ALPHARETTA, Ga., May 16 (Korea Bizwire) — Aptean, a leading global provider of mission critical enterprise software solutions to more than 6,500 customers world-wide, announced today the acquisition of Apprise, a leading provider of Enterprise Resource Planning (ERP) and Supply Chain Management (SCM) solutions for importers and distributors of consumer goods. For more than 30 [...]
MCLEAN, Va. and NEW YORK, Oct. 21 (GLOBE NEWSWIRE) — LDiscovery, LLC, a technology-enabled eDiscovery services provider, and Corporate Risk Holdings, LLC, a global leader in diversified risk and information services and parent company of Kroll Ontrack, announced today a definitive purchase agreement under which LDiscovery will acquire Kroll Ontrack in an all-cash transaction valued [...]
SEOUL, Oct. 6 (Korea Bizwire) – Samsung Electronics Co. said Thursday it has agreed to acquire a U.S. artificial intelligence software developer, Viv Labs, joining a race to develop a digital assistant for smartphones and home appliances. The Silicon Valley company was set up by the entrepreneurs who sold the Siri digital assistant to Apple [...]
MINNEAPOLIS, MN, Aug. 30 (Korea Bizwire) – Calabrio, a leading provider of customer engagement and analytics software, and KKR, a leading global investment firm, announced today that they have entered into a definitive purchase agreement whereby KKR will acquire Calabrio. Financial terms of the transaction were not disclosed. Founded in 2007, Calabrio provides products and [...]
ALPHARETTA, Ga., Aug. 8 (Korea Bizwire) — Aptean, a leading provider of mission critical enterprise software solutions, announced today the acquisition of the Government & Enterprise Management Solutions (GEMS) Division from StarDyne Technologies, which provides offerings including Financial ERPs, Revenue Management Systems, Citizen Portals, Tax and Utility Billing Systems, and Enterprise Asset Management Solutions to [...]
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 [...]
NEW YORK, Jul. 26 (Korea Bizwire) — Taboola, the largest discovery platform, today announced the execution of an agreement to acquire ConvertMedia, a native video advertising company, seeing hyper-growth from millions of dollars in 2014 to its current annual run rate of $50M. Following the acquisition, ConvertMedia’s proven video technology will fully integrate with Taboola’s [...]
SEOUL, Jul. 24 (Korea Bizwire) – South Korea’s Hanwha Group on Sunday said its ranking on the list of the top 500 companies compiled by the U.S. business magazine Fortune shot up in 2016 from a year earlier, apparently helped by its merger and acquisition deals. The defense and chemical conglomerate was placed in the [...]
SEOUL, Jan. 11 (Korea Bizwire) – Lotte Hotels & Resorts, Lotte Group’s hotel unit, said Monday it will actively look for overseas business opportunities through mergers and acquisitions (M&As) once it acquires cash from the highly anticipated initial public offering. Lotte Hotel last month submitted its application for market floatation on the Seoul bourse, taking [...]
SEOUL, Jan. 6 (Korea Bizwire) – CJ Group, South Korea’s leading food and entertainment conglomerate, will step up its global expansion through mergers and acquisitions (M&A) in the bio and logistics business to foster new growth drivers, company officials said Wednesday. CJ has been grappling with stagnant growth after its chairman Lee Jay-hyun’s indictment on [...]