Tag: Acquisition
US-based Snap to acquire British AR firm WaveOptics for $500mn
US-based camera and social media company Snap will acquire the British augmented reality (AR) technology company, WaveOptics for over $500 million.
The acquisition will provide...
Agthia gains shareholders approval for Nabil Foods acquisition
Abu Dhabi-based leading food and beverages company Agthia has announced that its shareholders approved the purchase of Jordan-based processed meat producer Nabil Foods.
Agthia's total...
Abu Dhabi’s FAB to conclude integration of Bank Audi Egypt by...
The UAE’s largest lender by assets, First Abu Dhabi Bank (FAB) has completed the transfer of Lebanon-based financial services company, Bank Audi's Egyptian unit's...
UAE’s IHC acquires 40% stake in Response Plus Medical Services
Abu Dhabi-based International Holding Company (IHC) has acquired a 40 percent stake in the region's largest healthcare group Response Plus Medical Services (RPM) through...
Panasonic to acquire US-based software firm Blue Yonder for $7.1bn
Japanese multinational electronics company, Panasonic will buy US supply-chain software company Blue Yonder in a deal worth $7.1 billion in order to meet growing...
Microsoft confirms plans to acquire Siri’s AI developer in a $16bn...
US-based multinational technology company Microsoft plans to buy artificial intelligence (AI) and speech technology firm Nuance Communications, known for helping Apple to develop its...
UAE-based KOJ acquires all ‘The Body Shop’ stores in the region
Kamal Osman Jamjoom Group (KOJ), one of the leading multi-channel retail groups in the Middle East, has acquired The Body Shop Stores, the exclusive...
Bahrain’s Investcorp to acquire biggest traffic control services firm in US
Bahrain-based global asset manager company Investcorp is acquiring RoadSafe Traffic Systems (“RoadSafe”) from ORIX Capital Partners, in alliance with leading, a growth-focused middle-market private...
