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GUEST: Globally, HR technology is massive space, spanning everything from recruitment to performance reviews. One source pegs the value of this market at $ 400 billion. In the past two years, venture capital and private equity investors have poured close to $ 2 billion into this market, with more than $ 900 million of that […]
Reuters/Rick Wilking The Wall Street Journal reported Friday that Intel was mulling a bid for chip manufacturer Broadcom. Intel said it does not comment on “rumors and speculation,” but added that its focused on its recent acquisitions. Broadcom itself has a hostile takeover bid out for Qualcomm. Intel responded to a report that it is […]
Last Friday, the monthly theatrical subscription service MoviePass shook things up by announcing that it’s launched MoviePass Ventures, a subsidiary of the main company that will be teaming with other companies to co-acquire the distribution rights for independent films. And at the Sundance Film Festival this past weekend, the company’s CEO gave everyone a peek into his psyche by […]
Strava Strava’s CEO said he is watching his space to see if any interesting acquisitions come up. He said his Strava’s board is very supportive. One company that Strava may look to acquire is Zwift, which is a massively multiplayer online cycle training program. Fast-growing activity tracking app Strava is keeping an eye out for […]
(Reuters) — Samsung Electronics’ $ 8 billion purchase of automotive and audio electronics company Harman has given the technology conglomerate confidence to chase more big deals, its strategy chief said on Friday. Young Sohn, the South Korean company’s Silicon Valley-based president and chief strategy officer, said he was keen for world’s top maker of memory […]
Secret Escapes, a members-only travel club that offers discounted luxury holidays, has closed a $ 111 million series D funding round led by Singapore-based investment firm Temasek, with participation from France’s Idinvest Partners. Founded out of London in 2010 and launched a year later, Secret Escapes offers flash sales on four- and five-star hotels and breaks globally. Though […]
WHEN you are the chief executive of a public company, the temptation to opt for a merger or acquisition is great indeed. Many such bosses may get a call every week or so from an investment banker eager to offer the kind of deal that is sure to boost profits. Plenty of those calls are […]
Amazon revealed it was entering the grocery market in a big way today, with news that it plans to acquire Whole Foods Market for a whopping $ 13.7 billion. But where does the deal sit on the grand scheme of Amazon acquisitions? Well, the Whole Foods’ deal will represent Amazon’s biggest acquisition by quite some […]
When it comes to investments and acquisitions, Salesforce has made headlines lately for deals that didn’t happen. The company’s rebuffed $ 26 billion bid for LinkedIn last year and a run at Twitter that never got off the ground would have ranked by far as Salesforce’s largest deals. But those non-deals overshadowed the things Salesforce […]
ANALYSIS: Intel announced today that it’s paying a whopping $ 15.3 billion to acquire Mobileye, a computer vision firm specializing in autonomous cars. The gargantuan deal highlights the growing demand for self-driving car technology, but where does it sit compared to other technology acquisitions? And, more specifically, Intel’s other acquisitions? Ignoring AOL’s $ 106 billion purchase of […]
