Atlassian today announced that it has acquired AgileCraft, a service that aims to give enterprises plan their strategic projects and workstreams. The service provides business leaders with additional insights into the current status of technical projects and gives them insights into the bottlenecks, risks and dependencies of these projects. Indeed, the focus of AgileCraft is […]
View More Atlassian acquires AgileCraft for $166MCategory: acquisition
Nvidia outbids Microsoft, Intel to acquire chipmaker Mellanox for $6.9 billion
Nvidia has come out on top in a bidding war for chipmaker Mellanox.
In a press release on Monday, Nvidia announced its $6.9 billion acquisition of Mellanox, an Israel and California-based networking technology and supercomputer chipmaker. The all-cash acquisition is the largest ever for Nvidia, a company best known for its graphics processors for high-performance gaming.
Mellanox’s focus is on technology for networking and data storage. The company creates InfiniBand and Ethernet products for use in the cloud and data centers as well as in the artificial intelligence sector. It boasts that its technology is used in half of the top 500 most powerful supercomputers. Read more…
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View More Nvidia outbids Microsoft, Intel to acquire chipmaker Mellanox for $6.9 billionAbout.me acquired by mobile-first small business startup Broadly
Personal homepage startup About.me has been acquired. Again! The company, once bought by Aol for a reported $35 million, decided a couple years after the deal to go it alone, and spun About.me back out to become an independent company. Today, About.me announced it’s being acquired by the Oakland-based startup Broadly. About.me founder and True […]
View More About.me acquired by mobile-first small business startup BroadlyPowtoon acquires Showbox.com to extend its video-creation platform
Powtoon, an online platform that allows its users to easily create videos for digital marketing, YouTube ads or business presentations, today announced that it has acquired Tel Aviv-based Showbox.com, a cloud-based video-editing platform for amateurs that had raised $12.4 million before this acquisition and currently holds six video technology patents. Powtoon, which says that it […]
View More Powtoon acquires Showbox.com to extend its video-creation platformSpotify bets big on podcasts with acquisition of Gimlet and Anchor
Music-streaming king Spotify sees a future in podcasts.
The company announced on Wednesday that it has made two huge acquisitions that firmly plant Spotify in the podcasting business. The music-streaming giant has bought Gimlet Media Inc., a popular podcast producer, and Anchor, a platform that helps creators produce and publish their podcasts.
According to Recode, Spotify is paying around $230 million for Gimlet. Recode first reported that Spotify and Gimlet were in talks last week. It’s currently unknown how much Spotify spent on Anchor.
Recode points out that the acquisition puts Spotify in the content creation business for the first time — something the company hasn’t done in its almost 11 years in the music industry. Read more…
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View More Spotify bets big on podcasts with acquisition of Gimlet and AnchorAdobe acquires Allegorithmic, makers of the Substance texture tools
Adobe today announced that it has acquired Allegorithmic, the French company behind the Substance tools for creating textures that are widely used by AAA game creators, as well as visual effects artists, animators and designers. Over time, Adobe will bring many of Allegorithmic’s technologies to its various Creative Cloud tools, many of which already offer […]
View More Adobe acquires Allegorithmic, makers of the Substance texture toolsApple’s latest business move hints at a Netflix-like approach with Apple Music
The music streaming war between Apple Music and Spotify is heating up.
As part of what appears to a be series of moves to grow Apple Music, Apple has acquired Platoon, a London-based company that discovers and develops artists by giving them the reso…
IBM to acquire open source company Red Hat for a whopping $34 billion
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$34 billion.
That’s how much IBM has offered to pay, in cash, to acquire the open source software company Red Hat.
Red Hat gives away its core product — the Red Hat Linux distribution — for free, but it makes money on support and cloud computing. And the latter is where IBM’s focus is at.
“The acquisition of Red Hat is a game changer. It changes everything about the cloud market. IBM will become the world’s #1 hybrid cloud provider,” said IBM Chairman, President and CEO Ginni Rometty.
Today is a banner day for #opensource. Red Hat will be combining forces with @IBM in the largest software transaction in history and it’s an open source company. Read Paul Cormier’s thoughts: https://t.co/trjpJMk3w9 https://t.co/G8SKS5gsVk pic.twitter.com/FfPpzqiqUN
— Red Hat, Inc. (@RedHat) October 28, 2018 Read more…
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Microsoft officially closes $7.5 billion purchase of GitHub
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Microsoft has officially acquired the developer platform, GitHub.
In June, Microsoft confirmed reports that the company was seeking a deal to purchase GitHub, a hosting service and platform geared towards computer programmers and developers. GitHub was last valued at $2 billion. Microsoft acquired them for $7.5 billion.
In an announcement posted on the Official Microsoft Blog on Friday, the company announced the completion of the GitHub acquisition and laid out the future of the service. “GitHub will retain its developer-first ethos, operate independently, and remain an open platform,” Microsoft’s post says. Read more…
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View More Microsoft officially closes $7.5 billion purchase of GitHubMicrosoft’s $7.5BN GitHub buy gets green-lit by EU regulators
Microsoft’s planned acquisition of Git-based code sharing and collaboration service, GitHub, has been given an unconditional greenlight from European Union regulators. The software giant announced its intention to bag GitHub back in June, saying it would shell out $7.5 billion in stock to do so. At the time it also pledged: “GitHub will retain its […]
View More Microsoft’s $7.5BN GitHub buy gets green-lit by EU regulatorsWalmart to acquire women’s plus-size clothing brand ELOQUII
Walmart is expanding further into apparel with today’s announcement of its plans to acquire the digitally native, women’s plus-size clothing brand ELOQUII for an undisclosed amount. The all-cash deal includes ELOQUII CEO Mariah Chase, her executive team and its 100 employees, who will continue to be based in Long Island City, NY and Columbus, OH. […]
View More Walmart to acquire women’s plus-size clothing brand ELOQUIILittle Baby Bum has billions of views on YouTube — and just sold for millions
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Did you know that a near hour-long collection of children’s nursery rhymes set to 3D animation is the 20th most popular YouTube video ever?
The video, with over 2 billion views and counting on the site, was created by the YouTube channel Little Baby Bum.
And the husband-and-wife duo behind the popular channel just sold Little Baby Bum, likely for millions of dollars.
The exact sale price is confidential, but a social media marketing firm told Bloomberg that the London couple likely made between £6 million to £8.5 million ($7.8 million to $11.1 million).
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View More Little Baby Bum has billions of views on YouTube — and just sold for millions