Syquest Technology Inc., one of the largest makers of removable computer storage disks, said yesterday that it had hired the investment-banking firm CIBC Oppenheimer to help it explore acquisitions and financing.
Mr. Murdoch is said to have proceeded with the split this summer in part because a separate publishing company would allow him to explore acquisitions without facing fierce resistance from shareholders, according to several people familiar with the company's thinking.
"With this scale, we are in a much better position this year to explore acquisitions across the areas we have identified," Binny had said in an interview then.
"With this scale, we are in a much better position this year to explore acquisitions across the areas we have identified," Binny said in an interview.
Beginning in early 2007, pharmaceutical companies started to explore acquisitions and mergers as a way of bolstering their flagging drug-development pipelines.
Collective Media says it will utilize the new funds to grow its network, develop new technology, expand internationally and explore acquisitions.
Ybrant Digital says it will use this new round of funding to grow its reach, develop new technology, expand internationally and explore acquisitions.
TrueCar, which publishes real-time vehicle transaction data in the US market for both new and used cars, has secured over $200 million in debt and equity financing to grow the business and explore acquisitions.
SoftBank Group is investing $250 million in Kabbage — funding that Rob Frohwein, the co-founder and CEO, said the company plans to use to expand its business in the U.S.; launch yet more analytics tools to provide loans for specific verticals; expand into new markets like Asia; and to explore acquisitions to add new products to its business, like payments.
In February and after years of turmoil, Yahoo officially announced that it was exploring acquisition offers.
