Industry Insights

HealthSouth Acquires EHHI Holdings Inc to Expand into Home-Health Market

HealthSouth Corp, the hospital operator acquired EHHI Holdings Inc, which is a privately held company. This is the latest deal in an industry which looks poised to grow as the United States population ages. EHHI Holdings owns Encompass Home Health and Hospice – a provider of home-health services. In afternoon trading on Monday, HealthSouth’s shares were up 3.8 percent at $39.72, and it added ...

Koch Industries acquires Oplink Communications

Koch Industries Inc. announced that they will buy Oplink Communications Inc., a leader in optical components in an all-cash transaction for about $445 million. Under the terms of the agreement, which has been approved by Board of Directors of both the companies Oplink holders will receive $24.25 a share, a 14% premium to Tuesday’s closing price. Shares surged premarket to match the bid and they were ...

Dow Chemical’s Shares in Kuwait to be handed out as Initial Public Offering

Kuwait is considering offering to the public the Kuwaiti joint ventures’ shares which Dow Chemical Co, the U.S. petrochemicals giant plans to sell off. Dow Chemical announced that as part of a $7-$8.5 billion divestiture plan, it would reduce its equity positions in all of its Kuwaiti ventures, in order to free capital for other strategic purposes. In Kuwait, DOW Chemical’s investments include ...

Digital Solutions Provider Odecee acquired by Cognizant

Cognizant has announced the acquisition of a leading provider of digital solutions to enterprises in the New Zealand and Australia region, Odecee. The financial terms of the transaction were not revealed. Odecee which was founded in 2007 delivers leading-edge enterprise cloud solutions, mobility and web to high-profile clients in the communications, financial services, logistics, insurance and healthcare ...

Aortic Stent Graft Market Driven by Technological Advancement

With increase in the incidences of coronary diseases caused by the buildup of plague, the demand for aortic stents grafts has also increased. An aortic stent graft is a tubular device which is composed of special fabric supported by a rigid structure which is used for treating a weak spot in an artery called aneurysm. Typically aortic stent graft is used for treating abdominal aortic aneurysm, but ...

LG Partners with Google in a 10-year Global Patent License Agreement

LG has announced that it has partnered a 10-year global patent agreement with Google. LG said that the arrangement enables cross-licensing of all existing patents between both the companies, as well as new additions filed over the next decade. LG Corporation is a South Korean multinational conglomerate corporation which manufacturers telecom products, electronics and chemicals. It operates subsidiaries ...

Technology Service Company Systems Made Simple to be acquired by Lockheed Martin

Systems Made Simple, a provider of health information solutions to the U.S. government is being brought by Lockheed Martin Corp. Lockheed Martin Corp, which operates a major facility in Salina, announced that it has entered into a definitive agreement to buy Salina-based Systems Made Simple. Systems Made Simple, will report through Lockheed’s Information Systems & Global Solutions business ...

AbbVie Takes Over Hepatitis C Drug Development from Enanta Pharmaceuticals

Enanta Pharmaceuticals said that it will leave the development of two of their drugs targeting the hepatitis C virus in the hands of partner AbbVie, and will be collecting royalties on net sales. Following the announcement, shares of Enanta Pharmaceuticals have dropped. This morning, after reaching a high of $48 per share, the stock has settled about $43 per share, the lowest it’s been since ...

$17.6 Million Raised by Social Marketing Site Thismoment in Series D Funding

Thismoment, which is a company that helps businesses collect user-generated content for their own marketing efforts has announced that it has raised $17.6 million in Series D funding. In 2008, Thismoment was founded and in the summer of 2009 it had launched its digital storytelling platform. Thismoment says it can automatically gather content (usually videos and photos) from across social platforms ...

$1.5 Million Raised by Mobile Data Startup mParticle in Seed Funding

Mobile data startup mParticle has raised $1.5 million in an additional round of seed funding. According to mParticle, the startup had previously raised $4.5 million and it is working to become the data integration platform for mobile developers. With the help of mParticle, app developers can integrate with the app, instead of installing a number of different software development kits to collect data. The ...

Chinese Firm Anbang Insurance Group to purchase Waldorf-Astoria New York

Hilton Worldwide said that it will sell the storied Waldorf-Astoria New York to the Anbang Insurance Group, which is based in Beijing for $1.95 billion. However, the U.S.-based hotel chain will continue to run the legendary property for another 100 years. Hilton Worldwide’s president and CEO, Christopher Nassetta said in a statement that they are very excited to be entering into this long-term relationship ...

Luxury Footwear Brand Jimmy Choo Plans to Pursue an IPO in London

Jimmy Choo, the luxury shoe company, has planned to pursue an IPO in London by the end of this year. Jimmy Choo is expected to sell at least a 25 percent stake of Jimmy Choo Limited, its new holding company in IPO, which could value the company at around $1.1 billion or 700 million pounds. The listing is expected in October. Jimmy Choo would become the first publicly traded, stand-alone luxury footwear ...

