Acquisition story repeats!

Entrepreneur News: 

Wazzup!! There seems to be shopping urgency in the air and entrepreneurs, especially tech start-ups, fasten your seat belts and keep your mobiles in coverage areas. You never know when you would receive a call, for a merger or acquisition. Start-ups with quality backgrounds pack your baggage and be ready, to take off. True, just look into what happened the last few weeks, Facebook initially bought Instagram, a photo-sharing app for $1 bn. Then again, the social networking giant bought in Tagtile, a loyalty app for an undisclosed irresistible offer.

The third deal in weeks is the buyout of world’s largest slide-sharing site Slideshare by Linkedin. Sounds interesting!! This is an exclusive Indian start-up made by siblings from Allahabad. The deal offer is mind blowing and keeps many awe-struck, the figure registered is Rs 640 Cr. Siblings, Rashmi Sinha and her brother Amit Ranjan are in the driving seats. Slideshare will get pay 45% in cash and the rest in stock, as per a statement on the site. Great!!

The site is the brainchild of Sinha’s hubby Jonathan Boutelle, who is the Co-Founder of the company.  The couple runs the company’s head quarters in San Fransisco, while Ranjan heads the operations in India. The deal as an encouragement for Indian start-ups and is sure to pave way for more such enterprising acquisitions to emerge. Nevertheless, it goes on to prove that the deal though in San Francisco did have its roots in India. Way2World advises Indian start ups that the call for acquisition or merger could not be faraway for your enterprise if there is a sound idea backed up by a strong desire.