Virtual Strategy — NTT Com, the ICT solutions and international communications business within NTT, announced today that it signed an agreement recently to wholly acquire PT. Cyber CSF (Cyber CSF), a data center service provider headquartered in Jakarta, Indonesia. Cyber CSF, founded in 2012, is Indonesia’s largest data center service provider. It operates a high-quality facility equipped for 24 MVA of power and 2,800 racks in 7,700 square meters of space in the heart of Jakarta.
Market Realist — So far in this series, we’ve looked at Tsinghua’s offer for Micron Technology and changing China’s semiconductor landscape through strategic acquisitions. However, it isn’t just China’s semiconductor space that’s seeing a lot of M&A (mergers and acquisitions). It isn’t the only country that’s going through a consolidation phase. In the last couple of months, a lot of mega deals have happened in the semiconductor sector around the globe.
Digital News Asia — SINGAPORE-headquartered fintech (financial services technology) startup ApexPeak said it has acquired Netherlands-based supply chain finance and collaboration solutions provider Asyx. Acquisition terms were not disclosed. ApexPeak, founded in 2012, offers working capital solutions to high-growth SMEs (small and medium enterprises) in emerging markets, providing cash flow solutions to businesses that are underserved by banks, it said in a statement.
Channel News Asia — SHANGHAI: Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday. The investment will help Wal-Mart target China’s fast-growing online market at a time when largely brick and mortar retailers are feeling the pinch of competition from online rivals and a slowing of the world’s second-largest economy.
Deal Street Asia — Philippine listed mobile carrier Globe Telecom Inc has agreed to purchase all the equity in the capital stock of Bayan Telecommunications Inc (Bayantel) that are held by Bayan Telecommunications Holdings Corp (BTHC) and Lopez Holdings Corp (LHC). Pegged at $40.4 million (P1.83 billion), the transaction involves up to 70,763,707 Bayantel shares and increases Globe’s equity interests in Bayantel from 56.87 per cent to 98.57 per cent of outstanding capital stock, Globe said in a statement.
Digital News Asia — KUALA Lumpur-based webhosting and e-commerce solutions provider Exabytes Network Sdn Bhd has announced its 100% acquisition of Signetique IT Pte Ltd, its second in the city-state. Financial terms were not disclosed. Signetique is a cloud hosting provider that offers virtual private server, dedicated server, cloud hosting, and managed services.
Business Wire — Rakuten, Inc., a global leader in e-commerce, today announced that it has acquired a 100% stake in fit preference specialist Fits.me. Rakuten expects the innovative tech startup to further strengthen its e-commerce offerings and marketing solutions by providing a greater personalization of the retail experience for shoppers while driving operational insights and efficiencies for retailers. Fits.me will operate as a stand-alone business within Rakuten, Inc. and continue to support and grow current and future clients.
RTN Asia — In an announcement that coincided with the release of Tata Consultancy Services’ quarterly results, Wipro Ltd said it has agreed to acquire Designit, a global design firm based in Denmark. The Denmark-based firm specializes in designing user experience, interaction design and product innovation. The value of the transaction was not revealed.
Times of India — NEW DELHI: The decision on merging state-run BSNL and MTNL will be taken in the next four-five months, telecom secretary Rakesh Garg said. “BSNL, MTNL merger decision will be taken in four-five months after studying the IIM report on it,” he said. Anupam Shrivastava, BSNL chairman-cum-managing director, said MTNL will be delisted before the merger. MTNL stocks rallied 20% intra-day. The stocks were trading 14.46% up at 2.11 pm in the Bombay Stock Exchange.
Japan’s NTT Communications has sealed the deal on its purchase of European data centre services provider e-shelter, acquiring an 86.7 percent stake in the German company. The purchase boosts NTT Com’s data centre floor space in Europe to 92,000 square metres across nine cities, up from just shy of 20,000 square metres in four cities. Penny Jones, senior analyst at 451 Research, told TechWeekEurope that the acquisition shows demand has been strong in Germany for NTT Com.
Jakarta. Indonesia’s biggest telecommunications company Telekomunikasi Indonesia has set aside $250 million to acquire AP Teleguam Holdings Inc, the parent company of telco operator GTA Teleguam, in the tiny Western Pacific territory of Guam. Telkom will use proceeds from bond sales to help fund the acquisition, said Indra Utoyo, director of innovation and strategic portofolio at Telkom. Indra said the company has submitted proposals to authorities in Guam, which is a United States island territory in Micronesia, and the US.
