Last week alone, over $4.35B has been spent on 5 acquisitions
As reported by Crunchbase, over $4.35B was spent last week alone on some of the most sizable acquisitions in the tech world. The biggest one of those, the WebMD, was sold to Internet Brands by a whooping $2.8B yesterday.
Another one, Bambora, founded only in 2015 was acquired by Ingenico Group for €1.5B. Bambora’s mission was to simplify the life of SMEs when it comes to payment solutions online.
Out of the 5 mentioned acquisitions, 3 are connected with the pharmaceutical industry, including NeuroDerm, bought by Mitsubishi Tanable Pharma for $1.1B and Dharmacon, acquired by Horizon Discovery for $85M.
Closing the list is Ultisat, video and data communications platform acquired by SpeedCast for $100M.
Having been listening and reading about those, I was wondering if soon we will not see some sort of currency denomination being introduced into the mix to bring the numbers down to a level that is more comprehendable to a normal human being…
Full list of recent acquisitions is available at Crunchbase.