Last September, reports surfaced that Apple was making a push to make its smart devices smarter and to do so was planning on going on a hiring spree in hopes to stay competitive with Google. Now, Apple is putting even more of an investment into the artificial...
In a time where physical retail is said to be suffering under the crushing wave of online purchases, there are still deals being made in the real world to bring new and exciting brick-and-mortar retail experiences to customers, and several investment groups just signed on...
Any investor worth his or her salt knows that diversifying portfolios is the only sure-fire way to avoid financial catastrophe, but it’s not often that hunting and outdoor lifestyle suppliers are tapped as worthwhile investments for private equity firms. That’s just what investment group KKR...
On the whole, the automotive services industry isn’t usually exciting enough to grab headlines, but one of the largest companies in the space has been the subject of a bidding war over the past several weeks — a bidding war that just declared a victor....
In an effort to expand its fraud and identity management offerings, global credit and information management solutions provider TransUnion closed on the $44 million acquisition of Trustev. Ireland-based Trustev supports digital verification technology across numerous industries, and its online risk analytics will be leveraged by...
Angie’s List will be keeping its home services business in house. The on-demand home services company announced yesterday (Nov. 17) that its board of directors has unanimously voted to reject a proposal from IAC/InterActiveCorp to acquire it for $512 million. Scott Durchslag, Angie’s List president...
Earlier this week, European furniture titan Home24 acquired competitor Fashion For Home in a reportedly all-stock deal. This acquisition removes another obstacle in Home24’s march toward home decor dominance in the European market. Founded by Rocket Internet, Home24 offers designer furniture at reduced prices by...
On-demand delivery company Postmates announced late last week that it acquired the team behind Sosh, a service that helps people find and book activities and events in their city. Postmates will not take on any of Sosh’s technology through the deal but will bring 18...
Ready. Set. Shop. That is the major takeaway from the roundup of retail headlines now that the spooky (Halloween) season is officially over. Where consumers are going to shop, how they are going to shop and, most importantly, how much they’re going to spend is...