Twitter Turns Down a $500 Million Offer from Facebook
Twitter has reportedly turned down a $500 million acquisition offer from Facebook on 24th Nov 2008. Twitter executives believed it was worth taking a shot at creating their own revenue-generating system before giving up the company to acquisitions. And, BoomTown’s sources say that the $500 million [...]
California based company McAfee has made a deal to acquire ‘Secure Computing’ for an amount of $465 million in cash. This deal will put them ahead of Symantec inc in terms of enterprise network security. McAfee will be paying $5.75 per share OR $413 million for the publicly traded company. The preferred stocks of Secure [...]
In a deal valued at nearly half a billion dollars, Microsoft announced on May 9 that it has bought a minority equity stake in CareerBuilder.com.
The purchase agreement requires CareerBuilder to pay MSN up to $443 million over seven years, based on the traffic that MSN delivers. In another separate agreement, MSN announced that they have [...]
Google Inc. has signed a letter of intent with Kevin Rose to purchase the social news site Digg.com for around $200 million, tech blog TechCrunch reported.
In contrast to Google News, where the stories are selected by computer algorithm, Digg’s news stories are submitted by users and ranked according to user approval ratings. It is known [...]
Google plans to make an unspecified number of job cuts at DoubleClick Inc following the closing of its $3.1 billion acquisition of the advertising technology company.
“An immediate task we’ll undertake over the next few weeks is matching and aligning DoubleClick employees with our organizational plan for the business,” Google said in a blog post.
“As with [...]
Sun Completes Acquisition of MySQL
On Tuesday, February 26, Sun announced it completed the acquisition of MySQL, the world’s most popular open source database
The billion dollar acquisition makes it the largest open source software deal ever and makes Sun the owner of a critical part of the popular LAMP (Linux Apache MySQL Perl/Python/PHP) open source software [...]
