10 Largest Acquisitions In Tech World
3. Google acquires Motorola Mobility, sells it to Lenovo
Deal happened in: August 2011
Value: $12.5 billion for Google-Motorola deal and
$2.91 billion for Google-Lenovo deal
Google, which became a verb thanks to its internet search engine, brought the mobile business of Motorola to challenge Apple in the Smartphone market. However, Google sold Motorola to China's PC major Lenovo just three years later.
Google CEO Larry Page replaced the then CEO of Motorola mobility Sanjay Jha with Dennis Woodside while acquiring it. Page then sold Motorola division to Lenovo after talks with Yang Yuanqing.
2. Facebook buys out WhatsApp
Deal happened in: February 2014
Value: $19 billion
Facebook brought messaging service WhatsApp using both cash and stock is one of the largest acquisitions ever in the world of technology.
The purchase initiated by Facebook CEO Mark Zuckerberg includes $12 billion in Facebook shares and $4 billion in the form of cash. It calls for an additional $3 billion in restricted stock units granted to WhatsApp founders including Jan Koum and employees in the form of deferred payments that will over in four years.
1. Hewlett-Packard merges with Compaq
Deal happened in: September 2001
Value: $25 billion
Hewlett-Packard known for its PC business brought Compaq Computer to strengthen its efforts to compete with IBM. The new HP offers industry's most complete set of IT products and services for both businesses and end-users, with a focus to serve customers with open systems and architectures.
Carly Fiorina, chairman and chief executive officer of HP and Compaq CEO Michael D. Capellas are the top honchos who were behind the deal. The combined company has worldwide number one revenue positions in servers, access devices, imaging and printing domain as well as in storage and management software.
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