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Articles Tagged:

acquisition

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[Update: Addressing concerns] Pocket Casts purchased by public radio group including NPR and This American Life

Podcasts are pretty popular these days, and there are a lot of different ways to get your fix. One of the most well-known apps on Android (and iOS) is probably Pocket Casts. The app's days of independence have ended, though. Just earlier today NPR has announced that it—as part of a larger public radio group including WNYC Studios, WBEZ Chicago, and This American Life—was acquiring the fan-favorite app.

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Flickr has been acquired by photo-sharing service SmugMug

Flickr announced yesterday that it's entered into an agreement to be acquired from Oath Inc. by photo-sharing and image hosting platform SmugMug. Flickr currently has no plans to change its service following the acquisition.

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Xiaomi reportedly wants to buy GoPro

Xiaomi is probably recognizable among our readers for its phones, and maybe even for its earbud headphones. But I doubt many of us think of cameras when we think of the 5th largest smartphone manufacturer. That said, someday we might. According to Bloomberg, Xiaomi is considering making an offer on GoPro.

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MoviePass makes deal to acquire Moviefone

MoviePass has acquired Moviefone in a deal between the two services' parent companies, according to a press release. Moviefone got its start in the pre-internet days of 1989, providing information about movies and their showtimes via a toll-free phone number. The dial-in service was shuttered in 2014, but Moviefone has continued to provide showtime and ticket services via its mobile app and website.

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Google sells remains of Zagat brand to The Infatuation

It was reported earlier this year by Reuters that Google may have been looking to sell Zagat—the restaurant reviews guide/service it picked up for $151 million in 2011, if you're unfamiliar. Those unofficial plans appear to have panned out. The Infatuation, a new restaurant guides and reviews company, has just announced that it's acquiring the Zagat brand from Google. 

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Amazon has purchased smart security company Ring for a reported $1 billion

Amazon has just purchased Ring, a company most famous for its smart doorbells. The cost? A reported $1 billion according to Reuters, making this one of Amazon's largest acquisitions in history. Ring will likely be kept as an independent business, though its products will likely see integration with Amazon's own.

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InBrief
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Visual China Group has acquired photography platform 500px

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Pokémon GO developer Niantic just bought an AR backend company called Escher Reality

Pokémon GO is the poster child for augmented reality. Niantic didn't make quite as big a splash with its first AR game, Ingress, but our collective millennial Pokémon-themed childhood ensured that the company's second effort had a very different reception. Now Niantic looks to be making an investment for the future, as it's just purchased Escher Reality, a startup specializing in backend (read: multiplayer) solutions for VR. 

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MX Player reportedly being purchased by Indian media company Times Internet for $200 million

Most of us using Android are probably familiar with MX Player. It's one of the highest rated video playback apps on the Play Store, with a tremendous 100 million to 500 million downloads. According to a report published by The Ken, the app has just been acquired for $200 million by the Times Internet, a large Indian media company. 

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Google bought a U.K. sound startup specializing in haptics and turning surfaces into speakers last year

According to a recent article by Bloomberg, late last year Google sneakily picked up a U.K.-based startup called Redux that was working on some snazzy tech which can turn surfaces—like the screen on a phone or tablet—into speakers, and even provide more focused haptic effects. The precise date of the acquisition isn't certain, but according to Crunchbase, the deal was announced last August. 

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