“Xs” and “Os”: SAP acquires Qualtrics for $8bn

SAP SE (FWB: SAP) – market cap as of 23/11/2018: €109.7bn ($124.5bn) Introduction On November 10th, 2018, enterprise software giant SAP announced that it would acquire Qualtrics, one of cloud computing’s rising ‘unicorns’, for $8bn in cash. The announcement was made shortly before the much anticipated Qualtrics IPO, which had been under preparation for months. […]

Tech Behind the Wheel: Samsung to Acquire Harman for $8bn

Samsung Electronics Co Ltd (005930:KSE) – market cap as of 18/11/2016: $188.98bn (KRW223.117tn) Harman International Industries Inc. (HAR:NYSE) – market cap as of 18/11/2016: $ 7.622bn Introduction On November 14, Samsung Electronics Co. announced the acquisition of Harman International Industries Inc. for a total equity value of approximately $8bn, and a value per share of […]

Nokia is “Connecting People” again with the Withings Acquisition

Nokia Corp.; market cap as of 29/04/16: €29.746bn Introduction On April 26, Finland-based Nokia announced plans to acquire France-headquartered healthcare wearables devices manufacturer Withings S.A. in a €170m cash deal. The transaction comes as Nokia seeks to make a consumer-focused comeback, prompted by slowing sales in its network equipment business. Also, the move displays a […]