Oracle has announced that it has entered into a definitive agreement to acquire NetSuite for approximately $9.3 billion. The proposed transaction is expected to close in 2016, and until the transaction closes, Oracle and NetSuite will continue to operate independently.
L’Oréal announced the aquisition of beauty makeup brand IT Cosmetics for $1.2 billion. The acquisition is an effort to answer the rising demand of makeup and hybrid skincare. See how this will benefit both brands going forward.
Font and technology specialists Monotype announced it would acquire visual marketing platform Olapic for $130 million. See what this means for for both companies and what it allows for Monotype going forward.
The workplace of the future will be the most advanced the world has ever seen. Instead of traditional business models focused on simply delivering goods from one location to another, companies are now working across all channels to deliver a seamless omnichannel experience.
Bed, Bath and Beyond Inc. announced it has acquired One Kings Lane Inc. for an undisclosed sum. See what this will mean for both brands going forward.
Michael Kors completes the acquisition of Michael Kors (HK) Limited, its exclusive licensee of the company in China and other Asia jurisidictions. See what this will mean for Michael Kor’s global footprint in Asia.
Plow & Hearth, LLC. announced that it has acquired certain assets of Children’s Wear Digest, Inc. See what this means for both brands.
Hudson’s Bay Company announced that it has entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, subject to customary requirements.
Several reports have indicated that high-end retailer Saks Fifth Avenue is in talks to acquire New York-based flash-sales site Gilt Groupe for $250 million. See what this will mean for both companies.
Staples, Inc. and Office Depot, Inc. have issued the following open letter to customers after the U.S. Federal Trade Commission announced earlier today their decision to challenge the merger of the two companies.