acquisition
From The Press
International Business Machines Corp. (IBM) to Buy Truven Health for $2.6B
International Business Machines Corp. (NYSE:IBM) announced its acquisition of Truven Health Analytics for $2.6 billion to boost its Watson Health portfolio. Truven Health is one of the leading providers of cloud-based healthcare data, analytics...
Markets
Suncor Energy Inc. (SU) Inks Deal to Buy Canadian Oil Sands Ltd (COS)
Suncor Energy Inc. (USA) (NYSE:SU) (TSE:SU) signed an agreement to acquire Canadian Oil Sands Ltd (TSX:COS) after increasing its original all-stock offer by 12% to 0.28 from 0.25 of each SU share for every...
Markets
NetApp, Inc. (NTAP) to Acquire SolidFire for $870 Million
NetApp, Inc. (NASDAQ: NTAP) announced its decision to acquire SolidFire for $870 million in cash to improve its position the market for flash systems.
Data from Gartner showed that NetApp is the fourth largest player...
From The Press
Alibaba Group Holding (BABA) Buys South China Morning Post
Alibaba Group Holding Ltd (NYSE:BABA) signed a definitive agreement to buy South China Morning Post and other media assets owned by SCMP Group Limited (HKG:0583). The companies did not disclose the financial details of...
From The Press
Wells Fargo (WFC) to Buy GE Capital’s $32 Billion Worth of Assets
Wells Fargo & Company (NYSE:WFC) agreed to acquire the Distribution Finance, Vendor Finance platforms and a portion of the Corporate Finance business of GE Capital worth $32 billion.
According to Wells Fargo the acquisition also...
Markets
Berkshire Hathaway in Talks to Acquire Precision Castparts [Report]
Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), the holding company controlled by Warren Buffett is negotiating to acquire Precision Castparts (NYSE:PCP), according to the Wall Street Journal based on information familiar with the situation.
Precision Castparts is a...
From The Press
Informatica Corporation (INFA) Now Owned by Investment Group that Includes Microsoft
Microsoft Corporation (NASDAQ: MSFT) and Salesforce Ventures are part of an investment group that acquired Informatica for $5.3 billion.
The investment group is led by Permira Funds and Canada Pension Plan Investment Board (CPPIB) led...
Business
What the Acquisition of Movirtu Means for BlackBerry Ltd (BBRY)?
There was a time when BlackBerry Ltd (NASDAQ:BBRY) dominated the Smartphone industry. But with the launch of Apple Inc. (NASDAQ:AAPL) iPhones and a series of other rival devices operating on Google Inc (NASDAQ:GOOGL)’s operating...