Japanese Finance Company J Trust to Acquire Bank Mutiara

J Trust Co Ltd, the Japanese finance company is set to acquire Indonesia’s PT Bank Mutiara Tbk, to tap into the rising demand for retail finance in Southeast Asia’s largest economy. In 2008, during the global financial crisis, Bank Mutiara which was previously known as Bank Century, was bailed out by the Indonesian government and has been run by Lembaga Penjamin Simpanan (LPS) or the Indonesian ...

Digital Magazine Flipboard Acquires Ultravisual

Flipboard which is an app that allows users to make a personal magazine by compiling users favorite online social feeds, publications and blogs, has acquired Ultravisual, the visual storytelling startup to bolster its content-curation functionality. Financial terms of the deal were not disclosed. Seven members of the Ultravisual team, including Neil Voss, its founder will join Flipboard. According ...

Private Equity Firm Thoma Bravo to Acquire Software Company Compuware

Compuware, the software maker has agreed to sell itself to Thoma Bravo, the private equity firm for around $2.5 billion. Compuware had been under immense pressure from activist hedge fund Elliot Management as well as investors over its poor performance. This agreement ends a process which had began in 2012 which was started when the activist hedge fund took a stake in Compuware and had made an offer ...

Berlin Packaging to be purchased by Oak Hill Capital Partners

A leading private equity firm, Oak Hill Capital Partners announced that it has reached a deal to buy Berlin Packaging LLC from Investcorp, a leading supplier of rigid packaging services and products in North America, for $1.43 billion. Oak Hill is investing in partnership with Berlin Packaging’s current management team which is led by CEO and Chairman Andrew Berlin. Berlin Packaging is a Chicago-based ...

Services Marketplace Thumbtack Raises $100 Million

Thumbtack which is a company that connects customers with local service providers and businesses is expected to announce a new $100 million financing round, led by an investment arm of Google. It was just a few months ago that the online marketplace for hiring workers for particular tasks raised $30 million in Series C financing. The back-to-back rounds underscore the strong demand among investors ...

General Electric Considers Offloading its Household Appliances Unit

General Electric Co is in talks with Quirky Inc and Electrolux AB to offload its household appliances business. Sale of the appliances unit may fetch around $2 billion. The unit sells home appliances under the GE Monogram, Hotpoint and GE Café brands. The U.S. conglomerate decided to try offloading its home appliances unit as Jeffrey Immelt, the Chief Executive Officer of GE focuses on industrial ...

Treasury Wine Estates Receives a Second Takeover Bid

Treasury Wine Estates which is the owner of Penfold’s Beringer Vineyards and other popular wines, said that it had received a bid competing with the $3.2 billion buyout offer it received last week from Kohlberg Kravis Roberts. Treasury Wine did not identify the new bidder which matched Kohlberg Kravis Roberts’s offer. However according to sources the rival suitor is TPG, which is another leading ...

Flipkart Raises $1 Billion in Funding

Flipkart confirmed on Tuesday that it has raised $1 billion in its latest round of fund-raising, making it by far the largest venture investment ever received by an Indian Internet company. The amount that was raised globally would rank second only to Uber’s recent $1.2 billion funding. Flipkart is an online marketplace that offers over 70 categories of services and goods, from books and cosmetics ...

Gyms Owned by Millennium Partners acquired by Equinox Fitness

Equinox Fitness said that had brought Sports Club/LA gyms in New York and four other cities. The luxury fitness company also purchased the Reebok Sports Club/NY gym on the Upper West Side of Manhattan. All the gyms will now bear the Equinox brand and also feature the company’s classes and products. Millennium Partners has already sold half of its clubs to Equinox three years ago. Equinox’s $110 ...

Acquisition of B2B Marketing Firm Bizo by LinkedIn

LinkedIn, which is a professional networking site, made its second acquisition by agreeing to buy Bizo, the B2B marketing firm for around $175 million. Last week LinkedIn has over 300 million users acquired start-up, Newsle which combs the web for relevant articles, for an undisclosed amount of money. Bizo lets business-to-business marketers source and track new leads. Founded in 2008, Bizo has developed ...

Acquisition of Rockwood Holdings by Chemical Maker Albemarle Corporation

Albemarle Corporation, the specialty chemical maker said that it had agreed to buy Rockwood Holdings, its rival in a stock-and-cash deal worth around $6.2 billion. This deal would combine two of the world’s largest specialty chemical companies, producing four main types of chemicals: surface treatment, bromine, lithium and catalysts chemicals. Chief executive officer and president of Albemarle Corporation, ...

Acquisition of PizzaExpress by Chinese Hony Capital for £900 Million

A Chinese firm, Hony Capital has acquired PizzaExpress for £900million. Hony Capital plans to roll out the British restaurant chain in China which is the world’s most populous country. The Chinese firm won an auction process ahead of another Chinese investment group, Citic and four other private equity firms in what is the biggest European restaurant sector deal in the last five years. Two months ...

