Orange Acquired Dailymotion For $168 Million By Buying Out Remaining 51% Stake [Update: Orange Confirms]

logo-Dailymotion

Back in January 2011, Orange acquired 49 percent of Dailymotion for $78 million (€59 million), and declared that they wanted to buy out the remaining 51 percent. But Dailymotion had to wait two years before further talks. By spending $80.6 million (€61 million) for the remaining stake, Orange acquired 100 percent of Dailymotion for $168 million (€127 million).

Rumors have been circulating for months that Orange was finally ready to up its stake. The confirmation comes from its earnings doc...

Read the source article

Other articlesgo to homepage

JUMP Cable Is The Right Smartphone Charger For Forgetful PeopleComments Off

jumpcable Like many other users, the battery on my iPhone tends to die right before the end of the day. One obvious solution is to use a case like the Mophie, but I don’t like increasing the size of my phone. Another is to carry a battery charger around with me, but unfortunately, I am just too dunderheaded to remember an extra device. Read More

Startup Mentors — How Do You Filter Out The Good, The Bad And The Ugly?Comments Off

mentors (1) In light of the recent brouhaha over the actions of a particular European investor who had a habit of attaching himself to accelerators as a ‘mentor’, it seems an appropriate time to do a quick rundown on the kinds of things entrepreneurs need to look for in genuine potential mentor to them and their companies. Because, in case you have been hiding under a rock, there a lot of… Read More

Microsoft Continues Its Campaign Against A US Warrant Demanding Overseas DataComments Off

microsoft-earnings A search warrant commanding Microsoft to turn over certain customer email data that is currently stored overseas was unfrozen late this week. The company declined to comply. In a statement, Microsoft said that it “will not be turning over the email and plans to appeal.” This protest act by Microsoft, arguing that domestic warrants should not be able to command access to data… Read More

AnandTech Founder Anand Shimpi Is Heading To AppleComments Off

anand A day after announcing his retirement from writing, it’s come to light that veteran journalist Anand Shimpi will soon be joining Apple. The move, which was first reported by Re/code earlier today, was confirmed by the company. Read More

Typing Writer Turns Your iPad Into A Typewriter (And No, It Wasn’t Created By Tom Hanks)Comments Off

typing writer A couple of weeks ago, Hanx Writer, a typewriter app from movie star Tom Hanks, shot to the top of the Apple App Store. I guess there must be something in the air, because it’s not the only iPad-into-typewriter app to launch recently. There’s also Typing Writer, an app created by Stephen Elliott, founder of the literary website The Rumpus, along with Eli Horowitz, Chris Ying,… Read More

read more
Facebook Twitter RSS

855-200-1776

support@am1100theflag.com

AM1100 The Flag

The 50,000 watt blow torch of the prairie: AM1100 The Flag. Proudly owned and operated by the Bakken Beacon Media network.
Prize Disclaimer