Tech giant Microsoft has recently acquired Acompli, a mobile email platform that currently is not compatible with Microsoft hardware. What does this say about CEO Satya Nadella? That he is a forward thought-oriented decision maker who is willing to take steps to see the company adapt into the 21st century. Yesterday Microsoft spent $200 million […]
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Taylor Consulting Eyes Permian Basin
Even with dropping oil price per barrel across the globe, drilling in the shale-oil area of the Permian Basin still proves profitable. Taylor Consulting (TAYO) will be finalizing a real estate deal in order to acquire land in the shale-oil rich region of Texas. The acquisition target is 10 acres located in Tye, Texas, a […]
Encana Will Purchase Athlon Energy
According to a recent Wall Street Journal article: Encana Corp. has agreed to acquire Athlon Energy, a Texas based, shale-oil producer to the tune of $5.93 billion USD. Encana is a Canada based firm that will help their position within the state of Texas with this purchase. While mainly operating within the natural gas sector, […]
Dollar Store Struggle
The $8.9 billion offer by Dollar General to take over Family Dollar was rejected late August foreshadowing a long ordeal ahead. The latter mentioned dollar store company has concerns over the sale due to possible anti-trust issues. With a complete sale of ownership to Dollar General, the transaction would come into serious scrutiny by regulators. […]
Cerner Acquires Siemens Health IT Business
Cerner, which provides electronic health records, is set to acquire the healthcare information technology business off of Siemens at the tune of $1.3 billion. The valuation comes from just over one times the sales of the Siemens division. Neal Patterson, the head of Cerner, is looking forward to what it can provide to his already […]
Facebook is Buying Oculus VR
The social media giant Facebook announced in a blog post that is planning to buy Oculus VR for $2 billion. The deal will include $400 million in cash and 23.1 million shares of Facebook stock. Oculus VR is the company that made Oculus Rift, a virtual reality headset. Mark Zuckerberg, Facebook’s CEO, revealed his reasons […]
Hewlett-Packard May Be Getting Back Into the Acquisition Market
Hewlett-Packard, an American multinational information technology company, has not completed any business acquisitions since December of 2011 when the company bought Hiflex, a German cloud printing company. However, Meg Whitman, who became the CEO of Hewlett-Packard in October of 2011, is saying that the company could be looking into some business acquisitions in the very […]
Facebook Buys WhatsApp
Facebook’s $19 billion acquisition of mobile messaging service WhatsApp is the company’s largest acquisition and translates to approximately 11 percent of Facebook’s market value. The deal is larger than any acquisition completed by Google, Microsoft or Apple, with Google’s biggest deal being a $12.5 billion purchase of Motorola Mobility and Microsoft’s biggest deal with Skype […]
$3.2 Billion Gets Google Into the World of Home Automation
Google’s latest acquisition of Nest, a company that creates home automation technology, indicates that the company is starting to agree with the “Apple vision,” which believes technology companies should create hardware and software solutions in addition to an online platform. Google has wanted to get into the market of “connected home”-type systems for a while, […]
Consumer Electronics Show Highlights
2013 was a big year for electronics and it seems like 2014 will only continue to impress. According to an article on The Economic Times website, here are some highlights from the Consumer Electronics Show in Las Vegas last week. Curved televisions and smartphones. I had previously wrote a blog post about Samsung’s new design of […]