MINNEAPOLIS and OMAHA, Neb., Jun. 1 (Korea Bizwire) — With the completion of TBG’s acquisition of DTN from Schneider Electric SE for a total consideration of $900 million, TBG plans to fully reinstate the powerhouse DTN brand that has been known and trusted since 1984, and focus on growing the business in both the domestic [...]
SEOUL, Feb. 13 (Korea Bizwire) – Shareholders of Harman International Industries Inc. will hold a meeting later this week to vote on a deal by Samsung Electronics Co. to acquire the U.S. car technology firm, according to industry sources Monday. In a deal worth US$8 billion, Samsung announced last November that it would buy Harman [...]
WAKEFIELD, Mass., Feb. 8 (Korea Bizwire) — Following the announcement in December 2016 that affiliates of Xura entered into definitive agreements to acquire Mitel Mobility, Inc. (“Mitel Mobile”), a division of Mitel Networks Corporation (“Mitel”) (Nasdaq:MITL) (TSX:MNW), and Ranzure Networks, Inc. (“Ranzure”), today Xura announces that upon completion of the transactions the new combined company [...]
GAITHERSBURG, Md., Oct. 31 (Korea Bizwire) — BroadSoft, Inc. (NASDAQ:BSFT), a global unified communication software as a service (UCaaS) leader, has acquired VoIP Logic, a wholesale provider of BroadWorks-based cloud communications services to internet and other service providers in the US. VoIP Logic has been successful in growing its customer base by offering an attractive [...]
ALPHARETTA, Ga., Oct. 3 (Korea Bizwire) — Aptean, a leading provider of mission critical enterprise software solutions, announced today the acquisition of GQ Life Sciences, Inc., a global provider of life science patent search solutions. “The acquisition of GQ Life Sciences expands our ability to provide vertically-focused mission critical enterprise solutions by entering the Life [...]
DENVER, Aug. 01 (Korea Bizwire) – Sundance Energy Australia Limited (ASX:SEA) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford and Greater Anadarko Basin, is pleased to announce that the Company has closed the previously announced acquisition of additional assets in McMullen County, Texas. The [...]
SEOUL, July 29 (Korea Bizwire) – Though the South Korean government quashed SK Telecom’s attempt to take over CJ HelloVision, one of Korea’s leading telecommunications companies is still stepping up to shift its strategy to a ‘digital platform’. SK Telecom had proposed acquiring the nation’s largest cable TV operator, CJ HelloVision, and then merge it with [...]
SAN JOSE, CA, Apr. 4 (Korea Bizwire) – Brocade (NASDAQ: BRCD) Combined company expected to be #1 in storage area networking, #1 in service provider Wi-Fi, #2 in data center networking, #3 in enterprise wireless LAN, and #3 in enterprise edge networking in the U.S. and EMEA Transaction expected to be accretive to Brocade’s non-GAAP earnings by Q1 [...]
ATLANTA, Oct. 1 (Korea Bizwire) — Aptean announced today the acquisition of CoreTrac, Inc., a leading provider of integrated customer relationship management (“CRM”) and automated sales tracking solutions designed specifically for banks and credit unions in the United States. CoreTrac’s CRM solution is used nationally by banks and credit unions of all sizes to elevate [...]
SEOUL, Nov. 26 (Korea Bizwire) – South Korean advertising agency Cheil Worldwide has reached a deal to acquire a stake in Iris Worldwide, a UK agency specialized in shopper marketing. Korea’s top ad agency announced on November 25 that it signed an agreement to purchase a 65 percent stake in the London-based company, for a [...]