Atlassian and Trello might not be household names, but they're increasingly big players in the tech sector. Trello runs a popular project management platform, and Atlassian makes a variety of business/developement software and services. Now, Atlassian has bought Trello for a healthy $425 million. If you're keeping score, that's 0.425 Instagrams. Read More
Google pushed back the release of Android Wear 2.0 a few months ago, which is currently expected to debut in early 2017. There's been a great deal of uncertainty about the future of the platform, but Google isn't giving up. In fact, it just acquired a company (founded by former Googlers) that created a smartwatch OS. It's called Cronologics—or rather it was. The company is being absorbed entirely by the Android Wear team. Read More
After a previous deal fell through, Opera has reached an agreement to sell the mobile and desktop browser portion of its business to a group of Chinese companies for an estimated $600 million. Opera will retain its advertising business in a bid to avoid a long regulatory holdup. Read More
Look at your smartphone. Odds are very, very good that it's running a chip with ARM-designed components, or at least the ARM instruction set. UK-based ARM Holdings has become an integral part of mobile computing, and Japan's SoftBank wants a piece of that. The companies announced today that SoftBank will acquire ARM Holdings for about $32 billion. Read More
Google has shown a lot of interest in computer vision over the last few years. You need only look at the way it digs around for similar images in Google search and identifies specific objects in your uploaded photos. It can always be better, though, so Google has purchased a French company called Moodstocks that specializes in image recognition. Read More
These days, GoPro is the king of the hill for action and aerial photography. Sure, you could wrap some tape around your phone and send it up on a quadcopter or toss it into a sandwich bag and hope it doesn't spring a leak at the bottom of the pool, but those are terrible ideas—seriously, don't try them. Since you won't be putting your phone (or tablet) through near certain destruction, why not use it instead to edit those great videos? GoPro announced that it has acquired popular mobile video editing apps Replay and Splice. Both apps are currently iOS exclusives, but the company has plans to bring them to Android later this year. Read More
Fossil makes things you can wear, Misfit wears things you can wear. Fossil wants to make smart wearables, Misfit makes smart wearables. Fossil does fashion, Misfit does fashionable gadgets. If it sounds like a match made in heaven, then you know what the two companies were thinking when they brokered a deal to make Misfit part of Fossil's corporate portfolio.
The purchase is valued at $260 million, no small bet on the part of Fossil on the legitimacy of both Misfit and the smart wearable market in general. Fossil had until now only just begun treading into this area, releasing an activity tracker and forging some partnerships with bigger players. Read More
Oh, Opera. You've been around for a long time (considerably longer than Android or Google, in fact) but aside from a great showing back in the J2ME days, you've never managed to break into those competitive browser markets. The latest financial figures and projections, as reported by Reuters, don't look particularly good for the Norwegian software company. Though Opera Software's revenues grew in the second quarter, they didn't meet analyst expectations, and adjusted earnings missed the target by a factor of $1.6 million. The projection for total 2015 revenue has been cut from $630-650 million down to $600-618 million.
If all those numbers make your head spin, just know that they're not good. Read More
Nokia, in their continuing withdrawal from the mobile phone and software industry, appears close to selling off their best remaining asset in that market: HERE Maps. According to a report by Bloomberg, Nokia will sell their mapping technology and know-how to Germany's three biggest automakers, BMW, Audi (owned by Volkswagen), and Mercedes-Benz. Though they typically compete against one another, each shares common concerns about Google's market position and privacy policies.
The report estimates the asking price of HERE to be nearing $4 billion USD, though the final offer may be closer to $2.5 billion. While that sounds like a big number, HERE is a product of Nokia's acquisition of NAVTEQ for $8.1 billion in 2008. Read More