U.S. private equity group Silver Lake is partnering with Canada’s largest pension fund in an attempt to buy the experience management software company Qualtrics.
Continue reading →The JetBlue and Spirit Airlines merger is causing more controversy as the Justice Department and the Department of Transportation are looking to take action as early as Tuesday in an attempt to prevent the deal from concluding.
Continue reading →Altria Group, the company responsible for creating Marlboro cigarettes, agreed to buy NJOY, a leading manufacturer of nicotine vapor products.
Continue reading →Citigroup is nearing the sale of its Mexican retail bank in a deal that could value it at up to $8bn despite government interference scaring off potential bidders and driving down the price of the unit. Billionaire Germán Larrea, who owns Mexico’s largest mining company Grupo México, is in exclusive talks to purchase Banamex, according to three people familiar with the matter.
Continue reading →Kape Technologies is considering leaving the UK stock exchange and going private in an acquisition deal that is valued at £1.25 billion.
Continue reading →L3Harris Technologies Inc. announced on Sunday that the company has agreed to purchase Aerojet Rocketdyne Holdings Inc. for $4.7 billion.
Continue reading →Business software company Coupa Software is being purchased by Thoma Bravo for $8 billion.
Continue reading →Biopharmaceutical company Amgen Inc. has agreed to buy Horizon Therapeutics for $27.8 billion which would make it the largest merger of the year within the healthcare industry.
Continue reading →Toshiba has had a good year for itself with its stock price rising by 17%. This has left the valuation of the company to reach nearly $16 billion or 2.4 trillion yen. The Japan Industrial Partners are seeking to purchase Toshiba in an all-cash deal worth $16.1 billion.
Continue reading →Elon Musk’s latest about-face over his $44 billion deal to buy Twitter has him poised to take over a company that is weaker than it was before he tried to abandon the agreement—thanks in part to his own actions.
Continue reading →Adobe has agreed to purchase design software company Figma for $20 billion which has come as a huge surprise considering the rough year the tech sector has been experiencing
Continue reading →The online news company Axios Media agreed to be bought by Cox Enterprises the latest in a recent flurry of digital deals by traditional media companies.
Continue reading →Pfizer is continuing the company’s streak of acquisitions with a $5.4 billion deal to acquire Global Blood Therapeutics in an attempt to expand into the blood disorder market.
Continue reading →Elon Musk’s hostile bid of $43 billion for Twitter has the company scrambling to find other solutions to ensure that the unwelcome stakeholder has limited control over the company
Continue reading →GlaxoSmithKline, aka GSK, is looking to buy Boston-based Affinivax in a deal valued as high as $3.3 billion to bolster GSK’s presence in the vaccine market
Continue reading →U.S. Chipmaker Broadcom is in talks with VMware regarding an acquisition that could be valued as high as $60 billion
Continue reading →Brambles, one of Australia’s oldest companies, is in the early stages of selling the company to CVC Capital Partners in a takeover that could be valued as high as AU$20 billion
Continue reading →Blackstone has stated that it has reached a deal to purchase PS Business Parks Inc. for roughly $7.6 billion including debt
Continue reading →Twitter has just issued a press release that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk for $54.20 per share in a cash in a transaction valued at approximately $44 billion, upon completion Twitter will become a privately held company
Continue reading →Larsen and Toubro are in talks of potentially merging two of its publicly traded software firms in hopes that the Indian conglomerate could then better compete on a global scale
Continue reading →Hewlett Packard has agreed to buy Poly, formerly known as Plantronics in a $3.3 billion deal that will help the laptop-maker further capitalize on the pivot to hybrid work
Continue reading →Berkshire Hathaway agreed to buy insurer Alleghany Corp. for $11.6 billion as the company is now looking to expand its capabilities throughout the insurance market
Continue reading →Thoma Bravo has agreed to buy software company Anaplan for $10.7 billion. Bravo will be purchasing the company for $66 per share which is 30% higher than the closing price on Friday. The acquisition will keep in place Anaplan’s current management
Continue reading →Toronto-based Toronto Dominion Bank (TD) announced Monday that it will be expanding to the Southeastern United States in an all-cash acquisition of First Horizon for $13.4 billion
Continue reading →SoFi Technologies Inc. has announced that it will be buying the banking-software developer Technisys SA for $1.1 billion in an attempt for SoFi to become an all-inclusive provider of financial services
Continue reading →Australia based Crown Resorts announced on Monday that it agreed to a $6.3 billion takeover by Blackstone Inc. after roughly a year of discussing the acquisition. The deal has not been finalized, however, as shareholders and regulators must first approve the deal which will likely occur in the second quarter of this year. Blackstone agreed to pay 13.10 Australian dollars per share ($9.35) after a bidding war between Blackstone and Crown’s leading rival Star Entertainment Group Ltd. which ultimately resulted in Star dropping its bid. The news of the acquisition pushed Crown shares up 2.3% on Monday
