Momondo is estimated to have generated $125 million in revenues for the last 12 months, which means a price-to-sales multiple of 4.4x.
Earlier this month, the Priceline Group (PCLN) signed a deal to acquire Momondo Group. Priceline will acquire all outstanding shares of Momondo for $550 million in an all-cash deal.
Verizon (VZ) is close to a revised deal to buy Yahoo’s core Internet business for about $300 million less than the original price of $4.8 billion.
Targeting user experience space So far in this series, we’ve discussed what to expect from Salesforce’s (CRM) upcoming fiscal 4Q17 earnings announcement. Let’s discuss the company’s recent buyout of Sequence.…
Broadcom’s acquisition strategy Broadcom (AVGO) has significantly increased its scale and almost doubled its revenue by adding seven businesses to its existing portfolio of 12 businesses. It is now acquiring…
ON Semiconductor (ON) expects the Fairchild Semiconductor merger to bring in annual cost synergies of $225 million by 2019 compared with just $160 million in 2017.
A look at Apiary If features that appeal to developers are what make Amazon’s (AMZN) cloud, Amazon Web Services, popular, then Oracle (ORCL) is out to trim that advantage. The…
The potential acquisition of Charter Communications (CHTR) could be seen as another attempt by Verizon (VZ) to pursue revenue growth outside its traditional carrier business.
According to a January 26, 2017, Reuters report citing unknown sources, Verizon could be more interested in acquiring Charter Communications (CHTR) than Comcast
Verizon’s (VZ) progress in the 5G space continues. The company believes that it will be the first major US carrier to deploy 5G technology on its network.
According to a report from The Wall Street Journal, Verizon’s CEO has approached Charter Communications to discuss a possible merger.
On February 8, 2017, Time Warner reported 4Q16 earnings that beat analysts’ expectations.
AT&T believes that, despite hurdles, it will successfully complete its acquisition of Time Warner by the end of calendar 2017.
In a recent development, Google, the most profitable Alphabet branch, said it was acquiring a little-known unit of Twitter (TWTR) called Fabric.
ADI’s biggest deal has been the acquisition of Linear Technology (LLTC).
Parsley Energy’s (PE) latest acquisition news came after markets closed on February 7, 2017.
On January 10, 2017, Parsley Energy (PE) announced a $607 million acquisition in the Midland and Delaware basins of the Permian Basin.
On February 7, 2017, Parsley Energy (PE) announced that it had agreed to acquire 71,000 net acres in the Midland Basin from Double Eagle Energy Permian.
On July 25, 2016, Verizon (VZ) agreed to acquire Yahoo! for $4.8 billion. However, in early August 2016, more than 200.0 million Yahoo! accounts were hacked.
On February 1, it was announced that ONEOK will acquire all of the outstanding common units of ONEOK Partners for $9.3 billion in ONEOK common stock.