Google acquired an ad technology startup invite media on Wednesday this week. Invite media helps buyers purchase advertising from a dashboard displaying multiple ad exchanges in real time.

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Online retailer Buy.com has been acquired by the Japenese e-commerce giant Rakuten for $250 Million.

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Google acquires VOIP expert GIPS for $68.2m after it announced a technology for Android app developers to integrate video and audio chat into their products.

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Groupon has acquired European clone CityDeal in a move to expand globally.

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Mandriva is a merger of the Mandrake and the Conectiva distro. Though, it seems like the company is in heavy losses and wll be acquired by Linagora this year.

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Siri

Apple has acquired the personal assistant app Siri for an estimated amount of $200 Million. Siri uses cutting edge technology to glue various APIs together to carry out simple tasks for users.

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cloudhopper-twitter

Twitter has made it’s latest acquisition this Friday. It goes by the name of Cloudhopper and is an SMS service that connects to Twitter.

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Palm has claimed that it can survive without selling itself. Jon Rubinstein, the chief executive of Palm hopes that other handset manufacturers use its operating system.

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A leading Chinese IT outsourcing company has acquired one of the top Salesforce.com partners.

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Zapak Codemasters Reliance

Reliance gaming division Zapak, has aquired a 50% stake in UK game developer Codemasters. Codemasters and Zapak may come up with cheap and affordable desktop and console games for the Indian market.

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Google

Google has acquired DocVerse, a company that helps bridge the gap between traditional Microsoft Software and cloud based apps. With a couple of Microsoft Veterans on its team now, Google hopes to strengthen its battle vs. Microsoft in cloud-based technologies.

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Google Acquires Picnik

Google has officially acquired Picnik, the online image editing tool. Picnik would be integrated into Picasa Web Albums, Gmail and Google Buzz in the future.

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Facebook has quietly made a small acquisition buying a Malaysian startup Octazen. Octazen developed technologies allowing users to import contacts from other services.

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wavejet

Google acquires AppJet Inc the creators of EtherPad a real-time collaborative solution for text and documents to enhance Google Wave. EtherPad is one of the best real-time services to edit text and documents in real-time.

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product

Gizmo5, the independent IM and VoIP service provider, has been acquired by Google’s Voice service. Google Voice is the telecom service for US citizens from the search-engine giant Google. With the addition of Gizmo5, Google Voice is set to become a formidable opponent of Skype and other VoIP providers.

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