Tag: M&A
Equinix is buying 13 data centers from Bell Canada for $750M
Equinix, the data center company, has the distinction of recently recording its 69th straight positive quarter. One way that it has achieved that kind of revenue consistency is through strategic acquisitions. Today, the company announced that it’s purchasing 13 data centers from Bell Canada for $750 million, greatly expanding its…
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Zynga acquires Turkey’s Peak Games for $1.8B, after buying its card games studio for $100M in 2017
Today, some news of a huge acquisition out of Turkey that represents the first billion-dollar-plus exit for a startup out of the country. Social gaming company Zynga confirmed that it is buying Istanbul-based Peak Games, the company behind popular Candy-Crush-style mobile gaming apps Toon Blast and Toy Blast, for $1.8…
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Cisco to acquire internet monitoring solution ThousandEyes
When Cisco bought AppDynamics in 2017 for $3.7 billion just before the IPO, the company sent a clear signal it wanted to move beyond its pure network hardware roots into the software monitoring side of the equation. Yesterday afternoon the company announced it intends to buy another monitoring company, this…
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Verizon CEO Hans Vestberg shares his COVID-19 strategy and tactics
This week, Verizon Communications CEO Hans Vestberg joined us for an episode of Extra Crunch Live. Vestberg is leading the company through the midst of one its biggest rollouts to date with the push into 5G connectivity. In our discussion, he spoke about how he’s managing the organization during this…
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Verizon wraps up BlueJeans acquisition lickety split
When Verizon (which owns this publication) announced it was buying video conferencing company BlueJeans for around $500 million last month, you probably thought it was going take awhile to bake, but the companies announced today that they has closed the deal. While it’s crystal clear that video conferencing is a…
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Facebook to acquire Giphy in a deal reportedly worth $400 million
Facebook will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million, according to a report by Axios. Facebook said it isn’t disclosing terms of the deal. Giphy has grown to be a central source for shareable, high-engagement content, and…
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