99designs acquires its Euro-clone, 12designer

99designs, the crowdsourced design marketplace "real" designers love to hate, has acquired 12designer, the Berlin-based crowdsourced design marketplace that had become 99designs' number-one rival in the European market.

Wildfire and Buddy Media’s biggest competitor says it won’t be bought

Damn, it’s a good time to be a social marketing software company.

While the tech world reeled from the announcement that Google is acquiring Facebook-focused marketing firm Wildfire, I caught up with the founders of PromoJam, a Los Angeles-based competitor, …

Google acquires Wildfire, the Facebook-focused marketing startup

Wildfire, the social media startup that’s making huge strides in online marketing — Facebook marketing in particular — has just been snapped up by Google for an undisclosed price.

(Web rumors peg the deal at $250 million; however, a Google …

DailyBooth finally exits in talent acquisition by Airbnb

DailyBooth, the site that challenges you to snap a quickie webcam pic of yourself and share it with the world, has just been bought in a talent acquisition by Airbnb.

“We can confirm the talent acquisition of the Batch/DailyBooth CEO, …

Funding Daily: venture capital makes it rain with downpour of investment

Funding news flooded our wire today with so many announcements and releases, it was like swimming upstream in a hurricane to keep up with it all. We’re having to include a lightning round below just to cover all the bases. …

Apigee acquires global API alliance’s carrier billing technology

API management startup Apigee has just announced it’s acquired some interesting mobile payment processing and other technologies from the Wholesale Applications Community (WAC).

This deal includes a specific API for carrier billing for in-app purchases, and it plays nicely with …

Cisco snaps up stealthy security startup Virtuata

Virtuata, we hardly knew ye. Ye never publicly launched, and now ye have been folded into the megalithic monster that is Cisco.

Here’s what we did know about ye: Virtuata was a Silicon Valley startup based way the heck down …

Early investors acquire Nerdist Industries on the cusp of Comic-Con (update)

Updated with commentary about the acquisition from Nerdist founder Chris Hardwick. (Scroll to the bottom of the post)

Up-and-coming digital media company Nerdist Industry is now in the hands of early investor Legendary Entertainment, Nerdist announced today. Financial terms of …

Funding Daily: It’s like the San Diego firework fiasco of investment

All the news that lay dormant surrounding the July 4th holiday exploded all at once today in the funding world. Sometime amidst the barbecuing and pool parties, major deals were struck involving massive amounts of money. The biggest story, juicier …

From $1.5B to half a trillion dollars: PayPal celebrates a 10th anniversary

Ten years ago today, eBay announced an acquisition that might rank as one of the most successful Silicon Valley purchases ever. In fact, it sits third on Ranker’s list of smartest tech acquisitions.

I’m talking, of course, about PayPal, the …

Edtech startup Rafter acquires HubEdu to lower textbook costs

Education startup Rafter announced today that it has acquired HubEdu in a move that Rafter says will help it further lower the cost of higher education.

The Rafter Course Materials Network is a suite of cloud-based software that helps colleges …

Science’s new acquisition gives its portfolio a Pinterest edge

Los Angeles incubator Science has just made an interesting acquisition — and one that will give all its portfolio companies a huge advantage in getting traffic and revenue from Pinterest.

It’s bought Pinpuff. You’ve probably never heard of it; we …

The Microsoft-Yammer acquisition is a go, with a $1.2B pricetag

Microsoft has officially removed the final veil to reveal its planned acquisition of Yammer for a tidy $1.2 billion in cash.

We’ve been hearing rumors about this deal for a week or two; the Redmond-based Windows maker has now issued …

Screw college! This 20-year-old Thiel Fellow just sold his first company

James Proud is only 20 and he’s already sold his first company. Proud is part of the 2011 class for the Peter Thiel Fellowship – the one that encourages college students to drop out for $100,000 and the shot at …

Fab celebrates its first birthday by buying a UK clone to rule Britannia

What do you get for the site that sells everything? A UK expansion via acquisition, of course!

Yes, design flash-sale phenom Fab.com is celebrating the end of its first full year in business, and part of that celebration is the …

Vodafone will buy telecom oldster CWW for $1.6 billion

Investors in Cable & Wireless Worldwide have finally given the thumbs-up to an acquisition offer from Vodafone. The deal values the 152-year-old telecom company at $1.6 billion.

Vodafone is currently the second largest mobile company globally, and the CWW acquisition …