Thursday, April 12, 2012

Zero revenue acquisitions

  • The photo-sharing app has zero revenue and a grand total of 13 employees and (to some) inexplicable, acquisition.
  • (YAHOO!)
  • the Company had revenues of $579,386 compared to zero revenues for the year ended 2010. The increase in revenues is a result of the acquisitions of Bitzio Corp., Thinking Drone, Inc. and the launch of its App Code product.
  • (msnbc.com)
  • increased its 2012 guidance as the company continues its trend of making acquisitions, entered into a Brazilian joint venture and secured significant contracts. MDC (Nasdaq: MDCA) increased its revenue guidance $50 million, to a $1.05 to $1.
  • (Benzinga)
  • As a result of the acquisition, Dell strengthens its positioning desktop virtualization across the enterprise. Additional revenue will derive from sales of Wyses portfolio of thin and zero clients.
  • (Huffington Post)
  • Facebooks $1 billion acquisition of Instagram, a photo sharing app that costs zero dollars to use and has no source of revenue, sure feels like a social networking tech bubble.
  • (YAHOO!)
  • On Friday, the group published its results for the year to December and showed an operating expense of R32 million, after reporting no revenue.
  • (ITWeb)
  • For example, trading revenue, while somewhat recovered in the first quarter, is fragile. And even the near-zero-interest rate regime JPMorgan handily leads competitors in mergers and acquisitions, garnering 24.8 percent of the total market.
  • (International Business Times)
  • We are also positive on managements positive commentary regarding continued investments in product development and synergies from the recent acquisition. The company has managed cost well along with improving revenue.
  • (Analyst Blog - NASDAQ)

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