Archive | September, 2013

The Rise and Fall of Blackberry

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The Rise and Fall of Blackberry

Sweet irony! While the new iPhone 5s sold like hotcakes last week, Blackberry announced its aim to go private in a $4.7 billion deal with Fairfax Financial. It was not that long ago that Blackberry once ruled the world. It was the mobile phone of choice of corporate road warriors everywhere. It was a serious, efficient, and secure mobile phone that did not disappoint.

So what made consumers lose their interest? Two words: the iPhone. On January 9, 2007, Steve Jobs announced the iPhone at the Macworld convention and it marked the beginning of the end for Blackberry. The iPhone was so revolutionary that it changed the way people used mobile phones and made Blackberry and all other mobile devices at the time obsolete.

The lesson is simple: evolve or die. Failure to do so could spell doom for any business.

Top 20 Deals for August 2013

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $130,000,000,000 Verizon Wireless Verizon Communications Hardware & Infrastructure Acquisition
2 $24,900,000,000 Dell Michael Dell, Silver Lake Partners Hardware & Infrastructure Acquisition
3 $7,200,000,000 Molex Koch Industries Hardware & Infrastructure Acquisition
4 $7,170,000,000 Nokia Microsoft Hardware & Infrastructure Acquisition
5 $2,700,000,000 Sourcefire Cisco Hardware & Infrastructure Acquisition
6 $1,900,000,000 Verizon Wireless AT&T Mobile & Apps Acquisition
7 $1,900,000,000 91 Wireless Baidu Mobile & Apps Acquisition
8 $1,100,000,000 Waze Google Mobile & Apps Acquisition
9 $1,100,000,000 Tumblr Yahoo Media Acquisition
10 $925,000,000 CPUsage Consortium Software & Services Investment
11 $865,000,000 AXIS Axiata Hardware & Infrastructure Acquisition
12 $810,000,000 Beidou China Hardware & Infrastructure Investment
13 $800,000,000 Trusteer IBM Software & Services Investment
14 $800,000,000 Braintree Ebay Transactions Acquisition
15 $780,000,000 Alltel AT&T Hardware & Infrastructure Acquisition
16 $710,000,000 Mountain Cablevision Rogers Communications Hardware & Infrastructure Acquisition
17 $700,000,000 360Buy Ontario Teachers’ Retirement Fund, Kingdom Holdings Ecommerce Investment
18 $685,000,000 Virident Western Digital Hardware & Infrastructure Acquisition
19 $600,000,000 Intermec Honeywell International Hardware & Infrastructure Acquisition
20 $600,000,000 TSL Education TPG Software & Services Acquisition

More information

  1. Verizon Takes Full Grip of Verizon Wireless in $130B Deal with Vodafone (Xconomy)
  2. Dell shareholders approve buyout by founder Michael Dell (BBC)
  3. Koch brothers move into electronics with $7.2 billion Molex deal (Reuters)
  4. Microsoft Enters Into $7.2B Deal To Buy Nokia’s Devices And Services Business And License Its Patents (TechCrunch)
  5. Cisco Acquires Cybersecurity Company Sourcefire For $2.7B (Techcrunch)
  6. AT&T Completes Acquisition of 700 MHz Spectrum from Verizon Wireless to Support 4G LTE (Market Watch Wall Street Journal)
  7. Baidu Agrees To Buy Chinese Android App Distributor 91 Wireless For $1.9B (Techcrunch)
  8. Google Bought Waze For $1.1B, Giving A Social Data Boost To Its Mapping Business (Techcrunch)
  9. Confirmed: Yahoo! Acquires Tumblr for $1.1BN (FinSMEs)
  10. CPUsage Closes $925K Venture Capital Funding (FinSMEs)
  11. Malaysia’s Axiata boosts Indonesia business with $865 million acquisition of AXIS (Tech In Asia)
  12. China Is Investing $810M In Beidou, A Navigation System It Hopes Will Eventually Rival GPS (Techcrunch)
  13. IBM Buys Israel/US Cybersecurity Specialist Trusteer For $800M-$1B (TechCrunch)
  14. EBay’s PayPal Acquires Payments Gateway Braintree For $800M In Cash (TechCrunch)
  15. AT&T Completes Alltel Acquisition (Yahoo Finance)
  16. Canadian Internet Provider Rogers Buys Mountain Cablevision, Wireless Spectrum Licenses From Shaw (Techcrunch)
  17. China’s 360Buy Unwraps Massive New Funding Round of $700 Million (Tech In Asia)
  18. Can’t get enough of flashy upstarts, can you, WD? Firm pays $685m for Virident (The Register)
  19. Honeywell International Inc. (HON) Confirms Intermec Inc. (IN) Acquisition For About $600 Million (Pulse2.0)
  20. TPG Buys TSL, Owner Of The TES Connect Education Network, For Around $600M (Techcrunch)

