Monday, August 12th, 2019

Cisco Intends to Acquire Voicea
Press Release

The technology company announced its intent to acquire the voice search, and meeting transcription company.

According to a Cisco press release, the deal will help boost its Webex portfolio of products to provide artificially intelligent transcription services to turn meetings into “digital meeting notes and insights”.

Financial terms of the deal were not disclosed.

Farfetch Acquires the New Guards Group
Press Release

The luxury retail platform announced that it has entered into an agreement to acquire the New Guards Group, a design, production and distribution company that has exclusive licenses for several luxury labels such as Off-White, Heron Preston, and Palm Angels.

According to a press release, the $675-million cash and stock deal looks to help leverage Farfetchs “global consumer base, large boutique network, significant data insights” and “expert design capabilities”.

Audi Launches an e-Scooter
Press Release

The automaker announced that it’s launching a new concept scooter called the Audi e-tron Scooter, a transportation device that combines a skateboard with an electric scooter.

The company stated that production and sales are expected to roll out by late 2020.