Verizon (VZ) disappointed in 1Q17 as it reported earnings and revenue that fell short of consensus estimates.
As part of its efforts to lead the 5G network rollout race, Verizon (VZ) announced in April that it was buying millions of miles of optical fiber from Corning (GLW).
A few weeks after reversing its stance and joining its peers in offering unlimited data plans, Verizon (VZ) claimed that the move was helping it win customers from other carriers.
The data breaches Yahoo suffered 2013 and 2014 have been described as the worst in Internet history.
US (SPY) regulators including the Federal Trade Commission are investigating Yahoo’s handling of the worst data breach in Internet history.
Yahoo combined with AOL could draw significant advertising revenue for Verizon.
The sale of Yahoo to Verizon (VZ) is expected to close in June or sooner. However, a cloud of uncertainty still hangs over the deal.
Yahoo is set to begin a new life as a part of Verizon (VZ). It will be bundled together with AOL under a newly created entity with a funny name: Oath.
Coach (COH) agreed to buy Kate Spade (KATE) for a cash offer of $18.50 per share. If successful, the deal is expected to close in 3Q17.
Coach (COH), America’s leading luxury handbag and accessories maker, is buying Kate Spade (KATE) for a total transaction value of $2.4 billion.
On March 30, 2017, Boston Scientific (BSX) announced a definitive agreement to acquire Symetis for $435 million in cash.
The fourth quarter of 2016 marked the third straight quarter in which Microsoft emerged as the leader in the overall enterprise SaaS market.
In November 2016, Adobe announced the acquisition of TubeMogul, which is a video advertising platform that helps advertisers schedule, purchase, and evaluate video advertisements.
On April 18, 2017, Oracle announced the acquisition of Moat. Founded in 2010, Moat has raised $67.5 million to date in four rounds from investors.
In the middle of April, Oracle again made the news when it announced the acquisition of Wercker, a startup in the IT software space. The financial details of the deal are not disclosed.
Last week, Microsoft (MSFT), going with the trend of M&A in the cloud space, announced the acquisition of Intentional Software. Financial details of the buyout were not disclosed.
In a Reuters survey based on the recommendations of 15 brokerage companies, BD was given “buy” ratings by ~66.7% of the analysts.
The BD-Bard acquisition is expected to create significant shareholder value since the two companies are believed to be a highly strategic fit.
C.R. Bard (BCR) has grown significantly outside the United States in recent years, driven by its international channel expansion strategy.
BD’s acquisition of C.R. Bard is aimed at providing a comprehensive product portfolio to customers at more reasonable costs and enhanced efficiency.