Viber messaging app acquired by Japan’s Rakuten for $900 million

Japanese company Rakuten, the owner of Kobo e-readers and online retailer Play.com, is acquiring Viber for $900 million. Rakuten has an ambitious goal of becoming “the world’s No.1 internet services company,” and acquiring the Viber messaging and video calling app will help it access a global user base of more…

Yahoo acquires Lexity

  Yahoo has acquired 4 years old e-commerce application platform Lexity. According to the company’s blog, all services, including flagship application Lexity Live, will remain functional and Lexity will continue to support merchants on any e-commerce platform.   Lexity is the one-stop-shop of e-commerce services for SMBs. The company currently…

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