The government is unlikely to resume the disinvestment process for Central Electronics Ltd (CEL) any time soon as it feels that the public sector enterprise may not find suitors. A top government official said that a...
HP completes $3.3-bn acquisition of hybrid work solutions provider Poly
PC and printer major HP Inc on Monday announced the completion of its $3.3 billion acquisition of Poly, a leading global provider of workplace collaboration solutions. The deal is expected to accelerate HP’s...
TVS Electronics to acquire business, IP rights of GTID Solutions Development
TVS Electronics on Monday executed a business transfer agreement with GTID Solutions Development to enter into the mobile POS software solutions and authentication solutions space, offering hardware along with required...
Whirlpool to buy InSinkErator for $3 billion to beef up kitchen presence
Home appliance maker Whirlpool Corp said on Monday it would buy Emerson Electric Co’s InSinkErator unit, which makes waste disposal equipment and hot water dispensers, for $3 billion to beef up its kitchen...
Tube Investments picks up majority stake in Moshine Electronics
Tube Investments of India, part of diversified conglomerate Murugappa Group, is diversifying its business into the electronics and components segment by acquiring 76 per cent equity stake in Moshine Electronics Pvt Ltd...
Welcome to PlayStation family: Sony completes $3.6 bn acquisition of Bungie
Japanese giant Sony has closed the $3.6 billion acquisition of Bungie, the developer of Destiny and the original creator of the hugely popular Halo franchise. “The agreement to acquire Bungie has closed. So now we...
Panasonic India companies’ deal gets NCLT OK
The National Company Law Tribunal recently allowed the amalgamation of two Panasonic India entities despite objections by the income tax department over the chances of the anti-abuse provisions of the general anti...
JIC is considering acquisition of Toshiba – Bloomberg
Japan Investment Corp (JIC) is considering the acquisition of Toshiba Corp, Bloomberg reported on Wednesday citing an unnamed source. Bain Capital and CVC Capital Partners have also proposed buying out the Japanese...
More than 10 funds consider making strategic proposals to Toshiba -NHK
More than 10 investment funds are considering making strategic proposals, including a potential buyout, to Toshiba Corp after the Japanese conglomerate said it would solicit deal offers, national broadcaster NHK...
HP to buy audio products maker Poly for $1.7 billion
HP Inc said it would buy audio and video products maker Poly for $1.7 billion in cash, a move that would help it take advantage of the electronic products boom sparked by hybrid working. The deal offers $40 for each...
UK-based Volex acquires majority stake in inYantra Tech in USD 13-mn transaction
inYantra Technologies Pvt Ltd, an electronics design and manufacturing services firm, on Monday said UK-based integrated manufacturing-services and power products company Volex plc has acquired a majority stake in it in...
Apple buys startup that makes music with artificial intelligence
Apple Inc. acquired a startup called AI Music that uses artificial intelligence to generate tailor-made music, according to a person with knowledge of the matter, adding technology that could be used across its slate of...
