More acquisition Stories

Twitpay, a service that facilitates payments by users who publicly state who they want to send money to on Twitter, has been bought for $100,000 by investors led by Acculynk CEO Ashish Bahl and Morgan Keegan investment banker Keith Meyers, according to the Atlanta Business Chronicle. Read more »

Twitter didn’t disclose the terms of its acquisition of geo platform Mixer Labs in December, but some details have made it out since. What we know now: Mixer Labs had raised funding from Sequoia Capital and Twitter issued $5.17 million in stock alongside the transaction. Read more »

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Seesmic, in its efforts to be the Grand Central Station for social network updates, has “acq-hired” Ping.fm. Where Seesmic has mostly focused on the ability to consume social web information on various platforms, Ping.fm supports a variety of posting options. Read more »

Twitter announced this afternoon it has acquired Mixer Labs, a San Mateo, Calif.-based startup that recently launched GeoAPI, a reverse look-up service to help application makers know where their users are. Basically, developers get a layer of geo-goodness so they don’t have to build it themselves. Read more »

Friendster’s long startup saga is over: Malaysian payment company Mol Global has agreed to buy it for an undisclosed amount. Mol recently became the payments provider for the social networking site, which claims 115 million users and reportedly sees 90 percent of its traffic from Asia. Read more »

Paltalk, an online video chat firm, announced today that it has acquired Vumber, a virtual phone service, in an effort to capture additional revenues by offering virtual phone numbers to existing subscribers. The deal could provide Paltalk with additional features to bolster its existing video conferencing […] Read more »

Consolidation appears imminent in the free streaming music sector, as MySpace is on the verge of acquiring social music site Imeem. A source with knowledge of the situation confirmed that negotiations are in process, but no deal is set. If it happens, the buy would be […] Read more »

AdMob, the mobile advertising firm that recently made headlines thanks to a Google acquisition, might have become part of the Apple fold if things had worked out differently, according to a report by Bloomberg that appeared this weekend. Apple reportedly approached AdMob with interest before the […] Read more »

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Did Cisco snap up Starent on the eve of the telecom equipment provider announcing a partnership deal with Juniper Networks, Cisco’s rival in both switching equipment and telecommunications gear? Two analysts seem to think so, with Nikos Theodosopoulos, an analyst from UBS, writing that Cisco’s $2.9 […] Read more »

[qi:gigaom_icon_cloud-computing] VMware has finally joined Microsoft, IBM and Oracle as one of the four horsemen in the market for platforms for building, running and managing corporate and cloud applications. With its SpringSource acquisition, VMware can now compete with specialized platform-as-a-service offerings like Microsoft’s Azure. In addition, […] Read more »

Move Networks has acquired UK-based virtual set-top box provider Inuk Networks in a deal that adds a broadcast component to Move’s ongoing efforts to distribute television over the Internet. The purchase price was not disclosed but it at least partly involved Move shares. Inuk had raised […] Read more »

Break Media has purchased HBOlab, a.k.a. Runawaybox, Break CEO Keith Richman confirmed to NewTeeVee today. This was a deal we’ve been following for a couple months now, but according to Richman, this morning he is meeting with HBOlab team for the first time as Break employees. […] Read more »

Cramlington, UK-based Vizimo has acquired London-based TIOTI, an online video guide startup we covered way back in the first days of NewTeeVee. Read more »

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