Posts tagged ‘acquisition’
It appears that not just the Year of Mobile is being christened this January but new competitive lines are being drawn as well between Internet giants Google and Apple. Yes, it’s time to officially deem Apple an Internet company in my opinion but you are always free to disagree. According to All Things Digital Apple is preparing to announce a purchase that virtually mirrors the acquisition made of AdMob by Google. Apple is ready to buy Quattro Wireless for $275 million. Apple had been in the mix for the AdMob deal but Google won that one. So as a result Apple and Quattro’s ad platform will be getting geared up to fight out the looming iPhone v. Droid device conflagration (great ‘over-the-top’ word, huh?) that could shape the future of how many people acquire information from the Internet. Quattro was already ID’d as a potential win as evidenced by investment and there are more players out there says All Things D: Waltham, Mass.-based Quattro has raised close to $30 million from two main venture investors–Highland Capital Partners and Globespan Capital Partners. Founded several years ago, its clients include Ford (F), Disney (DIS) and the National Football League. Competitors in the space are many still, despite these big acquisitions, including Millenial Media and Jumptap, both of which are now clearly in play to other players from telcoms to other device makers to big Internet companies. So get ready for the battle that lies ahead. Who are you putting your money on?

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2010: The Year of Google v. Apple?
Posted by admin on January 5, 2010 at 9:40 am under Social Media.
Tags: acquisition, drawn-as-well, google-apple, internet, local/mobile, millenial-media, mobile, money, national, officially-deem, opinion, space, the-acquisition, things-digital, wireless
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It looks like Twitter is gearing up for a big year as they announce several (as in around 10) new hires to start the new year. While official numbers of total employees are tough to come by (last I saw put it in the range of 150 but I will not stand by the accuracy of that number) it is obvious that Twitter is looking to have a big year. Let’s call it Twitter’s “Year of Revenue”. That’s usually what we talk about when it comes to the service anyway right? Louis Gray tells about these hires and specifically of one that is very strategic. Anytime Twitter brings on a former Google lawyer then you know they are up to something. Twitter’s pedigree is getting increasingly rich at the expense of Google and other Silicon Valley tech titans. With the holidays behind us, the microblogging powerhouse is starting the new year with more new faces at its San Francisco headquarters. Among them is Bakari Brock, most recently an in house lawyer for YouTube and Google focused on music, video and syndication. Brock, whose LinkedIn profile shows him as corporate counsel at Google, starting in 2007, was heavily quoted in late 2008 when the video service introduced e-commerce capabilities enabling customers to purchase from partners including iTunes and Amazon, and his comments were included in publications such as the New York Times and GigaOM site NewTeeVee. Last year Google was the ‘victim’ of Twitter’s need for legal expertise as well . While probably flattered one would think that losing high profile, likely high dollar and highly visible legal talent is not how Google would like to get the new year started. Some of the background of new hires on the Twitter team include another former Googler, a ex-ning staffer and folks from Cloudera, TiVo, Bebo and VMWare. Add this to an expansion of the Twitter family tree following the acquisition of MixerLabs before Christmas and one would think that “It’s beginning to look a lot like business” (sing that to the tune of “It’s Beginning to Look A Lot Like Christmas” for those wishing the holidays were still here). So let’s go a step further on this one and see what the bold prognosticators among MP readers are predicting for Twitter in 2010. What does the need for more legal firepower say about what might be next?

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Twitter Adds to Its Ranks
Posted by cgseo on January 4, 2010 at 6:15 am under Legal, Social Media.
Tags: acquisition, christmas, Legal, new-year, silicon, silicon-valley, twitter-bird, video
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As the great Yogi Berra once said, “It ain’t over ‘til it’s over” and the deal between Yelp and Google is the latest proof of that. In the Internet space in particular an extra dose of caution is recommended when hearing a ‘rumor’ (i.e. something that comes on ‘good authority’ and is almost a done deal) to take a step back and give the rumor a chance to breathe. Unlike a bottle of fine wine, though, rumors in this space often go south but that’s just part of the space. The latest ‘event’ that received the treatment of a lot of attention but didn’t finish as rumored was the ‘deal’ between Google and Yelp. Last week we told you of TechCrunch’s report on the imminent Google deal to purchase Yelp. Google and Yelp are in advanced acquisition negotiations, we’ve confirmed from multiple sources. And while the deal isn’t done, we’ve heard that it’s very likely to close. The price is supposedly at least $500 million. Well, TechCrunch reports that this deal has derailed and that Yelp is walking away from a significant offer. The deal was, as we wrote late last week, in the later stages of negotiation. The two companies had agreed on a price – around $550 million plus earnouts – and were working through the final details of the acquisition. Then something happened that made Yelp reconsider the deal. Over the weekend they notified Google that they were not going to sell, say multiple sources. That something must have been pretty big and pretty sudden. These negotiations take a considerable amount of time to get to the point where an anonymous source gets the itch to leak the ‘truth’ to the Internet media press. This information was leaked but apparently there were a few landmines that were not seen or not considered ‘deal breakers’. One can speculate all day long as to why this deal fell apart but we are not going down that road. In fact, until something is officially noted by either company (which may or may not happen) we’ll sit on the sidelines for now. So with everything in life and, in particular the Internet marketing industry, step on the rumor mill with your grain of salt handy. As for now let us know if this is good news that the deal fell through or were you thinking there was some good to come out of the acquisition.

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Google and Yelp a “No Go”
Posted by cgseo on December 21, 2009 at 6:00 am under Internet Marketing, Social Media.
Tags: acquisition, deal, gets-the-itch, internet, Internet Marketing, local/mobile, rumor, sidelines, space, through-or-were, treatment, until-something, working-through
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If you’re into smartphones or mobile advertising, you’ve probably heard of AdMob , a popular mobile display advertising company. And apparently Google’s heard of them, too—Google announced today that they have acquired AdMob for $750M in stock. Google reports some mobile ad stats: iPhone and Android users browse the Internet more often than anyone else [ Morgan Stanley ], contributing to Google’s 5x mobile search growth over the past two years And a quarter of these same iPhone and Android users spend nearly 90 minutes per day using applications on their devices [ AdMob ] As noted in the stats, Google is doing well in mobile search (though there’s still plenty of competition). But, Google says, they’re not the only ones who’ll benefit from this acquisition. Publishers will get better products, tools and monetization. Advertisers will get greater reach and “better, more relevant ads” for users engaged with mobile content. Users will get more mobile content and more useful mobile ads. I’m not sure I buy all that—the deal might make it easier to target ads, for example, but it’s not automatically going to make advertisers’ ads better. What do you think? Who’s really going to benefit most from this deal?

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Google Acquires AdMob
Posted by admin on November 9, 2009 at 4:31 pm under Social Media.
Tags: acquisition, benefit-most, devices, local/mobile, m&a, make-it-easier, over-the-past, probably-heard, their-devices
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