Google acquires mobile payment company Softcard to boost mobile wallet

Google has officially acquired, mobile payment solution company Softcard following reports last month. Softcard is backed by Verizon, AT&T, and T-Mobile. Financial terms of the deal were not disclosed.

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Snapdeal acquires Exclusively.com for online luxury mall

With an aim to boost its fashion business even further, Snapdeal has acquired online luxury fashion store Exclusively.com (formerly Exclusively.in). Financial details of the deal are not disclosed.

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Twitter acquires Niche, a talent agency for internet celebrities

Twitter has acquired Niche, a startup that connects advertisers with creative users on services like Vine to make money. It provides monetization strategies along with cross platform analytics tools.

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Microsoft officially confirms Sunrise calendar app acquisition

Microsoft has confirmed that it has acquired the popular calendar app Sunrise. The official announcement comes from the company following a report about the same last week.

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Google buys kids storytelling app maker Launchpad Toys

Google has acquired Launchpad Toys, a kids storytelling app maker for an undisclosed sum. Founded in 2010, Launchpad Toys makes popular mobile apps for children including an augmented reality app called TeleStory.

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Ola Cabs to reportedly buy TaxiForSure for about $200 million

Ola Cabs is gearing up to acquire TaxiForSure, according to a report from the Times Of India. The deal between the two online taxi aggregators is estimated between $200-$250 million as per the report.

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Dropbox buys design collaboration platform Pixelapse

Dropbox has bought Pixelapse, a startup building collaboration tool for designers, for an undisclosed amount. Founded in 2011, Pixelapse will work towards integrating its service into Dropbox over the next year.

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Three UK to buy O2 UK for £9.25 billion

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Since BT confirmed they were in talks to buy EE and not O2, there’s been a lot of rumours that Three UK owner Hutchinson Whampoa Limited (HWL) would attempt to acquire O2 in a bid to strengthen its UK position. This morning the company have issued a press release confirming they are in exclusive talks to buy O2 UK from Spanish parent Telefónica, S.A. in a deal worth £9.25 billion. Continue reading “Three UK to buy O2 UK for £9.25 billion”