Online Storage Startup Box gets $150 Million in Financing

The online storage provider, Box, which is on its way to going public, has raised $150 million from two investment firms as it waits for a suitable time to hold an IPO. The web storage startup has raised the financing from hedge fund Coatue Management and private equity firm TPG Growth. Chief executive and co-founder of Box, Aaron Levie said that their mission is to help organizations be more competitive, ...

Nice Systems and SAC Wireless acquired by Nokia Networks

Nokia, the Finnish telecommunications gear maker said that it would purchase SAC Wireless, a U.S.-based wireless network deployment firm. Nokia also acquired a 3D geolocation tech from Nice Systems, a surveillance and security company headquartered in Israel. Nokia added that the acquisition SAC Wireless would help them to win market share in network implementation. Nice provides analytics-based security ...

Tencent Holdings to Invest $736 Million for 20% Stake in Classified Ad Site 58.com

For $736 million, Chinese Internet giant Tencent Holdings Ltd has agreed to acquire about 20 percent of 58.com Inc. This is the latest in a string of deals by Tencent Holdings which is China’s biggest listed tech firm. The Chinese Internet giant’s investment comes just a few weeks after Alibaba Group Holding Ltd, its rival, announced a deal to turn mobile-browser company UCWeb into a wholly-owned ...

In a Deal worth $5.7 Billion Wisconsin Energy Corporation to Acquire Integrys Energy Group

For about $5.7 billion in cash and share, the Wisconsin Energy Corporation has agreed to acquire the Integrys Energy Group. According to the terms of the contract, for each Integrys share, shareholders will get $18.58 in cash and 1.128 of Wisconsin Energy shares. As of Friday’s prices, that values the purchase at $71.47 per share, which is about 17 percent higher than the last closing price for Integrys. In ...

To Boost Solar Panel Business SolarCity to Acquire Silevo

SolarCity, which is one of US’s largest installer of rooftop solar systems, is going to acquire Silveo, a solar panel maker. Chairman of SolarCity, Musk wants to handle all aspects of the solar supply chain, from design and manufacturing to installation and sales. Musk said that if they didn’t do this they felt as if there was a risk of not being able to have the solar panels they need to expand ...

Alibaba Enters U.S. Market with Launch of Shopping Website 11 Main

Alibaba Group Holdings Ltd, the Chinese e-commerce giant, has launched its first online shopping space in the US with a relatively small site known as 11 Main. 11 Main is an Internet shopping marketplace that focuses on small business retailers. Until now, Alibaba had no e-commerce presence in the US. Senior vice president of Cuttone & Company, Keith Bliss said that since Alibaba is so much bigger ...

To boost its Presence in US Man Group Considers Acquiring Pine Grove Asset Management

Man Group, the British hedge fund manager said that it has agreed to purchase, Pine Grove Asset Management which is based in United States. This deal is expected to boost Man Group’s fund of hedge funds business FRM through new product offerings as well as enhance the firm’s presence in the United States. An employee-owned fund, Pine Grove, has about $1 billion in assets under management. Pine ...

Acquisition of PetroLogistics for $2.1 Billion by Koch Subsidiary

Koch Industries’ subsidiary Flint Hills Resources will acquire maker of propylene, PetroLogistics for $2.1 billion in cash. Produced from propane, propylene, serves as a building block in the manufacture of plastic and chemical products which includes coatings, auto parts, paints, apparel, and other products. PetroLogistics’s propane dehydrogenation plant produces 1.45 billion pounds of propylene ...

E-Commerce Fashion Store to be launched by Mondadori Group

The Mondadori Group, owner of Grazia magazine is all set to launch an e-commerce fashion store under the Grazia name after it acquired London-Boutiques.com, a popular fashion site. The acquisition of London-Boutiques.com, the London-based marketplace which offers accessories and clothing from boutiques in the city, marks the Mondadori Group’s first foray into the fashion retail sector. According ...

China to Benefit from New Zealand’s Big Ticket Export Plans

New Zealand’s Finance Minister Bill English announced that the government of New Zealand will be stepping up its trade representation in South America, China and the Middle East to help companies take advantage of growing regional economies. English while announcing the annual budget said that government-owned New Zealand Enterprise and Trade agency would receive 59.78 million U.S. dollars (69 million ...

Private Equity Firm TPG Capital Considers Selling RentPath

One of the largest private equity investment firms in the world, TPG Capital LP is exploring a sale of RentPath Inc. This deal would value RentPath, which is well-known for its Apartment Guide and Rent.com websites, at more than $1.5 billion. TPG is looking to sell RentPath in the midst of decreasing vacancy rates and mounting rents in many cities in the United States. According to a study by real ...

Prospect of the Global Smart Card Market

The global smart card market has been growing at a steady pace in the last couple of years. In 2011, the global smart card was worth $4.5 billion. The market is expected to grow at a compound annual growth rate of 7.7% and reach $7.9 billion by 2018. Contributing to just over 50% of the revenue, telecommunication sector is the largest revenue generator for the smart card market on account of technology ...

