Defining Enterprise Value (EV) and Market Capitalization (MCAP) Enterprise Value (EV): Represents a company’s total value, incorporating market capitalization, debt, minority interest, and cash reserves. It offers a comprehensive view of the company’s worth, particularly from an acquisition perspective. Formula: EV = Market Cap + Total Debt + Minority Interest – Cash & Cash EquivalentsMarket … Read more
Sophos has completed its $859 million acquisition of managed cyber security services provider Secureworks in an all-cash transaction. It now claims to be the “leading pure-play” provider of Managed Detection and Response Services, supporting more than 28,000 global organisations. Secureworks is an Atlanta, U.S.-based cybersecurity company that focuses on threat detection, response, and managed security … Read more
Manish Gupta, Chairman & CEO and Suhas Prabhu, CFO, Indegene, in conversation with ET Now. says: “The margin, especially at the EBITDA level, has consistently grown from 18.8% to 21.9%. We will look at sustaining and growing the margins as we go forward. Another aspect, given the proceeds from the IPO would be to go … Read more
Sandeep Kalra, CEO, Persistent Systems, says “as we go ahead, as the market conditions stabilise, that will give us the opportunity to have the leverage of all the investments we have done whether they are in the next generation technologies like generative AI or increased sales and marketing investments, etc, and that should help us … Read more
San Francisco: E-commerce giant Amazon is facing larger scrutiny by the US Federal Trade Commission into its latest proposed acquisitions of robot vacuum maker iRobot and 1Life Healthcare, which operates primary care provider One Medical. Amazon announced its proposed acquisition of One Medical for $3.9 billion in July and iRobot for $1.7 billion in August. … Read more
Health-technology startup Meddo is in advanced talks to acquire Doxper, another firm in the healthcare space, according to people familiar with the matter. This comes on the heels of the company landing $6 million funding in a round led by SRI Capital, Picus Capital and Alkemi Capital last month. “Meddo will fully acquire Doxper. The … Read more
Google is in preliminary talks to acquire regional language social media platform ShareChat, according to two people privy to the development. The Bengaluru-based startup, which also counts Twitter as an early backer, could be valued at about $ 1.03 billion, sources said. The internet giant is currently conducting a due diligence exercise after having signed … Read more
WASHINGTON—President Trump has told advisers he is uncomfortable with a pending deal for Oracle Corp. to become TikTok’s U.S. technology partner, according to people familiar with conversations, in another sign that the proposed tie-up isn’t yet a done deal. Mr. Trump’s private concerns were echoed publicly on Thursday by White House chief of staff Mark … Read more