Buy a business
What are your options when a big company comes knocking with a nice set of numbers and a contract to sign? It’s a dream for some and a tricky proposition for others. BY LEON GETTLER.
Start-up incubator BlueChilli has made its first full acquisition of a venture, snapping up Vividways, an app designer and developer that specialises in loyalty programs.
Telecommunications giant Optus is ramping up its involvement in the start-up sector after acquiring Sydney-based food site Eatability for $6 million.
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.
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.
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.
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 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.
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.
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 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.
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.
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.
Community sporting network SportingPulse, which is now majority-owned by News Limited, has acquired content management system BellvueIT.
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.
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?
US-based start-up Yammer will join the Microsoft's Office division after being acquired for $1.2 billion by the tech giant.
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 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.
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.