2016 turned out to be a crazy year! For the tech world, there were many new innovations and trends. But the craziest of all? These big tech deals! Many giants were out buying companies. Sadly, no one bought our good old Twitter but there were many potential deals. Let’s take a look!
The acquisition of Time Warner by AT&T was the most expensive deal of 2016. Do you wanna know the figure? It’s $85 billion!
By acquiring the fellow telecommunication giant Time Warner, AT&T will have no competition left in the market. The deal is still in the talks and on the table but we are hoping that it will close by the end of 2017.
It was the second most expensive deal of 2016. One of the biggest chipmakers, Qualcomm bought NXP with a deal valued at $47billion.
NXP is a company that leads the automotive field. It makes semiconductor techs and other products in the automotive sector. BY acquiring NXP, Qualcomm made one of the game changing moves in the tech scenario.
Softbank made many deals this year but its biggest deal is the acquisition of the British chip maker ARM.
It is an interesting purchase for Softbank because ARM is the biggest and most prominent licensor of mobile processors in the world. From Apple and Samsung to HTC and Nvidia, you can see their technology and algorithms.
Not the biggest but the most popular acquisition of 2016! Earlier in 2016, Microsoft made this massive announcement that it will be buying LinkedIn in a big deal. Everyone was surprised because what Microsoft is going to do with a social network for professionals?
Satya Nadella came forward and made a few clear statements at the announcement. Buying a business-focused network is actually a good deal for Microsoft.
According to Satya Nadella, CEO of Microsoft:” “This combination will make it possible for new experiences like a LinkedIn news feed that serves up articles on the project you are working on and Office suggesting an expert to connect with via LinkedIn to help with a task you’re trying to complete.”
Oracle was out throwing money in 2016. Earlier in 2016, Oracle surprised everyone by announcing that it’s going to buy Netsuite for $9.3billion.
Oracle showed the industry that it is going to a have a cloud solution by acquiring Netsuite. Oh, and it was not the only acquisition by Oracle this year!
Infamous for buying video game companies, the Chinese internet company Tencent was in the news this year! Tencent acquired Supercell in 2016 just like it bought Riot Games.
Softbank sold Supercell, the creators of Clash of Clans to Tencent for $10-billion with 80% of shares in the agreement. What are they going to do with all the games?
Another silicon giant, Broadcom went out in the market and ended up buying Brocade for $5.9billion.
This deal told everyone that Broadcom has its eyes on the network storage sector. Broadcom is expected to do integrated Brocade with its recently acquired Ruckus.
It was one of the most famous tech deals of the year. Yahoo!, the internet OG was acquired by Verizon for $4.8 billion. It happened right when its rival AT&T was in the news for the biggest acquisition of 2016.
According to the agreement, Verizon bought everything except 3000 patents of Yahoo Japan, Yahoo’s cash pile, and Alibaba. Verizon is expected to incorporate Yahoo’s operations with AOL to make a bigger multimedia project.
Cyber security sector was on the high waves this year. Symantec acquired its fellow cyber security and network management firm Blue Coat.
With the combined power of Blue Coat, Symantec is now expected to have a large enterprise security focus with bigger clientele.
Apollo is a private equity firm that is known for its startup acquisitions. Rackspace Private was bought by Apollo earlier in 2016.
For those who don’t know, Rackspace is a managed cloud computing company that offers numerous solution to its enterprise customers. It might not be appealing but a pretty big budgeted sector.
Want to see all this information in an Infographic? Watch this space!