Topic: Mergers and acquisitions

Report: Nokia Sells HERE Maps For $2.7B To BMW, Mercedes, Audi Group

According to Bloomberg and CNBC, Nokia has found a buyer for its HERE mapping unit. The company had sought as much as $4 billion for the platform. However, the reported purchase price is roughly $2.7 billion (€2.5 billion). The winning (and perhaps only) bid was made by a German consortium of car manufacturers, which had always […]

Google Maps Hides Search Bar, HERE Struggles To Sell

Google Maps has made some minor changes that improve usability, while Nokia appears to be struggling to sell its mapping service HERE. Google Maps now will hide the search bar on the top and explore bar on the bottom of the map screen to create a larger visual field. One tap causes those bars to […]

Apple Renews Maps Agreement With TomTom, Will It Buy The Company?

Reuters reported this afternoon that publicly traded TomTom is up on news that its mapping-data contract with Apple has been renewed. Rival HERE (Nokia) is currently for sale and may fetch as much as $4 billion dollars. There aren’t many global mapping data vendors available; and there’s a great deal of interest if not competitive […]

Yandex Buys Israeli Geo-Location Platform KitLocate

Yandex announced this morning that it has acquired Israeli startup KitLocate. According to third-party sources, the deal was worth “several million euros.” Yandex will gain and maintain a presence in Tel Aviv though the acquisition. The chief virtue of KitLocate is that it can provide location to apps without using much power unlike GPS or triangulation, […]

Pinterest Beefs Up Its Search Chops With VisualGraph Acquisition

Pinterest is looking to improve search and discovery on its website and mobile apps with the acquisition of a company called VisualGraph. It’s a two-person company and both employees — Kevin Jing and David Liu — are starting at Pinterest today. In a statement confirming the acquisition, Pinterest says the acquisition “will help us build […]

Google Officially Buys Waze, Will Integrate Technologies

Google announced they’ve officially acquired Waze, the popular app based social driven mapping technology. This was expected and the rumors are Google paid $1.3 billion for the Israeli startup company. The big questions are (1) will this acquisition be allowed and if so (2) will Google allow Waze to be an independent product and brand? […]

Will Google’s Expected $1.3 Billion Waze Acquisition Be Allowed?

Early yesterday, Israeli business website Globes.co.il said that Google will acquire social mapping app Waze for $1.3 billion. That report has subsequently been all-but-confirmed by others, including the Wall Street Journal (WSJ), which said the announcement could come this week. The WSJ said that by size Waze would constitute Google’s fourth largest acquisition, assuming it comes to pass. […]

Report: Google To Bid For Waze — To Shut It Down?

According to a just-published Bloomberg report, Google is preparing a bid for Waze. Earlier this month, rumors indicating Facebook was in late-stage acquisition talks with Waze for roughly $1 billion appeared online. Other parties (Apple, Microsoft) may now also be interested in the social mapping service. According to the Bloomberg report: Waze is fielding expressions […]

Rumor: Apple May Buy Crowdsourced Mapping App Waze

Is Apple considering buying Waze? That’s what TechCrunch is saying by way of the rumor mill. If you don’t already know, Waze is a crowd-sourced mapping and traffic app. But it’s also a social community; it’s not that far removed from Foursquare. That’s what makes any potential acquisition here really interesting. There are many local […]

SEOmoz Gets Into Local Search With GetListed.org Acquisition

SEO software provider SEOmoz has announced its acquisition of GetListed.org, a software company offering a popular tool for small business owners looking to improve their local search engine visibility. The purchase price is reported to be about $3 million in cash and stock. As part of the purchase, GetListed CEO David Mihm will be joining […]

Priceline To Buy Travel Search Engine Kayak For $1.8 Billion

Priceline is a public company that owns several other travel brands, including Booking.com, Agoda.com, Cheaptickets.com, Rentalcars.com and a few other travel sites. You can now add leading travel search engine Kayak.com to that list. Priceline announced that it was buying the travel site for $1.8 billion (in cash and stock). Priceline and Booking.com are reasonably strong […]

Yelp Buys Rival Qype For $50 Million To Consolidate Position In Europe

Qype was the European Yelp before Yelp was in Europe. Now Yelp has announced that it is acquiring the company for $50 million in a press release that also shares its “preliminary” Q3 revenue numbers. Founded in 2006 in Hamburg, Germany, Qype operates throughout Western Europe, with the UK and Germany its strongest properties. In […]

SEO

US Yellow Pages Publishers Merge To Form Entity Focused On Local-Digital Advertising

Two of the major US yellow pages publishers and local search providers, DexOne and SuperMedia are merging in an all-stock transaction. After the merger closes, pending a shareholder vote, the combined entity will have 700,000 advertisers, 3,100 salespeople and revenues of roughly $3 billion. The merger was partly dictated by the need to accelerate the transition from traditional […]

In Chomp, Apple Gains A Social Search Engine For Apps

Reported first by TechCrunch last night, Apple has paid a reported (but unconfirmed) $50 million for Chomp and its roughly 20 employees. Chomp offers both iOS and Android apps and a desktop site and is dedicated to solving the problem of app discovery. Chomp can either be described as a search engine for apps or […]

Adobe To Acquire Digital Marketing Agency Efficient Frontier

Adobe has agreed to acquire digital marketing agency Efficient Frontier, which has a strong search marketing practice and technology to manage Facebook advertising. The companies didn’t disclose the terms of the deal. The companies said Efficient Frontier would become a part of Adobe’s Digital Marketing suite, which includes technologies and services it acquired with web […]

Google Acquires Katango ‘Magicians’ To Improve Google+ Circles

Finding it too much hassle to organize your friends and contacts into circles on Google+? Google may have a solution on the way, thanks to the company’s acquisition of Katango. Katango launched this past summer with an iPhone app that automagically organizes Facebook friends through an algorithmic approach that looks at profile information, past interactions […]

Apple Maps Inevitable As Company Acquires 3D Mapper C3

Apple has apparently bought its third mapping company, the Sweden-based C3 Technologies. The company’s site has been taken down. C3 provides 3D mapping (a la Bing Maps or Google Earth) for a number of other publishers such as Nokia (Ovi Maps) and UK directory publisher Yell. (In the wake of this transaction Nokia will probably […]