Makeup empire L'Oreal wants to promote its huge collection of brands the high-tech way, so it's buying Modiface to make that happen. It's now in the process of acquiring the beauty tech company, which has been teaming up with big cosmetics brands for… Engadget RSS Feed
Google announced yesterday that it will acquire Xively from LogMeIn for $ 50M. This marks Google consolidation in the managed IoT marketplace as the latter expects 20 billion connected things to come online by 2020.
Xively allows enterprises to activate ‘connected products’ whereby its platform offers several features such as device connectivity, data management, identity management, integrations, security, and analytics. Smart home, smart energy, and connected products are typical use cases of Xively’s platform.
The acquisition will allow Google’s customers to add connectivity to their devices from the beginning as opposed to adding it as an ‘after-thought’. This will make the connection between the cloud-mobile app and ‘connected product’ more efficient and easy.
LogMeIn sold Xively to focus on ‘unified communications’ market. Two popular products it owns in the space are GoToMeeting and Join.me. Thus, the sale will give LogMeIn the much-needed cash it needs to purchase Jive communications, a cloud-based phone services company for $ 357M. LogMeIn also plans to expand its AI-powered customer engagement portfolio. The deal is even better for LogMeIn considering it bought Xively for $ 12 million in 2014.
As for Google, it gets a well-established ‘connected products’ management platform that it will upsell to its existing and new customers of Google Cloud IoT. And, Xively can itself become a ‘billion’ dollar business unit within Google as the latter’s combined cloud business generates nearly $ 1B in revenues.
Another acquisition that took place last month was that of elnfochips. It was acquired by Arrow Electronics to consolidate its IoT market via elnfochips’ 1,500 IoT solution architects, engineers, and software development resources globally.
Netflix has purchased Extinction, a Michal Peña and Lizzy Caplan-led sci-fi thriller that Universal recently scratched from its release schedule, Variety reports. Netflix plans to release the movie later this year.
This move is similar to the platform’s pickup of Julius Onah’s The Cloverfield Paradox, which Netflix bought from Paramount and then surprise-released after the Super Bowl on Sunday night. That movie started its life as a project called God Particle, with producer J.J. Abrams only figuring out how to work it into the Cloverfield series midway through filming; it has received mostly negative reviews. The Cloverfield deal implied that Paramount saw an opportunity to offload a mediocre movie — for a reported $ 50 million — rather…
T-Mobile recently urged the FCC to hold a millimeter wave (mmWave) spectrum auction in 2018, but that doesn’t mean that T-Mo won’t be getting hold of mmWave spectrum other ways in the mean time. T-Mobile has agreed to buy 1150MHz of millimeter wave spectrum. The spectrum is of the LMDS (28-31GHz) variety and is located in Ohio, including cities like Toledo, Cleveland, and Akron. In its FCC application for the deal, T-Mobile says that it intends … [read full article]
The underpinnings of Chrome OS have found their way into the server room in a very roundabout way. Red Hat has acquired CoreOS, the creators of an operating system for containerized apps (Container Linux) that shares roots with both Google's Chromiu… Engadget RSS Feed
SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $ 15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… Read More Mobile – TechCrunch
Buddybuild, a Vancouver, Canada-based application development service, today confirmed that it has been purchased by Apple. In a reversal of Apple’s typical statement that “we generally do not discuss our purpose or plans” for “smaller technology companies” bought “from time-to-time,” Buddybuild itself explained exactly what it will be doing within Apple.
The Buddybuild service promises “a continuous integration, continuous deployment, and user feedback platform for development teams,” currently helping developers to release iOS and Android apps using GitHub, GitLab, and BitBucket. With Buddybuild, every “git push” to the developer’s preferred git service automatically triggers a secure new build of the app, the running of unit or UI tests, and preparation of the app for beta testing or deployment to Apple’s TestFlight service.
In other words, Buddybuild streamlines the process of developing an app by building it, testing it, and readying it for sharing with testers. Apple similarly purchased the third-party service TestFlight in 2014 to assist developers in testing and gathering feedback for iOS apps; Buddybuild provides a more comprehensive approach.
According to Buddybuild’s site, the team has joined Apple’s Xcode engineering group and will build developer tools for iOS. For the time being, the team will remain in Vancouver and preserve its namesake service so that iOS apps can continue to be shipped by existing customers.
Buddybuild presently offers its service to iOS and Android customers, but will discontinue Android and Free Starter services on March 1. As of today, it is no longer accepting new customers for iOS or Android.
Apple confirmed the acquisition with VentureBeat but did not provide any additional information.