acquisitions

Airbnb buys Crashpadder, its largest U.K. competitor

Two of the largest accommodation booking sites used in the U.K. have teamed up for this summer's Olympic Games.

Airbnb--an online marketplace where travelers find and book places rented out by homeowners, renters, and landlords--announced today that it had acquired its largest U.K. competitor--Crashpadder. Rather than sleeping in hotels or couch surfing, travelers can short-term lease apartments, houses, condos, and even castles through these sites.

U.S.-based Airbnb launched in 2008 and has since grown to have an accommodation database that serves more than 19,000 cities in 192 countries and has booked more … Read more

Monotype gets more digital, buys Bitstream font biz

Monotype Imaging acquired the font business of rival Bitstream for about $50 million in cash, a move that gives it greater clout in the world of digital typography.

Through the acquisition, announced yesterday, Monotype Imaging gets Bitstream's typeface library, its MyFont site for browsing 89,000 fonts and licensing them for use on Web sites, the WhatTheFont service for identifying typefaces, its Font Fusion and Panorama software for font rendering and layout, and 10 patents. It's also hiring 50 Bitstream employees and taking over its research and development site in India.

The move gives Monotype Imaging more heft … Read more

Zynga rumored to acquire Draw Something maker OMGPOP

Rumor has it that game maker Zynga is in the running to buy the company OMGPOP, which makes the newest chart-topping game Draw Something.

If the acquisition goes through, it will be Zynga's biggest buyout to date, according the tech news site TechCrunch, which spoke to sources with direct knowledge of discussions between the two companies.

"Given that OMGPOP has raised around $17 million to date," TechCrunch reporter Kim-Mai Cutler wrote in an article speculating about the acquisition. "I'd expect the price for this deal to be in the $150 [million] to $250 million range.&… Read more

Cisco to spend $5 billion for set-top box software maker

Cisco Systems has signed a $5 billion deal to buy set-top box software developer NDS, the companies said today.

NDS, based in the U.K., sells its software platform along with a combined service platform to video service providers. The products allow video providers to deliver a service that easily lets people view, search, and navigate video content at anytime from anywhere.

Cisco plans to use NDS software and services to enhance development of Videoscape, its own video platform for paid TV providers. The company said the NDS acquisition should help it expand into emerging markets, such as China and … Read more

Surprise! Green Dot buys Loopt for mobile financial services

Well, this is an odd one.

Green Dot, a company that provides prepaid debit cards to consumers, has acquired mobile location-based application developer Loopt for $43.4 million, the companies announced today. The deal is an all-cash transaction, and will include Green Dot setting aside $9.8 million as a "retention pool" to ensure key Loopt employees stay put.

Though Green Dot's Loopt acquisition might not make sense at first glance, considering how different the companies are, it appears Green Dot has bought the firm for its mobile-development expertise. In a statement celebrating the acquisition, Loopt co-founder … Read more

AMD to acquire microserver vendor SeaMicro--a user of Intel chips

Advanced Micro Devices will acquire server vendor SeaMicro in an attempt to make a run at Intel in the microserver market.

AMD said it has signed a definitive agreement to acquire SeaMicro, a company that supplies energy-efficient microservers, for approximately $334 million.

To date, SeaMicro servers have been using Intel's Atom and Xeon processors. Future plans call for SeaMicro to build servers with AMD's Opteron chips.

"AMD plans to offer the first AMD Opteron processor-based solutions that combine AMD and SeaMicro technology in the second half of 2012. The company remains firmly committed to its traditional server … Read more

Report: Apple picks up Chomp to bolster App Store

Apple has purchased mobile-application search and discovery company Chomp, according to a new report.

TechCrunch says Apple has acquired Chomp, along with its employees and technology, to bolster the search and recommendation features in the App Store, which is now home to more than 550,000 applications.

The price of the deal and when it was made were not mentioned.

An Apple representative declined to comment on the report but issued the following statement: "Apple buys smaller technology companies from time to time, and we generally do not comment on our purpose or plans."

A spokeswoman for Chomp … Read more

LinkedIn officially acquires plugin Rapportive

Rapportive announced that it was tying the knot with LinkedIn today.

"In business, partnership is dating--and we went on a lot of dates with LinkedIn. Slowly, but surely, we fell in love," Rapportive CEO Rahul Vohra wrote in a blog post. "Today, we are simply thrilled to announce that Rapportive is now part of LinkedIn!"

Earlier this month, AllThingsD broke the news that LinkedIn acquired the browser plugin Rapportive and then TechCrunch reported that the deal was sealed for $15 million.

The two companies had already partnered, so an acquisition wasn't too farfetched. The way … Read more

T-Mobile asks FCC to block spectrum sale to Verizon

T-Mobile is not too pleased with a plan Verizon Wireless has hatched to acquire nearly $4 billion in wireless spectrum.

According to The Washington Post, which obtained the documents, T-Mobile lodged a complaint with the Federal Communications Commission yesterday, urging the government agency to block the sale of wireless spectrum from Comcast, Time Warner Cable, and Bright House Networks--collectively known as SpectrumCo.--to Verizon.

According to the Post, T-Mobile believes the sale could provide Verizon with an "excessive concentration" of wireless spectrum.

Verizon announced plans to acquire the so-called Advance Wireless Services (AWS) spectrum in December. If the … Read more

Google gets EU approval to buy Motorola

The European Union's regulatory body has unconditionally approved Google's acquisition of Motorola Mobility in a deal that could be worth about $12.5 billion.

The European Commission also said today it would monitor Google's and its rivals' use of patents to make sure that the deal complies with EU antitrust rules.

"We have approved the acquisition of Motorola Mobility by Google because, upon careful examination, this transaction does not itself raise competition issues," Joaquín Almunia, Commission vice president in charge of competition policy, said in a statement. "Of course, the Commission will … Read more