Other News

AkzoNobel acquires Brazil’s Polinox
Global

AkzoNobel acquires Brazil’s Polinox

AkzoNobel Specialty Chemicals said it has completed its acquisition of Brazil’s Polinox. Polinox is a producer of ketone peroxides, an essential ingredient in the manufacture of polymers. The purchase expands the company’s footprint in South America, establishing it as one of the region’s leading producers of curing systems for polyester […]

Etihad, Emirates deny merger rumours
Global aviation

Etihad, Emirates deny merger rumours

The duo of Etihad and Emirates Airlines have denied that the latter plans to take over the operations of the former. A deal which would have become the largest airline by passenger traffic was denied by the two airlines as untrue. Bloomberg had reported yesterday evening (Nigerian time) that Emirates […]

Adobe to acquire B2B platform, Marketo
Tech

Adobe to acquire B2B platform, Marketo

Adobe said it has entered into a definitive agreement to acquire Marketo for $4.75 billion, subject to customary purchase price adjustments. Marketo is a cloud platform for B2B marketing engagement, which according to its disclosure has nearly 5,000 customers. The company said in a statement that will enable it to […]

Amazon enters India’s retail sector with investment in More
Tech

Amazon enters India’s retail sector with investment in More

Amazon alongside an Indian private equity firm Samara Capital have invested  in Indian supermarket chain More. The investment is Witzig Advisory Services, which is owned by Samara Alternative Investment Fund, Amazon said without divulging financial details or the size of its stake. Witzig is in the process of acquiring Aditya Birla […]

Vonage acquires NewVoiceMedia for $350 million
Tech

Vonage acquires NewVoiceMedia for $350 million

Cloud-based VoIP provider, Vonage said it has acquired NewVoiceMedia for $350 million. Vonage said in a statement that has entered into an agreement to acquire privately-held NewVoiceMedia, an industry-leading cloud Contact Center-as-a-Service (CCaaS) provider, for an equity price of $350 million paid in cash. The acquisition combines Vonage’s robust UCaaS […]