In a Bid for Expansion Exelon Acquires Utility Company Pepco Holdings

For more than $5.4 billion in cash, Exelon Corp, a nuclear power company has agreed to acquire utility company Pepco Holdings Inc. Pepco which has a market capitalization of around $5.71 billion operates utilities in Maryland, New Jersey and Delaware and serves around 2 million customers. According to sources, in the past year U.S. power utilities have announced $14.9 billion of acquisitions as they ...

Acquisition of Chindex International by Private Equity Firm TPG and Fosun Pharmaceutical Group

Chindex International, a US health care company, that does business in China has agreed to be acquired for $461 million by a group of investors, after the investors raised their bid in the face of a rival offer. Chindex International said that it had agreed to the revised offer of $24 a share in cash. The buyers include a subsidiary of the Shanghai Fosun Pharmaceutical Group and TPG, a private equity ...

Global Movies and Film Market to Witness Steady Growth

The movies and film industry is highly competitive, with various players from major studios and independent production companies as well as national exhibition chains, distributors and art houses being a part of the industry. In 2012, the global box office for all films released in every country around the world reached $34.7 billion. The industry saw a growth of 6% over 2011’s total revenue. The ...

Britain’s House of Fraser Sells Majority Stake to Chinese Conglomerate Sanpower Group

Sanpower Group, a Chinese conglomerate has purchased an 89 per cent stake in the parent company to House of Fraser known as Highland Group Holdings for £480million. This buyout has been executed through its subsidiary company, Nanjing Xinjiekouwhich, a luxury department store chain. The deal is expected to be finalized within the next four months, subject to Chinese regulatory clearances. Don McCarthy, ...

Future of the US Automotive Industry

Since 2010, the US automotive industry has been the second largest in the world. Despite fears of slowdown in the US, automakers are optimistic about the global auto sales in 2014. US automotive industry generates big profits, and sales of automobiles in the US has surged 50% since the recession. In 2013, the sales were strong as every automaker reported improved sales. In 2013, the US automotive sales ...

Prospect of the Global Photographic Camera Market

The global photographic products market generated sales of more than $55 billion in 2010. With sales of around $35 billion, cameras have been leading the market. Cameras account for more than 60% of the overall market. The global photographic products market is expected to be worth over $65 billion by 2015, with an accelerated annual growth rate of more than 3%. Digital photography continues to invade ...

Panasonic and TowerJazz Announces Joint Venture

TowerJazz, an Israeli chipmaker announced that it has closed a deal to starts its joint venture with Panasonic Corporation. TowerJazz expects that the joint venture will increase its revenue by $400 million a year. TowerJazz which is a maker of chips for AC/DC adapters, battery chargers and smartphones holds 51 percent of the joint venture and the company will manufacture Panasonic’s semiconductors ...

Future of the Global Battery Materials Market

Dry cells are an essential part in our daily lives and in recent years, their application has broadened to encompass a variety of portable electronic devices. Major development has contributed to the increase in battery demand as well as improvement in battery performance. In 2012, the global battery materials market was worth $5.1 billion. By 2018 the market is estimated to reach a value of $11.3 ...

Prospect of the Global Security Services Market

As security is one of the top IT concern areas, strong and continuous growth in the market is assured.  In 2012, the worldwide security technology and services market was worth $61.8 billion. The market for security technology and services is expected to reach $86 billion by 2016. The security services industry refers to the managed, electronic and outsourced personnel security solutions. The global ...

Development of the Commercial Real Estate Market

Real estate values continued to appreciate across all property types and geographies during 2013 despite the uneven global economic recovery. Even with rising interest rates, investors demand for commercial property remains high. According to the National Association of Realtors, the commercial real estate markets in US continued to improve but at a slow pace. Companies in the US remain hesitant to ...

Naspers Invests $75 Million in E-commerce site Souq.com

Dubai-base E-commerce site Souq.com has raised $75 million in funding from Naspers, the South African media giant. This is another milestone for e-commerce in a region which is traditionally reluctant to transacting online. This deal values the e-commerce company at more than $500 million, according to Ronaldo Mouchawar, Souq’s chief executive and Naspers financial statements. According to investors ...

Acquisition of Maker Studios by Disney for $500 Million

For $500 million, the Walt Disney Co has agreed to purchase one of YouTube’s largest networks, Maker Studios. This deal will make Disney a major online video distributor and it would also help draw more teens into the Disney entertainment empire. Disney said that if Maker Studios hits certain performance milestones the deal amount could rise to $950 million. Maker Studios which was founded in ...

Remote Patient Monitoring Technology Driving the Patient Monitoring Devices Market

The global market for patient monitoring devices has witnessed increase in growth with rise in the number of people suffering from chronic diseases. In 2011, the global patient monitoring devices market was valued at 14.2 billion USD. By 2016, the market is expected to reach a value of 18.9 billion USD, growing at a compound annual growth rate of 5.9 percent from 2011 to 2016. Some of the factors that ...

