October M&A
success list came a bit later, anyway some great deals took place in many
companies. What I’m thinking about is - calling 2014 a “Google Year” for its
acquisition-driven strategy. I’ve been tracking the most important technology
acquisitions since January and can say that no other company had so many deals
during almost a year.
All the deals
are purpose-driven in their own way, but no one can prove their success with
the new companies. Let’s hope that all the startups will find a better
settlement and a better potential with the world’s giants.
Here are my top
picks from the last month:
October 4 - Yahoo Acquires Mobile Messaging App MessageMe
Yahoo has acquired mobile
messaging application MessageMe,
a Whatsapp-like service with $11.9 million in reported outside
funding. The company was largely able to raise such funds on the strength of its team and what appeared to be
ever-quickening growth. Co-founders Arjun Sethi and Justin Rosenthal had extensive
experience in social gaming prior to founding MessageMe.
October 6 - Luxoft Reports Acquisition of Radius Inc.
Luxoft Holding, announced that
it has acquired Radius Inc., a US based solution provider focused on the
growing Internet of Things (IoT) industry. Radius delivers modern enterprise
solutions across mobile, cloud, data and application programming interface
(API) technologies for select Fortune 500 clients to help them capture, manage,
and gain value from their growing volume of enterprise data.
Microsoft has signed a letter
of intent to acquire Israeli text-analysis startup Equivio, said a person
familiar with the company’s plans, as the software maker bulks up products for
analyzing data. Equivio makes software that uses machine learning to analyze
legal documents and corporate information for use by law firms, corporations
and government agencies. The company’s website lists the US Justice
Department among its customers.
October 21 - Google Acquires Firebase
Google announced that it has
acquired Firebase,
a backend service that helps developers build realtime apps for iOS, Android
and the web that can store and sync data instantly. Firebase currently has
almost 110,000 registered developers on its platform and the Firebase team
says that the service will continue to work as before and remain
platform-agnostic. This is Google’s third major acquisition for its Cloud
Platform this year.
Google has hired the founders
of two Oxford University artificial intelligence start-ups and announced a
partnership with the institution to further develop its DeepMind system. It is acqui-hiring the two academic teams of founders, seven
people in all, behind Dark Blue Labs and Vision Factory, two
deep learning startups based in the UK, and it is also partnering with Oxford
University, which had spun out the two startups, to build out wider research
efforts further in the area of AI.
October 24 - Google's Nest Acquires Smart Home Hub Startup Revolv
Google announced it has acquired
smart home hub startup – a Colorado-based Revolv which made a hardware hub with
a bunch of radios packed inside to make all the various smart home devices talk
to each other. Through the Revolv app, you could sync up smart home
interactions. Revolv will work on Nest’s open API program called “Works with
Nest” to “continue to unify the connected home".
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