Acquisitions can boost accounting earnings while destroying shareholder value, a fact illustrated by the high-low fallacy. ACI Worldwide (ACIW) began a large acquisition spree in 2012, which continued through 2015. On the surface, everything seems on the up and up, but when one peers below the surface, it’s apparent that the fundamentals of the business […]
Chinese companies are making international news like never before. By May 2016, Chinese outbound mergers and acquisitions tallied $111 billion, already surpassing the full year total of $108 billion for 2015. Yet unprecedented media coverage of Chinese companies’ rapid overseas expansion overlooks the more human face of an increasingly globalized Middle [...]
The Defence Ministry today approved the much-delayed purchase of 145 Ultralight howitzers, worth about Rs 5,000 crore, from the US and also the bulk production of 18 Dhanush artillery guns, the first acquisition of such weapon systems by the Army in three decades since the Bofors scandal. The Defence Acquisition Council (DAC), chaired by Defence
The Defense Acquisition Program Administration (DAPA) of South Korea wants to improve the efficiency and responsiveness of the Republic of Korea Army's (RoKA's) 155 mm artillery systems on the battlefield.
CONSTRUCTIVE FEEDBACK UNIVERSITY: BLACK EQUALITY IS NOT GOING TO BE EXPRESSED BY EQUAL MATERIAL ACQUISITION BUT INSTEAD BY THE EQUAL FRAUD AND CORRUPTION OF BLACK PEOPLE IN POWER, WHO GET THEIR BIGOTED CONSTITUENTS TO BELIEVE THAT THEIR...Show More Summary
SolarCity Corp. said it has hired outside legal and advisory counsel and formed a special board committee to evaluate an acquisition offer made by Tesla Motors Inc.
Much of my childhood was motivated by the acquisition of stickers. What better reward for hard work than a glittering star to adhere wherever I pleased? Twitter evidently feels the same way, and they’re adding new stickers that you can use to decorate your photos. Read more...
In a bid to bolster its cloud capacities, Space?Time Insight bought San Francisco-based Industrial Internet of Things (IIoT) startup GoFactory for an undisclosed amount. San Mateo-based Space-Time said the acquisition will boost its real-time visual analytics by adding GoFactory’s industry expertise and IIoT technologies. Show More Summary
The UK-based renewable energy utility firm Ecotricity has acquired a 6.8% stake in its competitor Good Energy, according to recent reports. The 6.8%–stake acquisition — which appears to have taken place sometime during the first 2–3 months of 2016 — means that Ecotricity is now the second-biggest shareholder in Good Energy. Show More Summary
Last week, Tesla announced that it was pursuing an acquisition of SolarCity, the troubled solar-panel leasing company that's run by Tesla CEO Elon Musk's cousin, Lyndon Rive. And on Monday, SolarCity said that it formed a committee of...Show More Summary
Twitter's acquisition of Magic Pony is just the beginning. Silicon Valley's giants are hungry to buy anything in the machine learning space.
Recently, Alphabet Inc.’s subsidiary Fiber announced that would acquire Webpass, a 13 year-old company that focuses on providing high speed internet connections for residential and commercial buildings in the U.S., primarily using point-to-point wireless technology. Show More Summary
M&A returned to the cloud ecosystem’s agenda last w […]
After acquiring Bookmycab in March, Pune-based travel and transport firm Wings Travels is now close to acquiring another startup in the staff
Sheldon Museum of Art announces the acquisition of recent works by Robert Bordo, Michelle Grabner, and Stanley Whitney from its current invitational exhibition ?It was Never Linear: Recent Painting,? on view through July 31. Continuing...Show More Summary
Case-maker Incipio has announced plans to acquire headphone maker Skullcandy for $177 million along with its gamer brand of headphones, Astro Gaming.
The Dallas Museum of Art and the San Francisco Museum of Modern Art announced today that they have jointly acquired a major sculpture by Walter De Maria. The work will receive its first museum presentation in three decades at the DMA this fall, followed by an SFMOMA installation in the spring of 2017. Show More Summary
After first publishing about Tesla’s offer to buy SolarCity, I thought it would be interesting to see what our cleantech-loving readers thought of the acquisition proposal — beyond the dozens of people who carried on the discussions in comments under that article and our next two on the topic. Show More Summary
The India's Defense Acquisition Council approved purchase of 145 M777 howitzers from the United States, according to an official statement.
The Toronto Maple Leafs acquired a new face of their franchise Friday, selecting center Auston Matthews with the No. 1 overall pick in the NHL entry draft. Twitter had plenty to say about Toronto's acquisition of the consensus top prospect...Show More Summary