Duncan Riley
Latest from Duncan Riley
The spin stopped here: Fab.com sold in epic fire sale to PCH for $15 million
All but failed online e-commerce site Fab.com has been acquired by Irish custom design manufacturing company PCH International. The acquisition price was officially undisclosed, but Re/Code and others report the figure was $15 million, split between $8 million in PCH stock and $7 million cash. Perhaps one of the most over-hyped startups of what some ...
Spare change: Uber acquires mapping company deCarta
Uber Inc. has acquired San Jose, CA based mapping company deCarta Inc. for an undisclosed sum. Founded in 1996, deCarta provides geospatial software platforms that power Internet, mobile, personal navigation and location-based service applications, or if that doesn’t make sense, translated it provides mapping with bells and whistles in terms of features on top. “A lot ...
HP acquires Aruba Networks for $3 billion
Hewlett-Packard Co. (HP) has acquired wireless networking infrastructure technology outfit Aruba Networks Inc. According to reports the terms of the transaction will see HP buy Aruba for $24.67 per share in cash. The deal is worth $3 billion, but $2.7 billion net of cash and debt. Based in Sunnyvale, CA, Aruba sells enterprise wireless LAN and edge ...
Google confirms the rumors, will offer cell services as a MVNO
Google Inc has confirmed speculation that it’s entering the mobile phone carrier space as a mobile virtual network operator (MVNO.) Google’s Sundar Pichai said at a speech at the Mobile World Congress in Barcelona that the tech giant will enter the market in “the coming months” and that the company is working with “existing partners” to ...
Atlassian celebrates Git’s 10th birthday by making Stash Data Center generally available
Atlassian Pty. Ltd. has today announced the general availability of its Git management solution Stash Data Center. Claimed to be the first collaborative Git solution that massively scales, the full launch is timed to celebrate the 10th anniversary of Git, the popular source code management system that has nearly become industry standard when it comes to ...
Report: Microsoft in talks to acquire social news reader Prismatic for $30 million
Microsoft Corp. is said to be in talks to acquire social news reader Prismatic (Woven Inc.) for a figure said to be $30 million. According to the report, Microsoft may not be alone in taking interest, with Prismatic said to have also spoken to Apple Inc. and Yahoo Inc, with Google Inc. and Facebook Inc. also said to ...
The Samsung Galaxy S6 offers a killer mobile payments service, leaves Apple for dead
Samsung Co. Ltd’s launch of the Galaxy S6 Sunday shipped with one feature that is a killer in the mobile payments spaces and leaves Apple Inc. for dead, and that’s a service Samsung has simply called Pay. Based on technology from LoopPay, a startup Samsung acquired February 18th, Pay has two killer features that Apple ...
In a backflip worthy of a gold medal, Google abandons plans to ban nudity, sex on Blogger
Google Inc. has backflipped on its decision to ban publicly viewable sexually explicit material and graphic nudity on its blogging service Blogger. The decision to implement the ban, despite sexually explicit material and graphic nudity being on Blogger going back to before Google acquired the service in 2003, was unsurprisingly not well received by a significant number of ...
Deep-linking startup Branch Metrics takes $15 million Series A
Deep-linking startup Branch Metrics Inc. has raised $15 million Series A in a round co-led by New Enterprise Associates (NEA) and Ben Narasin, that included Pejman Mar Ventures, Zach Coelius, Cowboy Ventures and TriplePoint Capital. The company offers a solution that promises to make app installs, sharing, and user viewing experiences that are seamless and don’t break at the app ...