Browsing Tag

acquisition

Yahoo Finally Acquires Tumblr For $1.1 Billion

We have been hearing for a while that Yahoo was in the process of trying to finalize an acquisition deal with Tumblr. It now seems that the deal has finalized and Yahoo has bagged the social media giant for $1.1 billion. The company promises that it would not 'screw up' Tumblr as a result of the acquisition.
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Mercury Active Acquired Mobile Game Developer Riptide Games

Riptide Games is a next-gen mobile game developer based in Ottawa, Ontario, Canada. Riptide makes My Pet Zombie, Spin O Rama! and many more games by creating entertaining experiences across all mobile platforms. But lately, Canadian digital entertainment company Mercury Active, a subsidiary of independent animation house Mercury Filmworks, has…
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Nokia Acquiring Imaging Tech Firm Scalado

Mobile phone giant Nokia has announced that they plan to acquire world-class imaging specialists and intellectual property from Scalado AB. Both companies have confirmed the news through press release, though details of the financial deal hasn't been revealed. Nokia is working on making robust phones with high-end imaging technology. This…
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