Uber Technologies Inc
It is difficult for us to imagine what life would be like without Uber! The app lets users catch a ride with the click of a button. Travis Kalanick and Garrett Camp came up with the idea in 2009. It has come a long way since then! Now a multi-billion dollar company, it is a household name not only in the United States but also in other parts of the globe. In 214, a Chinese internet company called Baidu Inc. invested north of $600 million in the hopes of helping its expansion into China. It was a mutually beneficial move since it allowed Baidu to use the app to grow its own mobile payment service. We are glad that it worked out!
Uber Technologies Inc
OmniVision Technologies Inc
OmniVision Technologies Inc. and Will Semiconductor Co. Ltd entered a partnership so quietly that the public did not hear about it until an entire year later. When the story broke out in April 2019, they had already entered transactions worth over $2.1 billion. Since they did things so lowkey, we do not know a lot of the details that surrounded the sale. However, we do know that OmniVision first started talking with Chinese investors in 2015. This was around the time when a couple of Chinese companies teamed up to purchase the California-based company for $1.9 billion. People are still baffled why an unknown Chinese company like Will Semiconductor Co. Ltd decided to take over it.
OmniVision Technologies Inc
