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Eagle Ottawa LLC to be purchased by Lear Corp for $850 Million
A manufacturer and distributor of electrical power systems and auto seats, Lear Corporation has agreed to purchase Eagle Ottawa LLC, an automotive leather supplier for $850 million. This move is going to boost Lear Corp’s luxury seats portfo...
Aug 14
Video and Special-effects Startup Zync Render acquired by Google
Google announced that it has purchased Zync Render, as it steps up competition against Amazon.com. Zync Render is a service that makes easier for movie studios to render their visual effects in the cloud. This technology was used to render effects...
Aug 14
Acquisition of Specialty Semiconductor Producer International Rectifier by Infineon Technologies
The German chip maker, Infineon Technologies has agreed to acquire a specialty semiconductor producer, the International Rectifier Corporation, for approximately $3 billion in cash to gain greater scale and to bolster its international presence....
Aug 14
Sultan of Brunei Bids for Three Hotels Owned by Sahara Conglomerate
According to sources, the Sultan of Brunei has made a bid for Manhattan’s Dream Hotel, New York's Plaza Hotel and Grosvenor House Hotel of London.An investment arm of Qatari royal family has offered to pay $2 billion for the thre...
Aug 14
Online Meal Delivery Company FoodPanda Raises $60 Million in Funding
Rocket Internet’s food delivery service, FoodPanda has raised more money through another round of funding. It has raised $60 million from existing investor Falcon Edge Capital as well as Rocket Internet AG. This money will be used to expand ...
Aug 14
Acquisition of Roc Oil by China's Fosun International
On Monday, Roc Oil Co Ltd of Australia accepted $441 million (A$474 million) takeover offer from Fosun International Ltd, a Chinese conglomerate. Roc Oil Co maintained that the Chinese offer was better than its plan to merge with Horizon Oil Ltd....
Aug 14
Acquisition of Online Residential Real Estate Site Trulia by Zillow
Zillow, the online real estate database agreed to acquire Trulia for approximately $3.5 billion in stock, creating a huge online repository of real estate listings.For each share of Trulia, Zillow will pay 0.444 of one of its shares, u...
Jul 14
Acquisition of Finnish 3D Graphics Company drawElements by Google
Google has agreed to buy drawElements which is a 3-D graphics company. drawElements which is based in Helsinki, Finland produces a graphics test that helps companies make their software compatible with Google’s Android operating system. It s...
Jul 14
Liberty Global acquires 6.4 Percent Stake in ITV for 481 Million Pounds
Liberty Global agreed to acquire a minority stake in ITV, the British broadcaster, further expanding its reach into Europe.Liberty Global, who had spent billions of dollars to buy several cable businesses across Europe, is acquiring 6....
Jul 14
Square Inc Considers Acquiring Food Delivery Startup Caviar for $100 Million
According to sources, Squarea payment processing company is considering acquiring Caviar, a curated food delivery startup in a deal worth approximately $100 million. Like many new startups, Caviar seeks to enable customers to order mea...
Jul 14
Acquisition of Swiss Insurer Nationale Suisse by Helvetia
Helvetia, the Swiss insurer said that it has agreed to purchase Nationale Suisse for about $2 billion in shares and cash. This deal would create the third-largest insurer in Switzerland.Helvetia which sells life and property insurance ...
Jul 14
Merger of Automotive Lighting and LED Businesses into a Separate Unit by Philips
Amsterdam-based electronics giant, Philips, said that it would combine its automotive lighting and LED businesses into a separate company. According to the company it was exploring “strategic options” to raise capital for the combined ...
Jul 14
Acquisition of Silicon Valley Startup Sensor Platforms by Audience Inc
Silicon Valley startup Sensor Platforms is being acquired by Audience Inc for $41 million. Sensor Platforms creates algorithms that help to analyze data from sensors on smartphones and other mobile devices.Combining the technology of S...
Jun 14
Acquisition of Home-monitoring Startup Dropcam by Google's Nest Labs
Nest Labs, a part of Google, will acquire Dropcam, a home-monitoring camera startup for around $555 million in cash.Dropcam and Nest Labs confirmed the acquisition however didn’t reveal the amount. Google declined to comment on t...
Jun 14
Acquisition of Video Startup SnappyTV by Twitter
Twitter announced that it is buying SnappyTV, a live-TV clipping service which is used by broadcasters for editing and sharing clips of live broadcasts in near real-time.Twitter says that it already works with SnappyTV with a range of ...
Jun 14
Fusion-io Inc to be acquired by SanDisk in a Deal Worth $1.1 Billion
For about $1.1 billion, SanDisk Corp said that it will acquire Utah-based Fusion-io Inc to boost its fast-growing business of providing flash storage drives to companies.Since its IPO in 2011, Fusion-io has struggled a lot with losses....
Jun 14
Williams Companies Inc to acquire Majority Stake in Access Midstream Partners
For $5.99 billion, Tulsa-based pipeline operator Williams Companies Inc said that it has agreed to acquire control of Access Midstream Partners LP. This is the company’s first step in merging with its operations as it aims to enlarge its rol...
Jun 14
Google Ready to Take a Leap in Space with Shares in Virgin Galactic
Google is considering acquiring a stake in Sir Richard Branson’s £ 1.2 billion ($ 2 billion) Virgin Galactic, space tourism venture in a deal that would also give Google access to Virgin's satellite-launch technology.Accord...
Jun 14
Dai-ichi Life Considers Acquiring Protective Life Corp for $5 Billion
Dai-ichi Life Co, a Japanese insurer is considering acquiring Protective Life Corp, an American insurance company in a deal that could be worth more than $5 billion. Dai-ichi Life is now on a drive of purchasing assets abroad as it battles weak ou...
