Tag Archives: deal

Cisco Pays $3.7 Billion, Almost Double to Buy AppDynamics

Cisco Systems is acquiring AppDynamics for a whopping $3.7 billion, almost double the estimated price in its IPO filing that valued the company at $1.72 billion. While AppDynamics is ready to forgo IPO route to profit its promoters, Cisco is keen to add software face under its new market strategy. With the acquisition, Cisco wants end its image as maker ...

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BioClinica Now Acquires Synowledge, a Pharmaco-vigilance Company

BioClinica Inc., a global specialty clinical trials services provider, has acquired Synowledge, a pharmaco-vigilance firm with offices in India and Japan, as part of its expansion strategy in Europe, Asia and the US. The details of the deal amount were not revealed by the company. Synowledge is a specialized Pharmacovigilance, regulatory affairs and IT services provider to life sciences organizations ...

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Sony Pictures Television To Acquire Majority Stake In IMS Internet Media Services

Sony Pictures Television (SPT) has signed an agreement to acquire a majority stake in IMS Internet Media Services (IMS), one of Latin America’s largest ad sales and media buying firms in the digital space. Both Andy Kaplan, president of SPT and Gaston Taratuta, CEO, Founder for IMS are expected to sign the deal once the regulatory approval is obtained. “Gaston and his team are experts in the digital space and they have created ...

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Snapdeal Snaps up FreeCharge to Gain Market Leader Image

India’s leading online marketplace Snapdeal on Wednesday announced acquiring mobile transactions platform FreeCharge in a cash-cum-stock deal for an undisclosed amount to become an m-commerce firm. Though both the firms declined to share details of the deal, Snapdeal co-founder and chief executive Kunal Bahl told reporters in Bangalore that most of the transaction took place in cash. “As private entities, ...

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Samsung Denies Reuters Report on Blackberry Takeover

South Korea’s Samsung Electronics has denied that it had bid to buy Canada-based smartphone-maker Blackberry as reported by Reuters based on sources close to the deal. “Media reports of the acquisition are groundless,” a Samsung spokeswoman said. Samsung recently offered to buy BlackBerry for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate ...

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Universal buys Steve Jobs biopic film from Sony Pictures for $30 Mln

Universal Pictures has taken over the biopic on Apple co-founder Steve Jobs from Sony Pictures half-way due to mounting expenses on the film, said a studio spokesperson. Attributing it to some sources, hollywoodreporter.com said the project has been acquired for more than $30 million. Filmmaker Danny Boyle is directing the biopic, the script of which is written by Aaron Sorkin. ...

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TomorrowNow Saga with SAP: Oracle Settles for Less, Reaches Out of Court Settlement

German company SAP has settled its long-standing copyright-infringement lawsuit with the other tech giant Oracle after reaching a deal to pay $359 million in damages with interest to the American company instead of the $1.3 billion awarded in 2010. The contention arose when Oracle said SAP in 2007 through its now-defunct subsidiary, TomorrowNow, had illegally downloaded Oracle’s software to provide ...

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 FlipKart Takes Over Embassy Park’s 3-Mln/Sq.Ft Office Space on Rs.300 Crore Lease

Flipkart, online e-commerce giant which has tasted insuffuciency of infrastructure with its Koramangal-based buildings when the “One Billion Deal Day” was held early this month will soon move into 3 million square feet office space at the Embassy Park paying Rs.300 crore per annum rent. The lease deal is also part of Flipkart’s future expansion plans that include 12,000 more ...

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