International Business Machines Corp. (NYSE: IBM): Current price $193.62
IBM announced Thursday that it purchased Daeja Image Systems Ltd., which provides software that facilitates businesses and information tech professionals in viewing large documents and images. Daeja is a privately held software firm with headquarters in the U.K. Financials terms of the transaction were not disclosed.
Google Inc. (NASDAQ:GOOG): Current price $898.00
Google has offered remedies to the U.K.’s Office of Fair Trading as part of its purchase of the social media mapping app Waze. According to the initial remedies published on the regulator’s website, Google offered to separate the Waze business, brand, and sales from its own business. The concessions remain provisional while the office determines if it has jurisdiction over the acquisition. Google is going through global scrutiny from regulators as it expands its product lineup and ventures into new areas like mobile tech.
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN): Current price $79.01
Putting the kibosh on chatter that Roche Holding AG is raising financing for the purchase of BioMarin, CEO Severin Schwan said his company has no plans to do so in an interview Thursday at Bloomberg’s New York offices. BioMarin jumped by around 10 percent in early trading, then cut back the gains to a bit over 1.5 percent following his comments.
Veeco Instruments Inc. (NASDAQ:VECO): Current price $35.69
Veeco announced Thursday that it will acquire the privately held Synos Technology, Inc., which designs and makes Fast Array Scanning Atomic Layer Deposition systems that allow the output of flexible organic light-emitting diode displays for mobile devices. The initial purchase price comes to $70 million. Synos shareholders will receive additional payments upon the achievement of future performance milestones, with maximum potential consideration for the deal of $185 million. The merger should to close in the fourth quarter.