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Articles Tagged:

acquisition

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i.am+ has purchased Wink, the smart home hub company, from Flextronics

Wink is a name that's decently well-known in the smart home space. Previously owned by the ill-fated Quirky, the home automation company got pawned off to Flextronics. Now, Wink will be joining i.am+, the firm founded by entertainer will.i.am. The sum of the acquisition is unknown right now, however, i.am+'s PR has confirmed the purchase.

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JRummy Apps, maker of various root tools, has been purchased by Maple Media

Those of you who like to root and mod your phones have probably heard of JRummy Apps. Probably best known for its Root Browser and ROM Toolbox apps, JRummy has been a staple of the Android enthusiast community for many years now. It's now been purchased by a company that specializes in app acquisitions called Maple Media.

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Avast has acquired Piriform, the company behind CCleaner

Avast and Piriform are two very well-known names in the PC world and they've both even made a splash in the Android universe (for better or for worse). But now the London-based company behind the beloved CCleaner has been swallowed by Avast in a full acquisition.

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SiriusXM has acquired Automatic, the car monitoring company

This is a bit of perplexing news. Automatic, maker of car monitoring software and hardware, has just announced that it has sold itself to SiriusXM, subscription-based provider of satellite radio. The connection between the two companies' services might not make sense at first glance, but there is one.

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LeEco announces exciting plan to not buy Vizio after all, everything is fine, nothing to see here

According to The Verge, LeEco has just announced that it no longer intends to buy US television maker Vizio.

LeEco announced its plans to buy Vizio last July for $2 billion. It's not the first stumble for the company - they're in the midst of major fundraising efforts after an apparent cash crunch caused by over-expansion. It's now rumored the company is looking to sell some of its Silicon Valley property holdings, as well.

LeEco cited "regulatory headwinds" as the reason for calling off the merger. It could also have been a little bit, maybe, that it just seemed like a bad idea and honestly made no sense from a product strategy perspective.

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AT&T set to buy more 5G millimeter wave spectrum for $1.6 billion

AT&T announced today that they're going to acquire Straight Path Communications, a holder of a number of millimeter wave spectrum licenses in the US for $1.6 billion. This brings them one step closer to realizing their AirGig plans for last-mile data infrastructure.

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Amazon to acquire Middle East online commerce site SOUQ.com

The news has been abuzz for a couple of days in the Middle Eastern region, but it has now been made official, press release and all: Amazon has reached an agreement to acquire SOUQ.com.

For those of you who don't live in the Middle East and haven't heard of SOUQ (which means "market" in Arabic), you can think of it as India's Flipkart maybe or well, Amazon, but serving a few local countries in the region: UAE, Egypt, Saudi Arabia, Kuwait, and also shipping to Bahrain, Oman, and Qatar. It has made a name for itself as one of the leading online retailers for shopping for clothes, electronics, beauty products, home items, sports equipment, baby products, and more.

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Spotify acquires sound identification firm Sonalytic

While Spotify remains primarily a streaming music service, the apps and web portals have become more and more capable as the company continually tweaks them. That looks to continue as Spotify has acquired Sonalytic, a tech firm dedicated to audio and music recognition systems. The terms of the acquisition weren't disclosed in the short announcement post on Spotify's blog, but the company did say that Sonalytic's expertise would be used for "improving Spotify’s personalized playlists, matching songs with compositions, [and] improve our publishing data system."

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Mozilla announces acquisition of Pocket

If you've never used it, Pocket is a popular app that allows you to save links from several browsers and other applications in an easily-accessible list. Mozilla and Pocket have been working together for a while now, most notably to bring native Pocket integration to Firefox. Now Read it Later, Inc., owners of Pocket, will become a wholly owned subsidiary of Mozilla.

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Popular shopping list app Out of Milk gets acquired by Retale

Remembering what we want to buy when going shopping is a problem that plagues many members of the human race, so naturally, we use apps to fill that gap. Of the most popular of said apps is Out of Milk, an Android-only application which has just been acquired by Retale, which will nearly double the latter's userbase in the process.

Retale, if you're unaware, is a "provider of mobile-first shopping experiences" in the US. Its app features deals, coupons, vouchers from large brick-and-mortar stores, plus the ability to follow your favorite retailers. Presumably, Retale thought it would be easier to purchase an existing shopping list app instead of making one from scratch (in today's bloated, cramped app environment, it's probably a fair assumption), and Out of Milk came out on top.

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