Top 20 Acquisitions for August 2013

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $130,000,000,000 Verizon Wireless Verizon Communications Hardware & Infrastructure Acquisition
2 $24,900,000,000 Dell Michael Dell, Silver Lake Partners Hardware & Infrastructure Acquisition
3 $7,200,000,000 Molex Koch Industries Hardware & Infrastructure Acquisition
4 $7,170,000,000 Nokia Microsoft Hardware & Infrastructure Acquisition
5 $2,700,000,000 Sourcefire Cisco Hardware & Infrastructure Acquisition
6 $1,900,000,000 Verizon Wireless AT&T Mobile & Apps Acquisition
7 $1,900,000,000 91 Wireless Baidu Mobile & Apps Acquisition
8 $1,100,000,000 Waze Google Mobile & Apps Acquisition
9 $1,100,000,000 Tumblr Yahoo Media Acquisition
10 $865,000,000 AXIS Axiata Hardware & Infrastructure Acquisition
11 $800,000,000 Braintree Ebay Transactions Acquisition
12 $780,000,000 Alltel AT&T Hardware & Infrastructure Acquisition
13 $710,000,000 Mountain Cablevision Rogers Communications Hardware & Infrastructure Acquisition
14 $685,000,000 Virident Western Digital Hardware & Infrastructure Acquisition
15 $600,000,000 Intermec Honeywell International Hardware & Infrastructure Acquisition
16 $600,000,000 TSL Education TPG Software & Services Acquisition
17 $600,000,000 Neolane Adobe Marketing Acquisition
18 $485,723,000 Ogone Ingenico Software & Services Acquisition
19 $475,000,000 Intucell Cisco Hardware & Infrastructure Acquisition
20 $414,000,000 Adap.tv AOL Marketing Acquisition

More information

  1. Verizon Takes Full Grip of Verizon Wireless in $130B Deal with Vodafone (Xconomy)
  2. Dell shareholders approve buyout by founder Michael Dell (BBC)
  3. Koch brothers move into electronics with $7.2 billion Molex deal (Reuters)
  4. Microsoft Enters Into $7.2B Deal To Buy Nokia’s Devices And Services Business And License Its Patents (TechCrunch)
  5. Cisco Acquires Cybersecurity Company Sourcefire For $2.7B (Techcrunch)
  6. AT&T Completes Acquisition of 700 MHz Spectrum from Verizon Wireless to Support 4G LTE (Market Watch Wall Street Journal)
  7. Baidu Agrees To Buy Chinese Android App Distributor 91 Wireless For $1.9B (Techcrunch)
  8. Google Bought Waze For $1.1B, Giving A Social Data Boost To Its Mapping Business (Techcrunch)
  9. Confirmed: Yahoo! Acquires Tumblr for $1.1BN (FinSMEs)
  10. Malaysia’s Axiata boosts Indonesia business with $865 million acquisition of AXIS (Tech In Asia)
  11. EBay’s PayPal Acquires Payments Gateway Braintree For $800M In Cash (TechCrunch)
  12. AT&T Completes Alltel Acquisition (Yahoo Finance)
  13. Canadian Internet Provider Rogers Buys Mountain Cablevision, Wireless Spectrum Licenses From Shaw (Techcrunch)
  14. Can’t get enough of flashy upstarts, can you, WD? Firm pays $685m for Virident (The Register)
  15. Honeywell International Inc. (HON) Confirms Intermec Inc. (IN) Acquisition For About $600 Million (Pulse2.0)
  16. TPG Buys TSL, Owner Of The TES Connect Education Network, For Around $600M (Techcrunch)
  17. Adobe Acquires Conversational Marketing Platform Neolane For $600M In Cash To Bolster Its Marketing Cloud (Techcrunch)
  18. Ingenico Agrees To Acquire European Online Payment Services Provider, Ogone, For €360M To Build Out Multi-Channel Payments Strategy (Techcrunch)
  19. Cisco acquires Intucell for US$475m (SiliconRepublic)
  20. AOL finishes buying Adap.tv for $414 million (Bizjounals)

