Acquisitions
Analysis: Making sense of the Dell-EMC mega-merger
On Oct 12, Dell Inc made a whopping US$67 takeover bid for EMC Corp. Since then there has been a myriad of stories out. Edwin Yapp tries to make sense of it all.
SingPost boosts e-commerce logistics platform with TradeGlobal acquisition
SingPost, through its indirect wholly-owned subsidiary TG Acquisition Corp, is acquiring 96.3% of TradeGlobal Holdings Inc from TradeGlobal Parent LLC, which is owned by the private equity firm Bregal Sagemount, for US$168.6 million (or approximately S$236 million).
Satcom solutions provider Global Invacom poised for next wave
Singapore-based satellite communications solutions provider Global Invacom is set for the next technology shift, and plans to grow with it, Benjamin Cher reports.
Post-acquisition, it’s ‘business as usual’ for iPay88
Japan’s NTT Data sees its acquisition of a majority stake in Kuala Lumpur-based regional online payment systems provider iPay88 Sdn Bhd as marking its serious entry into South-East Asia, while it would be “business as usual” for the Malaysian company.
SingPost to acquire US logistics company Jagged Peak
SingPost, through its indirect wholly owned subsidiary SP Jagged Peak LLC, has entered into an agreement to acquire a 71.1% equity stake in Jagged Peak Inc for US$15.8 million (approximately S$22.5 million).
Dialog Axiata acquires Wow.lk, Ardent Capital exits its first portfolio startup
Ardent Capital has announced that its Sri Lanka-based e-commerce portfolio company Wow.lk (formerly Anything.lk) after Dialog Axiata increased its stake of Wow.lk’s operating company, Digital Commerce Lanka Pvt (DCL), to 100%.
Foodpanda acquires Singapore-Dine for undisclosed sum
Foodpanda said it has acquired food delivery company Singapore-Dine, its latest after a spate of acquisitions in February. Financial terms were not disclosed.
NTT Data acquires iPay88’s Malaysian operations
Online payment systems provider iPay88 has seen its Malaysian operations acquired by Japan’s NTT Data Corp. According to observers, the acquisition puts the Malaysian tech ecosystem on the radar of global players.
Singtel completes acquisition of US-based Trustwave
Singapore Telecommunications Ltd (Singtel) said it has completed its acquisition of US-based managed security services specialist Trustwave, first announced in April.
DNA on BFM: Does owning technology matter?
In this week’s Tech Talk show on BFM Radio, Karamjit Singh is really struck by how an entrepreneur with no domain expertise was able to raise almost US$200 million for his startup while another, who started around the same time and has deep technical expertise and almost 100 patents, has raised around US$10 million.
