Tumblr was doing slightly higher than $13 million in sales per year. Yahoo acquired Tumblr for $1.1 billion last week. Yahoo wants Tumblr’s user base and software.
Waze a small software company created an application to provide live traffic reports. The companies considering the purchase of Waze include:
Google Yahoo Facebook Microsoft
It appears the financial results of these smaller companies have nothing to do with the fact that they have become or are soon to become acquisition targets.
Telvue technology is advanced and desirable for those companies that may need it.
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