mergertech

The E.W. Scripps Co. has acquired WeatherSphere, the publisher responsible for weather apps such as RadarCast, Hi-Def Radar, WeatherAlerts and Lightning Cast for an undisclosed amount. According to a report published by TechCrunch on Tuesday, Scripps made the acquisition to diversify its offerings and will add the WeatherSphere applications to its portfolio alongside its preexisting weather app, StormShield. WeatherSphere CEO Raghav Gupta told TechCrunch he will retain leadership of his team.

According to a press release issued Tuesday, Oct. 7, multinational IT corporation Cognizant Technology Solutions has acquired Cadient Group in an estimated $30 million deal. This technology acquisition by Cognizant is its third this year - the corporation acquired itaas Interactive TV Solutions in April and TriZetto Corp in September.

According to its website, the WeatherSphere brand represents the synthesis of science and simplicity. "We focus on immediate information by providing a collection of applications that are straightforward, reliable, and built with the user in mind." This approach has clearly been successful for the company - more than 3 million people use apps developed by WeatherSphere.

Both TriZetto and Cadient Group's strengths lie in offering healthcare IT solutions, which signals that Cognizant is looking to increase its presence in the healthcare industry, as 26 percent of the corporation's revenue - approximately $2.5 billion of a total of $9.6 billion - was generated by healthcare services in the June quarter, according to the release.

Datalink Corporation announced in an official press release Monday that it would acquire Bear Data Solutions, Inc. The release stated that the technology acquisition "will quadruple Datalink's West Coast revenue base to more than $200 million - up from its projected $145 million this quarter - and expand its Cisco expertise into strategically important new areas," in addition to attracting "1,000 new midmarket and enterprise customers."

Progress Software, a provider of application development tools, announced plans to acquire Telerik for $262.5 million on Wednesday. Telerik, a Bulgarian app development software company that specializes in user interface components, will strengthen Progress Software's ability to offer "exceptional user experiences," according to an official press release published Wednesday.

"The pressure on Ms. Mayer intensified last month, when activist investor Starboard revealed it had taken a stake in Yahoo and sent a letter to the CEO," The Wall Street Journal reports. "In it, Starboard pushed the company to reduce costs, explore a combination with AOL Inc. and consider splitting its core business from the Asian assets."

"The combination of Progress and Telerik will create a comprehensive cloud and on-premise platform offering that enables developers to rapidly create beautiful applications driven by data for any device or cloud. The combined offering will enable developers to create highly personalized user experiences, powerful applications and connections to multiple data sources without being limited by cloud or device."

Whether you are preparing to sell your own company, or buy a organization in a organized way, mergers and acquisitions need to make sure that the end result is an effective and successful deal for everybody engaged.

Maker currently operates a network of 60,000 online channels that feature content from a wide variety of categories. It also works with some of YouTube's most popular personalities to help them get their videos to a wider audience. The company has already attracted many high-profile investors including Time Warner and Canal Plus.

XO Group is the owner of several female-focused websites including The Knot, The Bump and Wedding Channel. As a part of the technology acquisition, XO agreed to hire five of Gojee's employees including co-founders Mike LaValle and Tian He. The site will continue running and will target the same demographic of young women.

At the press event, Lithium CEO Rob Tarkoff said that the purchase was not about obtaining another asset, but rather redefining the structure of the company. Lithium provides companies tools to build online communities for their customers. Klout is best known for its scores of an individual's influence in social media.

XO Group is the owner of several female-focused websites including The Knot, The Bump and Wedding Channel. As a part of the technology acquisition, XO agreed to hire five of Gojee's employees including co-founders Mike LaValle and Tian He. The site will continue running and will target the same demographic of young women.

It can be a cost-effective option for many companies to turn to online training courses to handle some of their employee training needs. For this reason, some companies that provide these services are growing and expanding. One such company is Salt-Lake City based provider of online training services, PluralSight, which has recently announced the acquisition of Digital-Tutors in a $45 million deal, according to PluralSight's website and reported by TechCrunch.

Although talks of a potential merger between Flipkart and Myntra began back in January, it has been reported recently that the companies are now close to closing a deal. According to TechCrunch, the companies are in the last stages of the deal, with Myntra valued at $330 million and Flipkart valued at approximately $2.5 billion.

With the acquisition of Myntra, Flipkart could be in a position to present serious competition to major e-commerce players like Amazon and Snapdeal. However, people close to the company told TechCrunch that the deal could be experiencing delays because of jurisdiction issues, meaning it could be a month or more for the deal to be finalized.

The largest digital coupon marketplace in the world, RetailMeNot, Inc., has announced the acquisition of Pickie, an iPad app that allows users to create personalized fashion and retail magazines, according to TechCrunch.

Zebra Technologies makes printers for receipts, RFID, barcodes and kiosks. The company has already worked with Motorola Solutions for years, according to TechCrunch. This acquisition strategy will allow the two companies to join forces and continue providing the services they have previously worked on together. Previously, Motorola Solutions' handheld scanners were used to scan codes manufactured by Zebra Technologies.

At the press event, Lithium CEO Rob Tarkoff said that the purchase was not about obtaining another asset, but rather redefining the structure of the company. Lithium provides companies tools to build online communities for their customers. Klout is best known for its scores of an individual's influence in social media.

On the heels of its acquisition of the messaging service WhatsApp, Facebook recently announced that it will pay more than $2 billion for Oculus VR, a virtual reality gaming startup. The social networking site will pay $400 million in cash along with 23.1 million shares of Facebook common stock, valued at $1.6 billion.