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Vimeo buys video streaming rival VHX

2016-05-02 14:00:38| BBC News | Business | UK Edition

Vimeo will let video-makers set up their own subscription video streaming services similar to Amazon and Netflix, the firm announces.

Tags: video streaming buys rival

 

McCormick Buys Australian Herb Company

2016-05-02 01:44:00| Food Processing

Pays $114 million for Botanical Food Co., maker of the Gourmet Garden brand of packaged herbs.

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Rovi buys TiVo for USD 1.1 bln

2016-05-01 23:02:00| Telecompaper Headlines

(Telecompaper) Rovi will be acquiring TiVo for USD 10.70 per share in cash and stock, translating into a total of USD 1.1 billion. The new company will continue to be led by Rovi CEO Tom Carson and upon closing of the transaction will adopt the TiVo brand as the new company name. The offer represents a premium of 40 percent over TiVo's closing price on 23 March. Rovi will finance the deal from cash on hand. The combined company will then have an estimated USD 150-270 million cash on hand at closing.

Tags: usd buys tivo bln

 

Microsoft Buys 10M DNA Molecules for Dense Storage Research

2016-04-30 00:04:27| PC Magazine Storage Devices Product Guide

DNA's density and longevity make it far superior to optical disks for storing massive amounts of data.

Tags: research microsoft storage dna

 

Nokia buys m-health kit maker Withings

2016-04-26 02:00:00| Total Telecom industry news

Acquisition strengthens Finnish vendor's IoT position; deal expected to close in third quarter.

Tags: kit nokia maker buys

 

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