Tag: acquisition

Capital, Finance Tech

Cantaloupe pays $41M to acquire Three Square Market

December 5, 2022

Via: Payments Dive

Cantaloupe provides digital payments and related software for self-service commerce, including all types of vending machines. The acquisition of 32M comes just months after Cantaloupe promoted its former chief operating officer, Ravi Venkatesan, to the CEO post in October, following […]


5 Strategies for Balancing Security, Acquisition, and Support Costs Without Sacrificing CX

October 11, 2022

Via: Joseph Saunders

Since its inception, the global pandemic has continued to have a long-lasting impact on how we buy, work, and also how our businesses operate.  As such, user behaviour has naturally evolved, leading to developments in customer experience (CX) to meet […]

Education, Industries

Universal Technical Institute plans $50M acquisition of Concorde Career Colleges

May 5, 2022

Via: Education Dive

The regulatory environment for higher education has been growing stricter under President Joe Biden’s administration, with many changes at the federal level putting pressure on for-profit institutions. Earlier this year, the U.S. Department of Education unveiled a policy making private […]

Capital, Finance Tech, News

Microsoft is buying ‘Call of Duty’ publisher Activision for nearly $70 billion

January 18, 2022

Via: Markets Insider

Microsoft is buying Activision, the major video game publisher behind the “Call of Duty” franchise, in an all-cash deal valued at around $68.7 billion. It’s Microsoft’s largest ever acquisition, and the largest video game acquisition in history. The price values […]

Finance Tech, Mobile Banking & Payments

Payments deals pile up in 2021

January 5, 2022

Via: Payments Dive

The payments industry last year racked up more than $50 billion in deals worldwide, making it one of the busiest years ever for deal-making, according to two firms that tracked the acquisition activity. The merger and acquisition data firm Dealogic […]

Enterprise, Industries

Oracle confirms $28bn Cerner deal

December 20, 2021

Via: TechRadar

Oracle has confirmed a $28.3bn deal to buy healthcare tech firm Cerner. Following initial reports suggesting an acquisition was imminent, both companies have now confirmed the news, which at $95 a share is Oracle’s biggest ever deal. Cerner, which specializes […]

Enterprise, Finance Tech, Industries, Trading

Pinterest drops, PayPal pops after the payments platform says it is no longer exploring acquisition of social media company

October 25, 2021

Via: Markets Insider

A rumored merger between PayPal and Pinterest is no longer under consideration, and the two stocks are moving in opposite directions following the news. “In response to market rumors regarding a potential acquisition of Pinterest by PayPal, PayPal stated that […]

Finance Tech, Mobile Banking & Payments

Payment industry racks up two more deals

September 20, 2021

Via: Payments Dive

The buying spree for the payments industry continued last week with two more deals that demonstrate the industry is continuing to buy up rivals and startups to drive growth. Fresh off of raising $300 million in new venture capital, the […]

Finance Tech, Trading

State Auto Triples on Pact to Be Acquired by Liberty Mutual

July 12, 2021

Via: TheStreet

State Auto Financial (STFC) – Get Report shares on Monday went gangbusters after the auto insurer agreed to be acquired by insurer Liberty Mutual for $52 a share. That would value State Auto, Columbus, Ohio, at about $2.3 billion, judging […]

Industries, Retail & Wholesale

Tiffany agrees to revised terms on LVMH takeover deal

October 29, 2020

Via: ABC News

The largest deal in luxury is back on after New York’s famed jeweler Tiffany agreed to a slightly reduced offering price from LVMH in Paris. LVMH will now pay $131.50 for each Tiffany share putting the total price tag at […]


TikTok’s U.S. business is said to have a new suitor: Oracle

August 18, 2020

Via: Fortune

Oracle Corp. is weighing a potential bid for part of TikTok’s business, seeking to rival Microsoft Corp. in the race to acquire the viral video streaming app, according to people familiar with the matter. The company controlled by billionaire Larry […]

Industries, Others

IBM is still counting on Red Hat for growth as coronavirus spreads

April 20, 2020

Via: Market Watch

As COVID-19 turns the global economy upside down, many corporations are rethinking their tech spending for the year, but International Business Machines Corp. doesn’t seem to be changing its plans. IBM IBM, +3.79% is focused on integrating its huge Red […]

Enterprise, Industries

General Motors Announces $2.33 Billion Sale of European Arm to Peugeot’s Owner

March 6, 2017

Via: Fortune

General Motors (GM, +1.24%) announced Monday it will be selling its European division to French carmaker PSA Group (PEUGEOT.S-A) for $2.33 billion ( € 2.2 billion), reports the BBC. The deal, first reported Friday, will see GM’s European brands Opel […]


How Nokia’s Latest Results Beat Expectations

February 2, 2017

Via: Fortune

Finnish network equipment maker Nokia (NOK, +1.55%) reported on Thursday a better-than-expected quarterly profit, as acquisition of Franco-American Alcatel-Lucent (ALALF) and cost cuts helped it in the tough networks market. Nokia and its rivals, Sweden’s Ericsson (ERICSSON.LM) and China’s Huawei […]

Industries, Others

L’Oreal Is Snapping Up These 3 Brands from Valeant for $1.3 Billion

January 10, 2017

Via: Fortune

French cosmetics group L’Oreal (LRLCY) is acquiring three specialized skincare brands – CeraVe, AcneFree and Ambi – from Canada’s Valeant Pharmaceuticals International (VRX) for $1.3 billion in cash to expand into one of the fastest growing areas of the beauty […]


Alere shares drop 8% after Abbott seeks to end its planned acquisition

December 8, 2016


Abbott Laboratories said on Wednesday that it had moved to terminate its proposed acquisition of Alere, citing a “substantial loss” in the value of the diagnostics company since they struck a deal 10 months back. Alere’s shares tumbled 8 percent, […]


Anheuser-Busch InBev shares fall flat on talk of a Coca-Cola deal

November 15, 2016


Shares of Anheuser-Busch InBev ended Monday down 1.85 percent on a report that the brewer might have its eyes on U.S. beverage giant Coca-Cola for its next acquisition. InBev, the world’s largest brewer, already completed a $107 billion purchase of […]


AT&T’s Time Warner Deal Comes at a Huge Cost

October 24, 2016

Via: Fortune

The first rule of mergers is don’t do a deal with Time Warner. The second rule, as they say, is that there is only one rule. On Saturday, AT&T T -4.92% broke that rule, announcing it was going to buy […]

Energy, Industries

Rice Energy shares slide more than 7% on Vantage Energy deal

September 28, 2016


Rice Energy shares shed more than 7 percent on Tuesday after announcing it will buy Vantage Energy for about $2.7 billion, including debt. The company reported it will pay about $1.02 billion in cash and will assume $700 million in […]

Industries, Others

Pfizer to Buy Cancer Drug Firm Medivation for $14 Billion

August 23, 2016

Via: Time

Pfizer Inc said on Monday it would buy U.S. cancer drug company Medivation Inc in a deal valued at about $14 billion to boost its oncology portfolio. Pfizer will offer Medivation shareholders $81.50 per share in cash, a substantial premium […]