864 posts and columns on acquisition
Buh-Bye From AllThingsD! More Staff Highlights: Fried, Goode and “Everyone Likes Mike” Isaac.
Parting is such sweet sorrow.Sweden’s Klarna Buys Germany’s Sofort for $150 Million to Solidify Pan-European Payments Network
Tying up the German market.News Byte
Yahoo Snags DreamWorks-Incubated Mobile Video App Ptch
Ptch, a mobile photo and video editing app that was created by a team spun out of DreamWorks, is shutting down so it can become part of Yahoo, the company told users today (co-founder Ed Leonard was already back at DreamWorks). Over the years, Yahoo has bought various video editing startups, including Jumpcut and more recently Qwiki. Ptch closes down Jan. 2.News Byte
Yahoo Completes $1.25 Billion Offering
In a regulatory filing, Yahoo said that it completed its previously announced offering of $1.25 billion in convertible senior notes due in 2018. The Silicon Valley Internet giant said it would use the net proceeds for a number of corporate purposes, including “acquisitions or other strategic transactions, additional repurchases of common stock and working capital.”Katie Couric Deal to Become Yahoo’s “Global News Anchor” Set to Be Announced Monday
It looks like the deal that AllThingsD wrote about in August is finally happening.News Byte
PasswordBox Buys Legacy Locker
PasswordBox, the password management tool that recently raised funding, has acquired Legacy Locker, a five-year-old service that allows people to store an encrypted page of passwords and important documents to share with loved ones when they die. One interesting part of the deal (terms were not disclosed) is that all info from Legacy Locker accounts will be deleted, as it was deemed unwise to port an encrypted database. Users will have the option to reregister for the service as part of PasswordBox.News Byte