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9 of the most notable tech acquisitions of 2016

Posted by: Robert Stokes
17/08/2016

The first half of 2016 has already been packed full of major tech acquisitions and Computer World has taken it upon themselves to list some of the most notable corporate takeovers to occur so far this year:

1) July 2016: Oracle buys NetSuite
Oracle is set to acquire software provider NetSuite for £7 billion in an all-cash deal.
Previously founded by Oracle funder Larry Ellison back in 1998 and known for its CRM, cloud ERP and ecommerce services, NetSuite now provides software and cloud-based support to 24,000 organisations.

2) February 2016: Verizon and Yahoo
Yahoo’s boards have agreed to sell the company’s core internet operations to Verizon for $4.8 billion. Yahoo is expected to sell its email service and news, finance and sports websites in addition to its advertising tools.

3) June 2016: Microsoft and LinkedIn
In June this year, Microsoft announced that it would be buying LinkedIn for $26 billion (£19 million). LinkedIn is the leading social media for professionals with more than 433 million members worldwide.

4) April 2016: Salesforce and MetaMind
Salesforce acquired the Californian artificial intelligence start-up MetaMind for $32.8 million (£25 million). Salesforce plans to use MetaMind’s machine learning capabilities with its cloud-based CRM products in order to gain new customers.

5) February 2016: IBM and The Weather Company
The Weather Company provides real-time forecast and powers the 4 most used mobile apps in the US. IBM has taken over its B2B mobile and cloud-based web properties.

6) July 2016: MasterCard and Vocalink
A couple of weeks ago, MasterCard acquired London-based ATM operator Vocalink for £869 million. Owned by some of the world’s major banks and financial firms, including Barclays, HSBC and Lloyds, Vocalink controls Link, Britain’s network of cash machines.

7) May 2016: Microsoft and Solair
In May Microsoft acquired Italian-based internet of Things (IoT) company Solair for an undisclosed amount. Founded in 2011, Solair has provided IoT solutions to firms such as Italian espresso machines manufacturer Rancilio Group and food processing machine company Minerva Omega Group.

8) January 2016: Apple and Emotient
Emotient, the San Diego-based artificial intelligent start-up, uses AI technology to read people’s emotions based on analysing facial expressions. Its software is often used by advertisers to assess the success of campaigns based on viewer’s reactions.

9) February 2016: BlackBerry and Encription
BlackBerry acquired UK-based cyber security consultancy firm Encription. Executive Chairman and CEO at BlackBerry, John Chen said: “BlackBerry is the gold standard when it comes to security and we’re always evolving to maintain this high standard, as the complexity of enterprise mobility and security increases”.

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