Tag Archive : Acquisition

/ Acquisition



Warren Buffett wearing a suit and tie: Warren Buffett, co-chair of the 10,000 Small Businesses Advisory Council, takes part in a panel discussion following a news conference announcing a $20 million partnership to bring Goldman Sachs' 10,000 Small Businesses initiative to the city of Detroit, Michigan, November 26, 2013. REUTERS/Rebecca Cook


© REUTERS/Rebecca Cook
Warren Buffett, co-chair of the 10,000 Small Businesses Advisory Council, takes part in a panel discussion following a news conference announcing a $20 million partnership to bring Goldman Sachs’ 10,000 Small Businesses initiative to the city of Detroit, Michigan, November 26, 2013. REUTERS/Rebecca Cook

  • Warren Buffett gave investing advice to Bob Woodward, purchased Microsoft stock after meeting Bill Gates, and struck a $37 billion deal thanks to a chance meeting, he told David Rubenstein in “How to Lead: Wisdom from the World’s Greatest CEOs, Founders, and Game Changers.”
  • The famed investor and Berkshire Hathaway CEO also touched on railroads, his annual shareholder letters, his retirement plans, and his company’s future in the interview with the co-executive chairman of The Carlyle Group.
  • Scroll down to read Buffett’s 10 best quotes from the discussion.
  • Visit Business Insider’s homepage for more stories.

Warren Buffett gave investing advice to investigative journalist

Read More

  • Bold Penguin continued its acquisition spree with RiskGenius to further enhance its Software as a Service platform.
  • And this purchase will help the insurtech further enhance its platform.
  • Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here.

The US-based B2B insurtech has entered a definitive agreement to acquire RiskGenius, per a press release; details around the acquisition haven’t been disclosed.

Investment banks and insurers using AI applications, by type

Bold Penguin acquires insurtech RiskGenius for its its Software as a Service platform.

Business Insider Intelligence


RiskGenius has developed document intelligence software along with other data and analytics products, which will become part of Bold Penguin’s existing Software as a Service (SaaS) platform under the acquisition. This marks Bold Penguin’s second acquisition this year, following the purchase of multiquote platform for standard and surplus lines business insurance market xagent.

Bold Penguin provides technology solutions for

Read More

Progress CEO Yogesh Gupta

Business application platform Progress is making an unspecified number of job cuts at Chef after completing its previously announced $220 million acquisition of the Seattle-based enterprise automation technology company this week.

People impacted by the cuts include a portion of Chef’s engineering team, including employees in Seattle and other locations, prompting former colleagues and others in the developer community to rally around them on the #cheffriends hashtag on Twitter.

In an interview with GeekWire this week, Progress CEO Yogesh Gupta said the 40-year-old Boston-area company remains committed to Chef’s product roadmap, open-source projects and business customers, calling Chef a strong cultural match for Progress and “a perfect fit from an overall strategy perspective.”

“We continue to see tremendous potential moving forward with the folks from Chef that have come on board, and the Progress team working together,” he said.

Gupta said Chef’s strengths in enterprise automation

Read More

Strategic buy builds on industry-leading food and beverage, pharmaceutical and logistics portfolio

ABB has acquired Codian Robotics B.V., a leading provider of delta robots, which are used primarily for high-precision pick and place applications. Codian Robotics’ offering includes a hygienic design line, ideal for hygiene-sensitive industries including food and beverage and pharmaceuticals. With the transaction, ABB is accelerating its engagement in the growing field of delta robots.

Codian Robotics is located in Ede, Netherlands and employs 20 people globally. The company will continue to serve its customers directly. The acquisition was signed and closed on October 1, 2020 and both parties agreed not to disclose any details regarding the purchase price.

“Our acquisition underscores our focus on breakthrough technology, helping our customers to fully realize the potential of automation and increase their flexibility in a rapidly changing business landscape,” said Sami Atiya, President of ABB Robotics & Discrete Automation. “Codian

Read More

  • Nvidia announced earlier this month that it intends to buy Arm from SoftBank for $40 billion. 
  • But the deal has several critics and now two technology investors are predicting it won’t go through. 
  • Nathan Benaich and Ian Hogarth made their prediction in their annual “State of AI” report. 



Jen-Hsun Huang wearing a suit and tie: Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017.


© Provided by CNBC
Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017.

LONDON – Nvidia’s $40 billion acquisition of chip designer Arm will most likely be blocked, according to two technology investors and artificial intelligence experts.

Loading...

Load Error

In the “State of AI” report published Thursday, Nathan Benaich and Ian Hogarth list eight predictions for the industry over the next 12 months.

One of those predictions is: “Nvidia does not end up completing its acquisition of Arm.”

The U.S. chip giant announced earlier this month that it intends to buy Arm from

Read More

IP2 Accelerates CCS-enabled 4D-Proteomics™ with GPU-based Scalable Search Engine

IP2 Adds ‘Run & Done’ Real-Time Capabilities to timsTOF® Proteomics Systems

Bruker Corporation (Nasdaq: BRKR) announces the recent acquisition of the Integrated Proteomics Pipeline (IP2) search engine and proteomics workflow software platform. IP2 was developed by Integrated Proteomics Applications Inc, a company founded by leading proteomics researcher Professor John Yates III, together with Drs. Robin Park and Tao Xu. Financial details of the transaction were not disclosed.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005135/en/

Prof. John Yates III, The Scripps Research Institute (Photo: Business Wire)

This acquisition further enhances Bruker’s solutions for CCS-enabled 4D-Proteomics™ by adding fast, scalable and GPU-based search engine capabilities for faster data processing and full utilization of molecular collision cross sections (CCS). Benefits include greater data completeness and higher confidence in protein and PTM identification and quantification in unbiased ‘shot-gun’ proteomics. Bruker’s

Read More