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Tag: acquires business
Baidu acquires online video business of PPS for USD 370 mln
2013-05-07 05:51:00| Telecompaper Headlines
(Telecompaper) Chinese search services provider Baidu has acquired the online video business of internet video provider PPS for USD 370 million. Baidu and PPS expect the transaction to close in the second quarter, subject to customary closing conditions. Upon completion, PPS's online video business will be merged with Baidu's own video platform iQiyi. PPS will continue to operate as a sub-brand of iQiyi. The merger will generate synergies and will provide for an improved user experience as well as more content, Baidu said. After the acquisition, Gong Yu will continue to be CEO of iQiyi. Zhang Hongyu and PPS president Xu Weifeng will serve as co-presidents at iQiyi, and will be in charge of the PPS sub-brand and new business development.
Tags: online
business
video
usd
Cranswick Acquires Pig Rearing Business
2013-05-07 02:00:00| ThePigSite - Industry News
UK - Cranswick has acquired the whole of the issued share capital of East Anglian Pigs Limited (EAP).
Tags: business
pig
acquires
rearing
Baidu acquires PPStream online video business for $370m
2013-05-07 02:00:00| Total Telecom industry news
Deal sees Chinese Internet giant become one of the country's biggest online video providers.
Tags: online
business
video
acquires
Kimberly-Clark Health Care Acquires Anesthesia Business from Life-Tech
2013-04-02 21:52:19| Paper - Topix.net
Kimberly-Clark Corporation today announced the acquisition of the anesthesia business of Life-Tech, Inc., a Texas-based medical device manufacturer.
Tags: business
health
care
health care
Kapsch acquires railway communications business from NEC
2013-03-22 01:00:00| Railway Technology
Austria-based railway communication solutions provider Kapsch CarrierCom has acquired railway businesses from NEC for an undisclosed sum.
Tags: business
communications
nec
railway
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