Anti Aging Sector Driving the Global Skin Care Market

In the global beauty industry, skin care market accounts for the largest and most lucrative share. Rise in disposable income, growing economic affluence of consumers and greater awareness about beauty products are some of the factors which are fuelling the growth in the industry. The market for premium and high-end skin care products is expanding as demand for such products are on the rise. Asia-Pacific ...

Platinum Group Metals Market Driven by Demand in the Automobile Sector

Increased use of platinum group metals in the automotive industry is driving the market for platinum group metals. Platinum group metals also known as platinoids or platinum family is a group of six metallic elements that lie on the d-block of the periodic table. The platinum group metals are palladium, rhodium, platinum, iridium, ruthenium, and osmium. The global market for platinum group metals is ...

Digital Pathology Market Driven by Technological Advancement

The market for digital pathology has been growing at a steady rate in recent years owing to technological advancement. Digital pathology allows the management of information generated from digital slides enabled by computer technology so that information can be viewed, analyzed and managed. In 2012, the global market for digital pathology was valued at 191 million USD. By 2017, the market is expected ...

Waldorf Astoria to Launch its First Hotel in Indonesia

Hilton Worldwide has unveiled plans to launch its first Waldorf Astoria brand in Bali, Indonesia by signing a new management agreement with PT. Bali Ragawisata. The new Waldorf Astoria Bali will be located in the picturesque Bukit Pandawa area in the south of Bali. The 96-villa Waldorf Astoria Bali will be the first Waldorf Astoria hotel in Indonesia when it opens in 2017. Waldorf Astoria Bali is the ...

Weak Sales in Key Markets leads to Revenue Drop for British Fashion Retailer French Connection

French Connection Group, the popular British fashion retailer has reported another drop in annual revenue because of declining demand for the company’s clothes and accessories in Europe and the UK. Weak sales have been plaguing the company for years and it is trying to turn around its business. The company is well-known for its FCUK brand of accessories and clothes. French Connection Group operates ...

Global Biofertilizers Market Driven by Increase in Organic Farming Practices

The market for biofertilizers has been growing steadily owing to its increased demand in agriculture. Biofertilizers are eco-friendly and they reduce the need for chemical fertilizers and pesticides. For soil and seed treatment, various types of biofertilizers are used. Besides improving the quality of soil and enhancing its sustainability, biofertilizers aid in increasing crop yield and fulfilling ...

Impact of Department Stores on the Retail Market

Many retailers are facing problems due to global recession but there has been an opportunity to seek growth in foreign countries with stronger economies. Departmental stores are usually part of a retail chain of a number of stores. Departmental stores can be independent retailers or licensed dealers. Due to the economic downturn, consumers spending pattern has changed. Change in consumers’ spending ...

Global Greenhouse Horticulture Market Increasing Steadily

The global market for greenhouse horticulture has been witnessing rapid growth in recent years due to increase in research and development in this sector. According to analysts, the global greenhouse horticulture market is forecasted to grow at a compound annual growth rate of 10.1 percent from 2012 to 2016. The greenhouse horticulture market is one of the fastest-growing markets in the agriculture ...

Future of the Global Sports Medicine Devices Market

In the last decade, the global market for sports medicine devices has grown steadily to become one of the most flourishing sectors in the healthcare industry. With the rise in therapeutic devices and medical diagnostics, the market has blossomed. Increase in the number of sports-related injuries and development in the field of minimally invasive surgical techniques are contributing to the growth in ...

Asia-Pacific Dominates the Global Dyes and Pigments Market

The global market for dyes and pigments has witnessed steady growth in the last couple of years thanks to increase in growth in end-user industries. Dyes and pigments are used in a number of industries ranging from textiles and leather to paper, plastics and construction. The market for dyes and pigments is estimated to grow at a compound annual growth rate of 3.6 percent from 2013 to 2018. By 2018, ...

Texas-based National Pump to be acquired by United Rentals

The largest equipment rental company in the world, United Rentals Inc. has agreed to purchase National Pump Co., for $780 million. National Pump Co. is the second-largest specialty pump rental company in North America. The pump rental sector in United States is benefitting from increased demand from petrochemical and energy companies who are bow tapping into the shale gas boom. The deal between United ...

Global Medical Bionic Implants Market Driven by Technological Advancement

In the last decade, there has been tremendous technological advancement in the field of bionic implants. This has in turn led to the steady growth in the global market for bionic implants. Bionic implant mimics or replicates the original functioning of an organ or body part. The market for bionic implants is a growing one that has tremendous growth potential. In 2012, the bionic implants market was ...

Social Media Visualization Startup Vizify Acquired by Yahoo

Yahoo has acquired Portland-based startup and web customization tool Vizify. As part of the acquisition, Vizify will shut down its services and will no longer be accepting new signups or purchases of paid plans. Although the terms of the deal were not disclosed, Vizify said that it is very excited to bring about a more visual approach to data at Yahoo. Vizify was founded in 2011 by Jeff Cutler-Stamm, ...