Top 20 Investments for August 2013

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $925,000,000 CPUsage Consortium Software & Services Investment
2 $810,000,000 Beidou China Hardware & Infrastructure Investment
3 $800,000,000 Trusteer IBM Software & Services Investment
4 $700,000,000 360Buy Ontario Teachers’ Retirement Fund, Kingdom Holdings Ecommerce Investment
5 $586,000,000 Sina Weibo Alibaba Media Investment
6 $450,000,000 SurveyMonkey Consortium Marketing Investment
7 $448,000,000 Sogou Tencent Software and Services Investment
8 $258,000,000 Uber Google Ventures, TPG Software & Services Investment
9 $200,000,000 Flipkart Consortium Ecommerce Investment
10 $200,000,000 AirWatch Insight Venture Partners Mobile & Apps Investment
11 $200,000,000 Pinterest Consortium Media Investment
12 $196,500,000 Palantir Technologies Undisclosed Marketing Investment
13 $180,000,000 Composite Software Cisco Hardware & Infrastructure Investment
14 $165,000,000 HootSuite Consortium Software & Services Investment
15 $160,000,000 Nuomi Baidu Transactions Investment
16 $150,000,000 Pure Storage Consortium Software & Services Investment
17 $150,000,000 Fab Consortium Ecommerce Investment
18 $150,000,000 SevOne Bain Capital Hardware & Infrastructure Investment
19 $130,000,000 Lamoda Consortium Ecommerce Investment
20 $130,000,000 Supercell Consortium Games Investment

More information

  1. CPUsage Closes $925K Venture Capital Funding (FinSMEs)
  2. China Is Investing $810M In Beidou, A Navigation System It Hopes Will Eventually Rival GPS (Techcrunch)
  3. IBM Buys Israel/US Cybersecurity Specialist Trusteer For $800M-$1B (TechCrunch)
  4. China’s 360Buy Unwraps Massive New Funding Round of $700 Million (Tech In Asia)
  5. Sina Weibo, China’s Equivalent of Facebook and Twitter, Gets $586M Investment From Alibaba (Techcrunch)
  6. SurveyMonkey Raises $800M in Debt and Equity Financing (FinSMEs)
  7. Sogou Secured $448 million Investment from Tencent, will Merge Soso (Technode)
  8. Uber Confirms That It Raised $258M From Google Ventures And TPG (Techcrunch)
  9. India E-Commerce Giant Flipkart Raises Another $200M From Existing Investors (Techcrunch)
  10. AirWatch Raises $200 Million In Series A (Pulse 2)
  11. Pinterest Raises $200M in Funding (FinSMEs)
  12. Palantir Technologies Raises $196.5M in Funding (FinSMEs)
  13. Cisco Acquires Composite Software for $180,000,000 (Xconomy)
  14. HootSuite Raises $165M Series B Round From Insight, Accel And OMERS To Go Large On Enterprise Social Media Monitoring (TechCrunch)
  15. Confirmed: Baidu acquires majority stake in Renren’s daily deals site for $160 million (Tech in Asia)
  16. Pure Storage Raises $150M And Sets For Battle With The Storage Giants (TechCrunch)
  17. Fab Grabs $150M At $1B Valuation (And Is Raising Another $100M+ More) (Techcrunch)
  18. SevOne To Go For IPO, Raises $150 Million From Bain Capital To Expand P2P IT Monitoring (Techcrunch)
  19. Lamoda, The Samwer Brothers’ Russian Online Fashion Store, Snags $130M Led By Access Industries (Techcrunch)
  20. Supercell Raises $130M in Funding (FinSMEs)