Continue reading →Frontier Group Holdings Inc. has agreed to buy Spirit Airlines Inc. In a cash and stock deal that is valued at $2.9 billion. The deal will create a single dominant discount airline focused on better competing with larger, more luxury airlines
Continue reading →Citrix Systems will be going private in an acquisition valued at $16.5 billion. The company will be bought out by Vista Equity Partners and Evergreen Coast Capital Corp. which is the private equity branch of Elliott Management Corp. Stockholders of Citrix will receive $104 per share
Continue reading →Microsoft recently unveiled its plans to acquire Activision Blizzard in a huge deal worth around $70 billion. The deal is set to be one of the largest acquisitions in tech within recent years and is projected to help strengthen Microsoft as a giant in gaming for years to come — although the deal does not come without its concerns
Continue reading →Atlantia SpA the infrastructure firm backed by the Benetton family, agreed to buy Siemens AG’s road traffic unit for $1.1 billion including debt.The Siemens management and supervisory boards have approved the planned sale of Yunex Traffic, which makes traffic lights and associated software systems, the Munich-based company said in a statement Monday
Continue reading →Unilever the multinational consumer goods London-based company has placed a bid for the potential acquisition of GlaxoSmithKline for a total valuation of $68.26 billion.The acquisition of GSK by Unilever comes out of a desire for the company to expand its product further into consumer health products of which GSK and Pfizer hold 32%. Unilever has high hopes for the acquisition as they believe that it would greatly expand their profit margins and help them recover from what has been a slow couple of years for many businesses, however, GSK and its stockholders have expressed serious concerns over the acquisition
Continue reading →Take-Two Interactive Software Inc. has agreed to purchase Zynga Inc. in a deal valued at roughly $11 billion. The deal will give Zynga stockholders $9.86 for every stock they own by giving each stockholder $3.50 in cash and an additional $6.36 in Take-Two stock
Continue reading →BNP Paribas has agreed to sell its San Francisco-based Bank of the West to Bank of Montreal for $16.3 billion. The Bank of Montreal is more commonly known throughout the United States as BMO Financial Group and will be acquiring the Bank of the West
Continue reading →Oracle has agreed to purchase an electronic medical records company known as Cerner for more than $28 billion a move that could fundamentally alter the industry
Continue reading →As the global chip shortage continues companies throughout the United States have been doubling down on manufacturing capabilities to keep up with demand and attempt to bring prices for semiconductors back to a manageable level
Continue reading →Coca-Cola Co. is buying full control of BodyArmor in a deal that has a valuation of $5.6 billion. Coke already owns a 15% stake in BodyArmor that was purchased in 2018 for $300 million when the company had a valuation of $2 billion, Coke then took over the distribution of BodyArmor which allowed them to obtain another 15% of the company. Since then, the company has grown to have a total valuation of $8 billion
Continue reading →Qualcomm and SSW Partners have teamed up to buy Veoneer Inc. for $4.5 Billion. Qualcomm, which is based in San Diego, primarily focuses on the manufacturing of chips associated with driving safety, and the acquisition of Veoneer would bolster sensor perception as well as their software platform
Continue reading →There is another expected merger within the medical industry as Baxter International is in talks with Hill-Rom Holdings to purchase the company for $9 billion
Continue reading →Despite the COVID-19 pandemic continuing into the latter half of this year, many are optimistic that travel and vacation will soon return to their pre-pandemic levels. With this in mind, Hyatt Hotels Corp. intends to purchase the resort company Apple Leisure Group for $2.7 billion
Continue reading →Brookfield Asset Management Reinsurance Partners Ltd. agreed to purchase American National Group Inc. for roughly $5 billion. Once the deal is finalized American National Group will be owned by Brookfield Asset Management Reinsurance Partners, which after going public in June, is still affiliated with Brookfield Asset Management
Continue reading →Square has agreed to purchase Afterpay in an acquisition that is valued at $29 billion. Square which is known for its white merchant tablets, is now planning on expanding into the credit businesses and Afterpay is going to help them do that
Continue reading →Aon PLC and Willis Towers Watson PLC were forced to abandon a $30 billion merger due to the Department of Justice’s belief that the merger would go against antitrust policy
Continue reading →Zoom Video Communications Inc. plans to buy Five9 Inc., a cloud-based customer service software company, in a $14.7 billion acquisition. Zoom has become well-known video conferencing software since the COVID-19 pandemic shifted the workforce to a remote environment and as schools began to rely on online learning. Since then, the valuation of Zoom stocks has more than tripled, however, as the pandemic comes to a close Zoom is finding ways to offer customized and personalized experiences to their customers
Continue reading →Elon Musk appeared in court on Monday to defend against claims of wrongdoing during the 2016 merger of Tesla Inc. and SolarCity Corp. The claims are coming from those who have heavily invested in Tesla stock and argue that the merger of the companies was in the interest of Musk alone and was his attempt to bail out SolarCity which he had a lot of ties with
