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Articles tagged with acquisition

OtterBox Acquires Rival Protective Case Maker LifeProof

OtterBox, which makes the top-selling protective case for smartphones, has announced the acquisition of LifeProof. Headquartered in San Diego, LifeProof also makes protective cases and accessories for smartphones and tablets.

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Found 1 hour ago on channel TechCrunch

LinkedIn Has Definitely Acqui-Hired Maybe, Omar Hamoui's Polling Startup, Minus Hamoui Himself

Fresh from closing its purchase of newsreading app Pulse, LinkedIn has made another acquisition to dive deeper into the mobile space. TechCrunch has found out, and confirmed, that the social network has aqui-hired Maybe, the social polling startup founded by Omar Hamoui -- the man who set up, ran and then sold mobile ad company AdMob to Google for $750 million.

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Found 8 hours ago on channel TechCrunch

GiftCards.com Agrees To Buy Giftly To Grow A Mobile Platform

GiftCards.com, a Pittsburg-based company that has been around for more than a decade and has sold 5 million gift cards, agreed to buy San Francisco startup Giftly to grow out a mobile platform. The terms of the deal weren’t disclosed, but Giftly had raised about $2.8 million from investors including Baseline Ventures, SoftTech VC, Floodgate, Thrive Capital, and Techstars’ David Tisch. Giftly’s acquisition follows a number of other ones. Karma was picked up very early by Facebook although it may not produce meaningful revenue for some time for the social network, according to its earnings results earlier this year. Another gifting startup, Giftiki, which pooled together people’s money to get gifts, was acquired by Launchrock. Giftly built a platform that avoided the hassle of individually dealing with merchants and point-of-sale systems. They came out with a native mobile app last fall that made it easier to send presents to friends and family. The company’s platform didn’t put ...

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Found 11 hours ago on channel TechCrunch

Google X Acquires Makani Power And Its Airborne Wind Turbines

After previously investing into the company, Google has now acquired Makani Power, a green energy startup that is currently building airborne wind turbines. The acquisition was first reported in Brad Stone’s Businessweek story about Google X and judging from Stone’s story, the team will join Google X. Google invested $10 million in the Alameda, CA-based company in 2006 and another $5 million in 2008. As far as we can see, this also marks the first time Google has acquired a company specifically for its Google X skunkworks. Stone reports that Google CEO Larry Page approved the acquisition, but as Google X’s director Astro Teller notes, Page said that X “could have the budget and the people to go do this, but that we had to make sure to crash at least five of the devices in the near future.” The company was founded by Saul Griffith and Don Montague, a former World Cup windsurfer. The price of the acquisition was not disclosed. Makani says it hopes that this acquisition will provide ...

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Found 12 hours ago on channel TechCrunch

Adobe Acqui-hires Thumb Labs To Make Mobile Apps For Behance And Its New Creative Cloud

Another step for Adobe in its bid to become the go-to place in the cloud for those working in design and other creative industries: it is acquiring Thumb Labs, a bootstrapped, New York-based mobile app design agency. Jared Verdi, one of the co-founders of Thumb Labs along with Rich Kern, tells TechCrunch that financial terms of the Thumb Labs acquisition are not being disclosed. The news follows on from Adobe’s acquisition of another New York-based design startup, Behance, a platform for designers and others in the creative industries to share their work, which Adobe picked up in December 2012 reportedly for around $150 million. Earlier this month, Adobe put the Behance acquisition into context when it announced a massive push on its Creative Cloud strategy, with social/community features powered by Behance. Verdi tells TechCrunch that Thumb Labs will see out existing contracts it has with other clients, but as of May 31, it will focus its efforts exclusively on making mobile apps for ...

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Found 12 hours ago on channel TechCrunch