M&A

Cityneon buys US animated figures design firm in S$50m deal

CITYNEON Holdings, which delisted from the Singapore Exchange (SGX) last February, has acquired US-based animated figures design firm Animax Designs in a deal worth about S$50 million, The...

Uber nears deal for self-driving car simulation startup: report

[BENGALURU] Uber Technologies Inc is in advanced negotiations to acquire Foresight, a startup that develops simulation software, The Information reported on Monday citing a source familiar with...

Daikin Singapore buys building management systems firm BMS for S$12.9m

DAIKIN Singapore has bought over local building management systems firm BMS Engineering and Trading for S$12.9 million, and does not rule out more acquisitions as it anticipates growing demand...

oBike investor and local startup Anywheel make play for Mobike

BIKE-SHARING firm Mobike could have its global operations outside China snapped up by two Costa Rican brothers, The Business Times has learnt. They lead an investment firm that last September...

Tech behind record PE, VC deals in 2016

TECH continues to be the top sector attracting investments this year.

IPOs the dominant exit for startups; but S'pore lagging in this

INITIAL public offerings (IPOs), not mergers and acquisitions (M&A), form the dominant exit outcome for startups - and on this Singapore's track record has come up short.