- 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)
Thursday, April 12, 2012
Zero revenue acquisitions
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