Amazon’s annual 10-K filing with the U.S. Securities and Exchange Commission confirmed the high prices the e-commerce giant paid for its two biggest M&A deals last year. According to the filing, the company paid approximately $839 million in cash for Ring and $753 million for PillPack, with all other acquisitions totalling $57 million. GeekWire was […]
View More Amazon’s 2018 acquisitions totaled $1.65B, led by PillPack and RingCategory: Acquisitions
Lyft makes major move in race to put self-driving cars on the streets
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Uber may have stalled out with self-driving cars, but Lyft is just picking up speed.
The ride-hailing app’s fairly new self-driving division, Level 5, made its first acquisition, the company announced Tuesday. The London-based augmented reality company Blue Vision Labs will become part of Lyft and help develop AR, mapping, and camera tech for Level 5’s self-driving cars.
In a blog post, Level 5’s Luc Vincent touted Blue Vision Labs’ 3D maps, which are crowdsourced from car-mounted camera phones. He also floated an exciting way Lyft could use the startup’s AR technology. Imagine holding up your phone and seeing a virtual label above your Lyft car so you know it’s for you. Read more…
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View More Lyft makes major move in race to put self-driving cars on the streetsFoxconn buys peripheral maker Belkin for $866M
Foxconn, best known for manufacturing practically everything in the world, has just announced the purchase of Belkin, the PC peripherals company, for $866 million in cash. That certainly makes it one of the larger consumer electronics acquisitions in recent memory.
View More Foxconn buys peripheral maker Belkin for $866MGoogle’s Pixel phones could get serious camera boost with Lytro acquisition
Lytro had big plans to change the photography industry with its unique, rectangular-shaped “light field camera” that let users refocus photos after they’d taken them.
Now, Lytro is being acquired by Google for as much as $40 million, TechCrunch repor…
Salesforce is reportedly in talks to acquire Mulesoft and the stock is going nuts
After previously investing in Mulesoft, it looks like Salesforce may finish off the deal and is in advanced talks to acquire the data management software provider altogether, according to a report from Reuters this morning. Mulesoft works with companies to bring together different sources of data like varying APIs. That’s important for companies that have data […]
View More Salesforce is reportedly in talks to acquire Mulesoft and the stock is going nutsApple is buying Texture, signaling a harder push into news
Apple has more money than the U.S. Treasury, so it should come at no surprise that the company will occasionally spend its cash on new stuff.
The tech giant announced at the annual South by Southwest Interactive (SXSWi) conference on Monday that it’s…
WeWork buys digital marketing company Conductor
Don’t say it’s just a real estate giantWeWork, known for selling shared workspaces, has acquired 13-year-old digital marketing company Conductor Inc, the companies announced on Tuesday.
SEE ALSO: WeWork founders want to help children start thei…
WeWork to reportedly acquire Meetup
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WeWork’s global empire continues to expand.
The $20 billion coworking startup is reportedly set to acquire social networking service Meetup, according to Crunchbase.
Meetup CEO Scott Heiferman reportedly told employees about the acquisition on Monday, and mentioned a $30 million figure — but it’s not clear “if that was an acquisition price, or a reference to expected investment into his company from the acquiring entity,” according to Crunchbase.
Mashable has reached out to WeWork and Meetup for comment. Read more…
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View More WeWork to reportedly acquire MeetupQualcomm just killed the world’s biggest tech deal ever
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Qualcomm has officially rejected Broadcom’s $105 billion acquisition offer — an offer so huge it was set to become the world’s largest tech deal.
The San Diego-based chipmaker announced on Monday that it was passing on the acquisition, which Broadcom actually valued at $130 billion taking Qualcomm’s $25 billion debt into account.
Why? Well, for the simple reason Qualcomm believes it’s worth more money.
The company creates key wireless technology like modems and processors for popular smartphones like the iPhone. And though Qualcomm is in the midst of a legal dispute with Apple, the company still believes its overall value is higher than what Broadcom was offering. Read more…
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When chips collide: Broadcom bids $105 billion for Qualcomm in largest tech deal ever
It’s an interesting time for the guts of your smartphone: Two of the companies who build big chunks of the devices we use every day may be joining forces.
Broadcom, which builds Wi-Fi, Bluetooth, and wireless charging tech (among other things), just …