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Articles Tagged:

acquisition

79

Google acquires Fitbit for $2.1 billion, hints at future own-brand wearable

Scott Scrivens

A report from a few days ago suggested that Google's parent company Alphabet was in talks to purchase fitness tracker manufacturer Fitbit, and sure enough, an official announcement has just confirmed that the deal is going ahead at a cost of $2.1 billion. With confidence in Wear OS seemingly at an all-time low, this latest news could signal that Google's wearable ambitions have some life in them yet.

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57

Fitbit reportedly looking for buyer after slashing 2019 revenue forecast

Zach Laidlaw

Fitbit has been on a rollercoaster of success and uncertainty since releasing their first step tracker all the way back in 2007, and now the fitness tech icon may be looking for a potential buyer. This comes after Fitbit cut its 2019 revenue forecast after sales of its newest wearables (namely the Versa Lite) were below expectations.

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13

Asurion acquires uBreakiFix, adding phone repairs to its handset insurance business

Ryne Hager

Asurion, an insurance company offering services including accidental damage protection and warranty extension for consumer electronics, has just acquired the retail phone repair outlet uBreakiFix. This follows the latter company's recent celebration opening its 500th store,

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InBrief
3

Kongregate acquires Bit Heroes, a popular mobile RPG

Matthew Sholtz

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Barnes & Noble getting a new owner, as retail book market bravely soldiers on

Jules Wang

Barnes & Noble, being the largest bookstore chain in the United States, has had lasting power in an industry where its competitors have fallen to tech giants, namely Amazon. In the past decade, the company has been able to keep afloat by doubling down on supplying education clients and investing in its Nook and SparkNotes product lines, but it has straddled the line between profit and loss for the past decade. Today, multinational asset management firm Elliott has announced its intent to acquire the Barnes & Noble for approximately $683 million and has plans to invest.

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106

Mobile Nations, which includes Android Central, acquired by Future plc

Ryne Hager

Sometimes we need to get a bit meta when it comes to the subject of Android. Yesterday Future plc, the company behind media outlets including Tom's Guide, Anandtech, PC Gamer, and TechRadar, announced that it had purchased Mobile Nations for a cool $60 million. That purchase includes Android Central, Windows Central, and Thrifter.

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InBrief
4

Dropbox to acquire eSignature company HelloSign for $230 million

Corbin Davenport
3

Google acquires GraphicsFuzz, a firm that tests Android GPU drivers for security exploits

Jordan Palmer

In all of the Android 9 Pie news yesterday, this little bit slipped under the radar. Google wasn't completely wrapped up in announcing and releasing the latest version of Android; no, it was also acquiring a small company that could benefit our favorite operating system, just not in a truly user-facing way (unless we want to get really technical). GraphicsFuzz, a three-man firm based in the UK, is joining the Android Graphics Team to improve GPU security and driver stability going forward.

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45

Slack buys Hipchat and Stride from Atlassian, only to shut them down

Richard Gao

Here at AP, we currently use Slack to communicate with and send messages to our colleagues. It's a great tool, and we don't have any real complaints. Prior to our migration to Slack around two years ago, though, we used Hipchat. That Atlassian service, along with Stride, has now been purchased (and shut down) by Slack.

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10

Qualcomm won't be buying NXP, set to pay $2 billion termination fee

Ryne Hager

Starting all the way back in 2016, Qualcomm set its sights on purchasing NXP. Both being huge semiconductor companies operating in overlapping fields, there was some question of consumer benefit and market competition if the deal went through. EU regulators expressed some concern before relenting, and back in June Chinese regulators were said to be ready to grant their own blessings. Turns out, China's enthusiasm may have been overstated, as Qualcomm is set to terminate the NXP acquisition based on the continued absence of regulatory approval from the Chinese State Administration for Market Regulation (SAMR), presumably as a result of the ongoing trade tensions between it and the US.

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