Nokia announced today that it will acquire the San Francisco, Calif.-based mobile analytics firm Motally for an undisclosed sum. The deal is expected to close in the third quarter of 2010. Motally specializes in analytics for both mobiles websites and apps on the iPhone, iPad, BlackBerry, and Android. With the acquisition, Motally’s service will be adapted for mobile platforms that Nokia uses like Symbian, Meego, Qt, and Java.
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Nokia to acquire mobile analytics firm Motally
Google is in the final stages of acquiring visual search and e-commerce firm Like.com for more than $100 million, according to a report in Techcrunch . Citing multiple sources, Techcrunch said the acquisition looks like it will happen, though it isn’t clear why Google is interested in Like.com, which has a visual search technology. Perhaps Google wants to experiment with a new kind of search technology that appears to be getting traction. Munjal Shah, chief executive of Like.com, declined to comment to Techcrunch. Like.com was founded by Shah and Burak Gokturk in August, 2004. Like.com raised nearly $50 million and started applying computer vision and learning technology to online fashion purchases
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Google to buy visual search firm Like.com for more than $100M?
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Facebook is rumored to be closing in on a deal to acquire the location-based app Hot Potato , according to TechCrunch. The app, which is centered around events and things to do, lets you share photos and status updates around concerts, stories or TV shows. The problem is, since it launched at TechCrunch’s real-time CrunchUp last November, it hasn’t quite taken off in the same way that other location services has. The team is talented and is close with many longtime Facebook employees like the social network’s former design strategy lead Aaron Sittig. Facebook also has a penchant for acquiring extremely talented teams and integrating them into other projects like the company did with FriendFeed’s Bret Taylor, who is now chief technology officer, and Blake Ross and Joe Hewitt, who came to the social network in its first acquisition of Parakey a few years back. The acquisition would follow on the heels of Facebook’s purchases of NextStop, ShareGrove, Divvyshot and Octazen Solutions
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Will Facebook acquire and catch location-startup Hot Potato?
Fashion-oriented Web media company Glam Media today announced that it has acquired sports ad network Sportgenic and its spinoff AdPlatform . Glam chief executive Samir Arora (pictured) said AdPlatform’s technology is part of the new product he’s announcing today, GlamAdapt for Publishers. Arora’s Brisbane, Calif.-headquarted company launched the GlamAdapt display ad platform in June, saying that it could help brand advertisers reach high-quality publishers
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Glam expands premium ad tools with acquisition of Sportgenic and AdPlatform
Section: Business News , Apple , Communications , Cellular Providers , Mobile , Web , Google Believe it or not, but a few major companies were involved with trying to acquire Palm – not just HP.? A source familiar with the negotiations revealed to BusinessInsider that Apple, Google, and RIM were all contenders in the Palm sweepstakes.? Basically, Apple was interested in Palm’s vast patent holdings and their physical keyboard technology.? However, funding webOS while continuing to build Apple’s own iOS might prove counterproductive in the long run.? An Apple acquisition of Palm wouldn’t make too much sense so it looks like Apple was never completely all in and committed to Palm.? Google was only involved with Palm because Apple was involved with Palm.? Similar to Apple, Google was interested in Palm’s intellectual property, but never did pursue the acquisition.? According to the source, RIM should have been the one to seal the deal because the BlackBerry manufacturer had the highest initial bid, but HP one upped them.? After that, RIM refused to increase their bid making HP the winner with a $1.2 billion purchase.? It’s interesting to see how many players were involved with Palm and almost surprising that Apple and Google were major players.? Hopefully HP will do something amazing with the webOS such as flexible displays ! Read [ BusinessInsider ] Full Story ? | Written by Natesh Sood for Gadgetell . | Comment on this Article ?
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Apple, Google and RIM were all involved in acquiring Palm
Infrastructure giant EMC just announced that it plans to acquire Greenplum , a company offering database software. San Mateo, Calif.-based Greenplum was founded in 2003 with the goal tackling the growing demands of storing and analyzing business data. It says that its customers include divisions of NASDAQ and the New York Stock Exchange, Skype, Equifax, T-Mobile, and Fox Interactive Media. Greenplum’s investors include Dawntreader Ventures, EDF Ventures, Hudson Ventures, Meritech Capital Partners, Mission Ventures, SAP Ventures, Sierra Ventures, and Sun Microsystems. The acquisition price was not disclosed, but it was reportedly all-cash. EMC says the company will form a new data computing product division within the larger firm
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EMC acquires database startup Greenplum
Section: Web , Websites , Google Frequent fliers probably use services such as Kayak and Bing Travel to find out flight information.? Google doesn’t have a very comprehensive database when it comes to flying, but that is definitely going to change in the coming months.? On July 1, Google announced the acquisition of ITA Software for $700 million and will soon begin to implement ITA’s vast database when it comes to flight information. Google’s main objective is to “benefit passengers, airlines and online travel agencies” by aggregating information from ITA and organizing it in a convenient manner so travelers can compare airfares and flight information.? Remember, Google will not be directly selling any flight tickets nor adjusting airfare prices, only providing information.? This is good news for travelers as they have another method to find the best deal available
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Google lands ITA for $700m, bolsters airplane search technology
Facebook is adding a subtle, but much requested feature — it’s letting users “like” comments . So if someone says something particularly witty in response to your most recent status update or photo, you and others can acknowledge it.
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Facebook now lets users “like” comments
Since news broke that Elon Musk is personally running out of money , most of the focus has been on how his situation will impact Tesla Motors, the electric vehicle company he heads. But Musk has recently been placing more and more emphasis on his spaceflight venture SpaceX — finally drawing questions about how that company will survive without his continuous investments. The Wall Street Journal reported that SpaceX will need to get $1 billion from somewhere in order to achieve its goal of busing astronauts back and forth from the International Space Station in the next 10 years. Considering that Musk likely can’t pump any more money into the company, and Congress is still blocking the Obama administration’s desire to support privatized space exploration, it’s unclear where these funds will come from. In fact, Musk has already had to sell off 20 percent of his stake in SpaceX. But now SpaceX has responded to this question: Board member Luke Nosek of Founders Fund, a major investor in the company, told PEHub that SpaceX has been profitable for the last several years, and that it will be again in 2010, with or without federal funding. The company successfully sent its Falcon 9 rocket 155 miles up into orbit last week, and has more than 24 orders (totaling $2.5 billion in revenue) to deliver satellites into space over the next five years
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SpaceX profitable despite CEO’s cash problems — but is an IPO needed?
Less than a week after Google said it closed its long and drawn out acquisition of AdMob , roughly a tenth of the hot mobile-advertising startup’s employees are packing their bags as part of the integration process. “The Google and AdMob teams are actively working together to figure out the specific details of our integration. With a few exceptions, all AdMob employees are making the transition,” said Nicole Leverich , an AdMob (and now Google) spokesperson
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AdMob cuts about a tenth of its employees as it integrates into Google
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