Will HP Steal Sybase From SAP?

Is SAP paying too much for Sybase? Some have argued that $65 per share in cash–56 percent above Sybase’s Tuesday closing price–is a bit dear for a company whose stock hasn’t really topped $50 since the mid-’90s. But SAP likely has a very good reason for offering it: Preempting a rival bid from Hewlett-Packard, which, according to Cowen analyst Peter Goldmacher, can’t afford not to buy Sybase.

Break Media Makes Another Gaming Move, Acquires FileFront Networks

Last month, dudecentric network Break Media announced plans to start developing its own lightweight Web games. FileFront comes at gaming from a different perspective–it works hand-in-hand with the big-budget videogames for the likes of the Xbox 360 and the PS3.

And if You Think $550 in Nexus One Early-Termination Fees Is Bad, Just Wait Until Verizon Gets Involved

Caveat emptor: Purchase a subsidized Nexus One from Google and you’ll pay dearly if you cancel service early. According to the device’s terms of sale, the search company charges an “equipment recovery fee” of $350 in the event users cancel service before 120 days have passed. This, in addition to the $200 in early-termination fee that carrier T-Mobile assesses.
android_$$

Microsoft Slurps Up Opalis

Evidently, Microsoft is back in a buying mood. Yesterday, the company announced plans to acquire health-care software outfit Sentillion. And now Microsoft says it plans to buy Opalis Software, a maker of data center management software.
acquisitions_phag_thumb

Friendster’s Cautionary Tale Ends in $100 Million Sale

There aren’t a lot of start-up stories in which a nine-figure sale is considered a bummer, but this is one of them: Friendster, the site that once defined social networking, has been sold to Malaysia’s MOL Global at a fraction of its old value.
armadillos one hit wonders web

Google’s Checkbook Opens Up Again, This Time for Collaboration Start-Up AppJet

Google, which has bought five companies in five months, just made it an even half-dozen: The company has snapped up AppJet, an online collaboration start-up run by veterans of the search giant. That’s CEO Aaron Iba on the right, in a photo presumably taken after the deal closed.
Aaron Iba

Google Buys Ad Optimizer Teracent

Google’s acquisition spree continues: The company has bought Teracent, a start-up that customizes online ads on the fly. BoomTown reported in September that Google was interested in the San Mateo, Calif.-based company, which is filled with veterans of…Yahoo. No purchase price disclosed, but I’m fairly confident this was in the sub-$50 million category.

Skype Actually a "Voice Over IP Litigation" Service

What a costly blunder Skype has proven to be for eBay. A $2.6 billion purchase price. A $1.4 billion asset impairment charge. Missed financial targets. And now this: eBay’s plans to spin off Skype next year are being threatened by a legal dispute over the telephony service’s underlying technology.
skypeerror

Skype Actually a “Voice Over IP Litigation” Service

What a costly blunder Skype has proven to be for eBay. A $2.6 billion purchase price. A $1.4 billion asset impairment charge. Missed financial targets. And now this: eBay’s plans to spin off Skype next year are being threatened by a legal dispute over the telephony service’s underlying technology.
skypeerror

Happy Chat: Paltalk Buys Back Its Shares From Softbank, at a Premium

Here’s a funding story you don’t see often, recession or no: A start-up buying back its shares from its venture capitalist, at a premium. But that’s the transaction that video-chat firm Paltalk and Softbank have completed. Paltalk, which sold off 20 percent of its equity to Softbank for $6 million in 2004, has bought the shares back. No one has spelled out a purchase price, but I’m told the deal will be considered a “single” for Softbank–it gets its capital back, plus a return–which in this economy ought to be a home run.
paltalk-image

Requiem for an Economy