Yahoo officially acquires Tumblr for $1.1 billion
After weeks of speculation and the Yahoo board approving the deal yesterday, Yahoo has officially announced that it will be acquiring the blogging site for a sweet $1.1 billion. Yahoo…
Tag Archives: Acquisitions
Yahoo probably buying Tumblr for $1.1 billion
According to the Wall Street Journal, the Yahoo board has approved a $1.1 billion cash deal to purchase blogging site Tumblr. The move will see one of the most unpopular…
Revision 3 acquired by Discovery for $30 Million
It seems the rumours were true, IPTV network Revision 3 has been acquired by Discovery. The network’s biggest show Diggnation was recently discontinued, however Rev3 has a strong lineup of…
Instagram acquired by Facebook, 1 Billion photos/dollars
This morning the world woke to news that Facebook was making its first large-scale, high-priced acquisition, Instagram. The smash hit photography app has garnered serious traction in less than two…
Hitachi to be spun into Western Digital, $4.3B acquisition
Breaking news in technology industry tonight, Western Digital have just announced they are acquiring the storage section of Hitachi. This means the number of hard drive manufacturers just decreased by…
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