Transaction Overview
On April 28, 2010, Apple (NASDAQ: APPL) announced that it has agreed to purchase Siri for a reported amount in excess of $200mm
Target Description
Siri is a voice-enabled iPhone application that allows users to search or execute command on tasks in their mobile devices. Siri, which is also capable of executing location-aware tasks, has a semantic technology that recognizes a user’s verbal intent …
Below we highlight the activity levels of several key acquirers in the first quarter of 2010. Not surprisingly, Google continues to pick up young companies to bolster its product capabilities as well as add talent. Picnik brings photo editing capabilities to Picasa, Aardvark brings human answered search to complement Google algorithmic culture, DocVerse brings Microsoft Office users into the Google Apps family and reMail was all about talent. Analyses of many of …
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On February 11th, 2010, Google (NASDAQ: GOOG) agreed to acquire Aardvark for $50mm.
Target Description
Aardvark is a social search engine that allows users to ask questions to their friends or friends of their friends within their social network, via an instant messenger or email or the company’s website. Aardvark analyzes users’ profiles, connections and location, when matching questions with respondents to ensure a good quality answer. According …