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HindustanTimes Tue,02 Sep 2014

Top 10 technology mergers

Vivek Sinha, Hindustan Times  New Delhi, December 23, 2011
First Published: 14:13 IST(23/12/2011) | Last Updated: 21:33 IST(24/12/2011)

The Year 2011 saw a flurry of buyouts by the Information Technology firms across the world. A large majority of these acquisitions were aimed at adding capabilities, gaining market share or access to patents for the larger acquirer IT firm. Even as the list is not exhaustive, we are listing the ten hot IT acquisitions that happened during the year.

1. August, 2011: Google, primarily a search and online advertising company acquired US-based Motorola Mobility for $12.5 billion (Rs 65,600 crore) in an all cash deal. The acquisition provides Google an access to Motorola's around 17,000 patents. This is expected to help fast track the ecosystem of Google’s Android operating system.

2. December, 2011: Social Media giant Facebook acquired Gowalla for an expected about $3million (Rs 15.6 crore) of Facebook shares. The deal involves Facebook hiring the co-founders of Gowalla that has developed the concept of "checking in" at real-world locations with mobile phones. Facebook will not acquire Gowalla’s technology and it is expected that Gowall’s services will be shut down at the end of January next year.

3. May, 2011: Twitter, a micro blogging social networking site, acquired TweetDeck for around $40 million (Rs 210 crore). The deal involved both cash and Twitter stock. A couple of months earlier UberMedia---a Twitter competitor--- was in talks with TweetDeck for a possible buyout.

4. October, 2011: Hewlett-Packard (HP) completed its $12 billion (Rs 63,000 crore) buyout of British software firm Autonomy. The Cambridge, England-based Autonomy has software that searches unstructured data like emails, phone calls and tweets that do not fit into traditional databases.

5. May: 2011: Microsoft acquired the Internet phone service Skype for around $8.5billion (44,600 crore). Several analysts considered the deal to be over priced. The acquisition is expected to provide Microsoft a foothold in voice and video communications.

6. March 2011: Computing storage device firm Western Digital bought Hitachi Global Storage Technologies, a fully owned subsidiary of Hitachi, for around $4.3 billion (Rs 22,500 crore). Under the terms of the agreement Western Digital pays Hitachi Global Storage about $3.5 billion in cash and 25 million Western Digital shares valued at another $750 million.

7. July 2011: Electronic Arts (EA) acquired PopCap Games for around $1.3 billion (Rs 6,820 crore). PopCap Games is the company behind hits such as Plants versus Zombies, Zuma and Bejeweled. PopCap games have been installed 150 million times worldwide.

8. December 2011: The BPO division of software services firm Infosys has acquired Australia-based Portland Group for A$37 million (Rs 195 crore) in an all cash deal. Portland Group provides strategic sourcing and category management services. The deal is expected complete by early January 2012.

9. April, 2011: Azim Premji-led software major Wipro acquired the global oil and gas IT arm of US-based technology company SAIC (Science Applications International Corporation for $150 million (Rs 790 crore). The acquisition was aimed at providing Wipro an access to SAIC’s 10 top clients in the oil and gas sector.

10. December 2011: SAP acquired cloud-based human capital management firm SuccessFactors for about $3.4 billion (Rs 17,900 crore). The acquisition is part of SAP’s plan to create an advanced end-to-end offering of cloud and on-premise solutions for managing business processes.

* All conversions are based on current exchange rates


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