• Top Global Technology Hubs of 2015

    by Caifu Global

    Earlier this year, San Francisco-based think tank Compass Group published its Global Startup Ecosystem Report, an exhaustive comparison of the top twenty global tech locales. The group consulted with industry leaders from 25 countries, conducting 200 interviews and 11,000 surveys to compile the list.

  • Technology M&A at Dizzying Heights Not Seen in 15 Years

    by Caifu Global

    Asia in particular has contributed to the rise in M&A activity.  A third quarter report by the Merger Market Group calculated that China accounted for 288 deals worth US$62.2-billion.  This includes a plan for Jason Jiang’s Focus Media Holding Ltd., a Shanghai display advertising firm, to list on the Shenzhen Stock Exchange by completing a reverse takeover of Hedy Holding Company in a deal valuing Focus at US$7.2-billion.  Should this backdoor listing transaction occur, it will mean Mr. Jiang and his private equity investors, notably the Carlyle Group and Fosun International Ltd., made the right decision in May 2013, when they decided to take Focus private and delist its shares from Nasdaq in one of China’s largest leveraged buyouts.  At that time, the going-private transaction valued Focus at US$3.7-billion.

  • Will Google’s Restructuring Be as Easy as ABC?

    by Caifu Global

    Now, Google is in the midst of a corporate restructuring by forming Alphabet, Inc., an umbrella company that will include Google Inc., Google Ventures, Google Capital and Google X research lab. Google will officially become Alphabet later in 2015, but at press time, the company has not disclosed specifically when this transition will happen.