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Specialty Waste Buys Solid Waste Oil Sector Processor Susquehanna

2014-03-26 17:10:00| Waste Age

A private equity firm has purchased a majority interest in Susquehanna Services Inc., a solid waste processor for oil and natural drilling operations. read more

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Intel buys health-tracking band maker Basis Science

2014-03-26 17:07:28| Agriculture - Topix.net

Intel Corp. said Wednesday it bought health-tracking wearable device maker Basis Science Inc. in a deal reported to be between $100 million and $150 million as it moves into the wearable computing market, according to VentureBeat.

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Standard Life Investments buys Ignis

2014-03-26 11:45:28| BBC News | Business | UK Edition

Standard Life shares jump as the Edinburgh-based pensions and insurance firm buys fund manager Ignis Asset Management for 390m.

Tags: life standard investments buys

 

Facebook buys virtual reality firm Oculus for USD 2 bln

2014-03-26 09:51:00| Telecompaper Headlines

(Telecompaper) Facebook has signed a definitive agreement to acquire immersive virtual reality technology specialist Oculus VR for a total of around USD 2 billion. This includes USD 400 million in cash and 23.1 million shares of Facebook common stock (valued at USD 1.6 billion). The deal also provides for an additional USD 300 million earn-out in cash and stock based on the achievement of certain milestones. Oculus has received more than 75,000 orders for development kits for the Oculus Rift virtual reality headset. Facebook plans to extend Oculus' existing advantage in gaming to new verticals, including communications, media and entertainment, education and other areas. The deal is expected to close in Q2 2014.

Tags: firm usd virtual reality

 

Intel buys into wearable technology

2014-03-26 02:15:03| BBC News | Business | UK Edition

US chipmaker Intel steps up its investment in wearable technology with the acquisition of Basis Science, a firm known for its health tracking services and devices.

Tags: technology intel buys wearable

 

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