Microsoft Corp. has announced the acquisition of California-based video discovery technology company VideoSurf Inc. Founded in 2006, VideoSurf offers a back-end computer vision technology that “sees” frames inside videos to make discovering content fast, easy and accurate. Over time, Microsoft will integrate this technology across its entertainment platform to augment the Xbox 360 ecosystem and [...]
Leading online global travel network TravelShark continues to enhance its position in popular destinations across Asia Pacific and Europe with the acquisition of 80 new major-market, destination-specific websites. TravelShark’s newest domain acquisitions – all now live sites with new and enhanced TravelShark content – include heavily trafficked sites in premium travel locales, including BeijingHotels.com, SingaporeHotels.com, [...]
Sony Corporation (“Sony”) and Telefonaktiebolaget LM Ericsson (“Ericsson”) announced that Sony will acquire Ericsson’s 50 percent stake in Sony Ericsson Mobile Communications AB (“Sony Ericsson”), making the mobile handset business a wholly-owned subsidiary of Sony. The transaction gives Sony an opportunity to rapidly integrate smartphones into its broad array of network-connected consumer electronics devices – [...]
IBM (NYSE: IBM) announced that it has completed the acquisition of Q1 Labs Inc., a privately-held company based in Waltham, Mass. On October 4, IBM announced that it had entered into a definitive agreement to acquire Q1 Labs, which provides advanced analytics to detect and flag suspicious or abnormal events. Financial terms were not disclosed. [...]