Tag Archives: acquire

Amazon to Acquire Whole Foods Market

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Whole Foods Market ranked #28 and Amazon ranked #2 on Fortune’s 2017 list of World’s Most Admired Companies

SEATTLE & AUSTIN, Texas–(BUSINESS WIRE)–Jun. 16, 2017– Amazon (NASDAQ:AMZN) and Whole Foods Market, Inc. (NASDAQ:WFM) today announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt. (more…)

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IBM to Acquire Cloudant: Open, Cloud Database Service Helps Organizations Simplify Mobile, Web App and Big Data Development

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ARMONK, N.Y. – 24 Feb 2014: IBM today announced a definitive agreement to acquire Boston, MA-based Cloudant, Inc., a privately held database-as-a-service (DBaaS) provider that enables developers to easily and quickly create next generation mobile and web apps.  

Cloudant will extend IBM’s Big Data and Analytics, Cloud Computing and Mobile offerings by further helping clients take advantage of these key growth initiatives. Financial terms were not disclosed. (more…)

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Microsoft reaches agreement to acquire InRelease business of InCycle Software

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Microsoft to acquire Canadian provider of release management solutions, extending its DevOps solutions that utilize Microsoft Visual Studio and Team Foundation Server.

REDMOND, Wash., and LAVAL, Quebec — June 3, 2013 — Microsoft Corp. and InCycle Software Inc. today announced that Microsoft has reached an agreement to acquire the InRelease Business Unit from InCycle Software, a leading provider of application lifecycle management (ALM) services and Release Management solutions on the .NET platform. The acquisition of the continuous deployment solution, InRelease, will add Release Management capabilities to Microsoft’s ALM and DevOps solutions, helping customers deliver applications faster, better and more efficiently. (more…)

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Microsoft to Acquire Yammer

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Microsoft extends cloud services with best-in-class enterprise social networking.

REDMOND, Wash., and SAN FRANCISCO — Microsoft Corp. and Yammer Inc. today announced that they have entered into a definitive agreement under which Microsoft will acquire Yammer, a leading provider of enterprise social networks, for $1.2 billion in cash. Yammer will join the Microsoft Office Division, led by division President Kurt DelBene, and the team will continue to report to current CEO David Sacks.

“The acquisition of Yammer underscores our commitment to deliver technology that businesses need and people love,” said Steve Ballmer, CEO, Microsoft. “Yammer adds a best-in-class enterprise social networking service to Microsoft’s growing portfolio of complementary cloud services.” (more…)

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Amazon to Acquire LOVEFiLM International Limited

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LUXEMBOURG & LONDON – January 20, 2010 – Amazon.com, Inc. today announced that it has reached an agreement to acquire the remaining shares in LOVEFiLM International Limited (www.LOVEFiLM.com). LOVEFiLM is a leading European subscription entertainment service which combines the benefits of online DVD and games rental-by-post as well as streaming films and TV shows instantly over the internet to PCs, internet enabled TVs and Playstation®3. LOVEFiLM operates today in the UK, Germany, Sweden, Norway and Denmark.  Amazon already has a significant minority shareholding in LOVEFiLM and does not itself operate any similar business in Europe.  (more…)

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