Tag Archives: Acquires

Apple Acquires PowerbyProxi, a New Zealand-Based Wireless Charging Firm

HIGHLIGHTS Apple has acquired a New Zealand-based firm PowerbyProxi The deal amount has not been disclosed PowerbyProxi specialises in wireless charging technologies based on Qi Apple that recently introduced wireless charging to its smartphone lineup has acquired a New Zealand-based firm PowerbyProxi for an undisclosed sum. According to a report in stuff.co.nz on Wednesday, Apple bought PowerbyProxi which specialises in wireless ... Read More »

LIFESTYLE HOSPITALITY DEVELOPER ACQUIRES MANCHESTER SITE

Lifestyle hospitality developer SACO Property Group has acquired a site in central Manchester for its first hotel in the city. SACO Property Group, the development arm of SACO The Serviced Apartment Company, has purchased the site of the former Atrium Serviced Apartments on the corner of Princess Street and Whitworth Street from real estate funds managed by Blackstone. The deal ... Read More »

Razer Acquires Nextbit, Sale of Nextbit Robin Halted

In a surprise move, cloud-centric smartphone maker Nextbit has been acquired by gaming company Razer. While the financial details have not been disclosed, the company’s assets and employees will be absorbed by Razer moving forward. In its blog, Nextbit said that even though it is now a part of Razer, the company will not falter from its mission. It will ... Read More »

Housejoy Acquires Fitness Startup Orobind

Home services booking portal Housejoy on Wednesday announced its acquisition of Orobind, a startup which provides a mobile app for discovery and home booking of personal fitness coaches. The terms of the acquisition were not disclosed. The entire Orobind team will also be moving to Housejoy. As a part of the deal, Housejoy has acquired the trainers of Orobind, the ... Read More »

Amazon Acquires Indian Payments Processor Emvantage

Amazon.com Inc said it has acquired Indian payments processor Emvantage Payments Pvt Ltd for an undisclosed sum. Emvantage’s employees will join Amazon’s India unit that will use the company’s technology on its e-commerce website, Amazon said in a statement. Amazon has been rapidly expanding into India’s fast growing e-commerce segment that is likely to grow to $220 billion (roughly Rs. ... Read More »

Microsoft Acquires Groove Music App for iOS From Zikera

Microsoft has acquired the Groove music app for iOS from Canadian startup Zikera. The Groove app creators confirmed the acquisition stating that, “We are thrilled to announce that Groove has been acquired by Microsoft!” Zikera in its Medium post on Wednesday added that the Groove app is no longer available to download but those who have already downloaded the app ... Read More »