Canva has acquired Serif’s Affinity suite of creative apps, marking a significant stride in its competition against Adobe with a deal valued at several hundred million dollars (via Bloomberg). Canva is an Australian online design company valued at $26 billion. Its platform offers user-friendly design tools aimed at non-professionals and has a user base of […]
Read MoreHarman, a Samsung-owned audio electronics company, announced the acquisition of Roon – a music player platform for audiophiles, best known for its usability across multiple devices in multiple rooms, regardless of their brand. Harman owns audio brands such as AKG, dbx, JBL, and Soundcraft and operates globally. It has been part of Samsung since 2017, […]
Read MoreSamsung Electronics has announced that its subsidiary Harman has acquired Roon, an audiophile-grade multi-room and multi-connectivity music streaming platform. Roon is used by millions of audio enthusiasts worldwide, and the music streaming and discovery platform works well with many audio technologies, including AirPlay, Chromecast/Google Cast, and more. Samsung has made this acquisition in a bid […]
Read MoreJust a day after Apple debuted its Vision Pro headset, The Verge reports that Apple has acquired AR headset startup Mira, a firm most known to the public for providing headsets used on Mario Kart rides in Super Nintendo World at Universal Studios Japan and Universal Studios Hollywood. The Verge says Mira CEO Ben Taft […]
Read MoreSamsung Display, the world’s biggest OLED display panel maker, has agreed to acquire the US-based OLED microdisplay maker eMagin. The acquisition has been on the cards for a few months now, as there were multiple reports that Samsung was interested in eMagin’s technology that can be used in AR (Augmented Reality) and VR (Virtual Reality) […]
Read MoreApple recently acquired WaveOne, a California-based startup that was developing AI algorithms for video compression, according to TechCrunch. Apple did not confirm the acquisition, but former WaveOne executive Bob Stankosh said a “sale of the company to Apple” was finalized earlier this year. In addition, the report notes that WaveOne’s website was taken offline around […]
Read MoreIn an official newsroom post, Samsung announced that it has acquired two international standard certifications for cloud security: ISO 27001 and ISO 27017. Getting these two cloud security certifications also proves the company’s “world-class information protection and system operation capabilities.” The ISO 27001 certification (Information Security Management System) and the ISO 27017 certification (Cloud Service […]
Read MoreWhat you need to know Embracer Group is a holding company that owns multiple publishers and dozens of game development studios such as Aspyr, Saber Interactive, THQ Nordic, and more. Embracer Group announced that it is acquiring The Lord of the Rings and The Hobbit IP for an undisclosed amount. Embracer Group is also acquiring […]
Read MoreWhat you need to know Razer has acquired Interhaptics, which is also known as Go Touch VR SAS. Interhaptics develops haptic solutions for gaming on a variety of platforms, including virtual reality, mixed reality, augmented reality, mobile devices, and consoles. Razer is not new to the haptics game, having used haptics in its devices since […]
Read MoreIt is being reported that Samsung Display has acquired German startup Cynora, which specializes in OLED technologies. While the acquisition hasn’t been made public yet, Bloomberg claims the deal was finalized for around $300 million. Cynora’s technologies claim to make OLED screens more power-efficient and longer-lasting. The company claims that it can improve the efficiency […]
Read MoreUpdate May 2, 2022: The Initiative confirmed that Crystal Dynamics will continue their work on Perfect Dark after the acquisition. We’re excited to see Crystal Dynamics take these next steps with their studio. Our teams have made great progress in building Perfect Dark together as co-development partners, and we will be continuing this work with […]
Read MoreApple Card has been out for nearly three years now but it’s only available in the US. This might change soon as the Cupertino tech giant recently acquired UK-based fintech company Credit Kudos which handles consumer banking data and makes credit assessment checks. According to reports the deal is estimated at $150 million and will […]
Read MoreApple has acquired Credit Kudos, a UK open banking startup that seeks to help lenders make better decisions (via The Block). Credit Kudos offers insights and scores based on loan applications drawn from transaction and loan outcome banking data, sourced by the UK’s open banking framework. The company’s API offers lenders a way to get […]
Read MoreGoogle Glass may have been a failure, but the company hasn’t given up on the concept. However, it seems that it hasn’t had much success in developing a new design itself, so it has turned to acquiring startups to bring in new talent and technology. Two years ago it acquired North, a maker of AR […]
Read MoreThough Microsoft already has a host of cybersecurity firms under its belt, it appears Mandiant won’t be joining Redmond’s collection anytime soon. Early in February 2022, Bloomberg reported that Microsoft acquiring Mandiant was a possibility and that discussions were happening, though the report specified no offer had been made. Now, Mandiant itself has spoken up […]
Read MoreNetflix is continuing its growth in the video game market, purchasing a second game studio for its talent pool, as shared on Wednesday. In a press release, Netflix confirmed that it is acquiring Next Games, a Finnish mobile studio. Shareholders are slated to receive €2.1 in cash per share, for a total of €65 million, […]
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