Tag Archives: acquire

Combined Company to Operate as Edgio, Delivering Significantly Increased Scale and Scope with Diversified Revenue Across Products, Clients, Geographies and Channels and an Expanded Total Addressable Market of $40 Billion Yahoo to Receive All Stock and Will Invest $30 Million Demonstrating Conviction in Combined Company’s Growth Plans; Will Own 31.9% of Pro Forma Company and Appoint Three Directors The Strategic Spinoff Delivers Enormous Value and Opportunity for Yahoo as Edgio Scales… Source link

Every Friday, The Verge publishes our flagship podcast, The Vergecast, where we discuss the week in tech news with the reporters and editors covering the biggest stories. The biggest news in tech this week was Microsoft acquiring game publisher Activision Blizzard for $68.7 billion. On today’s Vergecast, Verge editor-in-chief Nilay Patel talks with games reporter Ash Parrish and senior reporter Alex Heath about the acquisition, the issues behind the culture at Activision Blizzard, and… Source link

Russian internet search engine Yandex plans to acquire ADV-Service, reports Comnews.ru. ADV-Service is the creator of the eLama tech platform, which will be used to carry out advertising campaigns on Yandex.Direct, Google Ads, Facebook, VKontakte and other systems. Analysts said the acquisition is worth USD 2-3 million. Source link

(Bloomberg) — DraftKings Inc. agreed to buy Golden Nugget Online Gaming Inc. in a deal valued at about $1.56 billion, expanding the fantasy-sports giant’s presence in the hot market for online betting. DraftKings expects use the combined resources to boost sales and market share, yielding $300 million in savings from overlapping costs and creating new cross-selling opportunities, the companies said Monday in a statement. The deal, which has been approved by both companies’ boards, is… Source link

(Bloomberg) — Zoom Video Communications Inc., whose online conferencing services took off during the Covid-19 pandemic, agreed to acquire Five9 Inc. for $14.7 billion, using its surging stock to expand into an adjacent market that could bolster revenue as lockdowns end. The value of the all-stock offer is $200.18 a share based on the closing price for Zoom’s common stock on Friday, compared with Five9’s $177.60 price on Friday, the companies said a statement Sunday. The target firm will… Source link

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MOSCOW, May 31. /TASS/. Yandex will buy and then integrate online clothing store KupiVIP into Yandex.Market, the company said in a statement. According to the statement, the deal will allow Yandex.Market to accelerate its entry into the clothing, footwear, and accessories market thanks to its well-established infrastructure, supplier base and long-term experience of the KupiVIP team. It was noted that at first Market and KupiVIP will work and develop in parallel, but gradually the services… Source link

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Yandex said on Thursday it had agreed to buy mid-sized bank Acropol for 1.1 billion roubles ($14.8 million), a move that will secure a banking licence for the Russian internet company so that it can develop financial services. Yandex has sought a means to develop its fintech offering after its split from a joint venture with state lender Sberbank last summer meant it ceded control of e-payment service Yandex.Money. In October, a $5.48… Source link

Share Tweet Share Share Share Email Even amid a crackdown on tech acquisitions, Google has managed to win European Union approval for its $2.1 billion purchase of fitness tracker Fitbit, according to Bloomberg. The move comes as regulators in the EU are looking at ways to keep U.S. Big Tech companies from over-extending their dominance of the markets. According to the EU, Google’s pledge to keep access for rival health and fitness apps and device makers for the next decade cinched the decision… Source link