AT&T Gets $15M VPN Contract From Swedish Company

AT&T was awarded a $15 million, four-year contract, renewing a networking deal with Assa Abloy, a Swedish lock and security solutions company. The agreement will see AT&T deploy a global virtual private...

Apple Acquires Topsy For $200M

Apple has acquired Topsy for a reported $200 million. According to its website - Topsy is a realtime search engine powered by the Social Web. Unlike traditional web search engines, Topsy indexes and...

LivingSocial Sells Ticket Monster For $260 Million

LivingSocial has entered into a definitive agreement to sell its Korean-based Ticket Monster business to Groupon for $260 million in cash and stock. The deal is expected to close in the...

Google Buys FlexyCore

Google has acquired FlexyCore, a startup based in Rennes, France, for a reported $23.1 million. FlexyCore was founded by a former head of research and development for Texas Instruments, and makes software for mobile phones.

Amazon Gets Into The Education Business With TenMarks Acquisition

Amazon has reached an agreement to acquire online education company TenMarks for an undisclosed sum. The acquisition is expected to close in the fourth quarter of 2013. Dave Limp (Vice president, Amazon Kindle):...

Vonage Buys Vocalocity For $130 Million

VoIP communications provider Vonage has entered into a definitive agreement to acquire privately-held Vocalocity for $130 million. The transaction has been approved by the boards of both the companies, and is expected to close...

Baidu Signs Mobile Photo Sharing Deal With Cooliris

Chinese search giant Baidu is collaborating with Palo Alto, California-based company Cooliris, to bring mobile photo sharing services to its 100 million users. Baidu released the Cooliris app for iPhone and...

Groupon Buys Social Gifting Site Plumfare

Groupon has acquired social gifting site Plumfare for an undisclosed sum. "Plumfare set out to make it easy to find the best local gifts and experiences and we’re looking forward to continuing...

Yahoo Acquires Rockmelt

Rockmelt has been acquired by Yahoo, for a reported $60 to $70 million. The Rockmelt apps and web product will be shutdown by the end of this month, and the team is...

Facebook Acquires Gowalla, Opens First East Coast Office

By Sudarshana Banerjee Facebook has acquired location-sharing service Gowalla, reports Laurie Segall of CNN Money, citing sources close to the company. It is believed most of Gowalla's employees, including founder Josh Williams, will...

HP Converged Infrastructure Wins Three University Contracts

HP announced that three universities - Columbus State University in Columbus, University of North Florida in Jacksonville, and Florida’s University of Tampa have chosen HP Converged Infrastructure solutions. More details on...

IBM Closes Algorithmics Acquisition For $380.2 Million

IBM has closed its acquisition of Algorithmics.  Algorithmics provides software and services for improved business insights at banks and investment and insurance organizations to assess risk and address regulatory challenges. The...

IBM Buys Q1 Labs, Forms IBM Security Systems Division

IBM has announced a definitive agreement to acquire privately held Q1 Labs, a Waltham, Massachusetts-based provider of security intelligence software. Financial terms were not disclosed. Following the close of the acquisition, Q1...

Red Hat Acquires Gluster For $136 Million Cash

Red Hat has agreed to acquire Gluster, a privately-held company, for approximately $136 million in cash. As part of the transaction, Red Hat will also assume unvested Gluster equity outstanding on...

Cognizant Acquires Zaffera

Cognizant, a provider of information technology, consulting, and business process outsourcing services, has acquired substantially all of the assets of Zaffera,  a strategic SAP retail consulting and software development firm based in...