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EA is purchasing Glu Mobile for $2.4 billion
Electronic Arts is acquiring the mobile game developer behind Kim Kardashian: Hollywood. The video game company has announced that it’s purchasing Glu Mobile in a $2.4 billion all-cash deal that the companies are expecting to close in the quarter ending on June 30th. EA Chief Executive Andrew Wilson said his company decided on the deal, because it believes “mobile is the fastest-growing platform on the planet.”
'Borderlands' developer Gearbox is merging with publishing giant Embracer
Embracer (aka THQ Nordic) is merging with 'Borderlands' creator Gearbox and buying the game port experts at Aspyr.
Uber is buying alcohol delivery service Drizly for $1.1 billion
Uber is buying the alcohol delivery service Drizly for $1.1 billion to expand Eats' reach.
Google now owns Fitbit
Both Park and Google’s Rick Osterloh also reiterated that this deal was always about “devices, not data.”
Visa abandons $5.3 billion acquisition after DOJ objections
Visa has abandoned its $5.3 billion bid to acquire fintech startup Plaid.
The UK is investigating NVIDIA's acquisition of ARM
The UK’s competition regulator has launched an investigation into NVIDIA’s $40 billion acquisition of ARM.
Nintendo is buying the developer of Luigi's Mansion 3
Nintendo has agreed to buy Next Level Games, the developer of the Luigi’s Mansion series.
Twitter is buying the team behind a podcast app to help build its audio Spaces
Twitter acquired the team behind Breaker, a podcast app that focused on community.
Reddit snaps up TikTok rival Dubsmash
Reddit has acquired short-form video platform and TikTok rival Dubsmash for an undisclosed sum, the companies announced.
Twitter acquires screen-sharing and video chat startup Squad
On Friday, Twitter announced the acquisition of Squad, an app that allows you to share your screen and video chat with friends at the same time.
Uber completes its $2.65 billion purchase of Postmates
The Postmates brand will be kept around, but the back ends will be integrated.
Facebook buys customer service and chatbot startup Kustomer
Kustomer's software creates a single-screen interface for businesses to manage their online conversations with customers and automate some interactions with the help of chatbots.
Spotify's latest acquisition will expand its ads tech to third-party podcasts
Spotify will let third-party podcasts use its ad tech thanks to its acquisition of Megaphone.
AMD expands its arsenal by snatching up programmable chip maker Xilinx
AMD is buying Xilinx for $35 billion to give it chip designs it could never have considered before.
Intel sells its NAND flash memory business to SK Hynix for $9 billion
Intel sold off its NAND flash memory business to South Korea's SK Hynix, but will retain control of the faster Optane technology.
Google will likely win EU approval for its $2.1 billion Fitbit deal
Google is reportedly on track to win EU antitrust approval for its $2.1 billion acquisition of Fitbit.
Epic is acquiring SuperAwesome, a company focused on kids' online safety
Epic Games is acquiring UK-based SuperAwesome, a company that powers kid-safe gaming technology.
Apple confirms it bought podcast curation app Scout FM earlier this year
Apple has purchased Scout FM, an app that makes it easy to find podcasts tailored to your tastes.
SoftBank is reportedly close to selling ARM to NVIDIA
SoftBank is said to be close to a deal to sell ARM to NVIDIA for a whopping $40 billion, shaking up the chip industry.
Apple buys a VR company that put real faces on virtual avatars
The company offered free-roam VR experiences, as well as a way of making virtual avatars that used your real face.