LONDON: Light Science Technologies Holdings plc (AIM: LST), a technology and manufacturing company focused on global food security and fire safety, has entered conditional agreements to acquire RLUK Injection Ltd and the remaining minority stake in UK Circuits and Electronics Solutions Ltd for a total maximum cash consideration of up to £5.37 million. The Derbyshire-based…
WELLINGTON: Accounting software company Xero Ltd. said Wednesday it will acquire U.S.-based payments platform Melio for $2.5 billion in cash and stock, in a move aimed at significantly accelerating its North American growth strategy. The acquisition, announced alongside a fully underwritten A$1.85 billion (US$1.2 billion) capital raise, aligns with Xero’s “3×3” strategy targeting growth in…
LONDON: Brave Bison, a next-generation marketing and technology firm, has entered into a conditional binding agreement to acquire MiniMBA, a leading online marketing education platform, for £19 million ($24.1 million) in a deal that will significantly expand its training and skills division. The acquisition, announced Tuesday, will see Brave Bison take over The Mini Trading…
LONDON: Spectris plc, a leading precision measurement company, has agreed to a recommended cash acquisition by MI Metron UK Bidco Ltd, an indirect subsidiary of funds managed by Advent International, the firms announced Monday. The deal, valued at approximately £3.8 billion ($4.8 billion), will see Spectris shareholders receive £37.63 per share, comprising £37.35 in cash…
LONDON: EARNZ Holdings Limited, a wholly owned subsidiary of its parent company, has agreed to acquire the entire share capital of A&D for a maximum consideration of £2.8 million, the companies announced. The deal includes an initial payment of £1.3 million, consisting of £840,000 in cash at closing, £200,000 held in escrow contingent on A&D…
MELBOURNE: FOS Capital Limited (FOS) announced today it will acquire the street lighting assets of Aldridge Traffic Systems Pty Ltd (ATS) from the financially troubled Traffic Technologies Ltd (ASX: TTI), which entered voluntary administration in April. The $3.1 million acquisition will be funded through a $3.7 million equity raising, with shares offered at a 3.2%…
LONDON: Qualcomm Incorporated has agreed to acquire Alphawave IP Group in a recommended cash deal worth approximately $2.4 billion, the companies announced Tuesday. Chip stock Alphawave soars on Qualcomm takeover Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm, will acquire all issued and future ordinary shares of Alphawave under a scheme of arrangement…
MIDLAND: Viper Energy Inc., a subsidiary of Diamondback Energy Inc., announced Monday it has agreed to acquire Sitio Royalties Corp. in an all-stock transaction valued at approximately $4.1 billion, including $1.1 billion in net debt. The deal, expected to close in the third quarter of 2025, will create one of the largest publicly traded mineral…
JANDAKOT: Tasmea Limited (ASX: TEA) announced Monday it has agreed to acquire Vertex Group, a specialist in high-voltage and portable power services, in a deal worth up to A$11.75 million ($7.8 million). The acquisition aims to strengthen Tasmea’s capabilities in the electrification industry. The purchase includes Vertex Power & Process Pty Ltd and VTX Group…
HIGH WYCOMBE: Babylon Pump & Power Limited (ASX: BPP) announced Monday it has entered into a binding agreement to acquire 100% of Blue Hire, a Western Australia-based specialist in pump hire and hydrotesting solutions, as part of its strategy to expand its rental and technical water services platform. The acquisition, valued at an upfront EBITDA…
SAN FRANCISCO: Salesforce announced Tuesday it is buying cloud data management firm Informatica in an $8 billion deal as the enterprise software giant expands its push into artificial intelligence. The acquisition will integrate Informatica’s data catalog, integration and governance services with Salesforce’s AI platform, Agentforce, the company said. “Truly autonomous, trustworthy AI agents need the most comprehensive…
SYDNEY: WiseTech Global, a leading logistics software developer, announced Monday it has entered into a binding agreement to acquire U.S.-based e2open, a provider of cloud-based supply chain solutions, for $2.1 billion in a deal aimed at creating a global trade and logistics marketplace. The acquisition, expected to close in the first half of 2026 pending…