SEOUL, Nov. 18 (Korea Bizwire) — Korean Air Lines Co., South Korea’s biggest carrier, will proceed with the deal to acquire its smaller local rival Asiana Airlines Inc. without job cuts, the company’s chairman said Wednesday. “The company made a decision to acquire (Asiana Airlines) to make a contribution to the development of the country’s [...]
ALPHARETTA, Ga., Nov. 17 (Korea Bizwire) — Today, Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Open Systems Adaptable Solutions (OSAS), a leading enterprise resource planning (ERP) software solution provider. Founded in 1976, and headquartered in Shakopee, Minnesota, OSAS serves nearly 2,500 manufacturing, distribution and services customers across North America and has built [...]
PITTSBURGH, Nov. 11 (Korea Bizwire) — TrueCommerce, a global provider of trading partner connectivity and integration solutions, has announced today that it will be acquired by Welsh, Carson, Anderson & Stowe (WCAS), a leading technology-focused private equity firm. WCAS’s investment in TrueCommerce will support continued organic growth in its existing customer segments and geographies, as [...]
SEOUL, Oct. 23 (Korea Bizwire) — SK hynix Inc.’s acquisition of Intel Corp.’s NAND memory business will bring positive results to the company, analysts here said Friday, as it can beef up profitability and technological prowess in the sector. South Korea’s No. 2 chipmaker on Tuesday announced a 10.3 trillion-won (US$9 billion) deal to buy [...]
Stockholm, Sweden, Oct. 21 (Korea Bizwire) - Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, today announces that it has been granted regulatory approval for the acquisition of SAP Digital Interconnect, a unit within SAP, from the Competition and Markets Authority in the United Kingdom. This means that regulatory approval has [...]
SEOUL, Oct. 20 (Korea Bizwire) – SK hynix Inc., South Korea’s No. 2 chipmaker, said Tuesday that it will buy the NAND business of U.S. semiconductor giant Intel Corp. in a deal worth 10.3 trillion won (US$9 billion) to help the company vault to become the world’s second-largest NAND flash chipmaker. SK hynix said it will [...]
AMSTERDAM, NETHERLANDS, Oct. 15 (Korea Bizwire) – Wessanen and the shareholders of Little Lunch have signed an agreement for the purchase of 100% of the business, subject to agreement of the Bundeskartellamt (German Cartel Office). Founded in 2014, Little Lunch has developed into the market leader in the German market for organic soup. Over the [...]
AMSTERDAM, Oct. 6 (Korea Bizwire) — The world’s leading provider of Internet, Cloud access and SD-WAN solutions, Expereo, has announced the acquisition of Globalinternet, global supplier of managed Internet access services. The acquisition consolidates Expereo’s leadership in providing managed Global Internet and network connectivity solutions to its partners and multinational corporate customers. Globalinternet’s capabilities further [...]
ATLANTA, Sept. 22 (Korea Bizwire) — Secureworks® (NASDAQ:SCWX), a leader in software-driven security solutions, today announced it has completed the acquisition of Delve. Delve’s SaaS solution uses artificial intelligence (AI) and machine learning to automate vulnerability detection and prioritization across an organization’s network, endpoint or cloud environment, providing CISOs, CIOs and IT Security departments accurate and [...]
QUEBEC CITY, Sept. 22 (Korea Bizwire) – LeddarTech®, a leader in level 1-5 ADAS and AD sensing technology, is pleased to announce the acquisition of the assets of Phantom Intelligence, including all of its intellectual property and technology. Founded in 2011, Phantom Intelligence is recognized for their expertise in signal processing and LiDAR technology that protects [...]