Synaptics Snaps Up DisplayLink For $305M In All-Cash Deal; Top Analyst Lifts PT
Synaptics Inc (SYNA) has signed a definitive agreement to buy DisplayLink Corp., a high-performance video compression technology company, for $305 million in an all-cash transaction. Synaptics expects the deal to add about $94 million in annualized sales…
MasterCard signs cryptocurrency card deal with London startup
MasterCard and Visa cards. Photo: Keith Srakocic/AP MasterCard (MA) has signed its first issuing deal with a “native” cryptocurrency startup, allowing the business to distribute MasterCard debit cards that let people hold and spend crypto. MasterCard…
Navistar-TuSimple Pact, Volkswagen-Fisker Deal & More
In addition to investors piling on electric vehicle (EV) stocks, various states and governments also appear to be positively charged about the potential of green vehicles. Last week, 15 states and the District of Columbia recently signed a joint…
MasterCard signs crypto issuing deal with Wirex
MasterCard and Visa cards. Photo: Keith Srakocic/AP MasterCard (MA) has signed its first issuing deal with a “native” cryptocurrency startup, allowing the business to distribute MasterCard debit cards that let people hold and spend crypto. MasterCard…
Is the Fisker Deal Good or Bad News for Nikola Stock?
On July 13, Spartan Energy Acquisition Corp. (NASDAQ:SPAQ) announced that it would acquire Fisker, a Los Angeles-based startup electric vehicle maker, in a reverse merger that values the merged entity at $2.9 billion. Nikola (NASDAQ:NKLA) also went…
Electric car maker Fisker eyes deal to go public
By Joshua Franklin, Ben Klayman and Rebecca Spalding (Reuters) – Electric vehicle maker Fisker Inc is in talks to go public through a sale to a so-called blank-check acquisition company, modeled after a successful deal earlier this year by peer…
Tech Firm’s 2020 Rally Exceeds 100% With Deal for AI Startup
(Bloomberg) — Software provider Kinaxis Inc. surged to a record high as it completed a deal for Rubikloud Technologies Inc. to boost its artificial intelligence capabilities. Ottawa-based Kinaxis, whose clients include Unilever NV and Lockheed…