Increase in Demand for Natural Flavors in the Global Food Flavors Industry

The market for food flavors has witnessed steady growth in the last couple of years with increase in demand for natural food flavors. Different types of flavors are used in the food and beverage industry to enhance the taste of a variety of food products. Flavors are used extensively in processed food to enhance and improve its taste. The market for food flavors is growing steadily and according to ...

Bright Future Predicted for the Global Eyewear Market

The global market for eyewear has been increasing steadily in the last couple of years with increase in demand for contact lenses and spectacles. Increase in aging population and prevalence of eye disorders are the two main factors that are fueling the growth of the global eyewear market. Colored contact lenses that come in a wide variety of shades are considered to be style statement. Increased acceptance ...

Global Sleep Apnea Devices Market Poised to Grow in the Future

The demand for sleep apnea devices has increased in recent years, particularly in developed regions. Increased awareness about sleep apnea devices both among doctors and healthcare practitioners as well as general public is fueling the growth in the market. Change in lifestyle and increase in stress in modern life is contributing to the increased prevalence of sleep apnea among people. This is in turn ...

Global Micronutrient Market to Witness Steady Growth

With growth in the agricultural sector, the global market for micronutrient is expected to witness significant increase. In the last couple of years, there has been a deficiency in micronutrients due to extensive irrigation and intensive cropping pattern. Deficiency of micronutrients in soil adversely affects growth of plants and ultimately crop quality and yield. To make up for micronutrient deficiencies, ...

Future of the Advanced Energy Storage System Market

An energy storage system is a device that is capable of storing electricity when the demand is low and supplies stored electricity when the demand is high. With rapid demand for electricity in the world, the need for advanced storage system is also going to increase. By 2035, the demand for electricity is expected to grow to 32,000 TWh, representing a 70 percent increase from 2012. The rise in demand ...

Demand for Pre-harvest Equipment Continues to Increase

Mechanization of the agriculture has played an important role in revolutionizing the agriculture sector, increasing yield and overall production of crops. Agricultural machinery is an essential part of agriculture. With rise in population, the need for agricultural machinery for increasing crop yield has also risen. In 2012, the market for pre-harvest equipment was 40.11 billion USD. By 2018, the market ...

Frozen Yogurt Blossoming in the Global Frozen Desserts Market

Frozen yogurt became popular during the 1980s and in 1990s they had already captured 10% of the frozen dessert market and were selling 117.6 million gallons. In 2011, the global frozen yogurt market generated revenue of $279 million which grew to $486 million in 2013. The key factor that is driving the market is new product releases spurred by the interest shown by consumers. Global ice cream market ...

Boeing Awarded Contract for P-8A Poseidon Spy Planes

The U.S. Defense Department announced that the aviation multinational giant, Boeing Company has been awarded a contract to build 16 P-8A Poseidon long-range maritime spy planes for the U.S. Navy for $2.1 billion. Boeing is the Pentagon’s No. 2 supplier. The aviation company said the contract was worth $2.4 billion in total which included funds granted earlier for materials that take longer to ...

Prospect of the Global Adsorbent Market

The market for adsorbents has witnessed steady demand in recent years, owing to its increase in use in industrial water treatment and gas and oil refining. In 2012, the market for adsorbents was valued at 2.6 billion USD. By 2018, the market is estimated to reach a value of 3.8 billion USD with a compound annual growth rate of 6.1 percent from 2013 to 2018. Some of the main factors that have contributed ...

Future of High Intensity Sweetener Market

High intensity sweetener is a class of sugar substitute which is one of the fastest growing segments in the global sugar substitute market. Sugar substitutes such as high intensity sweeteners also known as non-nutritive sweeteners have fewer calories than sugar. Due to rising health awareness of consumers, the global market for high intensity sweeteners has increased in recent years. By 2017, the market ...

Technological Advancement Driving the Robotic Surgery Market

More and more hospitals are now adopting robotic surgical procedures to assist surgeons. Robotic surgery, also known as computer-assisted surgery aids surgeons to perform minimally-invasive surgery. Robotic surgery is one of the most advanced developments in the field of medical science which has revolutionized how surgeries are performed. Increase in automation and increase incidences of chronic diseases ...

Future of the Global Thermal Imaging Market

In recent years, the thermal imaging market has witnessed steady growth owing to increase in its application. Thermal imaging, also known as infrared thermography makes it possible to observe one’s environment with or without visible illumination. With increase in temperature, the amount of radiation emitted by an object increases. Thermal imaging permits one to observe variations in temperature. ...

Global Water Soluble Fertilizer Market Driven by Ease of Application

The global market for water soluble fertilizer has been witnessing steady growth owing to its ease of application and higher efficiency. In 2012, the global water soluble fertilizer market was valued at 10.758 billion USD. By 2018, the market is estimated to reach a value of 14.709 billion USD growing with a compound annual growth rate of 5.3 percent between 2013 and 2018. Key factors that are fueling ...

