The transaction values Linear Technology shares at $60 apiece, a 24% premium to its closing price Monday.Under the deal, Linear Technology shareholders will swap each share for $46 and 0.2321 share in Analog Devices.Shares of Linear Technology were halted before the announcement after climbing 29% to $62.49.Shares of Analog, which were also halted, climbed 3.9% to $62.87 in afternoon trading.The boards of both companies have approved the deal, which is expected to close in the first half of 2017, the companies said.After the tie-up, ADI s chief executive, Vincent Roche, will continue in the role.
Avnet, the American technical component distributor, has come in at the 11th hour to outbid an existing offer for Premier Farnell, distributors of the Raspberry Pi.Farnell was all set to be sold to Swiss group Dätwyler Holding for £792m, including debt, but a new offer from Avnet with an enterprise value of £868m has now been accepted and recommended.The transaction values the entire share capital of Premier Farnell at £691m, which itself represents a premium of 69.3 per cent on Premier Farnell's share price on 13 June 2016, when Daetwyler announced its offer.A letter from the board of Leeds-based Premier Farnell had previously endorsed the Dätwyler deal, with chairman Valerie Gooding applauding it on the grounds that both companies shared "very similar strategic values and are highly complementary in terms of product range."Despite that, the board has now withdrawn that recommendation and instead stumped up for Avnet's cash offer, which delivers a premium of 12.1 per cent over Daetwler's offer.In today's announcement, Gooding stated both companies shared "very similar strategic values and are highly complementary in terms of product range, distribution channels and geographic footprint."
Chinese travel site Qunar is all set to delist from the NASDAQ after it completed its sale to private equity firm Ocean Management.The deal was first announced last October and today it went through having gained shareholder approval earlier this week.The transaction values Qunar, which is backed by Baidu, at around $4.44 billion.The firm raised $167 million from its IPO in November 2013, but now it is one of number of Chinese businesses to shun U.S. public markets.iQiyi, another company backed by Baidu, decided against a rumored U.S. IPO when it recently took financing, while Alibaba s Ant Financial looks set to pick China or Hong Kong for its long-awaited listing.Security firm Qihoo delisted from the NYSE in 2015.
In the beginning of July, Reuters reported that the two betaljättarna Nets and Worldpay had been in contact with potential buyers.Read more: Uppköpsrykten around two Klarna-competitorsNow, according to the Financial Times to one of the shops has gone in the lock.The two betaltjänsteföretagen Worldpay from the Uk and Vantiv from the USA are namely the agreement on a merger and will create a giant that handles a payment volume of around 1.5 trillion dollars and 40 billion transactions.the Transaction values the Worldpay to the equivalent of almost 99 billion, according to a press release.It represents a premium of 22.7 percent compared with when the proposed transaction was first presented.
Malmöbolaget Mapillary develops digital kartmiljöer to learn self-driven cars to navigate in traffic.Recently invested BMW, Samsung Catalyst and kartjätten Navinfo equivalent to 125 million in Mapillary, something Di Digital was first to report.”We have chosen these three investors, since they represent the line that takes the Mapillary in the car”, said the company's co-founder Jan Erik Solem.He was behind the ansiktsingenkänningsbolaget Polar Rose, sold to Apple in 2010.nobody wanted to comment on in connection with the investment was how high Mapillary is valued.Now, can Di Digital report that the transaction values the whole of the Mapillary to just under 48 million dollars, or $ 406 million.
The boards of T-Mobile and Sprint have put the finishing touches on a massive merger agreement that values the combined company at $146 billion.T-Mobile USA chief executive officer John Legere made the announcement by tweeting a seven-minute video breaking down the merger, also including a link to a website further explaining the combination.Legere will be CEO of the newly combined entity, will keep the T-Mobile name, and have headquarters located in both Bellevue, Wash. and Overland Park, Kan.The deal, which will combine the third- and fourth-largest US wireless carriers, is expected to come under serious scrutiny from antitrust regulators."This combination will create a fierce competitor with the network scale to deliver more for consumers and businesses in the form of lower prices, more innovation, and a second-to-none network experience — and do it all so much faster than either company could on its own," Legere said in an official statement.The all-stock transaction values Sprint at 0.10256 per T-Mobile share, or $6.62 a share, based on T-Mobile's last closing price.
The fintech sector carried over 140 M transactions in the first half of 2018, at a total value of nearly $40bn (£30.48bn) – an increase of more than 26 per cent on the same period last year.The Fintech M market report, compiled by Hampleton Partners, says the surge in transaction values can be attributed to an embrace of digital banking, payments and financial data services from consumers and enterprises, as exemplified by Blackstone’s acquisition of Thomson Reuters for $17bn, which was completed at the beginning of this month.Read more: How London can fend off the European hotspots vying for its fintech crownHampleton Partners managing partner Jo Goodson said: “Fintech M activity is coming of age after the initial surge in somewhat random deal-making amongst the very early innovators.Now, corporate and financial buyers alike are chasing larger and more targeted investments which can help streamline back-office operations, improve the digital customer experience and cut costs.”Hallmark deals signed in the first half of this year include Paypal’s $2.2bn all-cash acquisition of Stockholm-based payments provider iZettle, as well as the purchase of the payments unit of Swiss stock market operator SIX Group by French payment services business Worldline, for $2.75 bn.
