Tag Archives: Acquisitions

How Zipcar Can Scale Car Sharing on the Cheap

Zipcar isn’t the oldest car sharing network, but it is the world’s largest and it aims to eventually span across the globe — partly by acquiring competitors. The grand vision behind Zipcar’s global expansion is for a subscriber who lives near the company’s Cambridge, Mass. headquarters, for example, to rent a car in a Barcelona or London Zipcar fleet just as easily as in their home network. Continue reading

Applied Materials Buying Advent Solar Assets, Cheap

Chip equipment maker Applied Materials announced today that it is acquiring 7-year-old startup Advent Solar. While the amount for the Advent deal has not been disclosed, Lux Research analyst Ted Sullivan told me for this Earth2Tech post that it, “was done very cheaply….Investors did not get their money back — pennies on the dollar is a very safe assumption.”