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"We are looking … at all sizes of acquisitions," he said.
Provincial and local government agencies in Shaanxi Province, a hub of Chinese military aircraft testing and production, have set up another fund of similar size for acquisitions.
This is supported by the sheer number of venture capital companies that have invested in SDN startups over the past 8 years, the magnitude of those investments, as well as the size of the acquisitions that have occurred since 2012 in this space.
"The sheer size of the acquisition almost makes the details irrelevant," Mr. Karim said.
Our view is that they should buy cable assets in Europe, so the size of an acquisition could be large.
The odds only get worse as the size of the acquisition increases and the target is further from the acquirer's core business".
Neither TripFlavor nor ZOZI disclosed the size of the acquisition.
While terms of the deal have not been disclosed, we hear the size of the acquisition is north of $50 million.
Neither are disclosing the size of the acquisition, which is undoubtedly a tiny and probably stock for stock deal.
The size of the acquisition isn't being disclosed but our guess is it's in the tens of millions of dollars.
The terms and size of the acquisition were left out of the release, and requests for more detailed information were declined.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com