Amazon Spends $14B on Whole Foods


Amazon on Friday announced that it has inked a deal to acquire Whole Foods Market for close to $14 billion in cash. The agreement includes assumption of Whole Foods’ net debt. Whole Foods will run as a wholly independent subsidiary of Amazon. It will continue to operate stores under its own brand and source products from vendors and partners. Cofounder John Mackey will continue in his role as Whole Foods’ CEO, and the company’s headquarters will remain in Austin, Texas. The deal is expected to close in the second half of the year.

The original article can be found here: http://www.ecommercetimes.com/story/84619.html?rss=1

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SoftBank to Take Fearsome Robots Off Alphabet's Hands


SoftBank on Thursday announced that it will acquire robotics company Boston Dynamics from Alphabet, parent company of Google. Softbank also agreed to buy robotics firm Schaft as part of the same deal. SoftBank Robotics is the company’s subsidiary that focuses on the development, sales and maintenance of humanoid and service robots. “Smart robotics are going to be a key driver of the next stage of the information revolution,” said SoftBank CEO Masayoshi Son.”

The original article can be found here: http://www.ecommercetimes.com/story/84601.html?rss=1

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Intel Bets $15.3B on Mobileye's Self-Driving Car Tech


Intel has agreed to acquire Mobileye, a developer of autonomous vehicle technology, for $15.3 billion in cash. Intel will integrate Mobileye’s computer vision and mapping technology for autonomous and semi-autonomous vehicles into its Automated Driving Group, to be led by MobileEye CTO Amnon Shashua. Intel SVP Doug Davis will oversee engagement across various Intel groups, and report directly to Shashua. The combined company will be the leading technology provider in the autonomous vehicle industry, said Intel CEO Brian Krzanich.

The original article can be found here: http://www.ecommercetimes.com/story/84372.html?rss=1

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HPE to Buy One-Time Rising Star Nimble for $1B Cash


Hewlett Packard Enterprise has announced a deal to acquire flash storage firm Nimble Storage, once viewed as a darling of Wall Street, for $12.50 a share in cash, or $1 billion. HPE also agreed to assume or pay out Nimble Storage’s unvested equity awards, which are valued at $200 million. Upon completion of the deal, Nimble Storage will merge with a unit of HPE and become a subsidiary of the company. The Nimble Storage acquisition is meant to strengthen the breadth of HPE’s offerings as it competes in the mid-to-high end flash storage market.

The original article can be found here: http://www.ecommercetimes.com/story/84357.html?rss=1

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AT&T CEO: Letting Us Buy Time Warner Will 'Disrupt' TV, Be 'Good for Consumers'

When AT&T announced in October that it would spend $85 billion to acquire Time Warner, the plan was met with strong headwinds right out of the gate.

The original article can be found here: http://www.foxnews.com/tech/2016/12/07/att-ceo-letting-us-buy-time-warner-will-disrupt-tv-be-good-for-consumers.html

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Here's What AT&T's Acquisition of Time Warner Means for Consumers

Now that AT&T has reached a deal to acquire Time Warner, consumers could soon be getting both their cell phone service and the next installment of “Game of Thrones” from the same gigantic company…

The original article can be found here: http://www.foxnews.com/tech/2016/10/22/here-what-att-acquisition-time-warner-means-for-consumers.html

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Oracle Snags Palerra to Beef Up Cloud Security


Oracle has agreed to acquire cloud access security broker Palerra, whose LORIC software manages security and compliance for applications, workloads, and sensitive data stored across cloud services, the companies announced Sunday. Palerra “offers a unique combination of visibility into cloud usage, data security, user behavior analytics and security configurations, with automated incident responses,” wrote Peter Barker, Oracle’s SVP of identity management and security products, in a letter to customers and partners.

The original article can be found here: http://www.ecommercetimes.com/story/83911.html?rss=1

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Salesforce Reels BeyondCore Into Its Cloud


Salesforce has inked an agreement to acquire BeyondCore, a data analytics firm that already has integrated its latest release with Salesforce, the companies said Monday. BeyondCore will become part of the Salesforce Analytics Cloud, extending smart data discovery and advanced analytics capabilities across the entire Salesforce Customer Success Platform, according to BeyondCore CEO Arijit Sengupta. The acquisition will boost the Analytics Cloud’s artificial intelligence efforts, according to Salesforce CEO Marc Benioff.

The original article can be found here: http://www.ecommercetimes.com/story/83814.html?rss=1

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Intel acquires deep learning company, will focus on next-generation AI

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Intel has announced that it will acquire Nervana Systems deep learning software and hardware designs for its own future products. Multiple companies are flocking to deep learning as a major launch platform for the future of AI.

The original article can be found here: http://www.extremetech.com/extreme/233325-intel-acquires-deep-learning-company-will-focus-on-next-generation-ai

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Walmart Pursues Amazon at Jet Speed


Walmart on Monday announced that it plans to acquire Jet.com, paying $3 billion in cash and another $300 million worth of Walmart shares. With the acquisition, “Walmart.com will grow faster, the seamless shopping experience we’re pursuing will happen quicker, and w”ll enable the Jet brand to be even more successful in a shorter period of time,” McMillion said. The announcement of the deal comes about three months after Walmart CEO Doug McMillon told investors that the company’s global e-commerce sales growth was too slow to satisfy internal goals.

