You can be on Entrepreneur’s cover!

3 Acquisitions That Made Headlines Recently Acquisitions are becoming flavor of the month.

By Samiksha Jain

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

In the past one month, we have come across many acquisitions and mergers, which not only came as a surprise to the industry but also gave a shock to the industry professionals. These acquisitions will not only affect the Indian market but also impact the international market as well.

Here is the list of top three such acquisitions that have made headlines recently.

1. Myntra and Jabong

Finally, Myntra has put an end to all the speculations, by announcing the acquisition of Jabong. Flipkart-owned Myntra recently acquired Jabong; a global fashion group backed by Rocket-Internet, for approximately $70 million, and that too, in cash-only.

For now, Jabong will continue to work as a separate entity with Jabong's investors, mainly Rocket Internet and Kinnevick taking their exit.

This acquisition has made Myntra one of the strongest players in the online fashion space, where it holds 70 per cent of the market. Considering it is one of the biggest mergers of the fashion eCommerce domain, only time can tell us how far this acquisition would prove out to be a successful one for Myntra, and if it really will benefit the brand in the long run!

2. Verizon and Yahoo

This was another big acquisition of the last month. Yahoo; an American multinational technology company has finally got a buyer. It has been acquired by Verizon, which also owns AOL, for $4.83 billion in cash, and it includes Yahoo's advertising, content, search, and mobile activities.

Yahoo's stakes in Alibaba and Yahoo Japan aren't part of the acquisition. If we go by media reports, these stakes are worth tens of billions of dollars alone. Also, Yahoo's patent portfolio, which is worth around $1 billion, isn't part of the sale either.

But as per the sources, Yahoo's Sunnyvale headquarters are part of the acquisition.

With this acquisition, Verizon is put in a highly competitive position as the top global mobile media company.

3. Microsoft and Linkedin

This merger probably was talked about the most in the market. It created a buzz not only in the domestic market but in the global market as well. The deal is said to be inked with the price tag of $26.2 billion, which by far is one of the largest acquisition till date.

With this deal Satya Nadella, Chief Executive Officer of Microsoft hopes to open new horizons for both the organizations.

Samiksha Jain

Former Staff, Entrepreneur.com

Business News

A Non-Profit Newspaper Published a Column Criticizing Facebook. Then Meta Blocked All of Its Posts.

Facebook's communications chief said that the posts were removed because of "a mistaken security issue."

Business News

Walmart Shoppers May Be Eligible for $500 After Settlement

Walmart shoppers who purchased weighted goods or bagged citrus in the U.S. or Puerto Rico from late 2018 through early 2024 might be eligible for a share of a $45 million settlement.

Business News

Total Solar Eclipse 2024 Live Feed: Where, When and How to Watch the 2024 Eclipse

Here's what to know about the total eclipse 2024 and a live stream from NASA.

Franchise

Looking for a Spotless Investment Opportunity? Discover the Best Cleaning Franchises to Own in 2024.

From sparkling floors to polished windows, clean your way to success with the best cleaning franchises, according to the 2024 Franchise 500 Ranking.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Wipro Generated 25% More Profit In 4 Years Compared To Previous Period: Thierry Delaporte

The CEO and MD resigned from his post and would be succeeded by Srini Pallia who was the CEO for America, Wipro's biggest and fastest growing strategic market