Jun 14
In a deal worth $640 Million Aspen Investment Fund seeks to Acquire Vivus Inc
The biggest shareholder of Vivus Inc, Aspen Investment Fund said that it was planning to acquire the pharmaceutical company in a deal worth $640 million. Aspen Investment Fund, which has a 9.65 percent stake in Vivus, said that by June 13 it expec...
May 14
Acquisition of Flash Sales Site Cocosa by MySale
MySale, an Australian fashion sales site has purchased Cocosa, a flash sales site as it prepares to launch in the UK. MySale which is backed by Sir Philip Green, the retail billionaire purchased the flash sale site for an undisclosed sum....
May 14
Acquisition of Aeroflex Holding Corp for $920 million by Cobham
For $920 million, Cobham plc, the British defense and aerospace supplier is acquiring Aeroflex Holding Corp, a U.S. communications equipment maker.Cobham said that it is the biggest deal in its 80-year history. The company has agreed t...
May 14
Acquisition of DirecTV by AT&T in a Deal worth $48.5 Billion
For $48.5 billion AT&T has agreed to acquire DirecTV, the satellite television operator. This acquisition by AT&T is seen as a move to bolster the company’s growth beyond an increasingly competitive and aggressive cellular market....
May 14
Future of the Travel and Tourism Market in UK
The travel and tourism marked in the United Kingdom has been growing steadily. Tourism is a valuable source of foreign exchange in the United Kingdom and in 2012; 31.1 million foreign tourists visited the region. Tourism is the sixth largest indus...
May 14
Google Venture Provides Majority of $130 Million Investment to Startup Flatiron Health
Flatiron Health, a New York-based health care technology company has raised $130 million in funding led by Google Ventures along with Laboratory Corporation of America, First Round Capital and angel investors.The $130 million amount wi...
May 14
Evolution of the Baby Food Market in US
The global baby food market is a highly competitive market which has been growing steadily in recent years. The global market for baby food is estimated reach a value of $63.7 billion by 2017, growing at a CAGR of 8.93% from 2012 to 2017.&nb...
May 14
Evolution of the Travel and Tourism Market in Argentina
Rich culture and geographical resources makes Argentina an attractive international tourist destination.  In 2011, the travel and tourism sector in Argentina accounted for 9.9% of the country’s total employment and 10.5% of the national...
Apr 14
Future of the Global Footwear Market
The global footwear market is witnessing steady growth due to changing fashion trends. Rising demand for innovative designs, increase in population, rise in retail culture, growing awareness about healthy and active lifestyle and increase in dispo...
Apr 14
Global Chocolate Market to Witness Steady Growth
Consumer demand for chocolates across the world is rising steadily. Chocolate is described as recession proof. According to the National Confectioners Association, 52% of Americans claim that chocolate is their favorite flavor.Globally...
Apr 14
Emerging Trends in the US Juice Market
Juices have long been a popular start to the day because of the vitamins and the nutrition that it has to offer. In recent years, the juice category has experienced numerous innovations aligning with consumer trends. In 2011, the ...
Apr 14
25 Stand-alone Stores to be opened by Sephora in Australia in 2015
The world’s largest beauty retailer, Sephora will open its first stand-alone stores in Australia next year. Sephora has turned down offers from department store chains David Jones and Myer to set up outlets in department stores.A...
Apr 14
Initial Public Offering of La Quinta Values Company at $2.1 Billion
On Tuesday, La Quinta Holding’s initial public offering which is owned by the Blackstone Group was priced at $17 per share, valuing the hotel chain at approximately $2.1 billion.After La Quinta’s offering of 38.25 million s...
Apr 14
Global Cheese Industry Market Trends and Future Growth
Cheese is one of the most popular dairy products in the market. The global cheese market has grown steadily as consumers have become more aware about the different types of cheese available in the market. Consumers are also more open to experiment...
Apr 14
1.5 Million Cars to be recalled by General Motors in China
In one of the biggest recalls in the world’s largest auto market, General Motors Company’s China joint venture will recall around 1.5 million vehicles due to potential safety issues according to General Administration of Quality Superv...
Dec 13
Changing Face of Debit Card Market in India
The retail transaction volumes are dominated by payments through debit cards even though banks grew their credit card numbers for the first time after 2009. Banks push for financial inclusion will be the next growth driver in the coming years. ...
Dec 13
Target Offers 10% Discount after Credit and Debit Card Hack
Target announced a 10% discount for all shoppers at its stores on 21st and 22nd December 2013, after Target announced that forty million of their clients had their debit and credit card data breached. Gregg Steinhafel, Target’s C...
Dec 13
Thailand's Baht Declines to a Three-Year Low Due to Political Unrest
Thailand’s baht fell to a three-year low against the U.S. dollar following prolonged political unrest in the country. There was also a drop in stocks. There is concern that the political tumult in the country will reduce investment and hurt ...
Dec 13
News Corporation Acquires Storyful for $25 Million
News Corporation, owner of Wall Street Journal and New York Post acquired Storyful for 25 million USD, according to a statement released on Friday by the mass media corporation. Storyful, an Irish-based start-up, is a “social news agency&rdq...
Dec 13
Credit Card Market Size in India
The number of electronic cards has risen drastically from 150 million in 2008 to almost 400 million today. Even though the economy is sluggish, all electronic cards – credit, debit and pre-paid cards are posting robust growth. Cr...
Dec 13
Several Swiss Cantonal Banks to be Joining United States Tax Deal
On 16th December 2013, several Swiss regional banks said that they would cooperate with United States officials to avoid prosecution in a crackdown on Swiss lenders suspected of helping wealthy Americans evade taxes through offshore accounts....
Dec 13
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