SEJONG, Sept. 4 (Korea Bizwire) — Corporate mergers and acquisitions (M&As) by South Korean firms more than tripled in the first half of this year as a global economic recovery encouraged companies to expand their business spheres, the antitrust watchdog said Monday. The value of reported M&As reached 41.5 trillion won (US$36.6 billion) in the [...]
SEOUL, Aug. 16 (Korea Bizwire) — Chinese tiremaker Qingdao Doublestar Co. appears to be in the final stage to take over its South Korean rival — Kumho Tire Co., informed sources said Wednesday, as it has submitted documents for the government’s approval in a 955 billion won (US$857 million) deal. In March, creditors of Kumho [...]
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., 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 [...]