Browsing Tag
acquisitions
2 posts
Acquisitions can nix existing partnerships
Credit: Pixabay/CC0 Public Domain Business alliances are valuable because they help companies supplement critical skills, enter new markets, and gain competitive advantages. In the pharmaceutical industry, strategic alliances are common because they help companies reduce risks and share the large R&D costs of bringing new drugs to market—like the partnership of Pfizer and BioNTech on
Startup acquisitions in African tech grow by 41% in Q3 2022
The African tech industry is facing a funding drought and this comes after years of increased investment to startup companies across the continent. The taps are beginning to slow down. Although more innovators are birthing startups across the continent, late-stage startups—including Kuda, 54gene, Marketforce, Sendy, Twiga, Vezeeta, and Wave—have announced double-digit percentage-point layoffs in the