Facebook to Acquire WhatsApp in a Landmark Deal

On 19th February 2014, Facebook announced a deal to acquire WhatsApp, an instant messaging service for $19 billion in cash and stock. WhatsApp was founded by Ukrainian immigrant Jan Koum and Stanford alumnus Brian Acton in 2009. Facebook would be paying for the deal with nearly 184 million shares, around 46 million in restricted stock units and $4 billion in cash, valuing the acquisition at over $19 ...

King Digital Entertainment, maker of Candy Crush Saga files for IPO

King Digital Entertainment, the company behind the game Candy Crush Saga is going public, hoping that the popularity of its hugely addictive online game will translate to lucrative returns. The creative heads behind lesser-known games such as Pet Rescue Saga and Bubble Witch Saga, the King Digital Entertainment PLC, did not reveal how many shares it expects to offer in a projected price range for the ...

Global Mattress Market Driven by Demand for Comfort

In the last couple of years, the mattress industry has evolved into a dynamic and lucrative market. High quality and innovation are driving the growth in the market. Now, more than ever, customers have a wider array of choices when it comes to selecting a mattress to suit their price range and requirements. Due to the global economic recession of 2008 and 2009, the global mattress market witnessed ...

Starr Investment Holdings and Partners to Acquire MultiPlan

Starr Investment Holdings LLC owned by former CEO and chairman of American International Group (AIG) Maurice Greenberg said on Monday that it had agreed to take over health insurance claims processor MultiPlan Inc. This is to date the biggest private equity investment by Starr Investment Holdings. Although the terms of the deal have not yet been disclosed, according to a person familiar with the matter ...

Evolution of the Media Market in Different Regions

Consumers all over the globe continue spending money on media and entertainment. Media has been a great influence in people’s lives; right from acquiring broadband access to reading magazines, books or newspapers. In 2012, the global consumer spending on media and entertainment grew by 5.8%, despite the sluggish economy faced by many countries. The growth was different in different regions. North ...

Specialty Pharmaceuticals Company Actavis in Advanced Talks to Acquire Forest Laboratories

Actavis Plc, the specialty pharmaceutical company is in advanced talks to acquire Forest Laboratories Inc, a rival drug maker. The deal could value Forest Laboratories at up to $25 billion. Although the impending acquisition is expected to be announced on Tuesday, there is still a possibility that the deal could fall apart, according to people familiar with the matter. A spokeswoman for Forest Laboratories, ...

Amid Growing Political Turmoil Economic Growth in Thailand Declines in the Fourth-quarter

In the fourth-quarter, the economic growth in Thailand slowed significantly. As the political unrest in the country could prevent the formation of a fully functioning government for months, the state planning agency has slashed its forecast for this year. After Indonesia, Thailand is Southeast Asia’s second-biggest economy. From October to December, the economy grew at a seasonally adjusted 0.6 ...

Murphy Oil Considering Asset Sale up to $3 Billion in Asia

In an effort to scale down its business in Asia, Murphy Oil Corporation is considering selling some of its oil and gas assets in the region. This deal could fetch the energy company monies to the tune of $3 billion. Amid concerns over the effect of rising costs and the returns available if oil prices drop, energy giants from Royal Dutch Shell to British Petroleum have been facing pressure from shareholders ...

Prospect of the Global Ophthalmology Drugs and Devices Market

With increase prevalence of eye diseases, the global market for ophthalmology drugs and devices is poised to witness steady growth. During the economic downturn, the market has seen a decline. But, in recent years, the market for ophthalmology drugs and devices has largely recovered from the slump in growth. A major factor that has contributed to the growth in the market is the rise in aging population. ...

Global Market for Tires to Witness Steady Growth in the Future

With increase in the production of cars and the rise in the growth of the global automobile market, the global market for tires is also predicted to witness steady growth. In 2012, the global tire market was valued at 185.5 billion USD, representing an annual growth rate of 2.6 percent. By 2015, the global tire industry is expected to reach revenue of 220 billion USD with a yearly growth of 7 percent. ...

Global Nutraceutical Ingredients Market to be driven by Greater Health Awareness of Consumers

With increase in health awareness among consumers, the global market for nutraceutical ingredients has witnessed considerable growth in recent years. In 2013, the global nutraceutical ingredients market was valued at 23.8 billion USD. By 2018, the market is estimated to reach a value of 33.6 billion USD, growing at a compound annual growth rate of 7.2 percent from 2013 to 2018. Some of the factors ...

Opportunities and Threats in the Digital Camera Market

Benefitting immensely from digitalization of consumer electronics products, digital cameras are one of the most popular segments of consumer electronics products market. Digital camera market in US is estimated to grow at a CAGR of 8.3% from 2013 to 2018. Increasing demand for MILC (Mirrorless Interchangeable Lens Camera) is one of the key factors contributing to the growth. US digital camera market ...

