Verizon to acquire AOL for $4.4 billion

Verizon has agreed to acquire AOL for $4.4 billion in a bid to tap the growing mobile video and advertising market. The agreement will also support and connect to Verizon’s IoT (Internet of Things) platforms, creating a growth platform from wireless to IoT for consumers and businesses.

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Twitter revenue hits $436 million, 302 million MAU in Q1 2015

Twitter announced its financial results for the quarter ended March 31, 2015. The micro blogging site reported that the revenue was $436 million in Q1, an increase of 74 percent on a year-over-year basis however, well below estimates of $456 million.

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Apple acquires camera technology company LinX

Apple as acquired Israeli camera technology firm LinX. The financial details of the deal are not disclosed but CNBC says that it is estimated at $20 million.

LinX camera

Founded in 2011, LinX specializes in “multi-aperture imaging technology” for DSLR-quality images. The company’s cameras use multiple sensors to capture both 2D and 3D image. It also creates sensors with multiple lenses to help capture several images at the same time. The pictures can then be blended together into a single image, allowing for changing the image focus afterwards.

Apple confirmed the acquisition with its standard statement when it has bought a company. “Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans,”

In June 2014, LinX announced its first multi-aperture cameras designed for smartphones. LinX cameras are smaller in height than the regular mobile camera, but it delivers better quality and more detailed image. LinX claims that its camera systems also create better images in low light conditions, and faster exposure times in standard indoor light.

LinkedIn acquires Refresh iOS app that helps you prepare for professional meetings

LinkedIn has acquired Refresh, a startup that provides predictive insights before professional meetings with its iOS app. The financial terms of the deal has not been disclosed.

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Microsoft acquires Office plug-in maker LiveLoop

Microsoft has scooped up LiveLoop startup, that offers Office collaboration tools, according to a report from Zdnet. LiveLoop’s service will shut down on April 24, as a result of the acquisition.

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Opera acquires online privacy company SurfEasy

Opera Software has made its first security focused acquisition. The company has acquired SurfEasy Inc., a leading Toronto-based company that provides an easy-to-use VPN solution for protecting customers’ online privacy and security on smartphones, tablets and computers.

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InMobi CEO Naveen Tewari denies Google’s acquisition talks

Yesterday it was reported by The Economic Times that Google is looking forward to buy Indian mobile ad network firm InMobi. However, InMobi CEO, Naveen Tewari has spoken out and denied the acquisition talks.

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Snapdeal eyeing Freecharge acquisition for Rs 2,800 Cr

Snapdeal is looking forward to buy online mobile recharge platform Freecharge, according to a report from The Economic Times. The deal is expected to be sealed at Rs 2,800 Cr ($450M).

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