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AQUISITION

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French telecommunications service provider Iliad S.A. has agreed to buy the Polish telecommunications company Play Communications S.A. for $2.6 billion as it expands across Europe. The deal will make Iliad the sixth largest mobile operator in Europe. In an announcement on Monday, the companies revealed that Iliad had offered $10.35 per share for Play and received binding commitments from two controlling shareholders for a 40% stake, which would give it the majority of seats on Play’s board of directors. Iliad also hopes that the deal will allow the company to enter the growing Polish telecommunications market and boost Play’s growth in the mobile sector. With the addition of Play, Iliad will have 41 million subscribers in France, Poland and Italy. However, the transaction still needs to be approved by the relevant regulatory authorities, and a notification of the proposed acquisition has to be submitted to the European Commission.…

VoIP provider Dialpad has announced the acquisition of a video conferencing company, Highfive. The purpose of the purchase is to add room-based video to Dialpad’s suite of services, including computer video conferencing. Neither of the two companies released financial details of the acquisition. Dialpad is the company that developed the popular video conferencing service UberConference. UberConference does have a built-in video conferencing feature, and this acquisition will add enhancements to their existing video capabilities. To date, UberConference is mostly known for its calling features. Dialpad not only offers its users conference call solutions and a VoIP platform, but also has a contact center solution. As stated by Dialpad, by using Highfive technology, any home office or office space can become a smart meeting room. Best of all, this service will work with existing hardware and SIP-enabled conferencing providers. Craig Walker, CEO of Dialpad, believes that this acquisition…

On Monday 24th September, Apple announced that it has finally completed the acquisition of Shazam, an application that helps users identify songs, TV shows, commercials and movies. The takeover of one of the highest rating music apps by the technology giant is said to be valued at 400 million US dollars. “Apple and Shazam have a long history together. Shazam was one of the first apps available when we launched the App Store and has become a favorite app for music fans everywhere. With a shared love of music and innovation, we are thrilled to bring our teams together to provide users even more great ways to discover, experience and enjoy music,” commented the vice president of Apple Music, Oliver Schusser. The application has already been downloaded more than 1 billion times, and remains one of the most popular places to interact with peers by discovering and sharing favorite songs,…