The original article can be found here: http://www.ecommercetimes.com/story/83780.html?rss=1

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Uber's China Strategy Shifts Into Reverse


Didi Chuxing has announced a historic deal to acquire the Chinese ride-sharing operations of rival Uber, which threw in the towel after years of unsuccessful efforts to grow its business in what may prove to be the world’s most challenging technology market. Under the agreement, Didi Chuxing acquired all of Uber China’s assets, including its brand, data and business operations. The deal calls for Uber to receive 5.89 percent of the combined entity with preferred equity interest, which is the equivalent of a 17.7 percent stake in Didi Chuxing.

The original article can be found here: http://www.ecommercetimes.com/story/83767.html?rss=1

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Salesforce Gets a Grip on Quip


Salesforce has agreed to acquire Quip, Quip CEO Bret Taylor and Head of Product Kevin Gibbs announced Monday. Quip lets users manage live documents throughout the collaboration process. The deal is worth about $582 million, according to a Salesforce filing with the U.S. Securities and Exchange Commission. Quip provides a chat feature that’s built into every document and spreadsheet. It lets users direct-message team members and comment directly on any piece of content.

The original article can be found here: http://www.ecommercetimes.com/story/83763.html?rss=1

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Oracle Hauls In NetSuite


Oracle has entered into a definitive agreement to acquire NetSuite — the company its former chief marketing officer, Zach Nelson, cofounded in 1998 — for $9.3 billion. NetSuite offers various software packages as cloud-based services, including ERP, accounting, CRM and sales force automation. What’s surprising about the deal is “why it took so long and why Oracle paid so much,” said Trip Chowdhry, managing director at Global Equities Research. Oracle “should’ve purchased NetSuite five years ago at half the price.”

The original article can be found here: http://www.ecommercetimes.com/story/83749.html?rss=1

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Yahoo Deal Could Put Verizon in Google and Facebook's League


Verizon Communications on Monday announced that it had entered into a definitive agreement to acquire Yahoo’s operating business for approximately $4.83 billion in cash. The deal, which comes on the heels of Verizon’s $4.4 billion AOL purchase last year, will allow it to expand its digital advertising business. The purchase will provide Verizon with Yahoo’s ad tech tools, including BrightRoll and Flurry, as well as Yahoo’s search, email and messenger assets. It brings to a close Yahoo’s attempts to find an interested suitor for the company.

The original article can be found here: http://www.ecommercetimes.com/story/83733.html?rss=1

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Oracle Plunks Down $532M for Customer Engagement Firm Opower


Oracle on Monday announced that it has agreed to acquire Opower for $532 million in cash. More than 100 global utilities, including PG&E, Exelon and National Grid, use Opower’s customer engagement and energy efficiency cloud services, Oracle said. Opower’s big data platform stores and analyzes more than 600 billion meter reads from 60 million end customers of utilities. The transaction is expected to close later this year. “This acquisition brings together two synergistic areas,” analyst Holger Mueller said.

The original article can be found here: http://www.ecommercetimes.com/story/83457.html?rss=1

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Intel Gets Into the FreeD Sportscasting Game


Intel on Wednesday announced its intent to acquire Replay Technologies, the company known for elevating the NBA All-Star Weekend with cutting-edge 3D graphics. Replay develops and maintains what it calls “freeD” — that is, free dimensional — technology. Sports fans may have noticed the Matrix-esque effect employed at other sporting events. The novel technique relies on an array of cameras, plus software to stitch all of the angles together seamlessly, which requires some muscular compute power and agile servers.

The original article can be found here: http://www.ecommercetimes.com/story/83222.html?rss=1

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Microsoft Buys Xamarin to Boost Cross-Platform Development


Microsoft on Wednesday announced that it has reached an agreement to acquire Xamarin, a platform provider for mobile app development. Xamarin’s platform will be used in conjunction with Microsoft’s Visual Studio, enabling developers to build apps using C# to deliver fully native mobile app experiences across platforms, including Android and iOS, said Microsoft’s Scott Guthrie. Its technology could further allow developers to take advantage of the productivity of .NET in building apps that utilize C# to write a full set of native APIs, he added.

The original article can be found here: http://www.ecommercetimes.com/story/83162.html?rss=1

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IBM Watson Forks Over $2.6B for Health Data Stash


IBM Watson Health on Thursday announced plans to acquire Truven Health Analytics for $2.6 billion. The acquisition will give the company access to about 300 million patient files, according to IBM, making it one of the world’s largest holders of diverse health-related information. One of its chief objectives is to use the data to bring more value to healthcare recipients. By integrating Truven’s extensive cloud-based data sets, Watson will be able to create insights that can be translated into practical solutions for patients.

The original article can be found here: http://www.ecommercetimes.com/story/83133.html?rss=1

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Time Scoops Up MySpace With Viant Buy


Time on Thursday announced an agreement to acquire the assets of Viant Technology. The deal will let Time combine its premium content, subscriber data and ad inventory with Viant’s first-party data and targeting technology to bring value to clients of both platforms, Time said. “We’re going to be able to deliver both data-driven capabilities and premier content in a single platform now and will stand apart from those that deliver one or the other,” Time spokesperson Jill Davison said.

The original article can be found here: http://www.ecommercetimes.com/story/83113.html?rss=1

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