Vancouver-based Recon Instruments, a smart eyewear company, was bought yesterday (June 17) by wearable-tech-hungry Intel, after buying smartwatch maker Basis last year. According to Recon CEO Dan Eisenhardt’s blog post, Intel, which wants to play an active role in the wearable revolution, is an ideal partner....
ATM manufacturer NCR Corp. (NCR) seems to be responding to its shareholders’ recent calls to go on sale. Blackstone and Carlyle, the world’s two largest private equity firms, are joining forces to acquire NCR, reports Reuters. The buyout is said to be more than $10...
Target will soon be out of the pharmacy business and CVS is stepping in. That’s the big news that came out of Target yesterday (June 15) when it was announced that Target has reached an agreement with CVS Health for the company to acquire its...
Shoptiques.com is Yelp’s latest addition to its growing family of partners. With this partnership, Yelp is increasing its inventory of local boutiques such as Olive & Bette’s in New York or y&i Clothing Boutique in San Francisco. According to Yelp’s blog, Shoptiques.com is Yelp’s first...
Iyzico, a Turkish payment service provider for apps and e-commerce, has just raised a $6.2 million Series B, bringing up its total to $9.4 million since launched in May 2012, Techcrunch reports. The round was lead by International Finance Corporation (IFC- of the World Bank...
While all signs were pointing to a Salesforce acquisition by Microsoft, it appears as though that deal has fallen through, CNBC reported, citing people said to be familiar with the matter. While talks began months ago about a potential deal that would have Microsoft taking over...
WooCommerce, an eCommerce tools company that helps WordPress users turn their site into an online shop, has been bought out by WordPress’ parent company Automattic — making WooCommerce officially a part of the Web software company’s family. The announcement came via a blog post from WordPress founder Matt Mullenweg,...
Acsena, which runs Lane Bryant and Dressbarn women’s clothing stores, is to buy Ann Inc., a large retailer for women’s everyday fashion in the U.S., known mainly for its two brands – Ann Taylor and LOFT. Ann Inc. is set to join Ascena for $2.15 billion....
Uber has made a bid for Nokia’s Here, Google Maps’ main competitor, for as much as $3 billion, reports The New York Times. Nokia had announced last month that it was interested in selling and now plans on signing a deal by the end of...
