Google has acquired Nest Labs, a startup established by former Apple employees, for $3.2 billion. According to a Financial Times report, the move is seen as a bold bet on what is called the "internet of things."
- 3 Scenarios Lear Capital Founder Kevin DeMeritt Says Precious Metals Could Protect Against
- Tips To Increase Your Appointment Setting Conversion Rate in 2022 According to Bruntwork
- Amazon FBA, Shipping, Receiving: Kitting and Assembly Solutions Keeps it All Signed, Sealed and Delivered for a Global Marketplace On the Go
UK oil engineering company Amec Plc has agreed to buy Foster Wheeler for $3.2 billion, paving the way for Amec to expand operations overseas, Bloomberg reported.
Sanofi will be purchasing a 12% stake in Alnylam Pharmaceuticals as well as access to the drugs it has developed for rare diseases, Bloomberg reported.
Nomura Holdings Inc, through Nomura Asset Management, will be purchasing ING Securities Investment & Trust Co, the Taiwanese investment unit of Dutch company ING Groep NV, Bloomberg reported.
International Entertainment Corp said it would be acquiring a 70% stake in Macau gambling junket operator Sun City Gaming Promotion Co for HK$7.35 billion, Bloomberg reported.
The US Justice Department won a case challenging the 2012 acquisition of Power Reviews Inc by rival online product review software maker Bazaarvoice Inc, Bloomberg reported.
The insurance unit of Portugal's Caixa Geral de Depositos SA will be acquired by China's Fosun International Ltd in a deal worth €1 billion, Reuters reported.
An unnamed official from South Korea's S-Oil Corp said Saudi Arabian Oil Co or Saudi Aramco, the largest crude exporter in the world, will be buying a $2 billion stake in S-Oil, Bloomberg reported.
Addison Capital portfolio company Gowanda Holdings said it had bought Los Angeles, California RF and microwave filters designer and maker TTE Inc for an undisclosed amount.
Canadian juvenile products and bicycle company Dorel Industries Inc said it had signed a share purchase deal to acquire Israel-based baby products and developmental toy firm Tiny Love.
Private equity firm Symphony Technology Group or STG and its portfolio firm Evidera said they had purchased healthcare modeling company Archimedes for an undisclosed amount.
Geneva-based Vitol Group is thinking of making a bid for some of Royal Dutch Shell's downstream operations in Australia, according to sources interviewed by Bloomberg.
Sandvik, a high-technology engineering firm based in Sweden, has agreed to buy Texas-based Varel International Energy Services for a price tag of about $740 million.
Oracle said it had agreed to purchase Corente, a New Jersey-based cloud-services firm, pushing the technology giant further into the Internet age, The New York Times The Dealbook reported.
Santa Clara, California-based Palo Alto Networks has acquired Morta Security, a Silicon Valley-based cyber security firm that has been in stealth mode since last year, for an undisclosed amount.