Intuit to acquire employee time-tracking and scheduling app TSheets for $340 million

Financial software giant Intuit has announced plans to acquire TSheets, the company behind the eponymous time-tracking and employee scheduling app, in an all-cash deal valued at around $ 340 million. Founded out of Idaho in 2006, TSheets’ cross-platform app enables employees to clock in and out of a shift using their own mobile devices, with […]

Sens acquire Matt Duchene in blockbuster trade with Avs, Preds

The Senators acquired centre Matt Duchene from the Colorado Avalanche on Sunday in a three-team deal that involved Ottawa also dealing forward Kyle Turris to the Nashville Predators. Colorado will receive prospects Samuel Girard, Vladislav Kamenev and a 2018 second-round draft pick from Nashville along with forward Shane Bowers, goaltender Andrew Hammond, a 2018 first-round […]

Delphi Will Acquire nuTonomy in Latest Autonomous Push

– In the realm of autonomous technology, Delphi and nuTonomy already had a lot in common. Both established pilot projects involving automated cars in Boston and Singapore. Both believe the commercial-vehicle market holds more short-term promise for widespread deployment. Both have been searching for ways to reach that market faster. – One solution: Join forces. […]

Cisco to acquire cloud communications company Broadsoft for $1.9 billion

Networking giant Cisco has announced plans to pay out $ 1.9 billion to acquire Broadsoft, a Maryland-based cloud communications company that creates software for PBX systems, team collaboration, and other related enterprise products. Though Cisco is better known for its data center and networking hardware, the company has long intimated its intentions to transition into a software […]

Google/HTC deal is official, Google to acquire part of HTC’s smartphone team

Enlarge The Google and HTC deal is official, it’s just not quite what we were expecting. Google isn’t buying HTC outright, à la Motorola; instead, Google and HTC have signed an agreement to send some of HTC’s employees over to Google, while HTC gets a $ 1.1 billion cash infusion. The deal also includes a non-exclusive license for HTC’s […]

Cisco to acquire hyperconvergence software company Springpath for $320 million

Networking giant Cisco has announced plans to acquire hyperconvergence software company Springpath in a deal worth $ 320 million. Founded out of Sunnyvale, California as Storvisor back in 2012, the company launched out of stealth three years later as Springpath. Cisco actually led Springpath’s $ 34 million series C funding round in 2015, and the […]

Hubble Family of Connected Nursery Devices to Acquire Allianz & BCG Digital Ventures-Backed Kaishi

PRESS RELEASE: Hubble, a leading licensee of Motorola Brand, announces plan to expand leadership position in fast-growing digital nursery platform SINGAPORE & MANHATTAN BEACH, Calif. & LONDON & HONG KONG–(BUSINESS WIRE)–August 2, 2017– Hubble Connected (Hubble), the global leader of connected nursery products sold under the Motorola brand, announces today the intent to acquire Kaishi […]

China’s Geely to Acquire Majority Stake in Lotus

– China’s Geely will buy a majority stake in Lotus as the British sports-car maker’s Malaysian owner attempts to recoup years of losses and expand its fledgling Proton brand to China. – Geely’s parent company, Zheijang Geely Holding Group, has owned Volvo since 2010. When the deal closes in July, the company will also own […]

Helios and Matheson Analytics and RedZone Acquire License to Facial Recognition Technology from Israeli Biometrics Technology Company, IsItYou™

PRESS RELEASE: RedZone MapTM to Integrate Facial Recognition Technology with Its Proprietary Artificial Intelligence Solution to Enhance Situational Awareness MIAMI & NEW YORK–(BUSINESS WIRE)–May 23, 2017– Helios and Matheson Analytics Inc. (NASDAQ:HMNY) and RedZone, creator of the RedZone Map™ navigation app, a tool for situational awareness and enhancement of personal safety, announced today that Helios […]