Posted by Vikrant
Business
Thursday, May 15th, 2008
Ask.com has acquired Lexico Publishing which owns the reference sites like Dictionary.com, Thesaurus.com and Reference.com. As part of the acquisition, Ask will acquire all the reference properties of Lexico Publishing Group LLC. Ask.com, a search engine owned by IAC/InteractiveCorp, has less than five percent share of total U.S. search market. With the acquisition of Dictionary.com [...]
Posted by Vikrant
Business
Thursday, May 15th, 2008
Plaxo, which was looking for getting acquired for a long time, has finally managed to get acquired by one of its customers, ComCast. The company will continue to operate as an independent unit post the acquisition and will report into Comcast Interactive Media. ComCast which was using Plaxo’s addressbook service for its webmail users will [...]
Posted by Vikrant
Business
Saturday, May 3rd, 2008
Real Deal Docs is a place for all people like lawyers, entrepreneurs, suppliers, investors and even general public who want to refer to legal documents, contracts, agreements and clauses made by attorneys for real world deals and cases. The website has a collection of over 1 million deal documents related to Merger and Acquisitions, Corporate [...]
Posted by Vikrant
Business
Tuesday, April 15th, 2008
AOL has announced that it has acquired Sphere, the content engine. Sphere is a contextual search engine which delivers matching content from blogs, videos, photos and other media channels. The discovered content is then displayed in a pop-over window or through a widget. The Sphere widget lets publishers better engage their audience by providing related [...]
Posted by Vikrant
Business
Monday, April 7th, 2008
Nielsen has announced that it will acquire IAG Research for $225 million in an all cash deal. The Nielsen company has signed a definitive agreement regarding the acquisition. Nielsen currently offers full suite of market research, market intelligence, audience measurement and engagement tracking services across business lines and communication modes like Internet, T.V., Mobile etc. [...]
Posted by Vikrant
Business
Monday, April 7th, 2008
Amidst lots of guess work from the blogosphere about how will Yahoo respond to Microsoft, a letter has been sent out to Microsoft from the Yahoo’s Board of Directors and CEO Jerry Yang. As anticipated by the blogosphere, the letter mentions that: They will not let Microsoft acquire the company at this value Yahoo is [...]
Posted by Vikrant
Business
Sunday, April 6th, 2008
Steve Ballmer, on behalf of Microsoft, has sent out a letter to Yahoo’s Board of Directors to expedite the process of making a decision giving out a three weeks notice for them to decide on the offer or face problems. The main points mentioned in the letter by Ballmer proving that the Microsoft’s offer is [...]
Posted by Vikrant
Business
Thursday, March 27th, 2008
The shareholders of both Thomson Corp and Reuters Group have agreed on proposed acquisition of Reuters. The deal is valued at $17 billion and is expected to close by April 17th. The takeover of Reuters by the Canada based Thomson will create the biggest financial information and data company which will have 34% share [...]
Posted by Vikrant
Business
Wednesday, March 19th, 2008
According to Reuters, Alibaba.com is seeking investments to buy out Yahoo’s stake in the company. Yahoo had merged its Chinese operations with Alibaba in 2005 and got a 39% stake in return. The move by Alibaba is an indicator of two facts: Alibaba believes that Microsoft will be able to acquire Yahoo. Alibaba is [...]
Posted by Vikrant
Business
Thursday, March 13th, 2008
This is breaking news reported by PaidContent; AOL has acquired Bebo for $850 Mn in an all cash deal. With the deal, AOL will get access to Bebo’s 40 million registered member. Bebo is the most popular social network in the U.K. The announcement says that the Bebo president Joanne Shields will continue to run [...]
