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What's the internet's most popular game-streaming service worth? About $1 billion, if VentureBeat sources have their story straight. Earlier this year, Variety and the Wall Street Journal reported that Google was in talks to acquire Twitch, but conceded that the two companies were only just starti...

July 24th 2014 at 5:20pm 0 Comments
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AT&T may not be the only one landing a big acquisition this weekend. Variety claims that Google's YouTube division has struck a deal to buy Twitch, the game-focused video streaming service, for more than $1 billion. Neither side is commenting on the rumor, but it's easy to see why YouTube woul...

May 18th 2014 at 7:34pm 0 Comments
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AT&T clearly isn't taking Comcast's recent acquisition efforts lying down; it just announced plans to buy DirecTV in a deal worth about $48.5 billion. The communications giant sees a takeover as an opportunity to expand how it delivers video beyond just the bundles it has today. If officials a...

May 18th 2014 at 5:28pm 0 Comments
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After 14 years of partnership, Verizon now has full control over its cellphone business. The telecom giant has officially completed its buyout of Vodafone's 45 percent stake in Verizon Wireless, giving it both more independence and leaner operations. The American provider isn't saying just what it...

February 21st 2014 at 2:03pm 0 Comments
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After months of rumors and a public battle with Charter Communications, CNBC reporter David Faber reports that Time Warner Cable will be acquired by Comcast tomorrow. According to sources, the number one cable TV (and internet) provider in the US will make an all-stock deal worth $159 per share to...

February 12th 2014 at 10:09pm 0 Comments
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OCZ's memory technology won't fade into obscurity after all -- Toshiba has agreed to buy the ailing company's assets for $35 million through a bankruptcy auction. As long as the bid wins, Toshiba expects to acquire OCZ's solid-state drive businesses in January. The deal also supplies the financing...

December 3rd 2013 at 1:34pm 0 Comments
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Michael Dell and investment firm Silver Lake Partners' joint bid to take Dell private has just cleared its final obstacle: regulatory approval. That means the deal is now all but completed. The transaction, valued at $25 billion, will see Dell transitioning to a private entity by the end of the co...

October 1st 2013 at 2:03pm 0 Comments
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Dell has finally agreed to let founder Michael Dell take the company private through a partnership with investment firm Silver Lake Partners, in a deal valued $24.9 billion. The transaction, which is still pending regulatory approval, should see stockholders receiving $13.88 per share of common st...

September 12th 2013 at 10:29am 0 Comments