Brand management company BlueFocus Communication Group will acquire two major mobile advertising companies Domob Limited and Madhouse Inc. The report revealed that BlueFocus will acquire a 100% stake in Domob Limited and a 95% stake in Domob Network Technology for USD289 million; and the company will acquire a 51% stake in Madhouse Inc. for USD61.2 million. At the same time, BlueFocus will invest an additional USD10 million in Madhouse and they will hold a 54.77% stake in the latter on the completion of the investment.
Chinese search engine company Baidu announced that they will acquire a controlling stake in popIn, a native advertising company in Japan. According to the terms of the transaction, popIn’s existing management team will be able to independently operate its businesses within the enterprise architecture of Baidu. On the completion of the acquisition, Baidu’s advertising platform will adopt popIn’s READ technology and content recommendation technology to improve its accuracy of advertising.
KOLKATA: Reliance Communications’ plan to merge Sistema’s Indian assets with itself is seen giving it scale and helping it reduce cost and spectrum renewal risks, but experts point out that it has brought into focus ambiguity in spectrum holding rules in M&As. In a report, brokerage Credit Suisse said that Sistema Shyam Teleservices (SSTL) provides a “good complementary fit” for Anil Ambani-owned Reliance Communications, given its spectrum holdings in the 800MHz band, which can be used for 4G services.
TPG inched closer to attaining its hard-fought goal of buying out rival internet service provider iiNet yesterday, but it faces a nerve-wracking wait to learn the deal’s regulatory fate. iiNet and TPG yesterday registered their scheme booklet with the Australian Securities and Investment Commission (ASIC) after an independent reviewer found the $1.56 billion share and cash-based offer to be “fair, reasonable and in the best interests of shareholders”.
NEW DELHI: Anil Ambani-led Reliance Communication has said it is in talks with AFK Sistema to merge the Russian conglomerate’s Indian telecom operations through a cashless stock swap. “Reliance Communications (RCom) and AFK Sistema have entered into exclusive discussions on a potential merger between the Indian telecom business of Sistema Shyam TeleServices Ltd (SSTL) and RCom through a stock swap,” the company said in a statement. The discussions, it said, are “indicative and non-binding in nature, and remain subject to due diligence, definitive documentation and approvals, as may be necessary.”
Australia’s competition watchdog has raised concerns that the takeover of internet service provider iiNet by rival TPG would substantially lessen competition in the market and negatively affect customer service. The ACCC today outlined its preliminary stance on TPG’s proposed $1.56 billion acquisition of iiNet and approached the market for views on the effect the takeover would have on both the industry and end users. TPG’s acquisition of iiNet would merge two of the five biggest fixed broadband providers into the country’s second largest behind Telstra.
PT Telekomunikasi Indonesia (Telkom) Tbk, Indonesia’s largest telecommunication company, said it has reached a deal to buy Guam’s AP Teleguam Holdings Inc, parent company of telco operator GTA Teleguam. GTA Teleguam is one of the telecom operators in Guam. Currently, Guam’s AP Teleguam, the parent company of GTA Teleguam is owned by Japanese private equity firm Advantage Partners. The deal is routed through Telkom’s US subsidiary – Telkom Internasional USA Inc. (Telin USA) – that is buying out Advantage Partners’ holdings in the Guam-based operator
Telstra has deployed a predictive analytics system that uses its operational data to help identify network issues before they occur. The big data facility is managed by CTO Vish Nandlall, who described it as “one of the largest Hadoop infrastructures in Australia”. Telstra has not revealed the cost of the facility, which has been rolled out progressively during the past nine months. “Conventional network problem solving generally only responds to events that have occurred,” a Telstra spokesperson said.
A Chinese investment group led by Hua Capital Management, a private equity company based in Beijing, has acquired US-based chip manufacturer Omnivision Technologies after paying USD1.9 billion, the American technology firm has confirmed. OmniVision chairman and CEO Shaw Hong has confirmed the acquisition and said the deal will allow its team of designers to develop more innovativeproducts and solutions for its range of customers.