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Microsoft’s $1.2 billion Yammer purchase hints at acquisition strategy
6:20PM | Tuesday, 26 June 2012 | Michelle HammondUS-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 HammondSydney-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 HammondGoogle 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 HammondOnline 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 HammondAustralian 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 HammondFacebook’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.
Facebook’s disappointing IPO followed by good Karma
5:55PM | Monday, 21 May 2012 | Michelle HammondFacebook has acquired US-based mobile commerce start-up Karma for an undisclosed sum, after raising $US16 billion from its much-anticipated IPO, valuing the company at $US104 billion.
LinkedIn snaps up content-sharing platform SlideShare for $119 million
5:12PM | Friday, 4 May 2012 | Michelle HammondLinkedIn has acquired professional content-sharing platform SlideShare for $119 million, in a deal that will enable its users to utilise SlideShare’s popular presentations feature.
Kleenit swoops for Graffiti Gone as franchise acquisitions heat up
5:44PM | Wednesday, 2 May 2012 | Michelle HammondThe franchising sector can expect to see more mergers and acquisitions as smaller franchises struggle to remain profitable, an expert says, after Kleenit acquired competitor Graffiti Gone.
Instagram acquisition prompts user backlash
4:22PM | Tuesday, 10 April 2012 | Michelle HammondThe founders of Instagram are “psyched” to be joining Facebook in a $US1 billion deal, but the backlash from users has highlighted the drawbacks of being acquired by an industry giant.
To build or buy, that’s the question
4:42PM | Tuesday, 3 April 2012 | Greg HayesSo you want your own business? The first thing you have to do is decide if you want to build it or buy it. BY GREG HAYES.
Blackboard acquires Adelaide-based eLearning company NetSpot
3:01PM | Tuesday, 27 March 2012 | Michelle HammondUS-based enterprise software company Blackboard Inc. has acquired Adelaide company NetSpot for an undisclosed sum, but NetSpot will continue to operate independently.
Revealed: Australia Post hitting SMEs with 3.8% increase for sending parcels and bulk mail
3:57PM | Monday, 26 March 2012 | Patrick StaffordAustralia Post is preparing to raise the cost of sending bulk mail and parcels by 3.8%, with some retailers saying the changes are being introduced during the middle of existing contract terms.
Gaming boom fuelling $3 billion global virtual economy: Report
3:08PM | Tuesday, 20 March 2012 | Michelle HammondA World Bank report has shed new light on the world’s multibillion dollar virtual economy, which is being driven by a new breed of entrepreneur that makes a living playing video games.
AOL’s hunt for start-ups
3:02AM | Monday, 19 March 2012 | Oliver MilmanIn its bid to revamp its image from struggling internet portal to dynamic tech business, AOL has a new division that invests in start-ups. Here’s how it works (and what they are looking for).
Atlassian acquires US start-up HipChat
3:25PM | Thursday, 8 March 2012 | Michelle HammondAustralian software giant Atlassian has acquired US-based instant messaging network HipChat for an undisclosed sum.
Melbourne start-up Booki.sh goes into OverDrive
3:54PM | Tuesday, 6 March 2012 | Michelle HammondMelbourne start-up Booki.sh has been acquired by US-based eBook distributor OverDrive for an undisclosed sum, with Booki.sh continuing to operate under its original name.
LivingSocial swoops for Aussie start-up Jump On It
3:38PM | Monday, 5 March 2012 | Michelle HammondUS group buying giant LivingSocial has acquired Australian start-up Jump On It, one year after taking a 31% stake in the company, in a deal believed to be worth around $40 million.
Pizza Capers deal to “supercharge” franchisees, co-founder claims
2:55PM | Wednesday, 29 February 2012 | Michelle HammondRetail Food Group’s $30 million acquisition of Pizza Capers will “supercharge” the growth and operations of Pizza Capers’ franchisees, co-founder Anthony Russo says.
Apple acquires Aussie start-up Chomp for $US50 million
2:35PM | Monday, 27 February 2012 | Michelle HammondApple has acquired Australian start-up Chomp for around $US50 million but is remaining tight-lipped over what it plans to do with the Chomp app, which is used to search the App Store.
