Acquisition - LAFFAZ

MENA, News

Editorial Staff
November 11, 2024

Dubai’s DP World to Acquire Australia’s Silk Logistcs for $115 Mn

Sultan Ahmed bin Sulayem, Group Chairman & CEO of DP World

Dubai's DP World has announced its plan to acquire Australia's Silk Logistics Holdings, a freight and logistics service provider for $114.9 million.

News, North America, Technology

Hadia Seema
August 24, 2024

AMD Acquires ZT Systems for $4.9 Billion, Boosting AI Capabilities

AMD intends to integrate ZT Systems' "computing infrastructure design business" into its operations.

AMD has acquired New Jersey-based ZT Systems, a leading provider of AI, cloud, and general-purpose computing, and infrastructure and design expertise.

India, News

Hadia Seema
August 19, 2024

India’s hospitality major OYO acquires Paris-based Checkmyguest

Checkmyguest, a vacation rental company founded in 2016 by Julien Madar, Joffrey Ichbia, and Kevin Cohen

India's hospitality major OYO has made a strategic move by acquiring Paris-based premium rental homes company Checkmyguest.

News, North America, Technology

Asiya
December 27, 2023
1 Comment

Here’s why Adobe and Figma deal gone dead

"The only way to solve a future competition issue, that someone might do something, is to not do the deal," Rao says.

Adobe general counsel Dana Rao in an interview with The Verge last week discussed why the acquisition deal of Figma by Adobe collapsed.

India, News, Technology

Editorial Staff
October 28, 2023

It’s Official – TATA to make iPhones in India for global market after acquiring Wistron

The Wistron board approved the sale of Wistron InfoComm Manufacturing India Private Limited to Tata Electronics Private Limited for an estimated $125 million

Tata Group is set to start assembling Apple iPhones in India after Wistron Corp approves the sale of its Indian manufacturing unit.

News

Editorial Staff
October 13, 2023

Atlassian to Acquire Loom to enhance team collaboration using Async Videos

As part of the joint agreement, Atlassian will acquire Loom for approximately $975 million. Around $880 million will be in cash, and the remainder in Atlassian equity awards, subject to continued vesting provisions. Atlassian expects to fund the cash consideration through existing cash balances.

Sydney, Australia-based Atlassian, a provider of team collaboration and productivity software, has lately announced its plans to acquire Loom.

India, News

Editorial Staff
August 3, 2023

Byju’s sends legal notice to Aakash’s founders demanding share transfer

Byju's acquired $940 million in a cash and stock deal in 2021 according to which TLPL owned 43 percent while its founder Byju Raveendran owned another 27 percent. Chaudhary family members maintain 18 percent, and Blackstone the remaining 12 percent.

Byju's has reportedly sent a legal notice to Aakash following their alleged resistance to complete the share swap that was agreed upon acquisition deal in 2021.