The word “acquire” is a verb that means to buy or obtain something for oneself, learn or develop a skill, or come to have something as a result of one’s behavior or activities.
SAN FRANCISCO: Hims & Hers Health announced Tuesday it will acquire European telehealth platform Zava as part of its push to expand globally. The deal, expected to close by mid-year, will broaden the company’s reach into Ireland, France and Germany, growing its active customer base by roughly 50%. Financial terms were not disclosed, but details will be…
LOS ANGELES: Entertainment Partners, a global leader in payroll and financial management for the entertainment industry, announced Tuesday it has agreed to acquire CASHét Entertainment, LLC, a top provider of digital payment solutions for film and TV productions. The acquisition will enhance EP’s ability to offer faster, more accurate financial services to productions worldwide. CASHét’s…
HONG KONG: Sagtec Global Limited (NASDAQ: SAGT), a leading provider of customizable software solutions, announced Thursday it has signed a term sheet to acquire Smart Bridge Technology Limited, a fast-growing agentic AI software company, for approximately $17.6 million. The proposed deal, priced at roughly 10 times Smart Bridge’s price-to-earnings ratio, is pending a definitive agreement…
HELSINKI: MariaDB plc announced Tuesday the acquisition of Finland-based Codership Oy, the developer of Galera Cluster, a high availability database solution known for ensuring uptime, preventing data loss and scaling with database growth. As part of the deal, Codership’s core team, including its founders, will join MariaDB, expanding the company’s European engineering and technical support operations. Galera…
MELBOURNE: Vitura Health Limited (ASX: VIT), a leading digital health platform in Australia, announced Monday that its 50%-owned joint venture, Flora Holdings Pty Ltd, has acquired the assets of Heyday Medical Clinic, a prominent medicinal cannabis clinic. The acquisition aims to strengthen Flora’s national footprint in integrated holistic healthcare. Heyday Medical Clinic, established in 2020,…
MANCHESTER: Venturi, a Manchester-based technology recruitment specialist, has been acquired by international professional services firm Org Group as part of its expansion into Europe and the U.S., the companies announced Wednesday. Venturi, which also operates in New York and Düsseldorf, will join Org Group’s portfolio, which includes talent services firm Morgan McKinley, business process company…
NEW YORK: Dick’s Sporting Goods has agreed to buy smaller rival Foot Locker for $2.4 billion in a deal that sent Foot Locker shares soaring while dragging down Dick’s stock, the companies announced Thursday. Foot Locker’s stock surged 75% to $22.50 in premarket trading following the news, while Dick’s shares fell 9%. The offer of $24 per share represents…
IRVINE: Viant Technology Inc. (NASDAQ: DSP), a leader in connected TV (CTV) and AI-powered programmatic advertising, has announced the acquisition of Lockr, a pioneering first-party data collaboration platform. Lockr enables content owners to collect, enrich, and activate first-party data efficiently. Keith Petri, the founder of Lockr, will continue to serve as its CEO. “Addressability is the…
SALT LAKE CITY: Cotiviti, a leader in data-driven healthcare solutions, announced today that it has entered into an agreement to acquire Edifecs, a pioneer in healthcare data interoperability. The combined platform aims to enhance connectivity between payers and providers, increase collaboration in the delivery of care, and accelerate the deployment of value-added solutions within the…
SYDNEY: The Codan Group (ASX:CDA), through a wholly owned subsidiary Codan US Inc., has entered into a binding agreement to acquire 100% of US-based organisation SKT2 LLC dba Kägwerks. Completion is expected to occur in early December 2024. Kägwerks is a global leader in tactical operator-worn neworking communications technologies that enable connectivity and integrated secure…
LONDON: Informa PLC reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Ascential Plc. Under the terms of the offer, each Ascential shareholder will be entitled to receive 568 pence in cash/share valuing the share capital of Ascential at approximately £1.2 billion…
LONDON: Urban & Civic is set to acquire L&Q Estates from London & Quadrant Housing Trust (L&Q). The sale, now unconditional, will soon be completed. L&Q Estates, a strategic land business, promotes sites through the planning process and delivers serviced land to the market. Urban & Civic, a leading UK Master Developer, was chosen to…