SEOUL, Oct. 8 (Korea Bizwire) — Viva Republica Inc., the company behind popular South Korean financial app Toss, said Friday it will acquire a 60 percent stake in VCNC, the operator of ride-hailing service Tada, in a move to enter the country’s competitive mobility market. The fintech-focused company said it signed a three-way memorandum of [...]
TORONTO and MILAN, Italy, Oct. 7 (Korea Bizwire) — Leading diversified professional services and investment management company, Colliers (NASDAQ and TSX: CIGI), announced today it has entered into an agreement to acquire a controlling interest in Antirion SGR S.p.A., one of the largest real estate investment management firms in Italy with assets throughout Western Europe. [...]
PICKERING, Ontario, Sept. 30 (Korea Bizwire) — TJP Labs Inc. (“TJP Labs”), one of North America’s leading full-service contract manufacturers of next-generation nicotine products, announced today that it has, through a wholly owned subsidiary, acquired certain assets of North American Ingredients Inc. (“NAI”), including NAI’s Drug Establishment and cGMP compliant facility. The newly acquired facility [...]
SEOUL, Sept. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday it has signed a deal to acquire a stake in Israel-based automotive cybersecurity firm Cybellum in a move to strengthen its growing auto parts business. The South Korean tech giant said it will purchase a 63.9 percent stake in Cybellum and plans to jack [...]
Stockholm, Sweden, Sept. 22 (Korea Bizwire) – Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, today announced that it has entered into a definitive agreement to acquire MessengerPeople, a leading German software-as-as-service platform for conversational messaging. Sinch will pay a total enterprise value of EUR 48 million, with a total [...]
NEW YORK and CHICAGO, Sept. 14 (Korea Bizwire) — Sphera today announced that private equity funds managed by Blackstone (NYSE: BX, “Blackstone”) have completed their previously announced acquisition of Sphera, a leading provider of environmental, social and governance (ESG) software, data and consulting services, from Genstar Capital. The transaction, which values the company at $1.4 billion, [...]
LONDON, Sept. 14 (Korea Bizwire) – K2 Partnering Solutions, the global leader in consultative technology solutions, today announced its acquisition of Marlin Green. Marlin Green is an award-winning international recruitment agency, with offices in London and Düsseldorf, that provides specialist pan-European contract IT recruitment solutions across SAP, Business Intelligence, and Big Data. The acquisition, which was completed [...]
PITTSBURGH, Sept. 13 (Korea Bizwire) – TrueCommerce, a leading global cloud provider of supply chain and trading partner connectivity, integration, and omnichannel solutions, announced today that it has acquired DiCentral, a leading global B2B and API solutions provider. This acquisition enables TrueCommerce to fuel the growth of its leading global network, deepen its solutions portfolio, [...]
HELSINKI, Sept. 9 (Korea Bizwire) — Tuxera, the world-leading storage software and networking technology company, has signed an agreement to acquire HCC Embedded, the Hungarian developer of embedded file systems, flash management, and network data transfer software. HCC Embedded will officially operate as Tuxera Hungary Kft. Tuxera now offers the most comprehensive range of software [...]
SEOUL, Sept. 9 (Korea Bizwire) — South Korean telecom giant KT Corp. said Thursday it has acquired global data company Epsilon Global Communications Pte. Ltd. to bolster the telecom operator’s data communications infrastructure. KT said in a release it signed a deal Wednesday to acquire the company with Daishin Private Equity under South Korean brokerage [...]