Technology, Acquisition | featured news

The search giant agreed to acquire ITA, which makes software that organizes flight and pricing information.

Holy crap! Woot has signed an agreement with Amazon - yes, the Amazon - to become an independent subsidiary of the ecommerce colossus.

AOL is near a deal to sell the Bebo social-networking site to Criterion Capital Partners for a fraction of the price it paid two years ago to buy it.

Hewlett-Packard has agreed to buy struggling smart-phone maker Palm for nearly $1 billion in cash. HP said Palm's webOS operating system will help it compete in the smart-phone market.

Apple has purchased chip start-up Intrinsity whose technology analysts say was behind the chip used in the new iPad.

Google has acquired DocVerse, a technology start-up that allows people to collaborate on Microsoft Office files online, for about $25 million.

Walmart is set to make a play for your living room. The company has acquired online movie service Vudu, just over a month after rumors about a deal first surfaced.

Facebook appears to have made a third acquisition — this one smaller than its two previous buys. What’s more, Facebook has shut down the company’s service immediately.

We’ve seen a host of deals recently in the Twitter app space, but here’s one that we now know didn’t happen: TwitPic selling out for north of $10 million.

AOL is currently in talks to acquire Mashable, the world's largest technology blog. A sale to the content-obsessed internet company would mean Mashable's 24-year-old founder Pete Cashmore really would have everything.