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

Ant Financial: The Greatest Victory Is That Which Requires No BattleComments Off

ant Not long after the Alibaba IPO, eBay announced that it aims to spin off PayPal as a separately traded company. The rumors of PayPal as an acquisition target are already looming, and one of the contenders is Jack Ma’s Alipay, now called Ant Financial. A deeper insight into Alipay is interesting in light of the potential changes similar players like Apple, Amazon and PayPal pose for the… Read More

Chicago And Big DataComments Off

shutterstock_216526753 (1) As a civilization, we may not be getting smarter. However, the technologies we use certainly are. Since the introduction of the smartphone, we’ve witnessed the emergence of smart homes, smart power grids, and even smart football stadiums for helping fans find parking spaces. Lately, the trend has been to go big. Infrastructure applications are ever increasing in size and scope for… Read More

Tim Armstrong Doesn’t Say The Wrong Thing About Women In The WorkplaceComments Off

Tim Armstrong Aol-1-2 Tim Armstrong may have shown other CEOs how to speak with respect and admiration about women in the workplace during his comments onstage at TechCrunch Disrupt London. In the past few weeks and months, conversations have run the gamut from companies such as Google and Facebook willing to pay to freeze women’s eggs so they can put off having children to Satya Nadella’s karmic misstep… Read More

When Should Startups Hire A CFO?Comments Off

shutterstock_119165185 Many founders and CEOs of start-ups don’t spend a lot of time thinking about CFOs. When it comes to finance for a start-up, founders focus on more pressing needs: What’s my burn rate? How long is my runway? How does our annual recurring revenue (ARR) look? How much more money do we need? Read More

SOSVentures Takes On Y Combinator With A Pure Biotech AcceleratorComments Off

 International VC firm SOSVentures is capitalizing on the now buzz worthy biotech investment trend with the creation of IndieBio, the first accelerator to focus on just life sciences. Y Combinator raised a few eyebrows when it accepted five biotec…

read more
Facebook Twitter RSS

855-200-1776

Ext. 1 - Leave a Message Line |Ext. 2 - Join us On-Air |Ext. 3 - Business Office | Ext. 4 - Sales |Ext. 6 - Small Business RX

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