Fitness for the Future: Google acquires wearable device company Fitbit in $2.1bn deal

Alphabet Inc. [GOOGL:NASDAQ] – Market Cap as of 09/11/2019 USD 903.46bn Fitbit Inc. [FIT:NYSE] – Market Cap as of 09/11/2019 USD 1.83bn Introduction On the 28th of October 2019 initial reports suggested the interest of the tech giant Alphabet, the parent company behind Google, in acquiring Fitbit, a wearable device company. Finally, on the 1st […]

Gone with the wind: Orsted sells domestic utility unit in $3.2bn deal to SEAS-NVE

Oersted A/S [CPH:ORSTED] – Market Cap as of 06/10/2019 DKK 264.25bn (USD 38.85bn) Intro On September 18th 2019 Orsted, the largest energy company in Denmark, signed an agreement to sell its domestic utility business to SEAS-NVE, a customer owned Danish energy company. Orsted has announced its divestment plan over a year ago, as an attempt […]

Disruptive Trends in Tech M&A: The Cases of Microsoft and Snapchat

Introduction Over the past years, the technology industry experienced an overwhelming volume of M&A activity. The following article aims at outlining the motivations behind this phenomenon and at identifying numerous disrupting factors. Microsoft’s acquisition of the professional social network LinkedIn, as well as Snapchat’s rebranding strategy and potential IPO in 2017 will serve as examples […]