All articles tagged with #acquisitions
Originally Published 17 days ago — by Financial Times
Global dealmaking reached $4.5 trillion in the second-best year on record, highlighting a robust and active mergers and acquisitions market.
Originally Published 5 months ago — by Fortune
DoorDash, now valued at over $100 billion, dominates U.S. restaurant delivery and is expanding globally through acquisitions like Deliveroo and SevenRooms, aiming to become a comprehensive technology platform for restaurants and retailers worldwide, while still having significant growth potential in its core delivery business.
Originally Published 5 months ago — by TechCrunch
Apple is significantly increasing its AI investments, embedding AI across its products, reallocating staff, and making acquisitions to catch up in the AI race, while emphasizing careful product launches and viewing AI as complementary to its existing devices like the iPhone.
Originally Published 5 months ago — by The Verge
Apple CEO Tim Cook announced that the company is open to mergers and acquisitions to boost its AI capabilities, as it increases investment in AI and works on integrating it across its products, despite current delays in AI features like Siri. Apple remains financially strong with growing iPhone, Mac, and services revenue, but faces challenges from tariffs and geopolitical shifts.
Originally Published 5 months ago — by Bloomberg.com
EssilorLuxottica reported better-than-expected Q2 revenue driven by strong European sales and a surge in smart-glasses like Ray-Ban Meta, as it accelerates its wearable technology initiatives and plans further product launches and capacity expansion, despite tariffs impacting North American results.
Originally Published 5 months ago — by Hacker News
Yahoo's missed opportunities to acquire Google and Facebook early on, combined with poor strategic decisions and management, contributed to its decline and the rise of these tech giants, which could have been different if Yahoo had acted differently. The article discusses the importance of innovation, leadership, and timing in the tech industry, highlighting how Yahoo's focus on short-term revenue and mismanagement led to its downfall.
Originally Published 5 months ago — by GamesIndustry.biz
Ubisoft reported lower-than-expected Q1 2025-26 financials, with revenue down 3.9%, and announced a restructuring into 'Creative Houses' to improve focus and autonomy, while progress on a Tencent partnership continues.
Originally Published 6 months ago — by Music Business Worldwide
Scooter Braun has stepped down as CEO of HYBE America to pursue new ventures, while remaining an advisor and board member. Isaac Lee will take over as Chairman and CEO of HYBE Americas, overseeing key operations and continuing Braun's strategic initiatives. Braun's leadership helped HYBE expand in the US through major acquisitions like QC Media Holdings and others, and he expressed pride in his contributions and excitement for his next chapter.
Originally Published 1 year ago — by Yahoo Finance
Mondelez has announced its focus on "bolt-on" acquisitions, following reports of potential buyout talks with Hershey. Despite speculation, Mondelez emphasizes smaller deals, similar to its recent acquisitions of Chipita, Clif, and Ricolino, each under $3 billion. Hershey, with a market cap of about $38 billion, saw its shares drop 5% in premarket trading after an initial surge. Mondelez also revealed a new $9 billion share buyback program starting in 2025, replacing the current $6 billion plan.
Originally Published 1 year ago — by Metro.co.uk
A reader blames Microsoft's acquisition strategy for prompting Sony's interest in buying FromSoftware, the creators of Dark Souls and Elden Ring. The trend of major companies acquiring game developers is seen as harmful to industry competition, with fears that it could lead to a duopoly between Microsoft and Sony. The reader laments the loss of independent developers and the potential for fewer diverse gaming options as a result of these acquisitions.
Originally Published 1 year ago — by Windows Central
Microsoft Gaming CEO Phil Spencer has indicated that the company remains open to acquiring more video game companies, although no immediate deals are expected. Despite recent studio closures and layoffs, Microsoft is exploring partnerships with Chinese gaming companies to expand its global reach. This follows Microsoft's significant acquisitions of ZeniMax Media and Activision Blizzard in recent years.
Originally Published 1 year ago — by PR Newswire
Cardinal Health has announced the acquisition of a majority stake in GI Alliance and the Advanced Diabetes Supply Group for $2.8 billion and $1.1 billion, respectively. These acquisitions aim to enhance Cardinal Health's growth in multi-specialty and at-home healthcare solutions. The GI Alliance acquisition will expand Cardinal Health's presence in gastroenterology, while the Advanced Diabetes Supply Group will bolster its direct-to-patient diabetes supply services. Both transactions are expected to close in early 2025, contributing to Cardinal Health's revenue and profit growth.
Originally Published 1 year ago — by Fortune
With Donald Trump set to return to the presidency, analysts anticipate a surge in mergers and acquisitions (M&A) due to expected deregulation. Trump's business-friendly stance contrasts with the stricter regulatory approach of the Biden administration, which scrutinized mergers for their broader industry impact. Stocks of companies like Tapestry, Capri Holdings, Frontier, and Spirit have risen on expectations of deal approvals. While a more relaxed regulatory environment may boost M&A activity, high valuations and market conditions will still play significant roles in dealmaking.
Originally Published 1 year ago — by Yahoo Finance
Salesforce's stock plummeted 20% after disappointing fiscal first-quarter results and projections of slowing sales growth, marking its worst day since 2004. Analysts express concerns that Salesforce may resort to large acquisitions to spur growth, despite the company's cautious stance on such deals. The cloud software giant's past acquisitions include Slack, Tableau, and MuleSoft, and it recently acquired Spiff for $419 million. Investors are wary of Salesforce buying revenue growth and prefer strategic acquisitions closely aligned with its core business.
Originally Published 1 year ago — by GamesIndustry.biz
Take-Two announces layoffs of approximately 5% of its workforce, following a series of cost reduction plans and a recent acquisition of Gearbox. The company's financial struggles, including seven straight quarters of net losses, are attributed to economic challenges and underperforming games. The acquisition of Zynga is also seen as a factor in the company's downturn. Take-Two's shift towards mobile gaming is highlighted, with concerns raised about the lack of transparency in reporting mobile business metrics. The article also includes insights into other industry layoffs and business strategies.