Funding & Acquisitions

Mobile Native Ad startup Namo Media has been acquired by Twitter for about $50 million, to be integrated with Twitter’s MoPub. Standalone operations will shut down and most of the employees are set to join Twitter. Twitter seems to be very focused on building their ad platform. LINK

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Sprint is closing an agreement to pay $40 a share to buy T-Mobile US. The price is reportedly 12% premium to T-Mobile’s Wednesday close and values the company at $32B. Sprint will offer 50% stock & and 50% cash. Note that US regulators rejected AT&T’s $39B takeover bid for T-Mobile in 2011. Link

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Dropbox has acquired Droptalk that allowed users to share links privately with friends via a Chrome extension to be followed by both iOS and Android. It’s products are not publicly available, Dropbox swallowed them really early stage. Droptalk will shutdown and the team will be joining Dropbox. Link

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Samsung has acquired Shelby TV. It helps video viewers find stuff they like. While terms of the deal were not disclosed, it’s NY based employees will work with the team who used to work for Boxee, Samsung’s set top box. Link

 

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