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Optus set to tuck into start-up scene after $6 million Eatability purchase

7:02PM | Friday, 27 July 2012 | Michelle Hammond

Telecommunications giant Optus is ramping up its involvement in the start-up sector after acquiring Sydney-based food site Eatability for $6 million.

Airbnb snaps up photoblogging site to fuel mobile expansion

7:16PM | Wednesday, 25 July 2012 | Michelle Hammond

US-based accommodation website Airbnb has “acqui-hired” Y Combinator start-up DailyBooth for an undisclosed sum, in what is believed to be Airbnb’s first acquisition.

Peter Thiel makes first Aussie start-up investment, swoops for ScriptRock

7:00AM | Wednesday, 25 July 2012 | Oliver Milman

PayPal co-founder and Facebook backer Peter Thiel has made his first investment in an Australian company, leading a $1.2 million round for a stake in Sydney tech start-up ScriptRock.

VMware shells out eye-watering $1.26 billion for cloud start-up Nicira

7:53PM | Tuesday, 24 July 2012 | Michelle Hammond

Software giant VMware has acquired Californian cloud start-up Nicira for a staggering $1.26 billion, in a deal that is expected to have major ramifications for technologies in the sector.

Google acquires Apple-inspired start-up to work on Gmail

7:49PM | Monday, 23 July 2012 | Michelle Hammond

Tech giant Google appears increasingly willing to tweak its software to run on arch rival Apple’s hardware, after acquiring a start-up that develops email applications for Apple devices.

Almost one-fifth start up as a future investment strategy: MYOB

7:00PM | Friday, 20 July 2012 | Michelle Hammond

Almost one-fifth of entrepreneurs start their business as an investment strategy for the future, according to the latest MYOB research, while 18% start up because they want a seachange.

PayPal says card.io acquisition won’t affect developers

7:23PM | Wednesday, 18 July 2012 | Michelle Hammond

Online payments provider PayPal has acquired US-based start-up card.io, but insists card.io’s software development kits for iOS and Android will continue to remain available for developers.

Buffett awards Berkshire Hathaway stock to young entrepreneurs

7:05PM | Monday, 16 July 2012 | Oliver Milman

Billionaire speculator Warren Buffett has given away $13,000 worth of highly-prized shares in his company, Berkshire Hathaway, to a group of budding entrepreneurs aged under 16.

Start-ups warned over “acqui-hire” trend following Facebook’s latest purchase

7:49PM | Monday, 16 July 2012 | Michelle Hammond

Start-ups need to “recognise the tradeoffs” with regard to acqui-hires, according to tech start-up expert Mick Liubinskas, after Facebook snapped up the team behind mobile content-caching start-up Spool.

Aussie tech start-up 5th Finger acquired by US giant Merkle

7:09PM | Thursday, 12 July 2012 | Michelle Hammond

Australian-founded mobile solutions provider 5th Finger has been acquired by customer relationship management firm Merkle, five years after relocating from Sydney to the US.

Freelancer.com snaps up Canadian site in global growth strategy

7:40PM | Tuesday, 10 July 2012 | Michelle Hammond

Australian start-up success story Freelancer.com has added another company to its portfolio, acquiring Canadian freelance marketplace Scriptlance, as it seeks to enhance its global presence.

News Limited-backed SportingPulse acquires BellvueIT

7:20PM | Wednesday, 4 July 2012 | Michelle Hammond

Community sporting network SportingPulse, which is now majority-owned by News Limited, has acquired content management system BellvueIT.

APN kicks off investment deal in fledgling start-up MyTeamDeals

6:00AM | Friday, 29 June 2012 | Oliver Milman

APN News & Media has continued its start-up investment spree by taking a sizeable stake in MyTeamDeals, a group buying platform for sporting clubs that was only launched at the start of the year.

Know what your company is worth

6:38PM | Tuesday, 26 June 2012 | Taskmaster

If someone knocked on your door with an offer to buy your business, what would you tell them? Would you know if they offered you a fair price?

Microsoft’s $1.2 billion Yammer purchase hints at acquisition strategy

6:20PM | Tuesday, 26 June 2012 | Michelle Hammond

US-based start-up Yammer will join the Microsoft's Office division after being acquired for $1.2 billion by the tech giant.

Business Switch takes 5% equity stake in Asian start-up

6:52PM | Friday, 22 June 2012 | Michelle Hammond

Sydney-based company Business Switch says small businesses should consider investments as a way to enter foreign markets, after the company took a 5% equity stake in a Hong Kong start-up.

Google acquires social platform start-up Meebo

6:56PM | Tuesday, 5 June 2012 | Michelle Hammond

Google appears more determined than ever to boost the profile of Google+, after acquiring Silicon Valley start-up Meebo, which the search giant described as a “great fit” for its fledgling social network.

DealsDirect flags further acquisitions under new CEO

6:36PM | Monday, 4 June 2012 | Michelle Hammond

Online department store DealsDirect has flagged further start-up acquisitions, after appointing former Centrebet boss Michael McRitchie as its new chief executive, with Linda Barrett named as head of buying.

OzSale acquires market competitor Buyinvite

6:20PM | Monday, 4 June 2012 | Michelle Hammond

Australian online shopping club OzSale.com.au has acquired market competitor Buyinvite.com.au for an undisclosed sum, as it ramps up its operations both here and overseas.

Facebook set for two further start-up acquisitions

5:39PM | Wednesday, 30 May 2012 | Michelle Hammond

Facebook’s disappointing debut on the Nasdaq doesn’t appear to have dampened the company’s spirits, with reports circulating the social media giant is about to make two more acquisitions.

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