USA > JAPAN based Otsuka Pharmaceutical is set to acquire USA based Visterra for approximately $430 million

otsuka logo In an all cash transaction, Japan based Otsuka Pharmaceutical is set to acquire USA based Visterra Inc. for approximately $430 million. The transaction has been approved by boards of directors of both companies and the deal is subject to customary closing conditions, including expiration or termination of the waiting period under U.S. antitrust laws and is expected to close in More …

USA > UK based Third Bridge expands in the USA with second office

third bridge logo A leading research firm that primarily serves investment companies, Third Bridge is expanding in the US with opening of an office in Los Angeles. Third Bridge established its North American headquarters in New York City in 2010 and since the US team has grown to over 200 employees. The expansion of the second office in Los Angeles was as a More …

USA > Indonesia based MDI Ventures is set to invest $2 million in USA based logistics technology firm Roambee Corporation

MDI Venture logo Telkom Indonesia’s corporate venture capital firm, MDI Ventures is set to invest $2 million in US based logistics technology firm Roambee Corporation. With the latest investment Roambee aims to expand its supply chain asset- tracking technology to Southeast Asia. The recent investment totals Roambee’s funding to nearly $10 million till date following a $3.1 million investment from German telecommunication company More …

USA > Germany based Volkswagen is set to invest $100 million in USA based battery technology company QuantumScape

VW logo With the objective of commercialization of innovative solid- state battery technology, Germany based Volkswagen and U.S based QuantumScape partner with Volkswagen investing $100 million in QuantumScape. Volkswagen is also the largest automotive shareholder in QuantumScape and Volkswagen Group will take a seat in board of directors in QuantumScape. According to Dr. Axel Heinrich, Head of VW Group Research, who will More …

USA > India based Tata Consultancy Services is set to hire 430 new employees to St. Petersburg, Florida

Tata Consultancy Services More than 430 new employees have been welcomed in St. Petersburg, Florida, as part of its groundbreaking agreement with Transamerica to transform the administration of its U.S. insurance and annuity business lines from Tata Consultancy Services. Occupying several floors of Transamerica’s building at 570 Carillon Parkway in St. Petersburg, Tata Consultancy Services have a  multi-year agreement with Transamerica to rapidly enhance More …

USA > Germany based Siemens is set to acquire USA based leading software framework provider J2 Innovations

Siemens logo1 A leading software framework provider for building automation and IoT, J2 Innovations is to be acquired by Germany based Siemens. The California based J2 Innovations will continue to act as an independent legal entity and wholly owned subsidiary of Siemens after the acquisition.  J2 Innovations has been a successful player in the Internet of things (IoT) software business and for More …

USA > Denmark based Bakkafrost acquires USA based North Landing Ltd

Bakkafrost logo Denmark based Bakkafrost is set to acquire all the outstanding shares of North Landing Ltd. North Landing is the Salmon importer of Bakkafrost and the deal is expected to be closed at the end of May 2018. To better serve its customers, Bakkafrost aims on establishing a base of operation in the US. Over the last decade Bakkafrost has increased More …

USA > UK based Eli Lilly is set to acquire USA based ARMO BioSciences for $1.6 billion

Eli Lilly logo For $50 per share or approximate value of $1.6 billion, UK based Eli Lilly is all set to acquire USA based ARMO BioSciences. ARMO BioSciences is a company that is working on a late stage immune oncology that is developing a pipeline of novel, proprietary product candidates that is designed to activate the immune system of cancer patients to recognize More …