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Tag: Mergers And Acquisitions

Marijuana plants in an indoor plantation.

A massive deal in the cannabis industry just imploded after a CEO was fired

Massroots wanted to by CannaRegs for a $12 million stock deal. The deal's off, and MassRoots' CEO was abruptly fired by the board.

Facebook has bought tbh, the anonymous app loved by teens

Tbh allows teens to create anonymous polls. By purchasing the app, Facebook gains another weapon against Snap in the battle for young consumers.

GM bought a little-known startup and suddenly became a dominant force in self-driving cars

Strobe is just the latest very youthful startup to catch the attention of a major automaker.

GM is buying a startup that builds a critical piece of self-driving technology

GM said it would buy Strobe, which uses laser-radar (Lidar) technology to help self-driving cars identify objects at a distance.
Minecraft creator Markus Persson speaks at a Game Developers Conference early on in the game's lifespan.

Microsoft CEO Satya Nadella says the company had the chance to buy Minecraft well before 2014, but passed

In his new book "Hit Refresh," Microsoft CEO Satya Nadella recounts how the company had a chance to buy Minecraft years before the $2.5 billion deal in 2014.
Google CEO Sundar Pichai at last year's hardware event, where the company announced its first batch of self-branded devices.

Google acquires HTC team in $1.1 billion agreement to beef up hardware division

The search giant's move is part of its larger, renewed commitment to hardware.

Meet the 29-year old who was just named CFO of $100 billion giant Kraft Heinz

The Princeton grad has his work cut out for him at the condiment maker.

Google is very close to buying HTC’s smartphone business

This would be the second time Google has bought a smartphone company.

Bumble, a dating app that forces women to make the first move, reportedly turned down a $450 million acquisition offer

Match offered $450 million for the 3-year-old startup about two months ago, but Bumble rejected the offer.

Microsoft just made a brilliant acquisition in the cloud wars against Amazon, Google

Microsoft's acquisition of Cycle will make its cloud business more attractive and give it access to a new group of customers.