Thursday, August 23rd, 2018


Barnes & Noble Acquires a Writing Services Company
Company Press Release

Barnes & Noble Education announced that it has acquired PaperRater.com, a website that offers a suite of writing services that helps its users improve their writing skills. PaperRater.com offers services that include writing revision tools, a plagiarism checker, and an AI-based auto-grading writing scoring system.

The new addition looks to strengthen the company’s offering of services to its higher education and K-12 educational customer base.

Terms of the deal were not disclosed.


AT&T Boosts its Cybersecurity Solutions
AT&T Press Release
Original Acquisition Announcement

AT&T announced that it’s acquiring AlienVault, a privately held company based in San Mateo, Calif.

According to AT&T, the acquisition will help it expand its enterprise-grade security solutions and offerings to its small and medium-sized business customers.

The transaction is expected to close before the end of September.

Terms of the deal were not disclosed.


Kraft Teams up with Oprah
Company Press Release

Kraft Heinz is teaming up with Oprah Winfrey to launch a new line of premium frozen pizzas.

Both parties recently worked on a joint venture that offered refrigerated soups and side dishes. The new pizzas will be part of the O, That’s Good! Brand.

According to a joint press release, 10% of profits will be equally split between charitable organizations Rise Against Hunger and Feeding America to support the fight against hunger.