A new twist in the world of tour operating, which continues along an apparent consolidation path for the sector. After the recent acquisition of the Teorema brand by Volonline, the news of theintegration of the Travels of the Dolphin in Going. The home tour operator MSC “does not slow down its strategic expansion in the … Read more
Le Palme Hotel & Resort in Porto Cervo Sixth Street, a leading international investment company with over 60 billion dollars of assets under management, in partnership with Eidos Partners, an independent financial consultancy firm, has finalized the acquisition of Le Palme Hotel & Resort in Porto Cervo, Sardinia on the Costa Smeralda. The Le Palme … Read more
René Resch The space company SpaceX is taking over the small satellite network Swarm Technologies – the takeover is a first for Elon Musk’s company. Enlarge SpaceX acquires small satellite startup Swarm Technologies © Swarm Technologies The US space company SpaceX will take over the satellite startup Swarm Technologies, according to an application to the … Read more
Rocket Lab founder and Chief Executive Peter Beck Long Beach-based Rocket Lab USA Inc. has acquired Advanced Solutions Inc., a Littleton, Colo.-based aerospace engineering firm, for $40 million. The acquisition will strengthen Rocket Lab’s space systems sector, which currently encompasses Photon spacecraft manufacturing and a suite of spacecraft hardware solutions, the company said in its … Read more
Paychex, Inc. (PAYX), a provider of integrated human capital management (HCM) solutions, announced the acquisition of San Francisco-based Flock, a provider of benefits enrolment and administration, onboarding, and human resources information systems (HRIS). Shares rose 1% on the news, closing at $118.04 on October 6. (See Paychex stock charts on TipRanks) Serving over 1.7 million … Read more
Online marketplace for freelance services Fiverr International Ltd. (FVRR) recently announced the acquisition of an online learning company, CreativeLive. The financial terms of the deal have not been disclosed so far. Following the news, shares of the company gained 2.5% to close at $181.96 on Thursday. With over 2,000 classes and 10 million users, CreativeLive … Read more
In-Space Missions Faraday satellite. Photo: In-Space Missions Making a jump to have its own in-house capabilities to design and manufacture satellites, Britain’s BAE Systems on Tuesday said it has acquired another United Kingdom-based company, In-Space Missions, which is currently designing and building a series of satellites for various customers. The acquisition gives BAE a full … Read more
Kyle Lowry will join the Miami Heat on a three-year deal through a sign-and-trade deal with the Toronto Raptors, a source told ESPN’s Adrian Wojnarowski. Lowry announced the news that he was signing with Miami on social media. Barry Gossage/NBAE via Getty Images The Heat also agreed to bring back restricted free agent Duncan Robinson … Read more
Richard Branson has acquired a stake in Seraphim Space Investment Trust PLC, the first venture capital fund focused on the space sector, as part of a ￡178 million (US$247 million) initial public offering (IPO). The billionaire purchased stock in London-based Seraphim in a sale that closed on Friday last week, Seraphim chairman Will Whitehorn said … Read more
LVMH and Virgil Abloh join forces in business. The African-American multi-cap designer, who already works for the world number 1 in luxury as men’s artistic director for Louis Vuitton, becomes a full partner of the French group, which enters 60% in the company Off-White LLC , owner of the brand of streetwear Couture Off-White, founded … Read more