SYDNEY: Scout Security Ltd. (ASX: SCT), a white-label security-as-a-service platform, announced Wednesday it has entered into a binding agreement to acquire New York-based DIY home security innovator Roo Inc. in a merger of equals. The deal, valued at approximately A$7.11 million, will combine Scout’s technology with Roo’s product suite, intellectual property, and distribution partnerships. The…
Tag: acquisition
Jabil Inc. to acquire Hanley Energy Group for $725 million
ST. PETERSBURG: Jabil Inc. (NYSE: JBL) said on Wednesday it has entered into a definitive agreement to acquire Hanley Energy Group, a provider of energy management and critical power solutions for data centers, in an all-cash deal valued at approximately $725 million. The agreement includes up to $58 million in contingent consideration tied to future…
Medibank to acquire Australia’s primary care provider Better Medical for $159 milliond
SYDNEY: Australian health insurer Medibank Private Ltd said on Wednesday it has agreed to acquire primary care provider Better Medical for approximately $159 million, expanding its foothold in the country’s general practitioner sector. The acquisition of Better Medical, which operates a network of 61 GP and medical clinics across Victoria, Queensland, South Australia, and Tasmania,…
Verbrec to acquire Alliance Automation from Telstra for $5.5 million
Verbrec to acquire Alliance Automation for $5.5 million, divests Competency Training business SYDNEY: Australian engineering services firm Verbrec Limited (VBC.AX) said on Wednesday it has agreed to acquire automation and control company Alliance Automation from Telstra Group Limited (TLS.AX) for an upfront cash consideration of A$5.5 million ($3.6 million). The acquisition, outlined in a share purchase…
QIAGEN to acquire Parse Biosciences for $225 million in single-cell push
AMSTERDAM – Life sciences company QIAGEN NV said on Monday it has agreed to acquire Parse Biosciences, a provider of single-cell sequencing solutions, for an upfront $225 million in cash, aiming to capture a larger share of the fast-growing market for analyzing individual cells. The deal for the privately held U.S.-based company includes the potential…
CSW Industrials completes $650 million acquisition of MARS Parts
DALLAS — CSW Industrials, Inc. has finalized its acquisition of Motors & Armatures Parts, a leading distributor of HVAC and refrigeration components, for approximately $650 million in cash, the company announced Tuesday. The acquisition of MARS Parts significantly expands CSW’s product portfolio in the heating, ventilation, air conditioning and refrigeration market. The deal adds motors,…
Youtooz acquires UK brickset brand Microdesigns to expand into buildable collectibles
LONDON: Youtooz, the community-driven collectibles company, said on Wednesday it has acquired UK-based Microdesigns, a maker of premium brick-built display models of iconic venues and sports teams, marking its entry into the licensed sports goods category. The deal, whose financial terms were not disclosed, adds buildable collectibles to Youtooz’s product portfolio and strengthens its presence…
Ripple acquires digital asset custody firm Palisade
SAN FRANCISCO – Ripple, a provider of cryptocurrency and enterprise blockchain solutions, said on Tuesday it has acquired digital asset wallet and custody company Palisade, a move aimed at significantly expanding its services for financial institutions and corporations entering the digital asset space. The acquisition will combine Ripple’s existing “bank-grade vault” for long-term storage with Palisade’s…
Kimberly-Clark to buy Kenvue in $48.7 billion deal, creating consumer goods giant
NEW YORK – Kimberly-Clark Corp said on Monday it has agreed to acquire consumer health company Kenvue in a cash-and-stock deal valued at $48.7 billion, a move that combines brands like Kleenex and Huggies with Band-Aid and Tylenol to create a consumer staples giant. The deal, one of the largest on Wall Street this year,…
Intertek Group has acquired Suplilab
LONDON: Intertek Group plc, a leading Total Quality Assurance provider to industries worldwide, has acquired Suplilab, a market-leading provider of food safety and medical devices testing services, based in San José, Costa Rica. The Costa Rican economy is growing rapidly, creating a significant market for Risk-based Quality Assurance solutions that can cater to rising demand…
Ion Beam Applications S.A. has acquired PhantomX GmbH
LOUVAIN-LA-NEUVE – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology and a world-leading provider of quality assurance (QA) solutions, today announced the acquisition of PhantomX GmbH, expanding IBA’s portfolio in healthcare diagnostics and therapeutic systems enabling artificial intelligence (AI) quality assurance. Founded in 2018 by Dr. Paul Jahnke and Dr….
Tinybeans to acquire U.S.-based Qeepsake in all-stock deal to boost subscribers, revenue
SYDNEY – Australian family tech platform Tinybeans Group Ltd said on Monday it has agreed to acquire the assets of U.S. digital journaling app Qeepsake Inc. in an all-scrip deal valued at $2.7 million, a move set to significantly expand its paid subscriber base and accelerate its path to profitability. The acquisition will add about 49,000…