Johnson & Johnson has entered into a definitive agreement to acquire Proteologix, a Redwood City, California-based biotechnology company specializing in bispecific antibodies for immune-mediated diseases, for $850 million in cash, with the potential for additional milestone payments. The transaction is expected to close by mid-year 2024, pending antitrust clearance and other customary closing conditions. Proteologix’s … Read more
Synechron Strengthens Digital Transformation Capabilities with Acquisition of iGreenData
Blockworks, a prominent media company specializing in cryptocurrency coverage for professionals, has announced its acquisition of The Breakdown, a renowned podcast network. This strategic move signifies Blockworks’ commitment to enhancing its podcasting capabilities and expanding its presence in the cryptocurrency media landscape. Co-founder of Blockworks, Jason Yanowitz, emphasized the significance of this acquisition, highlighting its … Read more
Privateer, a leading space situational awareness company, has made a significant move by acquiring Orbital Insight, a renowned geospatial data analysis firm. The acquisition, coupled with a $56.5 million Series A funding round, underscores Privateer’s commitment to expanding its capabilities and providing comprehensive solutions for understanding both space-based and Earth-bound activities. Before the acquisition, Privateer … Read more
SquareOne Entertainment, a prominent German distributor-producer under the Vuelta Group umbrella, has made a significant move by acquiring Telepool, a key player in German film and TV production, distribution, and licensing. This acquisition, valued at $87 million, demonstrates SquareOne’s commitment to expanding its footprint in the European entertainment industry. The deal, announced by Vuelta Group … Read more
Istanbul-based fintech company Iyzico has announced its acquisition of Paynet, a leading provider of B2B and B2B2C payment solutions headquartered in the same city. The acquisition, valued at $87 million, marks a significant milestone for Iyzico and represents one of the largest acquisitions by a Turkish fintech firm in recent years. Founded in 2013, Iyzico … Read more
Corlytics, a leading regulatory intelligence publisher specializing in content and automated policy compliance, has recently completed the acquisition of a digital regtech platform from Deloitte UK. This strategic move aims to merge Corlytics’ expertise in regulatory monitoring with Deloitte’s robust policy management capabilities, providing a comprehensive solution to navigate the evolving regulatory landscape. The acquisition … Read more
Imperial Dade, a prominent distributor of foodservice packaging supplies, industrial products, and janitorial supplies in North America, has announced the acquisition of R.D. McMillen, further expanding its coverage in Illinois. This transaction marks Imperial Dade’s 85th acquisition under the leadership of Robert and Jason Tillis, Chairman and CEO respectively. While the financial terms remain undisclosed, … Read more
DP World has finalized its acquisition of Savan Logistics, the operator of Savannakhet dry port in Laos, marking its entry into the country’s burgeoning logistics sector. Savan Logistics has been managing the dry port since 2016, strategically positioned at the western end of the East-West Economic Corridor, spanning Laos, Cambodia, Myanmar, Thailand, and Vietnam. Covering … Read more
Leading inventory and order management software invests in growth,
new AI capabilities on the heels of new CEO appointment