Continue reading →Liberty Mutual Insurance has agreed to acquire Ohio-based State Auto Group. Liberty Mutual will buy all of the publically held shares for $52 a share in cash valuing the company around $2.3 billion. Shares soared 190% to $50 in morning trading. The deal is expected to close next year
Continue reading →Apollo has come in to buy 90% of Verizon’s media assets encompassing more than a dozen online brands for $5 billion a combined valuation drop of 45% for AOL and Yahoo. In 1999 at the height of the Dot-com bubble the market frenzy that pumped tech stocks to the moon AOL had a market cap of $222 billion and Yahoo respectively had a market cap of $140 billion in the year 2000
Continue reading →Cabot Oil & Gas Corp. and Cimarex Energy Co. recently announced their intention on merging, with Thomas Jordan - the CEO of Cimarex Energy - acting as the new CEO of the currently unnamed business. The two companies in question are primarily focus on different commodities - with Cimarex focusing on oil in the south and Cabot as a natural gas producer in Northeastern regions of the United States
Continue reading →Amazon is currently closing in on a deal to buy the Hollywood studio MGM Holdings for what is rumored to be a $9 billion acquisition, according to sources familiar with the matter. The deal would become the company’s second-largest acquisition ever, falling right behind its $13.7 billion deal for Whole Foods a number of years ago. The move would shift a film studio that was founded in the era of silent movies into a streaming asset for an e-commerce giant, and points further to a shift in consumer behavior towards streaming services as the “Streaming Wars” continue to heat up and the major players feel forced to make drastic plays in order to compete
Continue reading →AT&T agreed to the deal to merge its media arm WarnerMedia with Discovery creating a brand-new entertainment company that would “combine AT&T’s vast media holdings with Discovery’s reality-TV empire.”
Continue reading →Nvidia’s takeover of SoftBank’s ARM has come under fire by the British Government and as a result will launch a formal inquiry into the deal – regulators have cited both national security and anti-trust concerns
Continue reading →Microsoft has agreed to acquire speech-recognition firm Nuance Communications for $16 billion, pushing further into health technology and adding to a series of large-scale deals that have widened the range of software tools it offers its customers
Continue reading →The chat application popular with gamers and Gen Z is in advanced talks with Microsoft to be acquired for $10 Billion. Microsoft has been on the hunt to buy something that can help expand its reach and it help it connect better with young consumers. Microsoft previously made a failed bid for social media app Tik Tok. A deal with Discord may prove to be far more valuable as Microsoft already has a strong foot in gaming
Continue reading →03.08.21 - Twitter founder Jack Dorsey’s fintech company Square has acquired a majority stake in Shaw Carter’s Tidal a music streaming app - backed by a consortium of music industry heavy weights. The stake was purchased for $297 million in a cash and stock deal. This deal comes on the heels of Carter’s Ace of Spades deal with LVMH
Continue reading →02.22.21 - Moët Hennessy The Wine and Spirits arm of French luxury goods conglomerate LVMH is now taking a 50% stake in Armand de Brignac Champagne, also known as Ace of Spades
Continue reading →01.11.21 - Office supplies retailer Staples stated on Monday that it had made an offer to buy Office Depot parent company ODP Corp for $2.1 billion in cash, just five years after its second acquisition effort was rejected
Continue reading →01.04.21 - For over a year, Fiat Chrysler and PSA Group (makers of the Peugeot) have been working out the details of a trans-Atlantic tie up which would, when completed, create a global auto-making giant, selling 8.7 million vehicles annually—more than General Motors Co. The two are aiming to complete the merger early this year and plan to call the combined company Stellantis NV. Shareholders in the two companies recently approved the merger of the car manufacturing giants
Continue reading →12.21.20 - Private-equity firm Thoma Bravo has struck a deal to buy property-management-software provider RealPage for $9.6 billion, in one of the largest recent leveraged buyouts
Continue reading →12.21.20 - Lockheed Martin has agreed to acquire Aerojet Rocketdyne Holdings Inc. in a deal that’s estimated to be valued at $4.4 billion. Chief Executive Officer of Lockheed Martin, Jim Taiclet, stated his intent to expand Lockheed - the world’s largest defense contractor - through acquisitions. Aerojet provides Lockheed a crucial supplier of propulsion systems for aerospace and defense applications
Continue reading →12.14.20 - Hyundai Motors has announced that it will acquire a controlling interest in Boston Dynamics in a deal that values that robotics innovator at over $1.1 billion. The announcement offers confirmation of a deal that had been rumored about in tech media for over a week
Continue reading →11.30.20 - Facebook is in talks to buy Kustomer, a startup that specializes in customer-service platforms and chatbots, part of an effort by the social-media giant to help companies use its platforms to do business
Continue reading →11.30.20 - Salesforce has agreed to a deal to buy Slack, with the deal expected to be announced Tuesday after markets close. The deal is expected to be about half cash and half stock and will price Slack at a premium. Salesforce is set to report quarterly earnings on Tuesday. Slack’s market cap was more than $24 billion as of Monday morning.
