Tag Archives: acquisition

Microsoft Writes Down $7.6B Of Its Nokia Acquisition, Proclaims 7,800 Layoffs

Microsoft’s signaled and anticipated goodwill impairment, referring to its earlier buy of nearly all of Nokia’s hardware belongings, passed off this morning — with the software program firm erasing $7.6 billion from its books. The agency’s efforts to elbow into first-celebration hardware have subsequently acquired an enormous setback, writing down

Amazon completes Twitch acquisition

Since Amazon Prime’s two-day supply apparently does not apply to enterprise acquisitions, Amazon’s acquisition of streaming service Twitch, which was introduced on August 25, has solely simply been finalized. A submitting with the USA Securities and Trade Fee has confirmed the $970 million deal is

Google beats Fb to acquisition of drone maker

Google has simply agreed to purchase Titan Aerospace, a maker of excessive-altitude photo voltaic-powered drones that was in acquisition talks with Fb just some months in the past. In response to the Wall Road Journal, the Mountain View firm hopes to make use of these