Sunday, May 29, 2022

After Uber’s acquisition of Careem .. Learn about top 5 deals in the world of technology


Izaan Zubair
Technology writer @ WNObserver

After months of rumors, it was confirmed that the company Uber has officially acquired its rival in the Middle East Careem In a $ 3.1 billion acquisition deal with $ 1.7 billion to be repaid in convertible paper and $ 1.4 billion in cash. Uber said it expects to close the deal in the first quarter of 2006 2020, Says it will capture all the works Careem Transportation, delivery and payments across the Greater Middle East, the region ranging from Morocco to Pakistan. The following are the most prominent deals in the world of technology.

Microsoft and Skype

In 2011, Microsoft acquired Skype video calls for $ 8.5 billion.

Facebook and WhatsApp

In 2014, Facebook acquired WhatsApp for $ 19 billion, one of the largest deals in technology history, and the application has become the world’s largest instant messaging platform.

Microsoft and LinkedIn

Microsoft announced in 2016 that it has acquired the LinkedIn network in a $ 26.2 billion deal.

Google and Motorola

In 2012, Google acquired Motorola for $ 12.4 billion, and said the reason was its patent portfolio of 17,000 patents.

Facebook and Instagram

Facebook acquired the application of the famous “Instagram” in 2012 for $ 1 billion, and was one of the best deals because application has become more important in the world of communication.

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