AMEE, a company that provides Internet-based calculation and storage of the carbon footprints, has received ‘substantial’ Series A funding from O’Reilly Alphatech Ventures (OATV), Union Square Ventures (USV) and The Accelerator Group (TAG).
Archive for the 'Investments' Category
NDS, a DRM, PVR and interactive TV company, will be taken private, away from its current public listed status. News Corporation currently owns approximately 72% of the equity and a stunning 96% of the voting power of NDS through its ownership of 100% of the outstanding Series B shares.
Best Buy, the US consumer electronics retail giant, is intending to buy 50% of Carphone Warehouse’s retail operation for £1.1 Billion. Best Buy and Carphone Warehouse have known each other for a while, as CW have been selling mobile phones in concessions within Best Buy’s shops in the US over the last two years.
ZYB, a service that lets you backup your mobile phone contact and access them on the Web, has branched out and made a company purchase. They’ve bought a Danish mobile social networking company, Imity, for an undisclosed sum.
The tussle between Yahoo and Microsoft has gone through a couple of extra rounds of late. We thought we’d bring you up to date with the current state of play. Back in Feb Microsoft offered Yahoo $44Bn. Yahoo said no thanks.
It’s being reported that there’s ‘secret’ discussion going on between Rupert Murdoch’s News Corp and Yahoo, apparently in an attempt to find an alternative route to Microsoft buying it.
The next twist in the Microsoft wants Yahoo story has just come to light. Yahoo has filed a Form 8-K with the US SEC saying that after a jolly good think about it, Yahoo has decided that Microsoft’s unsolicited proposal to purchase them is not in the best interest of Yahoo. Their detailed response was [...]
Here’s a copy of the letter in full between Steve Balmer and the Chair and CEO of Yahoo, for your delectation. Board of Directors Yahoo! Inc. 701 First Avenue Sunnyvale, CA 94089 Attention: Roy Bostock, Chairman Attention: Jerry Yang, Chief Executive Officer Dear Members of the Board:
H O L D the phone! Microsoft are reporting that they will be making a offer to purchase Yahoo for approx $44.6 billion in cash and stock. This is not a joke, repeat, this is not a joke. It’s on the Microsoft site!
Macrovision, content protection company, has agreed to purchase TV listing company, Gemstar-TV Guide International in a cash and stock transaction with a value of approximately $2.8 billion.