Tag - Acquisition
TiVo, the manufacturer of TV set-top boxes, has agreed to be acquired by another company that is also quite big in the digital video recorder business. Rovi will be paying $1.1 billion, made up of approximately $277 million in cash and the remainder paid in stock, to acquire the DVR producer, with the deal apparently being seen as a way for Rovi to significantly increase its patent catalog by including TiVo's collection to the pile.
[Updated with confirmation] Microsoft is reportedly acquiring the producer of a popular predictive keyboard used on mobile devices. The software giant is allegedly preparing to announce an acquisition of the London-based SwiftKey, producers of the software keyboard of the same name, with the acquisition claimed to cost Microsoft somewhere in the region of $250 million, providing founders Jon Reynolds and Ben Medlock at least $30 million.
Apple has apparently taken advantage of its sizable cash pile and a fortuitous opportunity to acquire an 86-acre site in northern San Jose for future development purposes, though it does not presently have firm plans for the location. In a deal with the city, Apple has up to 15 years to figure out what to do with the 4.15 million square feet of space. A likely option is that Apple will eventually build a third campus and office complex to house its growing workforce, which is currently spread out among many leased or rented spaces in the region.
Another acquisition by Yahoo was announced late last week, building on a long string of pick-ups under the leadership of CEO Marissa Mayer. The newest company coming into the Yahoo fold is Cooliris, a developer known for its mobile photo-aggregator application Cooliris for Mobile and the recently launched BeamIt Messenger.
Fans holding out for a Minecraft 2 after the Microsoft acquisition of Mojang could be in for some disappointment. In a podcast recording last week, Microsoft's Head of Xbox Phil Spencer said that he doesn't believe that a second version in the franchise make sense. Even though the brand has room to grow, meeting the needs for the community is currently the most important job.
Yahoo is quickly putting the money it earned from the Alibaba IPO to work, as it was announced last week that the search company acquired social texting service MessageMe. Details of the acquisition weren't announced, but according to the confirmation from MessageMe, the deal appears to be negotiated strictly for the talent behind the platform.
In a move that strengthens its multi-passenger Lyft Line ride service, Lyft has acquired the San Francisco-based Hitch. The ridesharing service boasted a price less than its competitors, including Lyft, while focusing on the social experience and personal connections of the ride. Complete details of the acquisition weren't stated by either company, but Hitch co-founders Snir Kodesh and Noam Szpiro will be joining Lyft.
One of Apple's routinely-unpublicized acquisitions this year was magazine-app creator Prss. The firm, which created software that makes it easy to create magazine apps (and more importantly, to dynamically refresh them with silent updates), shut down this July -- and some of the former employees now appear to be working at Apple, according to Dutch enthusiast site iCulture. The iPad maker recently confirmed the acquisition.
Yahoo's stream of acquisitions doesn't appear to be slowing down any time soon, as a new pick up was reported today. The Economic Times and the Times of India are both reporting that the one-year-old startup Bookpad was purchased by the search company. TechCrunch confirms that Yahoo purchased Bookpad after a spokesperson issued a statement to the publication.
Adobe announced that it acquired a developer of software development kits (SDK) for photo-editing and third-party mobile software. Aviary's SDKs are to be folded into the Adobe Creative SDK, which the company is building as a development platform for mobile apps. Terms of the acquisition were not given, but Aviary was privately held.
Now AAPL Stock: 98.92 ( + 1.02 )
Kanex GoPower USB-C charges MacBook
Accessory maker Kanex has introduced a new GoPower model of battery pack featuring both a traditional USB port for charging smartphones and tablets as well as a USB-C port. The new 15,000mAh model offers enough power to fully recharge a 12-inch Retina MacBook, which uses the USB-C port for power, or an iPad Air 2 one and a half times, an iPad mini 4 around 2.5 times, an iPhone 6s Plus approximately 4.4 times over, and an iPhone 6s up to seven times over. The unit, which sells for $100 from Amazon or Kanex directly, outputs 5V at 3A on its USB-C port, and 5V at 2.4A on the USB-A port, and features pass-through charging and priority charging detection technology. http://amzn.to/25lMwD0
Google Paris HQ raided by investigators
Google's Paris headquarters has been raided by dozens of French police. The Tuesday raid was part of an ongoing investigation into possible tax-avoidance practices, stoked by widespread dissatisfaction with the way multinationals like Google are structuring their business operations. Although trading in many countries around the globe, Google reports its international sales only in tax-friendly Ireland, similar to a practice adopted by Apple. According to French law, if it completes any of its sales contracts in France and not Ireland alone, it could be in breach of its laws. Google, for its part, denies any wrongdoing, and said that it is fully compliant with French law. http://reut.rs/1Udk2T9
Apple TV extends universal search to NBC
Apple has extended its universal search function on the Apple TV to now include NBC shows in its results, provided the user has installed the NBC tvOS app. The search results can be generated either through Siri, or through the Search app, and includes support for searches by title, genre, and actor, among other queries. NBC joins CBS, more recently, among other channels including: Disney Channel; Disney Jr; Disney XD; FOXNOW; FXNOW; HBO GO; HBO NOW; Hulu; Nat Geo TV; Netflix; PBS; PBS Kids; SHOWTIME; SHOWTIME Anytime; Starz, and Watch ABC, all of which are supported by universal search. http://apple.co/25lGi5R
Comixology fires up $6 all-you-can-read service
Amazon-owned Comixology has launched an all-you-can-read comic subscription service. After a 30-day free trial, for $6 a month, subscribers can draw from a large selection of the Comixology library, minus Marvel and DC comics. For now, the service is US-only. http://bit.ly/1WMAOft
QuarkXPress 2016 now shipping
Quark is now shipping QuarkXPress 2016, the newest version of Quark's graphic design and desktop publishing software that now features near-WYSIWYG fixe HTML5 publishing as well as improved operability with InDesign and Illustrator and support for multi-Color Gradient Blends, OpenType Stylistic Sets, a Color Picker (Eyedropper tool), Touchpads for Pinch and Zoom (Mac only) and more. Users on any previous version of QuarkXPress (versions 3-10) can upgrade to version 2016 for $350, while QuarkXPress 2015 users can upgrade to 2016 for $180; new licenses are available for $850 (education licenses are available for $90). http://bit.ly/1OL23Pu
Kanex debuts GoPower USB-C for MacBooks
Kanex today introduced its GoPower USB-C, a portable power solution designed to charge a USB-C MacBook on the go along with an iPhone or iPad simultaneously. Featuring 15,000 mAh of power--capable of charging an iPhone 6s seven times or the USB-C MacBook one full time--the GoPower USB-C Portable Battery features one 3A USB-C port and one 2.4A port for other devices, priority charging detection technology and a pass-thru charging to your devices when the battery is plugged into a power source. http://bit.ly/1TKaf8z
i.am+ EPs earphones are Apple Store exclusive
Musician turned consumer electronics entrepreneur Will.i.am has launched a new pair of Bluetooth wireless earphones, dubbed the i.am+ EPs. The new earphones are an Apple Store exclusive, and feature large 14mm drivers and aptX support for high-quality wireless streaming. The i.am+ EPs support A2DP controls, have a 30-foot range and can last up to six hours on a charge. The design is said to be inspired by the "iconic shape of vinyl records," and are made from spun metal and paired with a woven fabric cord. When not in use, the EPs magnetically click into place around the neck. The iam+ EPs are available now at select Apple Store and Apple.com for $230, are available in gold-on-black or black-on-black. http://bit.ly/1OKVlt2