NetSuite was Oracle’s largest acquisition in more than a decade. It was also the largest SaaS acquisition to date.
When Sprint (S) previously attempted to merge with T-Mobile (TMUS) during the Obama administration, regulators indicated that they wouldn’t entertain such a consolidation.
Verizon (VZ) agreed to acquire Yahoo! for $4.8 billion in cash on July 25, 2016. However, that deal has been in limbo since Yahoo!’s recent data breach reveal.
A jury recently slapped Facebook with a $500 million bill because its virtual reality subsidiary, Oculus, allegedly infringed on the copyrights of ZeniMax, a game developer.
In sync with IBM’s Strategic Imperatives In the previous part of this series, we discussed IBM’s (IBM) acquisition of Agile 3 Solutions. According to IBM, Agile 3 Solutions marks the…
Over the years, IBM (IBM) has aggressively resorted to acquisitions to not only record growth but also to strengthen its presence in the rapidly growing cloud, security, AI (artificial intelligence), and machine learning spaces.
If Verizon shaves $1 billion from the price it was to originally pay for the Yahoo! acquisition, the deal would be worth less than the $4.4 billion that Verizon paid for AOL in 2015.
Verizon (VZ) seems to be getting Yahoo! at a discount, paying only $4.8 billion for its core assets.
T-Mobile (TMUS) is paying a one-year Hulu bill for customers who defect from rival AT&T (T), following a special promotion that launched in December 2016.
Verizon appears to be interested in acquiring Charter Communications (CHTR), one of the leading pay-TV and broadband providers in the US.
In January 2017, Sprint (S) moved to acquire 33% of Tidal, an artist-owned streaming music service used by ~3 million paying subscribers in more than 52 countries.
Reforms could give way to telecom merger During Sprint’s (S) recent fiscal 3Q16 (the quarter ended December 2016) earnings conference call, Sprint’s management stated that “further consolidation among the smaller…
After the unconventional acquisition of Opentable, Momondo was a logical addition as it adds to the travel database of Kayak’s existing portfolio.
Year-to-date through February 23, 2017, Priceline (PCLN) stock has risen 11.7%, outperforming rivals Expedia and TripAdvisor (TRIP).
With its metasearch brands—Kayak, Momondo, and Skyscanner (through Ctrip)—Priceline seems to have a larger share of the pie, leaving little on the table when Expedia goes shopping.
Momondo is estimated to have generated $125 million in revenues for the last 12 months, which means a price-to-sales multiple of 4.4x.
Earlier this month, the Priceline Group (PCLN) signed a deal to acquire Momondo Group. Priceline will acquire all outstanding shares of Momondo for $550 million in an all-cash deal.
Verizon (VZ) is close to a revised deal to buy Yahoo’s core Internet business for about $300 million less than the original price of $4.8 billion.
Targeting user experience space So far in this series, we’ve discussed what to expect from Salesforce’s (CRM) upcoming fiscal 4Q17 earnings announcement. Let’s discuss the company’s recent buyout of Sequence.…
Broadcom’s acquisition strategy Broadcom (AVGO) has significantly increased its scale and almost doubled its revenue by adding seven businesses to its existing portfolio of 12 businesses. It is now acquiring…