Archive for the 'Acquisitions' Category

Hertz Acquired Remaining Stake in Navigation Solutions

Hertz Global Holdings announced that it has acquired, from Thales Navigation, the remaining 35% stake in Navigation Solutions, the operational arm of Hertz’s award winning NeverLost customized, in car GPS system. Navigation Solutions will become a wholly-owned subsidiary of The Hertz Corporation. “NeverLost‘s GPS-based technology and customized travel content package has been an instrumental element [...]

Akamai to Acquire Cotendo

Akamai Technologies (NASDAQ: AKAM) and Cotendo announced that the two companies have signed a definitive agreement for Akamai to acquire Cotendo. Helping to mitigate the challenges of operating in a hyperconnected world, Akamai provides a secure platform over which businesses can engage users across the Web, mobile, cloud, or a mix of public and private [...]

UPS to Acquire Italian Pharma Logistics Company Pieffe

UPS announced an agreement to purchase Italy-based Pieffe Group (Pieffe Depositi; Pieffe Nord). This acquisition supports UPS’s ongoing global healthcare strategy, which has seen the company make investments to better serve its growing customer base in the pharmaceutical, biotech and medical device industries. The announcement follows the opening of five new dedicated facilities this year [...]

Electronic Arts Acquires KlickNation

Electronic Arts Inc. (NASDAQ: ERTS) announced the acquisition of KlickNation, a developer of free-to-play social role-playing games (RPGs). The acquisition further strengthens EA’s position as a leader in social games, increasing the company’s expertise and technological resources in the fast-growing core social games genre. KlickNation is now BioWare Sacramento, part of EA’s BioWare label. The [...]