M&A Risks: Buyers Beware
The pressure to grow sales and profits is translating into a need for speed. But acquirers play a risky game if they cut corners on due diligence.
The CFO as Lead Performer
Finance chiefs aim to break out of their traditional roles to boost enterprise performance, steer technology management, and refine talent development.
McDonald’s Buys AI Company to Automate Drive-Thru Ordering
Apprente’s voice-based technology should help speed and simplify the fast-food chain’s order taking.
Prudential to Buy Insurance Tech Startup for $2.35B
The insurance giant said Assurance IQ will help it target difficult-to-reach markets.
Nike Buys Predictive Demand Company Celect
The deal is part of the company’s push to emphasize direct-to-consumer sales.
Facebook Hit with Record $5B Fine Over Privacy Breaches
The Federal Trade Commission’s settlement resolves its investigation into how the company lost control over user data.
Ebix Agrees to Buy Yatra
The Atlanta-based software company is planning an IPO for its Indian subsidiary.
Amazon to Spend $700 Million to Upskill Employees
The retail and tech giant will expand its training programs to help employees move into more advanced roles.
Cisco to Buy Acacia Communications in $2.6B Deal
The acquisition will enhance Cisco’s portfolio of optical systems.
Health Care Software Maker Phreesia Files for $125 Million IPO
The company, which provides a patient-intake software platform for health care providers, has processed $1.4 billion in patient payments.
Blockchain Company Ripple Invests in MoneyGram
Ripple will become MoneyGram’s main partner for cross-border transactions after purchasing $30 million worth of newly created MoneyGram shares.