The deal, which had been rumored since last Thursday, will help Yahoo to tap into the younger, active online user base at Tumblr. But the deal raises concerns among some Tumblr fans that the site could end up being cluttered by the ads that brings in billions of dollars a year to Yahoo.
That's a stunning sum for the five-year old company. But WhatsApp has been able to hold its weight against messaging heavyweights like Twitter , Google and Microsoft's Skype. WhatsApp has upwards of 450 million users, and it is adding an additional million users every day.
Dan Burrows, InvestorPlace Feature Writer Mergers and acquisitions never reached the fizzy levels experts predicted, but 2013 is still shaping up to be the best year for U.S. deal activity in five years.
The European private equity group Permira has teamed with Canada's largest pension fund to acquire Informatica, the US data software and services company, in a $5.3bn deal that marks the largest leveraged buyout this year. The Canada Pension Plan
NON-TRADITIONAL JOB - This opportunity is not a traditional job opportunity. There may be a required fee or investment of money and time to generate income. It may be a service, education, counseling, or simply information.
The development, installation, and implementation of computer systems and applications. n 1. (Communications & Information) the technology of the production, storage, and communication of information using computers and microelectronics. Abbreviation: IT n. the development, implementation, and maintenance of computer hardware and software systems to organize and communicate information electronically.
Private equity firm Permira and the Canada Pension Plan Investment Board agreed to buy Informatica Corp. in a $5.3 billion transaction, the largest leveraged buyout this year. Informatica stockholders will receive $48.75 a share in cash, according to a statement Tuesday. That's 6.4 percent higher than the closing price of $45.83 on Monday.