On January 17, 2017, ExxonMobil (XOM) announced that it will be acquiring Bass family companies for a staggering $6.6 billion.
With its huge cash reserves, Microsoft (MSFT) would be one of the top beneficiaries of President Trump’s proposed tax reductions.
Since 2011, nearly 140 private companies related to AI technologies have been acquired with more than 40 acquisitions taking place in 2016 alone.
To move ahead in the AI space, Microsoft (MSFT) announced that it plans to acquire Maluuba, an AI (artificial intelligence) startup.
Microsoft is pushing for UWP (Universal Windows Platform) development to promote Windows 10 in the current app climate.
Last week, Microsoft announced the acquisition of Simplygon in the AR (augmented reality) space.
HPE shells out $650 million to acquire SimpliVity Earlier in the series, we discussed VMware’s (VMW) focus on the HCI (hyper-converged infrastructure) space. We also discussed the benefits offered by…
HPE estimates the hyper-converged market to be worth ~$2.4 billion in 2016. It’s expected to grow at a compound annual growth rate of 25% to nearly $6 billion by 2020.
In October 2015, Walgreens announced its plans to acquire Rite Aid for an enterprise value of $17.2 billion, including acquired net debt of $9.3 billion.
Bloomberg reported that the FTC seems unimpressed by Walgreens’ proposal to sell 865 Rite Aid stores to Fred’s to obtain clearance to acquire Rite Aid.
Alibaba (BABA) is buying China’s department store chain, Intime Retail, for $2.6 billion and making the business private.
Yahoo! remains hopeful that Verizon (VZ) will acquire its operating assets despite its recent disclosure of major breaches in its system.
Salesforce continued its spree in December 2016 with its acquisition of Twin Prime, a startup focused on machine learning.
Following the news of Noble Energy’s (NBL) acquisition of Clayton Williams Energy (CWEI), NBL stock closed 7.0% higher on January 17, 2017.
The Permian Basin’s impressive production profile, low break-even costs, and high IRRs have caused producers to scramble to get their slice of the pie.
On January 16, 2017, Noble Energy (NBL) announced that it’s acquiring Clayton Williams Energy (CWEI) for $2.7 billion. It will add 71,000 net acres in the Southern Delaware Basin.
On January 16, 2017, Noble Energy (NBL) announced an agreement to acquire all of the outstanding common stock of Clayton Williams Energy (CWEI) for $2.7 billion in stock and cash.
US President-elect Donald Trump is still opposed to the intended takeover of Time Warner (TWX) by AT&T (T), according to Bloomberg, which cited people close to Trump.
AT&T (T) has announced a definitive agreement to acquire Time Warner (TWX) in a stock-and-cash transaction valued at $107.50 per Time Warner share.
Time Warner (TWX) has high-quality content assets, and AT&T (T) has extensive customer relationships across the wireless, video, and fixed broadband platforms.