Cisco announced today it was buying Jasper Technologies, a company that sells an Internet of Things cloud platform, for $1.4 billion. With Jasper, Cisco gets a company that understands the burgeoning Internet of Things market. While IoT is term bandied about quite a bit, it simply means connected machines talking to one another over the internet. This could be industrial automation equipment on… Read More
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Online real estate site Zillow today announced that it has acquired Naked Apartments for $13 million in cash. While the name makes it sound like some kind of kinky cleaning service, it’s actually an apartment rentals platform with a focus on New York City. The acquisition is expected to close in the next few weeks. This marks Zillow’s fifth consumer brand acquisition and the… Read More
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Another European startup exits to an American tech giant. Predictive keyboard app maker SwiftKey, based in London, confirmed today it has sold to Microsoft. Sources put a price-tag of $250 million on the deal, although neither SwiftKey nor Microsoft are confirming a figure. Read More
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Cambridge-based Elemental Machines is a software simulator startup made for the wet lab that hopes to reduce time and costs associated with drug research through data. It uses data gleaned in the lab to improve experimental reproducibility through simulation and Founders Fund (via FF Angel) thought that a novel enough idea to give Elemental Machines $2.5 million in seed funding. Founders… Read More
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Lamudi, a real estate listings site backed by Rocket Internet, is in the money today after closing a fresh investment worth €29 million ($31.4 million) to grow its business in Asia and Latin America. Read More
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Microsoft today confirmed that it has acquired SwiftKey — a startup based out of London that makes keyboard apps for Android and iOS devices and is already installed and used on some 300 million devices. The terms of the deal are not being disclosed but sources close to the deal tell us it’s $250 million in cash after Microsoft beat out other interested buyers, which we’ve… Read More
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Housejoy, the India-based home services on-demand company backed by Amazon, has made its first acquisition after it snapped up on-demand laundry and cleaning company MyWash. Read More
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Well, we sort of expected this one to happen.
After its core Internet business has continued to flounder, Yahoo says it is now exploring “strategic alternatives,” which could imply a number of things — including selling off its core business to another company, as was previously reported.
“The Board also believes that exploring additional strategic alternatives, in… Read More
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Another day, another acquisition from IBM. Today Big Blue has announced that it will buy Aperto, a digital agency based in Berlin. Aperto will become a part of IBM Interactive Experience (“IBM iX”) — one of a number of services that IBM has been building out as part of its new wave of enterprise business. The Aperto news comes literally days after IBM announced that it would… Read More
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Pencil + Pixel wants to use bleeding edge technology to upgrade your digs. Eventually. Called Modsy, the service still isn’t publicly available but the company is today announcing it raised an $8 million Series A to push its mission towards a public launch. Read More
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