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Canon Wins Bid for Toshiba’s Medical Unit

Canon recently gained exclusive negotiating rights for Toshiba Corp’s medical equipment after winning a bidding war. Canon’s winning offer was more than $6 billion, an amount significantly higher than initially estimated. According to Nikkei Business Daily, Canon not...

Amazon Pens Leasing Deal for Air Delivery

Amazon recently announced it has signed a deal to lease 20 aircraft to handle its deliveries in the USA. The lease is set to last 5-7 years, the lessor being Air Transport Services Group Inc. In 2014, the company spent$8.7 billion on shipping alone while relying on...

Valeant Pharmaceuticals Adds Board Members

Valeant Pharmaceuticals, which is currently being questioned by Congress and investigated by federal law enforcement agencies for allegedly buying old drugs and raising their prices, has added three new members to its board: Stephen Fraidin, vice chairman of Pershing...

IBM Watson to Purchase Truven

IBM Watson is expected to purchase Truven Health Analytics for upwards of 2 billion dollars. IBM Watson is looking to leverage Truven’s large health data from thousands of hospitals, businesses, and state and local governments across the globe. This acquisition should...