Dublin, Ireland-based global communications services firm WPP Digital picked up a majority stake in London, UK-based digital consultancy firm Cognifide for an undisclosed sum in a deal that will deliver mutual benefits to both companies.
Mergers & Acquisitions
CapMan Buyout X fund to buy majority stake in Finnish sauna business Harvia Oy
CapMan Buyout X fund has agreed to buy a majority stake in sauna business Harvia Oy, a statement about the funding said. Financial terms of the deal were not disclosed.
Microsoft shells out $150M for Osterhout's wearable computing IP
American software giant shelled out $150 million to acquire San Francisco, California-based product design and development firm Osterhout Design Group's (ODG's) intellectual property for wearable computing devices.
Oculus acquisition fuel interest in virtual reality startups
The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.
Lithium acquires San Francisco social media influence scoring platform for $200M
US social customer solutions provider Lithium Technologies acquired San Francisco-based social media influence scoring platform in a deal valued at $200 million in combined cash and equity.
Latest News
Tucson, Arizona-based destination marketing solutions provider Simpleview bought Pittsburgh, Pennsylvania-based customer relationship management (CRM) solutions firm Software Management Inc (SMI) for an undisclosed sum to expand its client base.
Glebe, Australia-based business-to-business (B2B) publishing firm The Intermedia Group added beer and cider consumer publication Beer & Brewer Magazine for an undisclosed sum to beef up its liquor title portfolio.
Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.
Cubility, the maker of MudCube, has been bought by funds advised by Triton from Energy Ventures for an undisclosed price tag, a statement about the acquisition said.
Palo Alto Networks, a cyber security firm based in Santa Clara, California, has bought Israel-based cyber security company Cyvera for a price tag of $200 million, TechCrunch reported.
California-based YouTube online video content network Maker Studios has been acquired by The Walt Disney Studios in a deal valued at $500 million, TechCrunch reported.
Albany Molecular Research Inc bought Grafton, US-based pharmaceutical ingredients manufacturer Cedarburg Hauser Pharmaceuticals in a deal valued at $41 million that will up its 2014 revenue by $14 million.
Pennsylvania-based York Professional Baseball Club LLC added sports radio station WOYK AM 1350 from WOYK Inc for an undisclosed amount in a deal that will turn the latter in to an affiliate of the Hershey Bears Radio Network.
Philippine conglomerate GT Capital Holdings Inc purchased a 79.84% holding in the Toyota Cubai Inc dealership in a deal valued at PHP311.5 million to integrate both its wholesale and retail operations
