Milan Aryal's Latest Posts

Monday, February 24, 2014

Tech Takeovers

Tech Takeovers

AGENCE FRANCE PRESSE

NEW YORK: Facebook’s purchase of messaging service WhatsApp for up to USD 19 billion in cash and stock is one of the largest acquisitions ever in the technology sector.

Here are some other notable deals involving US tech companies, in order of dollar amount from largest to smallest:

Hewlett–Packard buys Compaq — September 2001

US technology giant Hewlett–Packard buys Compaq Computer for USD 25 billion in a bid to compete with IBM.

Google buys Motorola Mobility — August 2011

Internet search giant Google buys the hand–set business of Motorola for USD 12.5 billion in a bid to challenge Apple in the smartphone market. Less than three years later, Google sold Motorola to China’s Lenovo for USD 2.91 billion.

Hewlett–Packard buys Autonomy — August 2011

US technology giant Hewlett–Packard buys British enterprise software company Autonomy for USD 10.24 billion. US authorities later open an investigation amid HP accusations that Autonomy had engaged in ‘accounting improprieties’.

Microsoft buys Skype — May 2011

Microsoft buys internet voice and video leader Skype for USD 8.5 billion, the largest acquisition ever by the US software giant.

Oracle buys Sun — April 2009

US business software giant Oracle buys struggling Sun Microsystems and its Java programming language for USD 7.4 billion.

Microsoft buys Nokia — September 2013

Microsoft buys the hand–set business of former market leader Nokia for USD 7.2 billion in an effort to catch up to rivals Apple and Google in the smartphone market.

Google buys YouTube — October 2006

Internet search giant Google buys online video platform YouTube in October 2006 from its founders, Steve Chen and Chad Hurley, for USD 1.65 billion.

eBay buys PayPal — June 2002

Online auction house eBay buys online payments firm PayPal for USD 1.5 billion.

Yahoo buys Tumblr — May 2013

Former Google executive Marissa Mayer makes her biggest purchase since taking over as CEO of Yahoo, buying the popular blogging platform Tumblr for USD 1.1 billion.

Facebook buys Instagram — April 2012

Facebook offers USD one billion for hot smartphone photo–sharing service Instagram. The purchase of Instagram was Facebookk’s largest until the WhatsApp deal.