The Honest Company, purveyor of healthy & non-toxic household & personal care products, is up for sale, according to an article by Re/Code.
Category: Acquisition
Lyft president John Zimmer has repeatedly denied that the ridesharing company is looking to be purchased. However, it looks like Lyft may have denied something else: General Motors’ offer to purchase Lyft.
Who doesn’t like rankings and stats? Here for you we have CB Insights‘ latest report listing the Fastest $1B+ Exits for US VC-Backed Companies
- Airwatch: is focused in enterprise-grade mobile device, application, and content management. It is also the fastest acquisition post-investment, selling the company to VMware for $1.24B just 364 days after its first funding round.
- Flexus Biosciences: sold to Bristol-Myers Squibb for a total of $1.25B.
- Oculus: Popular virtual reality headset manufacturer , was acquired by Facebook for $2B.
- PopCap: Is a video-game company that develops and publishes popular games such as Plants vs Zombies and Bejewled.
- Jet.com was bought by Walmart for $3.3B a little over a year after the site was officially launched.
- Cruise Automation: is the a leader in the driverless industry, developing autonomous technology. It was acquired by GM for over $1B.
- Lynda.com: is an online learning company that provided video tutorials teaching software, creative and business skills. It was acquired by LinkedIn last year for $1.5B.
- Instagram: One of the biggest social media, photo sharing mobile apps. Was acquired by Facebook for $1.01B.
- WhatApp: Mainstream cross platform instant messaging app was acquired by Facebook with an astonishing $22B price tag.
- Nicira: Cloud-based company that virtualizes the network for a software defined data center. It was acquired by VMware for $1.26B.
Sources:
Snapchat has been recently in the news for receiving its biggest threat yet, the introduction of ‘Instagram Stories’. Many may have been wondering what would be Snapchat’s comeback move, new filters? new masks? Well today it seems that we have an answer.
Jet, the young start-up taking over the e-commerce market, is in talks of being acquired by the retail giant Walmart. There is no set price yet but the latest valuation seems to be around $3 billion.
Continue reading “Jet.com is acquired by Walmart and the war on Amazon just got real”
Quip, the four year old cloud-based word processing company, backed by investors of the scale of Benchmark and Greylock Partners, was snagged by Salesforce today in a multi-million dollar deal.
Continue reading “Private company Quip is acquired by giant Salesforce for $750M”
Microsoft and its two most recent acquisitions
The tech giant, Microsoft, has been on a shopping spree this month of June. Here is the breakdown of how much they spent and which companies they acquired.
