Tag Archives: acquiring

Why Amazon is acquiring Roomba

Why Amazon is acquiring Roomba

Amazon’s (AMZN) Alexa-powered empire is about to get a lot larger. The e-commerce and smart home giant announced Friday that it is purchasing Roomba maker iRobot (IRBT) for $1.7 billion. The move means that Amazon’s collection of connected devices will soon include everything from intelligent vacuums to air purifiers. It also comes at a time when Amazon is working to move its Alexa-enabled devices from stationary objects like smart speakers to mobile machines that can follow you… Source link

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Why Amazon’s acquiring this health care company for $3.9 billion

Why Amazon’s acquiring this health care company for $3.9 billion

Amazon (AMZN) announced today that it would acquire subscription health care provider One Medical for $3.9 billion. The deal marks one of Amazon’s most high-profile pushes into health care to date. So, why One Medical? To start, One Medical — which was founded in 2007 and focuses on so-called concierge primary care — was on the market. The company had reportedly been fielding takeover interest from giants like CVS (CVS). One Medical’s $199 annual subscription offers 24/7 access to… Source link

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Why Square acquiring Afterpay ‘makes a lot of sense’

Square (SQ) is acquiring Australian buy now, pay later (BNPL) company Afterpay for $29 billion in stock, signaling that the digital payments company is entering the installment payment market. “This deal makes a lot of sense for Square, especially insofar as it enabled the company to expand significantly, both in terms of product line and globally by using its stock as an acquisition currency,” BTIG Managing Director Mark Palmer said on Yahoo Finance Live (video above). Square is a brainchild… Source link

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Google Was Interested In Acquiring This Short Video Startup. Now, They’re The “Decentralized TikTok”

Firework is the brainchild of co-founders Vincent Yang and Jerry Luk, that officially launched in … [+] 2017. Firework App Serial entrepreneur Vincent Yang envisioned his next project after a trip in China. An app called Douyin had exploded in the country and offered users compelling short form video. He wanted to create a similar experience for American users.  He knew that ByteDance, the parent company of Douyin, had acquired an app called Musical.ly in 2017, and had… Source link

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Microsoft, Google, and Qualcomm are reportedly nervous about Nvidia acquiring Arm

Microsoft, Google, and Qualcomm have been raising concerns to regulators about Nvidia’s Arm acquisition, according to reports by CNBC and Bloomberg. The companies have approached regulators in the US, EU, UK, and China, reportedly with concerns that Nvidia could change how Arm licenses out its chipmaking technology. Nvidia has pledged that it won’t use its control over the company to change how it interacts with other businesses. Writing to the Financial Times, Nvidia CEO Jensen… Source link

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