Nearly six years have gone by since AMD scooped up ATI for $5.4 billion, and when it was first announced, analysts wondered if the chip maker was making the right move. AMD's multi-billion dollar gamble paid off, and until Kepler arrives, the Sunnyvale chip makers owns the fastest single-GPU graphics card in the world (Radeon HD 7970). But what if AMD had acquired Nvidia instead?
Google’s filed its 10-K with the SEC yesterday, and the numbers have revealed a staggering increase in the number of acquisitions the search giant made in 2011. Google closed the year by spending close to $2 billion on 79 separate acquisitions in 2011, a number that has grown significantly from the $1 billion it spent in 2010. This number of course doesn’t factor in the Motorola deal which is expected to clear in early 2012 to the tune of $12.5 billion, but includes dozens of other high profile startups.
John M. Simpson, director of Consumer Watchdog's Privacy Project, inked a letter to Mr. Joaquin Almunia, vice president of the European Commission, voicing his organization's concerns over "Google's ongoing anti-competitive behavior," which includes the search giant's proposed $12.5 billion merger with Motorola Mobility. The nearly 3-page letter criticizes Google's business behavior in detail with a particular focus on why Consumer Watchdog feels the merger with Motorola should be blocked.
Intel has entered into a definitive agreement with QLogic to acquire the product lines of certain assets related to its InfiniBand business, the two companies announced in separate press releases today. According to QLogic, it's an all-cash transaction in the amount of $125 million, a sum that would make some companies cringe but barely registers as a pittance to Intel, which recently announced record full year revenue of $54 billion.
Microsoft had a chance to close out its final CES keynote with a bang. Balmer could have hit attendees with a bombshell by announcing plans to acquire Finnish handset maker Nokia, followed by lots of exaggerated rhetoric, storming about the stage, and obligatory sweating. There's only one problem with that scenario -- Microsoft isn't acquiring Nokia, no matter what you may have heard or read.
The joint LCD venture between Sony and Samsung is undergoing some changes with respect to ownership and who's responsible for what. Under terms of a new agreement, Samsung will acquire all of Sony's shares of S-LCD Corporation, the companies' joint manufacturing venture. Samsung will pay Sony 1.08 trillion South Korean won, or around $940 million, for the share transfer, and the two companies will continue their cooperative engineering efforts focused on LCD panel technology, Sony announced.
Seagate on Monday officially closed the deal to acquire the hard disk drive (HDD) business of Samsung for $1.4 billion, a transaction that was first announced in April 2011. Under terms of the agreement, Seagate gains select elements of Samsung's HDD division, including assets, infrastructure, and employees. Among the assets is Samsung's M8 product line of high-capacity, 2.5-inch HDDs.
Netflix shareholders haven't been thrilled with Netflix's direction the past few months. After announcing a spin-off of its DVD-by-mail rental business and higher prices for streaming and DVD services combined, subscribers raged until Netflix reversed course on severing its DVD arm, but the company didn't relent on recent price hikes. It's been paying a price in subscriber losses ever since. Enter unhappy investors, though talk of Verizon taking over the streaming service has them smiling once again.
Tis the season to shop around, and while you're out there buying gifts, sometimes you have to splurge on yourself. That's what IBM is doing, which announced that it has entered into a definitive agreement to acquire DemandTec, a cloud-based analytics company, for around $440 million in an all-cash transaction. IBM is hoping the acquisition will extend its Smarter Commerce initiative by adding cloud-based price, promotion, and other merchandising and marketing analytics to its portfolio.
German enterprise software maker SAP announced that its subsidiary, SAP America, has entered into a definitive agreement to scoop up SuccessFactors, a provider of cloud-based human capital management (HCM) solutions. Under terms of the agreement, SAP will acquire all outstanding shares of common stock of SuccessFactors for $40 per share, valuing the deal at a staggering $3.4 billion.