The Top Five Most Expensive Acquisitions In History And One That Flew Under The Radar
The tech industry continues to innovate and develop apps that solve everyday problems. At the same time, there is a reocurring trend that bigger tech companies continue to dominate because they fear market competition. Consequently, they will take action by acquiring startups or successful ventures to eliminate the competition.
According to Sonin, UK-based mobile app development company, you will find background information on the most expensive apps acquired in history below.
1) Twitter Acquisition By Elon Musk
The price tag for Twitter’s acquisition was $44 billion, which was a staggering figure. In addition, the takeover was put on hold and eventually cleared to have Musk become the company commander and chief. It was by far the most chaotic takeover-not to mention dramatic with the exodus of advertisers and employees.
2)Slack Acquisition by Salesforce
Salesforce was founded in 1999 and a household name in cloud computing. The purchase of Slack was 27.8 billion and it expanded tools…