Continue reading →11.09.20 - VF Corp recently released the statement that it would acquire the streetwear apparel company Supreme for $2.1 billion. VF Corp, which will be adding Supreme to its roster of brands such as The North Face, Van and Timberland, said it would make an additional payment of up to $300 million subject to satisfaction of certain post-deal closing milestones
Continue reading →10.13.20 - The world of SaaS has come on the radar of the mainstream this week, specifically cloud communications platforms. What does that even mean? Literally almost everything is in the cloud, or more literally, just an AWS connected rack mounted server. Tech companies seem to love to sprinkle in these mantras and speak like management consultants to pique the interest of overly educated venture capitalists who love to roll around in a puddle of corporate syntax
Continue reading →10.05.20 - Freelancing marketplaces, much like crowdfunding, have been long overlooked by venture capital - until Fiverr reached unicorn status surpassing a $1 billion valuation. Fiverr is now a publicly listed company with over a $5 billion market capitalization with annual revenues in excess of $100 million
Continue reading →09.14.20 - Gilead Sciences has announced on Sunday that it will acquire the biopharmaceutical company Immunomedics for $21 billion. The acquisition is meant to expand Gilead's portfolio of treatments for various types of cancer
Continue reading →09.14.20 - Nvidia is moving to acquire Arm for $40 billion. One of SoftBank’s best investments is about to come into maturity. Arm is the most important designer of processors in smart mobile devices and is quickly gaining a footprint in other areas. Got an iPhone, you use Arm. Got a Samsung, Arm. Arm designs the leading architecture for CPUs
Continue reading →308.24.20 - On the acquisition front, Node just got picked up by SugarCRM for an undisclosed purchase price. The deal helps Sugar take better aim at the big players by positioning them to have predictive capabilities in helping organizations manage their sales data. Node brings a ton of Artificial Intelligence talent to the table. Marketing and sales are becoming incredibly more nuanced as software goes further in helping companies to build better account-based marketing campaigns to leverage all the data at their disposal to help professionals maximize their time where it matters most
Continue reading →08.03.20 - The Japanese parent of 7-Eleven is buying the Speedway chain of gas stations from Marathon Petroleum for $21 billion (DAMN, How many f**king slushies do they sell!?)
Continue reading →07.06.20 - Less than a month ago Uber attempted and failed to buy Grubhub, but now the ride-hailing company has managed to close a different deal to revamp its food delivery business. Uber announced recently that it has agreed to buy Postmates for $2.65 billion. Uber described the startup as "highly complementary" to Uber Eats, Uber’s meal delivery service
Continue reading →06.29.20 - Amazon has recently reached an agreement to acquire autonomous-car developer Zoox, the two companies have announced. The Wall Street Journal first reported in the spring that the Seattle-based e-commerce giant has been in talks to buy Zoox. The autonomous car developer was founded in 2014 and rapidly grew as interest in autonomous vehicles and ride-hailing expanded
Continue reading →06.01.20 - Cisco has announced it is buying network intelligence company ThousandEyes, which has raised over $110 million in private funding with early backers including Sequoia Capital and Sutter Hill Ventures
Continue reading →02.24.20 - In the second month of 2020 after Visa’s monster $5.3B acquisition of Plaid, Intuit is now eyeing Credit Karma at a $7B purchase price in a cash and stock deal. This raises Credit Karma’s valuation from $4B less than 2 years ago
Continue reading →01.21.20 - It hasn't even been a full month and we have seen the biggest acquisition of the year. Visa just scooped up Plaid for $5.3 Billion, DOUBLE it's last private valuation. Plaid is one of the emerging dark FinTech unicorns next to Stripe
Continue reading →