Cryptocurrency exploded like a supernova as prices soared to nearly $20,000 in December 2017.But like a dying star, the crypto-market may now be facing an implosion.According to a new report from technology research group, Juniper Research, the cryptocurrency “industry is on the brink of an implosion.”The research highlights some key market metrics, all of which display cryptocurrencies as being on a downward spiral.“During Q1 2018, cryptocurrency transactions totaled just over $1.4 trillion, compared with less than $1.7 trillion for 2017 as a whole,” the report notes.“However, by Q2 2018, transaction values had plummeted by 75 percent, to under $355 billion.”
It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2014-18e).Get Sample Copy of This Report at report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018e-22f).It also offers information on the country's competitive landscape, including market shares of issuers and schemes.The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages.The report also covers detailed regulatory policies and recent changes in regulatory structure.This report provides top-level market analysis, information and insights into the Irish cards and payments industry, including - - Current and forecast values for each market in the Irish cards and payments industry, including debit and credit cards.- Detailed insights into payment instruments including cash, cards, credit transfers, direct debits, and cheques.It also, includes an overview of the country's key alternative payment instruments.- E-commerce market analysis.- Analysis of various market drivers and regulations governing the Irish cards and payments industry.- Detailed analysis of strategies adopted by banks and other institutions to market debit and credit cards.Scope- Irish consumer uptake of alternative payments is gaining traction with the launch of new payment solutions including Apple Pay, Google Pay, and Seqr.The mobile payment solution enables users to conduct in-store, in-app, and online payments; it is supported by Allied Irish Banks (AIB), boon, KBC (Mastercard credit and debit cards), N26, and Ulster Bank.In July 2016, Sweden-based company Seamless launched its mobile payment solution Seqr.
The japanese spelkoncernen Nexon is raising its stake in the start-up of the Swedish gaming company will Embark Studios.that Nexon is paying just under 900 million of the 32.8 per cent of the company, we are currently working on their first game title, and a platform for game creation.the Transaction values the eight-month-old gaming company, to 2.7 billion euro per year.Nexon is now the majority owner of the Embark, with more than 66 per cent of the shares in the company's press release.On the other storägaren is the founder of Patrick Söderlund, who spent many years in the speljätten Electronic Arts (ea), and is now sitting in a Nexons the board of directors.”the Embark has made incredible progress on their projects in a short period of time,” said Nexons ceo, Owen Mahoney, said in a statement.
Ovo is Indonesia’s top digital payment system based on transaction values, public data shows.According to figures obtained by Tech in Asia from Bank Indonesia, Ovo accounted for 37% of total digital payment transaction values in the first six months of 2019.Its main competitor, Gojek’s GoPay, took up 17%.Based on the central bank’s data, the total digital payment transaction value for that period equaled 56.1 trillion rupiah (about US$4 billion).This means that Ovo – which has links to giants Grab and Tokopedia – generated roughly 20.8 trillion rupiah (US$1.49 billion), while GoPay brought in 9.5 trillion rupiah (US$680 million).Winny Triswandhani, GoPay’s head of corporate communications, said, “It is not clear what methodology was used here, but it does not tally with most research available in the market that shows GoPay to be the largest provider of digital payments in Indonesia.”
Pensionsförvaltaren with Alecta, has been acquired by more than 19 per cent of the shares in the nätapoteket Apotea for the 768 stated by a press release from the company, Alecta.This is the Sixth Swedish national pension fund, on the other pensionsjätte, which has now sold most of their shares.the Transaction values the whole of Apotea to approximately sek 4 billion.this is The same value that was in the aktieaffär in the spring of 2019.”Apotea has already been proven, but we see a good opportunity for the company to continue its growth strategy,” says Bo Selling, head of equities at Alecta, in a statement.
PayPal will become one of the first international companies to gain a payments license in China, after news emerged that the state-owned People’s Bank of China (PBOC) has greenlighted PayPal’s acquisition of a majority stake in local company GoPay.PayPal, through one of its local China-based subsidiaries called Yinbaobao, will acquire a 70% stake in GoPay, according to a statement on GoPay’s website [in Chinese].The deal is expected to close in Q4 2019.GoPay, officially known as Guofubao Information Technology Co., was set up in 2011 as a joint venture between the China International Commerce Center (CIECC) and HNA Retailing Holding, a subsidiary of troubled Chinese conglomerate HNA Group.The Chinese online payments market is substantial, with total transaction values more than doubling to 2,126.3 trillion yuan (roughly USD$200 trillion) in 2018 compared to five years previous.Other big-name players operating in the space include Alibaba affiliate Ant Financial, formerly known as Alipay, which overtook PayPal as the world’s biggest online payments platform back in 2010.