Continental to Purchase Veyance Technologies from Carlyle Group

Continental AG, the German tire and auto parts maker has agreed to purchase Veyance Technologies from U.S. private equity investor Carlyle Group for $1.9 billion. Veyance Technologies once belonged Goodyear Tire and Rubber Company, which is a rival of Continental AG. According to Continental, Veyance Technologies will be integrated into the company’s Contitech division. Veyance produces industrial ...

Demand for Global Processed Seafood to Increase in Future

In recent years, there has been an increase in the consumption of seafood as consumers consider it as a viable and healthy source of protein. This has in turn fueled the global market for processed seafood. With increase in urbanization, rise in living standards and increase in disposable incomes, the global market for processed seafood has witnessed rapid expansion. Consumers are increasingly looking ...

Investors Apprehensive by Twitter’s declining User Growth

On Wednesday Twitter Inc, the social networking company reported its slowest pace of user growth in recent company history. This slow user growth has dimmed hopes that the social media phenomenon can sustain its rapid pace of expansion. The microblogging company posted fourth-quarter revenue of $243 million which was better-than-expected. However, investors choose to focus on the weak user growth and ...

Italian Fashion House Versace to Decide on Potential Partner by End of February

Versace, the Italian fashion company founded by Gianni Versace is expected to choose between three potential partners who are vying for a minority stake in the fashion house. The fashion house is likely to settle on a partner by the end of February. To develop its clothing and accessories range and to open more shops internationally, Versace is selling a 20 percent stake to an outside investor. According ...

Global Orthopedic Device Market Driven by Increase in Aging Population

The market for orthopedic devices has witnessed rapid growth primarily due to increase in bone injuries, rise in aging population and increase prevalence of bone related disorders. Orthopedic device have been used successfully to provide stability and restore mobility, thereby reducing pain and improving patients’ quality of life. High incidences of osteoarthritis and osteoporosis, rise in obesity ...

Future of the Global Yeast Industry

Yeast is an essential ingredient that is used for producing a variety of food and beverages. It is a fermenting agent that has been used since centuries for fermenting food. The market for yeast and yeast products has witnessed steady growth in recent years, primarily due to the increase in demand for functional bakery products and alcoholic drinks. In 2011, the global market for yeast was valued at ...

Emerging Trends in the Global Chocolate Market

The global chocolate market has witnessed steady growth in the last decade and will continue to do well in the future.  In 2010, the global chocolate market was valued at 83.2 billion USD. By 2016, the market is estimated to reach a value of 98.3 billion USD with a compound annual growth rate of 2.7 percent between 2011 and 2016. Rise in disposable income, growing awareness among consumers about the ...

Global Glass Packaging Market to Witness Steady Growth

Glass packaging is primarily used in the food and drinks industry, pharmaceuticals industry and the cosmetics industry. In 2012, the demand for glass packaging worldwide was 45.71 million tons. Glass packaging is preferred over other packaging types because of their transparency, reusability, excellent barrier properties and the fact that they do not react with most chemicals. In 2012, the global market ...

Vodafone and Verizon Investors approves Verizon Wireless Deal

On 28th January 2014, shareholders of both Verizon Communications Inc and Vodafone approved Verizon’s USD 130 billion takeover of their Verizon Wireless venture, making the way for the third biggest deal in corporate history. Vodafone shareholders voted for one of the major payouts, as USD 84 billion or 71 percent of the deal’s net proceeds including stock will be returned to Vodafone shareholders ...

UK Fund Manager F&C Asset Management to be bought by Bank of Montreal

Canada’s Bank of Montreal has reached a deal to buy UK-based F&C Asset Management Plc for $1.2 billion (708 million pounds). This deal was closed just a day after Bank of Canada first announced an offer. Bank of Montreal has stated that this move will help it to expand its wealth management division. The news of the acquisition, sent shares of F&C, operator of the world’s oldest ...

Sugar-free Chewing Gum Drives Sales in the Global Gum Market

The market for chewing gum has witnessed a slow yet steady growth in the last couple of years. It is one of the most consistent sectors of the confectionery industry. With growing demand for sugar-free and caffeine-free gums, the market for chewing gum is expected to grow in the future. In 2012, the global market for chewing gum was valued at around 26.4 billion USD. By 2015, the market is expected ...

Boost in the Shaving Products Market with Product Innovation

The demand for men’s grooming products has increased exponentially in recent years with rapid urbanization and increased awareness about personal hygiene. The emergence of a highly image-conscious culture has also contributed to the growth of the shaving products market. In developed countries, the growth in the market is riding on product innovation and the launch of value-added products. By 2018, ...

Premier Foods announces Joint Venture with Private Equity Firm Gores Group

UK’s Premier Foods will hand control of Hovis bread, Britain’s quintessential brown bread to Los Angeles-based investment firm The Gores Group. The deal values the ailing unit at 144.4 million dollars. Premier Foods has suffered from intense competition from both branded and private labels. This deal finally puts an end to months of speculation about the direction of the struggling business and ...
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