facebook is buying every small tech companies, wonder what they up to?
Sifiso21031085 0 Newbie Poster
mircossa 0 Newbie Poster
They're going to take over the world :D
jwenting 1,889 duckman Team Colleague
they'd better not try, or they'll have a fight on their hands.
I'm not giving the place up that easily :)
Agilemind 0 Posting Whiz in Training
All the major tach companies do that (Google, Apple, Microsoft, etc..) as it is often easier than liscencing the technology developped by the small firms.
mike_2000_17 2,669 21st Century Viking Team Colleague Featured Poster
When you're the "big fish" in the pond, it makes business sense to just swallow up all your smaller competitors. Buying out your competition is the oldest trick in the book, all big companies do it all the time. That's just the normal way capitalism has always operated (capture, consolidate and monopolize).
I think its more interesting to notice the companies that Google is buying. They are clearly up to a lot more than meets the eye. They aren't just buying out smaller competitors, they have been buying their way into new territories (robotics, bio-tech, finance, tech. hardware (as opposed to software), etc.).
Sifiso21031085 0 Newbie Poster
Who is the tech wolf ?
Reverend Jim 4,968 Hi, I'm Jim, one of DaniWeb's moderators. Moderator Featured Poster
I hear they just bought out Oculus Rift for $2 billion ($400 million cash plus Facebook stock).
Dani 4,329 The Queen of DaniWeb Administrator Featured Poster Premium Member
Mike, as agilemind points out, often major tech companies buy out startups that developed technology, because it's easier than having to reinvent the wheel. Why put a team on a project developing technology X for two years when they can just buy a company that already perfected it for half a million dollars and call it a day? :)
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