Acquisition | featured news

Kraft said Tuesday that it would offer more cash in its hostile takeover bid for the British chocolate maker, using the proceeds from a sale of its frozen pizza business.

Surprise. Apple has agreed to purchase mobile advertising startup Quattro Wireless for $275 million, All Things Digital reported Monday. That Quattro would be targeted after Google bought rival mobile ad seller AdMob for $750 million by Google last year is no surprise.

Flixster just announced that it has acquired Rotten Tomatoes, the popular movie review site, from IGN Entertainment. IGN is a division of Rupert Murdoch's News Corporation.

Well that didn't take long. Just four days in 2010 and we already have an acquisition. Social networking application Seesmic has acquired the social status updater Ping.fm.

The move positions the various Seesmic applications (web, desktop, and mobile) to be able to update some 50 social networks very easily.

Is Google simply buying its way into the mobile advertising market via its $750 million acquisition of AdMob? That’s what two consumer groups allege in a letter sent to the FTC today, as the organization continues to review the deal.

Google is closing an acquisition of San Francisco based DocVerse, a service that lets users collaborate around Microsoft Office documents. The purchase price is supposed to be around $25 million.

Search giant's reported plans to acquire the local-listings service may face difficulties, with regulators attuned to its established dominance of the Internet-search and advertising markets, observers say.

Exxon’s purchase of XTO, which has expertise in the growing area of shale gas, is one of the biggest energy deals in years.

Film News: Billboard, Adweek, Backstage also acquired -- The Hollywood Reporter has been sold to e5 Global Media, a new company jointly owned by equity partner Pluribus Capital Management and financial services firm Guggenheim Partners.