intelligence company you've likely never heard of. But, just because Deepmind isn't a household name, doesn't mean there isn't some serious talent behind it. The acquisition was first reported, and then confirmed...

Google to acquire Nest for $3.2 billion

120 Comments
Posted by Jerry Hildenbrand on 13 Jan 2014 4:16 pm
Nest
Nest will continue to operate with current leadership Google has announced that they will acquire Nest, makers of the popular smart thermostat and smoke alarm systems. In a post in the Investor Relations blog, Google CEO Larry Page says: Nest’s founders, Tony Fadell and Matt Rogers, have built a tremendous team that we are excited to welcome into the Google family. They’re already delivering...

Sprint completes its acquisition of Clearwire

23 Comments
Posted by Alex Dobie on 9 Jul 2013 11:11 am
Sprint
Third-place carrier gobbles up Clearwire for $5 per share Sprint has completed its acquisition of Clearwire, the U.S. carrier has announced. Sprint, which already held a majority stake in Clearwire, and is itself to be acquired by Japan's SoftBank, said in a press release today that it had purchased the company for $5 per share. As such, SoftBank will walk away with both Sprint and 100 percent...

AT&T buys Alltel for $780 million, gains spectrum and 585,000 customers

30 Comments
Posted by Andrew Martonik on 22 Jan 2013 9:45 pm
Android Central
AT&T has announced today that it will completely acquire the Alltel brand and assets from Atlantic Tele-Network, Inc. for $780 million in cash. This purchase encompasses all of the Alltel assets, from spectrum, network licenses and wireless properties to retail store locations and about 585,000 subscribers. That's a good number of customers that will come under the AT&T umbrella, but...

Softbank plans 70 percent acquisition of Sprint worth $20.1 billion

52 Comments
Posted by Richard Devine on 15 Oct 2012 4:30 am
Sprint
It's real early in the morning for a press conference, but that's not the real story here. In Japan, Sprint and Softbank are holding a joint press conference confirming what we've previously heard. The Japanese carrier is to acquire a 70 percent stake in Sprint, worth a whopping $20.1 billion.  The acquisition will be made up of $12.1 billion worth of existing shares to be purchased, and a...

Google acquires Quickoffice, looks to bring tech to Google Apps suite

7 Comments
Posted by Alex Dobie on 5 Jun 2012 12:52 pm
Android Central
Google is to acquire mobile office app-maker Quickoffice, the company has announced on its official blog. Describing its new acquisition as a "leader in mobile productivity solutions" with "an established track record of enabling seamless interoperability with popular file formats," Google said it'll work to "[bring] their powerful technology to our Apps product suite." The most obvious...

Google all set to acquire social startup Meebo

5 Comments
Posted by Bla1ze on 4 Jun 2012 5:12 pm
Meebo
Google it seems is on a little bit of an acquisition streak at the moment. First up was the Magnolia Broadband patents and now the news has broke on the fact they've started the acquisition of the social startup, Meebo. As noted on the Meebo blog: We are happy to announce that Meebo has entered into an agreement to be acquired by Google! For more than seven years we've been helping publishers...

Jha steps down, Woodside steps in as Google-Motorola deal closes

33 Comments
Posted by Phil Nickinson on 22 May 2012 9:08 am
Googlerola
Google CEO Larry Page this morning penned a blog post announcing the close of his company's acquisition of Motorola Mobility (thanks to China's recent approval) -- and the departure of Sanjay Jha as Moto CEO. Taking over is Google's Dennis Woodside, whom Page notes increased revenue in the Americas region by some $6.7 billion in three years. The big question, of course, is exactly what Google...

Motorola: Just waiting on China for the Google acquisition, hoping to close by July

6 Comments
Posted by Phil Nickinson on 1 May 2012 4:40 pm
Googlerola
Motorola Mobility in its first-quarter earnings statement released today gave a brief update on the not-quite-complete acquisition by Google. The $12.5 billion deal has been approved by the U.S. and other nations, with China apparently the lone holdout. Motorola says it still expects the deal to be finalized in the first half of this year, so it's got two months to go as of now. Said Motorola...

Google's acquisition of Motorola Mobility approved by U.S. Department of Justice

21 Comments
Posted by Phil Nickinson on 13 Feb 2012 5:31 pm
Googlerola
The U.S. Department of Justice has approved Google's $12.5 billion acquisition of Motorola Mobility, just hours after the deal was approved by the European Commission. The key phrasing from the DoJ: “The division concluded that the specific transactions at issue are not likely to significantly change existing market dynamics." When Google first announced the deal, they stated that it was done to...

European Commission clears Google's acquisition of Motorola Mobility

9 Comments
Posted by Alex Dobie on 13 Feb 2012 1:45 pm
Android Central
The European Commission has cleared Google's proposed buy-out of Motorola Mobility, the company has announced on its official blog. Google has hailed the EC's decision as an "important milestone" which brings the acquisition closer to completion. It was reported last week that the U.S. Department of Justice looks set to approve the deal too, and Google says it's awaiting confirmation from just "...

Motorola warns of 'modest profitability' in Q4 due to competition, lawsuits

17 Comments
Posted by Phil Nickinson on 6 Jan 2012 5:37 pm
Motorola Mobility
Motorola Mobility just sent out some updated guidance on its fourth-quarter 2010 earnings, and it's not sounding great. The company's estimating $3.4 billion in sales with "modest profitability." Some 10.5 million mobile devices were sold, with 5.3 million of them being smartphones. That's still more smartphones than the 4.8 million in shipped in the third quarter. The ominous part of Moto's...

Google-Motorola purchase podcast special!

3 Comments
Posted by Phil Nickinson on 15 Aug 2011 7:01 pm
Android Central
Google's purchase of Motorola - a Q&A Motorola won't have exclusive on Nexus devices, Andy Rubin says OEM partners supportive of Motorola Mobility acquisition, praise Google's defense of Android Motorola Mobility Holdings (MMI) opens up more than 50 percent Google acquiring Motorola Mobility, wants to “supercharge the Android ecosystem”

Motorola Mobility Holdings (MMI) opens up more than 50 percent

8 Comments
Posted by Phil Nickinson on 15 Aug 2011 9:59 am
Motorola stock
Here's one to watch today, folks. Shares of Motorola Mobility Holdings Inc. (MMI) were up more than 50 percent at the start of trading Monday on the news that Google was acquiring it for $40 per share. Makes sense -- Google's gonna buy it at that price, and that's about where it's trading at now. But that's a hell of a jump for any stock, eh?Source: Google Finance