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Google announces intent to acquire Velostrata

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As more and more enterprises move to the cloud, many need a simple way to migrate from on-premises and adopt the cloud at their own pace. This helps them take advantage of what the cloud has to offer—speed, scalability, and access to technologies like advanced data analytics and machine learning. With Velostrata, Google Cloud customers obtain two important benefits: they’ll be able to adapt their workloads on-the-fly for cloud execution, and they can decouple their compute from storage without performance degradation. This means they can eas... Read More »

Philips expands its Sleep & Respiratory Care portfolio with the acquisition of NightBalance

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NightBalance’s Sleep Position Trainer (SPT) was designed as a comfortable and easy to use treatment alternative for people who suffer from positional obstructive sleep apnea. The SPT gently prompts them not to sleep on their back, avoiding the apneas from occurring during sleep. The SPT is CE-marked and is currently marketed in select countries in Europe [1]. NightBalance offers a unique, patient friendly solution to treat positional obstructive sleep apnea and positional snoring that is highly complementary to our current offering... Read More »

Boeing to Acquire Leading Aerospace Parts Distributor KLX Inc. to Enhance Services Business Growth

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Boeing [NYSE: BA] announced today it has entered a definitive agreement to acquire KLX Inc. [NASDAQ: KLXI] to enhance its growing services business. The agreement comprises an all-cash transaction for $63 per share and the assumption of approximately $1.0 billion of net debt, totaling $4.25 billion. Boeing's acquisition of KLX Inc. will include KLX Inc.'s Aerospace Solutions Group, and is conditional upon the successful divestment and separation of KLX Inc.'s Energy Services Group. KLX Inc. is a major independent provider of aviation part... Read More »

FedEx Expanding E-Commerce Capabilities with Acquisition of P2P

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P2P provides customers with unique last-mile delivery options, leveraging its relationships with private, postal, retail and clearance providers in over 200 countries. Its industry-leading technology and processes provide plug-and-play options with carrier networks and customer systems. P2P is headquartered in Laindon, United Kingdom and will operate as a subsidiary of FedEx Cross Border within the FedEx Trade Networks operating company. “Global e-commerce continues to grow at a rapid pace, and more and more merchants, marketplaces, e-com... Read More »

Nokia completes the acquisition of Unium

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Unium's software will be embedded into Nokia's Wi-Fi portfolio to provide operators with a plug-and-play intelligent mesh Wi-Fi solution that is easy to install and constantly optimizes in-home Wi-Fi connections through self-learning and self-healing capabilities. Unium will operate as part of Nokia's Fixed Networks business group. ... Read More »

Apple to acquire digital magazine service Texture

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Texture brings over 200 of the world’s best magazines to life, providing an easy way for users to read high-quality stories and entire issues of their favorite titles. With Texture, users enjoy the magazines they know and love, while discovering new content that fits their passions and interests. “We’re excited Texture will join Apple, along with an impressive catalog of magazines from many of the world’s leading publishers,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services. “We are committed to quality journali... Read More »

Forbes Media Acquires UK Online Publication, The Memo

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Forbes Media announced today the acquisition of the British online business publication, The Memo, for an undisclosed amount. The deal will result in the founding of the first full-fledged editorial team that’s focused on European content, with The Memo’s Founder and Editor, Alex Wood, taking on the role as European Editor. The acquisition of The Memo is part of the company’s wider expansion plans in Europe and will enable the publisher to strengthen its presence in Europe and its European content on Forbes.com. Forbes will look to further e... Read More »

Pfizer Launches Zavicefta™ (ceftazidime-avibactam) In The U.K. And Germany, A New Antibiotic To Treat Complicated Infections Caused By Gram-Negative Bacteria

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In June 2016, the European Medicines Agency (EMA) approved the marketing authorization for Zavicefta based on an extensive clinical trial program. Zavicefta is indicated for the treatment of adults with complicated intra-abdominal infection (cIAI), complicated urinary tract infection (cUTI) and Hospital-Acquired Pneumonia (HAP), including Ventilator Associated Pneumonia (VAP). Zavicefta is also indicated for the treatment of infections due to aerobic Gram-negative organisms in adult patients with limited treatment options. Zavicefta addresses P... Read More »

Pfizer Completes Acquisition of Small Molecule Anti-Infective Business From AstraZeneca

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“The addition of AstraZeneca’s complementary small molecule anti-infectives portfolio enhances our global expertise and offerings in an increasingly important area of therapeutics that addresses the public health needs of patients and healthcare professionals. Additionally this acquisition is an example of how we are focusing our investments to drive sustainable revenue growth potential for our Essential Health business,” said John Young, group president, Pfizer Essential Health. About the acquired assets Product Indica... Read More »

Pfizer Completes Acquisition of Medivation

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“Pfizer and Medivation are now one unified team combining research and resources to combat cancer. This acquisition represents a rare opportunity to expand our business offering with an attractive pipeline and with XTANDI, an important medicine for men with prostate cancer. We welcome our new Medivation colleagues to the team and look forward to continuing the successful partnership with Astellas for XTANDI,” said Albert Bourla, group president, Pfizer Innovative Health. “Given the breadth of Pfizer’s existing oncology portfolio and emerging im... Read More »

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