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acquisition

Salesforce.com scoops up Buddy Media for $689 million

Salesforce.com has officially entered into an agreement to acquire Buddy Media, the companies announced today.

According to enterprise cloud-computing firm Salesforce.com, it will pay $689 million in cash and equity to acquire the social media marketing company, confirming earlier reports that the firms were nearing a deal. The companies expect the deal to close during Salesforce's fiscal third quarter ended October 31.

For Salesforce, the synergy between the companies made the deal. Salesforce currently offers a "social media listening platform" called Radian 6 that the company says, will be vastly improved by Buddy Media's … Read more

Apple picks up Redmatica for audio push, maybe

Apple reportedly has purchased Italy-based music software company Redmatica.

A report from Italian blog Fanpage, and picked up by TechCrunch, says Apple has bought the company, which specializes in audio software tools.

A regulatory filing with the Italian Authority for Communications Guarantees, which was dug up by Fanpage, suggests the deal was approved earlier this week.

CNET has reached out to both Apple and Redmatica for more information, and will update this post when we know more.

Redmatica makes four pieces of audio software, including tools for sampling, editing, and library management. Its primary product is KeyMap Pro, a sampled … Read more

The paradox of Microsoft's Skype acquisition integration

Microsoft paid $8.5 billion for Skype and it's trying to walk a line between leaving the Internet communications service independent and integrating it with its vast array of products.

It's one tough line to walk. The New York Times details Microsoft's integration of Skype so far and the software giant has erred on the side of independence. Skype is developing software for Android, iOS and other services as usual. Ironically, Skype is having issues with Windows Phone.

You see where Microsoft wants to go. Skype for Xbox with cool features. Integration with Windows 8, Lync, Windows … Read more

If Facebook wants Opera, the price just went up

If Facebook wants to buy Opera Software, the Norwegian browser maker's price tag just went up.

After last week's rumors that Facebook was considering acquiring Opera, Opera's stock price leaped 20 percent, or 6.70 Norwegian kroner, to a price of about 41 kroner ($6.83) in trading today.

That gives the company a market cap of $811 million, or as Internet wags would have it with today's exchange rate, about 0.8 Instagrams.

That's a lot of money, even before any premium. And Opera founder Jon S. von Tetzchner, who controls 10.1 percent of its stock through Dvorzak Invest, … Read more

Facebook rumored to be in talks to buy Face.com

Facebook is in negotiations to acquire facial-recognition technology company Face.com, according to a report from Israeli business publication Calcalist (Google Translate).

The social-networking giant is said to be offering $80 million to $100 million, according to a report on Newsgeek.

CNET has contacted Facebook for comment and will update this report when we learn more.

The technology made a splash in 2009 when it released Photo Tagger, a free third-party application for Facebook that uses facial recognition technology to automatically tag photos of people, as well as a recognition-based alert service for Facebook. In 2010, Face.com released an open APIRead more

Stealth startup Airtime raises $25M, buys Erly

Airtime, the video startup founded by Napster duo Sean Parker and Shawn Fanning, announced today that it had closed a second round of funding and had purchased another startup.

The mysterious company raised $25 million, according to a TechCrunch report. The startup also announced the acquisition of Erly, a company founded in 2011 that claims to provide a "new social platform for organizing and sharing your personal content." Terms of the deal were not revealed.

Erly was founded by CEO Eric Feng, a former partner at Kleiner Perkins Caufield & Byers, which led Airtime's round of financing. … Read more

SAP buying Ariba with plans for a cloud super-network

SAP America is looking to develop "the business network of the future" with the acquisition of cloud-based business commerce network Ariba at the price of $45 per share. That rounds out to roughly approximately $4.3 billion.

Each party brings something significant to the table here. Ariba already has the buyer-seller collaboration network, which is intended to compliment SAP's existing customer base as well as its B2B solutions. Thus, this really gives SAP a big push in the cloud space.

SAP will also be bringing its own resources to boost Ariba. For example, SAP is integrating its … Read more

Google officially closes $12.5 billion Motorola Mobility deal

After waiting months for the go-ahead to say so, Google CEO Larry Page today announced that his company now officially owns Motorola Mobility.

Google announced plans to acquire Motorola Mobility for $12.5 billion in August. Upon doing so, the companies had to clear regulatory hurdles to get the deal done. Regulators in both the U.S. and the European Union approved the acquisition back in February, but the companies were forced to wait for China. Over the weekend, China approved the deal, paving the way for Google to close it.

As part of the acquisition, Page announced today that … Read more

Google eyes layoffs in wake of Motorola Mobility buy, report says

As Google prepares to close its acquisition of Motorola Mobility, the company could be considering laying off some Motorola employees, a new report suggests.

According to TechCrunch and its unnamed sources, Google will launch a "listening tour" around Motorola to see what its employees do at the company. Based on that information, Google could decide to lay off some Motorola employees. TechCrunch didn't say how many employees Google might layoff, but did say that the sources believe the decision could come "imminently."

Google announced plans to acquire Motorola Mobility in August for $12.5 billion, … Read more

Google to close Motorola Mobility deal by Wednesday

Google's $12.5 billion acquisition of Motorola Mobility will finally close by Wednesday.

Motorola Mobility announced in a Form-8K filed today with the Securities and Exchange Commission that now that the Bureau of the Ministry of the Commerce of China has cleared Google's acquisition, the companies will finalize the transaction "within two business days."

China announced on Saturday that it had approved the acquisition, making it the last major regulator to give the deal the green light. Both the U.S. Justice Department and European Union regulators approved the acquisition in February.

Google announced plans to acquire Motorola Mobility in August for $12.5 billion, … Read more