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The European Union won’t stand in the way of Intel’s proposed $7.68 billion acquisition of security firm McAfee, though the chip maker did have to promise it wouldn’t engage in any shenanigans, InformationWeek reports. Specifically, Intel had to promis…
A senior exec at Microsoft admitted that the rowdy bunch from Redmond did actively try to scoop up mega social networking site Facebook, confirming reports that first appeared in David Kirkpatrick’s book, “The Facebook Effect,” TechCrunch reports.
“Yea…
In some alternate universe, perhaps Western Digital is able to acquire Seagate and instantly more than double its hard drive sales. But in this one, Seagate ultimately scoffed at WD’s takeover proposal, or so that’s the story “two people with knowledge…
As was rumored over the weekend, Amazon today confirmed it has reached an agreement to acquire Quidsi Inc., the parent company responsible for Diapers.com and Soap.com.
“I’m not sure which is more unpleasant — changing diapers, paying too much for the…
Oracle hasn’t been one to shy away from pricey acquisitions, and lest anyone forget that, the firm just announced plans to spend $1 billion in cash acquiring Art Technology Group, a provider of eCommerce software and on-demand commerce optimization app…
The mega-billion entity known as Facebook has scooped up most of Drop.io’s technology and assets, the file sharing firm announced in a blog post. Sam Lessin, the head of Drop.io and also a former Harvard student (just like Mark Zuckerberg), is making t…
Spotify wants to the set the record straight. No matter what you’ve read, the streaming music service isn’t about to become another notch in Apple’s acquisition belt, a Spotify spokesman said.
The rumor first began when TechCrunch reported an anonymous…
Shares of Seagate stock skyrocketed 21 percent in after-hours trading after the hard drive maker disclosed it had been approached about going private.
“Seagate Technology announced today that it has received a preliminary indication of interest regardi…