The big box giant's Silicon Valley outpost acquires two tech startups and says it is beginning an "aggressive" recruiting campaign to hire more than 150 new employees.
"Our gems are struggling to grow," said Fleur Pellerin. "They need help." The junior minister for digital economy's comments came a week after Yahoo's attempt to buy a majority stake in the video-sharing site was scuppered by the country's Industry Minister.
A clutch of billion-dollar startups are bent on acquiring talent and tech they don't want to build from scratch. Fast Company asked both a buyer (Salesforce) and a seller (Wibiya, bought by Conduit) to share some best practices for acquiring, merging, and becoming more profitable (and happier) than ever.
Why exactly did Twitter purchase microblogging/sharing site Posterous? It's a talent grab, yes, but one that may have a very definite goal: Making Twitter and Apple the very best of social friends.
Microsoft is bringing Skype--the firm that basically kicked off the home VoIP revolution--into its ever-expanding universe. Will it be worth the huge price tag?
