Big tech-companies acquiring small but promising tech-firms to sustain for a long time in market.
Here is a list of all the billion dollar deals in 2013-2014
Facebook acquired WhatsApp for $19 billion in feb, 2014.
The acquisition of the hot messaging service with more than 450 million users around the world stunned many Silicon Valley observers with its lofty price tag. WhatsApp was founded in 2009 by Jan Koum, Brian Acton.
Yahoo bought tumblr for $1.1 billion in may 2013. Tumblr was founded in 2007 by David Karp. As of March 3, 2014, Tumblr hosts over 174.2 million blogs
Google acquired Waze for $1.1 billion in 2013. Waze (pronounced as ways) is a GPS-based geographical navigation application program for smartphones with GPS support and display screens which provides turn-by-turn information and user-submitted travel times and route details, downloading location-dependent information over the mobile telephone network. It was developed by the Israeli start-up Waze Mobile.
Facebook acquired Instagram for $1 billion in 2012. Instagram was founded in 2010. Instagram is an online photo-sharing, video-sharing and social networking service that enables its users to take pictures and videos, apply digital filters to them, and share them on a variety of social networking services, such as Facebook, Twitter, Tumblr and Flickr.
Microsoft acquired skype for $8.5 billion in 2011. Skype is a freemium voice-over-IP service and instant messaging client, currently developed by the Microsoft Skype Division. The name was derived from “sky” and “peer”. Skype was founded in year 2003.
Google acquired Youtube for $1.6 billion in 2006.YouTube is a video-sharing website, founded by three former PayPal employees in February 2005.
E-bay acquired Paypal for $1.5 billion in 2002. PayPal is an international e-commerce business allowing payments and money transfers to be made through the Internet. Paypal has become a largely populated money transfer technology on internet.
AOL acquired Mapquest for $1.1 billion in 2000.MapQuest is an American free online web mapping service. The company was founded in 1996.