BENGALURU: US product engineering firm Aricent has acquired Bengaluru-based chip design services company SmartPlay for Rs 1,100 crore ($180 million), one of the biggest acquisitions in the semiconductor space in India. It's also Aricent's fifth and the biggest ever acquisition in the country.
WSP Global Inc. is generating the best returns among Canadian industrial stocks after setting itself up to grab a bigger slice of the $3.6 trillion U.S. construction market.
In buying Parsons Brinckerhoff Group for $1.3 billion in 2014, WSP added U.S. clients including the operator of New York’s subways. For the Montreal-based engineering firm, that means a bigger foothold in rails, bridges and ports after working on buildings such as London’s Shard skyscraper.
NEW DELHI: Snapdeal will not be naming a new chief product officer to replace Anand Chandrasekaran, who quit the company earlier this month, but will instead have its Chief Technology Officer Rajiv Mangla oversee both functions.
Chandrasekaran, who joined the Delhi-headquartered company in June last year from domestic telecom giant Bharti Airtel, left after completing barely a year at Snapdeal, and is believed to be, once again, pursuing his own entrepreneurial ambitions.
"The product vertical along with technology will roll up to Rajiv Mangla, our chief technology officer.
If a company thinks big, the capital markets will support those aspirations.
This is the amazing story of WSP Global Inc., an engineering services firm that has grown its market value by more than 15 times in less than a decade.
In the Spring of 2006, GENIVAR Income Fund was a Quebec-based engineering services firm that employed 1,150 people across 31 offices in Canada and one in the Caribbean. In its May 2006 initial public offering, it raised $110-million and its underlying business was valued at about $190-million.
Cooper Tire & Rubber (CTB)
Q1 2013 Earnings Call
May 09, 2013 11:00 am ET
Jerry A. Long - Chief Financial Officer of Cooper Asia
Roy V. Armes - Chairman, Chief Executive Officer and President
Bradley E. Hughes Hughes - Chief Financial Officer and Vice President
Aditya Oberoi - Goldman Sachs Group Inc., Research Division
Rod Lache - Deutsche Bank AG, Research Division