The Indonesian fintech company Ovo has officially confirmed its unicorn status, following months of speculation and a recent statement from Rudiantara, Indonesia’s minister of informatics and communications.“This week, Pak Rudiantara gave us the greatest honor.He talked about Ovo joining the stable of unicorns in Southeast Asia,” said Ovo CEO Jason Thompson during a keynote at the Tech in Asia Conference in Jakarta.“And I can tell you everybody at Ovo is so humbled by that accolade.”This would bring Indonesia’s unicorn count to five, with ecommerce company Bukalapak being the last to join the club.While Thompson didn’t elaborate on the company’s exact valuation, CB Insights reported it to be US$2.9 billion.
Digital Realty has announced it is to acquire Europe’s largest colocation provider Interxion, after the later accepted a bid of $8.4 billion from the US firm.The deal will essentially be a share swop, with Interxion shareholders receiving a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion share.The transaction values Interxion at approximately $93.48 per share (or $8.4 billion).The deal had been on the cards for some time.Back in 2016 for example it was reported that Digital Realty had been mulling a bid for Interxion.According to the firms, the combined company “will be uniquely positioned to meet the growing global demand from cloud platforms, service providers and enterprises seeking colocation, hybrid cloud and hyperscale data centre solutions.”
San Francisco-based Digital Realty has agreed an $8.3 billion takeover of Dutch co-location data centre provider Interxion, which will see it add a major European footprint to its portfolio, including facilities in central London (LON1, LON2, and LON3) that are used by a wide range of financial services organisations.Interxion’s European business includes 53 carrier- and cloud-neutral facilities in 11 countries.“The combination will create a leading pan-European data center presence, offering consistent, high-quality services with low-latency access to approximately 70 percent of the GDP in Europe,” Digital Realty said.Under the terms of the Interxion buyout — which remains subject to regulatory and shareholder approval — Interxion shareholders will receive a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion share.The transaction values Interxion at approximately $93.48 per ordinary share.The proposed acquisition comes as consultancy CBRE reported a record take-up of 57MW across the four largest colocation markets in Europe in Q2.
When Lippo Group, one of Indonesia’s most powerful family-owned conglomerates, brazenly launched its ecommerce venture Matahari Mall in 2015, only to fail in short order, few thought it could bounce back so quickly.Spearheaded by Lippo’s 33-year-old heir apparent John Riady, the venture went from nothing to become Indonesia’s leading e-wallet within three years, capturing 37% of the total digital payment transaction values versus rival GoPay’s 17%, according to internal data from the country’s central bank.Founded in 2014 as a separate entity with its own partnership structure, it’s a cross between traditional consulting and venture building.The BCGDV model presents an alternative for large companies that want to innovate from within.In exchange, the firm charges a management fee or may co-invest.Typically, such hires come from outside the corporate partner – that’s because the odds of finding entrepreneurs with the right skill set and mentalities externally are higher.
The outbreak of COVID-19 in Sweden at the beginning of 2020 is set to drive credit card transaction values down sharply by the end of the year.Although Sweden has taken a famously relaxed approach to pandemic management, with no quarantines or lockdowns, no official requirement to wear a mask in social situations and no mandated store closures, there are still social distancing measures in place, and Swedish consumers are acutely aware of the risks of the virus.As a result, spending on things...ALSO READ: Euromonitor International's Credit Card Transactions in Sweden report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards.It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions.It offers strategic analysis of sector forecasts and trends to watch.Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.ALSO READ: Why buy this report?* Get a detailed picture of the Credit Card Transactions market;* Pinpoint growth sectors and identify factors driving change;* Understand the competitive environment, the market’s major players and leading brands;* Use five-year forecasts to assess how the market is predicted to develop.Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems.
Debit cards are set to remain the preferred type of financial card for Spanish consumers in 2020, despite recording the first transaction value decline since the crash of 2009 as the COVID-19 pandemic took its toll on personal and household disposable incomes.Debit cards are remaining a popular option during the outbreak as consumers regard them as a safer option than cash.In illustration, cash transaction values are anticipated to plummet in 2020, whilst contactless and cardholder not present...Euromonitor International's Debit Card Transactions in Spain report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards.It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions.It offers strategic analysis of sector forecasts and trends to watch.Also Read Link  1 : Product coverage: Commercial Debit Card Transactions, Personal Debit Card Transactions.Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.Why buy this report?
Gone are those good old days when people have to go down to streets to purchase things they need.Now, convenience is the key aspect people look out for before acquiring any services.The advent of on-demand apps has brought the convenience of getting anything to everything right to the doorsteps.That is where on-demand delivery apps come to light!So, if you’re planning to launch an on-demand delivery business, the Dunzo clone could drive some benefits for your business.What Is The Dunzo Clone?Dunzo helps users buy products from any store, picks them, and drops them at the user’s place.Precisely, Dunzo delivers all sorts of items from groceries, medicines to multi-items.Why Go With Dunzo Like App Development?Dunzo is a sub-continent based hyperlocal delivery service that has spread its wings across 15+ cities.With the pandemic lockdown in effect, app-based services have become nothing but the only means of getting essential things.During this time, the active user base of Dunzo jumped from 2.7 to 5.1 million from 2019 to 2020.The gross transaction values of the app more than doubled, growing to 105% from 2019-2020.Clearly, the number states there is an all-time surge in app usage and profits.