SEOUL, Nov. 28 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has acquired a local startup that specializes in artificial intelligence (AI), in an apparent bid to improve its voice recognition system, Bixby. This is the first time that Samsung has acquired a South Korean startup. The size of the deal remains confidential. Established [...]
SAN DIEGO, Nov. 13 (Korea Bizwire) — AbacusNext®, the largest Technology-as-a- Service (TaaS) provider for the professional services industry, is pleased to announce the acquisition of HotDocs, the global leader in document automation. Integration of HotDocs into the existing technology solutions for legal, accounting, and business management makes AbacusNext the most complete technology provider to [...]
NEW YORK, Oct. 30 (Korea Bizwire) — Global Infrastructure Partners (GIP) announced today that it has closed on the previously announced acquisition of Medallion Gathering & Processing, LLC (Medallion). GIP purchased Medallion from an affiliate of The Energy & Minerals Group (EMG), 51% owner, and an affiliate of Laredo Petroleum, Inc. (Laredo), 49% owner, for [...]
SEOUL, Sept. 29 (Korea Bizwire) — SK Telecom Co. said Friday it has decided to buy an additional stake in its sister company, SK Telink Co., in a bid to expand cooperation in the field of artificial intelligence and the Internet-of-Things. Under the plan, SK Telecom, which holds a 85.86 percent stake in the sister [...]
LAS VEGAS, Sept. 26 (Korea Bizwire) — NRT Technologies, Inc., a wholly-owned subsidiary of NRT Technology Corp. (together, “NRT”) today announced the successful completion of its acquisition of VisuaLimits, LLC (“VL”). On September 20 2017, NRT and Sightline Payments announced an agreement to merge, with the combined entity to be called NRT Sightline (the “Transaction”). [...]
SEOUL, Aug. 28 (Korea Bizwire) — CJ Cheiljedang Corp., South Korea’s leading maker of processed foods, said Monday it has completed the acquisition of a Brazilian company to expand its foothold in the vegetable protein business. Earlier in June, the Korean firm announced its plan to buy Selecta, a Brazilian company that manufactures soy protein [...]
SEOUL, Aug. 17 (Korea Bizwire) — Chinese tire maker Qingdao Doublestar Co. has demanded creditors cut its bid price for a controlling stake in Kumho Tire Co., an official at one of the creditors said Thursday, adding a new twist to the Chinese firm’s bid to acquire Kumho Tire. Qingdao Doublestar signed a deal with [...]
NEW YORK & LONDON, Jul. 25 (Korea Bizwire) — Nasdaq, Inc. (Nasdaq:NDAQ) today announced that it has entered into a definitive agreement to acquire Sybenetix, a leading surveillance provider that combines behavioral analytics and cognitive computing with financial markets expertise. Sybenetix’s technology offering is designed to solve key surveillance challenges facing the asset management industry. [...]
IRVINE, Calif., Jun. 13 (Korea Bizwire) — SDC Technologies, Inc. (SDC), the recognized global leader in premium, high performance abrasion resistant coating solutions today announced the completed acquisition and merger with LTI Coating Technologies, LLC (LTI) a leader of UV-cure coating technologies. Together these companies offer innovative, premium abrasion, scratch, and chemical resistant coatings for thermal [...]
ALPHARETTA, Ga., Jun. 5 (Korea Bizwire) — Aptean, a leading global provider of mission critical enterprise software solutions, announced today the acquisition of FDM Software, an industry leader in Records Management (RMS), Computer-Aided Dispatch (CAD), mapping and analysis solutions for public safety agencies in North and South America. “With more than 1,500 public sector customers, [...]