Top Glove, the world’s largest manufacturer of latex gloves, will shut down more than half its factories after nearly 2,500 of its workers tested positive for Covid-19 amidst a surge in demand for its gloves, a key part of personal protective gear. Of the nearly 5,800 workers the Malaysian company has tested so far, 2,453 [...]
iDreamSky Technology Holdings Ltd. and buyout firm CVC Capital Partners are considering reducing their offer to jointly acquire rival gaming company Leyou Technologies Holdings Ltd., according to people familiar with the matter. The suitors are seeking to significantly cut from a previous offer that would have valued Leyou at about $1.4 billion, the people said. Market volatility and [...]
Scopely has acquired game development studio PierPlay, the maker of the recently launched Scrabble Go mobile word game. The deal follows a pattern where Scopely partners with an external game studio, launches a game, and then acquires the studio if the game is particularly successful. That’s what happened in 2019 when Scopely bought Digit Game Studios, maker of its successful [...]
Deliver next-generation mediation capabilities and offer high impact mobile video, at scale, while providing the greatest level of transparency & control San Francisco, CA - January 10, 2018 - InMobi, the world’s largest independent mobile advertising platform, today announced the acquisition of AerServ for $90 million in cash and stock to create the industry’s first [...]
By Andy Chalk March 02, 2018 Ubi also recently picked up mobile adventure developer 1492 Studio. We recently ruminated on some of the game studios Microsoft might be interested in buying to strengthen its first-party game output. But right now it's Ubisoft (which was on our hypothetical Microsoft shopping list) that's actually making the moves. [...]
Sarah Perez@sarahintampa / Mar 21, 2018 Pandora announced this morning it’s acquiring digital audio ad technology firm AdsWizz for $145 million, as a combination of at least 50 percent cash, with the remaining paid in either cash or stock at Pandora’s discretion. The company, whose technology will be used to upgrade Pandora’s own ad tech [...]
The Choir College will remain in Princeton 02/21/2018 Rider University’s Board of Trustees announced today it has signed a non-binding term sheet with Beijing Kaiwen Education Technology Co., Ltd, a Chinese firm that owns the Kaiwen Academies, two prominent K-12 international schools in Beijing, for the transfer of ownership of Westminster Choir College, Westminster Conservatory [...]
Shiwen Yap February 24, 2017 Celebrity Fitness and Kuala Lumpur-headquartered Fitness First Asia have merged in a move that will create one of the largest fitness club networks in Asia. Financial terms of this merger were undisclosed, according to their announcement on Thursday. The merger will see Oaktree Capital Management and Navis Capital owning an [...]
Baidu is furthering its push into artificial intelligence after it announced the acquisition of Raven Tech, a Chinese startup that developed an AI voice assistant platform. Baidu confirmed it has bought the startup’s tech, product and staff of 60. The deal comes a month after Baidu hired noted AI expert Qi Lu, formerly with Microsoft, [...]
Mobile advertising company Smaato is set to become the latest technology startup to be acquired by Chinese investors, after the San Francisco firm announced that Beijing-based Spearhead Integrated Marketing Communication Group, an offline marketing organization, has agreed to buy it for $148 million. Founded in 2005, Smaato is a real-time advertising exchange for mobile sites and app developers. It [...]
