Facebook acquires Downpour Interactive, the studio behind VR shooter 'Onward'

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Facebook continues to grow its Oculus Studios stable with its latest acquisition. The company has just bought Downpour Interactive, the developer behind the virtual reality shooter Onward. Facebook hasn't revealed the deal's financial terms, but it mentioned that it purchased the entire studio.

According to Downpour and Facebook, they plan to support Onward on all the platforms it is currently available, which includes Steam. Downpour intends to work on new projects, but it won't share any details on what these might be. But its team hopes to "bring those experiences to as many people as possible."

Source: Engadget

Google acquires Neverware, will now support Chrome OS running on old PCs

Over the last five years, Neverware has turned old PCs and Macs into a Chromebook with its CloudReady software, allowing you to extend the life of machines that would be rendered obsolete. Now, Google has acquired Neverware and plans to make its software into an official Chrome OS release. Existing users will be able to transition to the updated software. And once the transition is complete, Google will support CloudReady in the same way it does Chrome OS.

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Uber sells self-driving unit to Aurora

Source: Uber

Uber selling off its self-driving division isn't a surprise. But now, we learn that it is selling its Advanced Technologies Group (ATG) to Aurora Innovation, an autonomous vehicle startup and once its rival. Uber will invest US$400 million in Aurora as part of the deal, and its CEO Dara Khosrowshahi will join the startup's board of directors.

As Engadget puts it, Uber is paying Aurora to take ATG off its hands. In the short term, Aurora will use ATG's tech for its self-driving truck. Later on, there will be robot taxis as Uber is licensing the tech from Aurora. 

This sale won't be the last sale Uber will make as it tries to carve a path to profitability. This month, Uber is said to be in advanced talks with Joby Aviation to sell its flying taxi division. This sale could be confirmed in the next few weeks.

Salesforce buys Slack for US$27.7 billion

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There's another significant acquisition in the business software segment. Cloud computing giant Salesforce is buying workplace chat app Slack for US$27.7 billion, making it Salesforce's biggest acquisition yet. According to a press release from both companies, "Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price of Salesforce's common stock on November 30, 2020."

While we don't know what this would mean for the app, it seemed like this acquisition was a long time coming as the company hasn't been profitable in recent years, even as COVID-19 has forced more and more companies to focus on remote and online work. Slack continues to face intense pressure from competition like Microsoft Teams. Maybe this acquisition will make it easier for both companies to go against their competition.

One thing is certain, a Salesforce-backed Slack now has the latitude to be a dominant player in the business-software space. Not only do we expect tighter integration between Slack and Salesforce products and services, the staggering Salesforce partner ecosystem will be opened up to Slack which can potentially be the nerve-center of a businesses communication and activity. We're talking project management, marketing, sales, CRM, support and other functions piped into Slack. The future is bright and the software landscape had definitely changed because of this acquisition.

Source: The Verge