Amazon Inc. acquires MGM movie company for $8.45 billion

SEATTLE:  Amazon Inc  (NASDAQ: AMZN) and Metro-Goldwyn-Mayer movie company (MGM) have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion, a news release said  MGM has nearly…

Nanosys acquires glō

SILICON VALLEY: Nanosys Inc., supplier of quantum dot light emitting materials and technology, announced the acquisition of glō, the leading technology company for microLED displays. The transaction significantly expands Nanosys’…

Steven Schneider appointed CEO of Phone2Action

ARLINGTON: Steven Schneider, former chief executive at Logi Analytics, joined Phone2Action as CEO while Co-Founder Jeb Ory transitions into a new role as President and Chief Strategy Officer. Phone2Action, the…

Urban Elevator Service acquires Aventura Elevator

MIAMI: Urban Elevator Service announced its acquisition of Aventura Elevator. Urban Elevator completed the acquisition through its subsidiary Urban Elevator Service FL. Aventura Elevator is a full-service elevator contractor specializing…