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JAB Buys Krispy Kreme For $1.35 Billion

2016-05-10 17:47:00| Food Processing

Krispy Kreme, the baker of hot, glazed doughnuts, is being taken private by JAB Beech in a deal worth about $1.35 billion.

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SL Green Buys a 20% Stake in Manhattan's Sky Apartment Tower

2016-05-09 17:13:00| National Real Estate Investor

David M. Levitt SL Green Realty Corp. bought a 20 percent stake in the Sky luxury apartment tower on Manhattans far west side, which was built by the Moinian Group. read more

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Bango buys BilltoMobile from Danal for U.S. carrier billing boost

2016-05-09 02:00:00| Total Telecom industry news

App store carrier billing specialist says it is 'only' processor of carrier billing transactions across all four major U.S. MNOs.

Tags: carrier boost billing buys

 

Vonage buys Nexmo for USD 230 mln

2016-05-06 07:57:00| Telecompaper Headlines

(Telecompaper) Vonage has agreed to acquire privately-held Nexmo, a provider of cloud communications platforms, for USD 230 million in cash and stock. There is also an additional earn-out opportunity of up to USD 20 mln. Vonage noted that Nexmo is the world's second largest CPaaS company as measured by revenues and that it will provide an entry point for Vonage to expand its brand globally and sells its systems in EMEA, Asia Pacific and other geographies. Tony Jamous, co-founder and CEO of Nexmo, joins Vonage as president of Nexmo, a Vonage company, along with co-founder Eric Nadalin, CTO, and Nexmo's 170-person team.

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Progress Rail buys Australias Inspired Systems

2016-05-04 01:00:00| Railway Technology

US-based Progress Rail Services has acquired Inspired Systems as part of plans to expand signalling offerings.

Tags: systems progress inspired rail

 

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