Nokia halted its effort this week to acquire Juniper Networks, according to people familiar with the matter, after CNBC reported the two companies were in talks to merge. The push by Nokia to acquire Juniper — and marry that multibillion-dollar networking company with Nokia's infrastructure resources — is off for...
A small acquisition from two years back seems to be working out for PayPal. The company bought Xoom, an international-remittance platform, in late 2015, at a time when the service’s growth was decelerating. Nowadays, Xoom is growing at a nice pace. The service currently processes 50% more monthly transactions than...
A huge cash horde, coupled with $200 billion in repatriated cash from recently passed tax reform, is a perfect opportunity for Apple to make a big purchase of a company such as Netflix. American companies should get a huge shot in the arm from the new tax cut plan, but...