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Tag: Acquisitions


Mergers and Acquisitions

Why Disney Spent $52 Billion to Acquire Most of 21st Century Fox

December 14, 2017

Via: Fortune

The Walt Disney Co. announced on Thursday that it would acquire much of, but not all of, 21st Century Fox Corp. in a long-rumored, $52.4 billion, all-stock deal that will shake Hollywood like an earthquake. Disney, of course, is the […]


Mergers and Acquisitions

WeWork acquires Meetup to host more face-to-face gatherings

November 28, 2017

Via: Venture Beat

Shared work space giant WeWork has acquired Meetup, the social community platform that helps people get together in real life (IRL). Terms of the deal were not disclosed. Rumors first started circulating yesterday that a deal could be in the […]


Finance

Amazon agrees to sell its cloud business in China for $300 million (AMZN)

November 14, 2017

Via: Business Insider

(Reuters) – Amazon.com Inc’s Chinese partner, Beijing Sinnet Technology Co., said it would purchase Amazon’s Chinese web services business for up to 2 billion yuan ($301 million), ending the U.S. firms’s cloud-computing business in the country. Sinnet, which began operating […]


Mergers and Acquisitions

The Race for AI Company Acquisitions: Why It’s Happening, and Its Lessons for You

November 1, 2017

Via: Entrepreneur

Acquisitions have been a long-standing strategy companies use for a wide range of reasons. Some companies acquire others because of strategic benefits like access to a new market, product or service. Others do it to achieve economies of scale, leverage […]


Mergers and Acquisitions

Zillow acquires New Home Feed to help builders market new properties

September 8, 2017

Via: Venture Beat

Zillow Group, the company behind a number of online real estate sites, including Zillow, Trulia, and StreetEasy, has acquired New Home Feed, a listing management platform and marketing tool for home builders to market and distribute their listings across the […]


Finance

Lego’s new crisis: Plans to cut 8% of its jobs and focus more on digital products

September 5, 2017

Via: Venture Beat

One of the great turnaround stories of the past decade has come unravelled as Denmark’s Lego announced today a decline in revenues and plans to eliminate 1,400 jobs. In an earnings statement released today, the Denmark-based maker of toys and […]


Management, Strategic Management

5 ways drones will automate our future

August 8, 2017

Via: Venture Beat

Technology stands ready to change our world more completely than perhaps we’re ready for — and drones may well lead the charge. Don’t be fooled by the drones you can buy today. Many of them are little more than glorified […]


Mergers and Acquisitions

Yelp will sell its Eat24 business to Grubhub for $287.5 million, stock jumps 19%

August 4, 2017

Via: Venture Beat

Yelp Inc said on Thursday it would sell its Eat24 business to Grubhub for $287.5 million in cash, as it posted revenue that beat expectations, news that sent Yelp’s shares up 19 percent. The consumer review website operator also said […]


Mergers and Acquisitions

Mitsubishi Tanabe Pharma Is Buying Neuroderm in a $1.1 Billion Bid to Expand Its U.S. Business

July 24, 2017

Via: Fortune

Japan’s Mitsubishi Tanabe Pharma (MTZPY, -0.14%) is acquiring Israeli drug maker Neuroderm for $1.1 billion in cash as part of a strategy to grow its business in the U.S. The Japanese drugmaker said in a statement Monday it would leverage Neuroderm’s Parkinson’s […]


Finance, Mergers and Acquisitions

Colorado in June: startups raised $64.5 million, ViaWest bought for $1.7 billion

July 7, 2017

Via: Venture Beat

The weather is heating up and so is Colorado tech funding. After a bit of fundraising slump in May, June numbers came in at more than double last month’s totals. In June, we saw over $64.5 million in fundraising for […]