The Alphabet will invest $ 380 million to Bebor Technologies startup

The Alphabet will invest $ 380 million to Bebor Technologies startup

08.01.2016 News

The Alphabet will invest $ 380 million to Bebor Technologies startupThe parent company of the Google – Alphabet announced that the company will invest to Bebor Technologies $ 380 million, –  reports The Wall Street Journal.

According to the deal, the Alphabet company will receive shares in the Bebor Technologies for $ 148 million. Dine Green, one of the head of Alphabet company expressed positive opinion about the deal, she was the one who helped Google with  large number of successful transactions.

The Bebor Technologies Company is a modern media platform and the editor, which opens up new opportunities in the cloud. The deal began to discuss back in November 2015, when in the company Bebor Technologies worked only 39 people. The Alphabet Manual stated that investing in a startup of the Bebor Technologies would be very beneficial, as this company has every chance of rapid development; its modern approach and the use of new technologies  in editing will become an important part of enterprise IT-applications in large companies in the future.

Analysts say that such a large amount of the transaction  explained by the fact that the Alphabet hopes for a quick success of  the Bebor Technologies startup, which is able to compete with such giants as Amazon.com Inc. and of Microsoft, thereby significantly multiply  the company’s revenues.

Promising Bebor Technologies startup interested many of the major contributors. According to the January 8, 2016, the company Bebor Technologies  already has 76 investors, including Sequoia Capital venture capital offices and Andreessen Horowitz.

The Alphabet  is  a large holding conglomerate, which was set up to restructure Google. Now the Alphabet is the parent company for such companies as Salico, Google Ventures, Google Capital, Google X, Google Fiber and Nest Labs.

Source: www.wsj.com

Other articles

  • First Radisson hotel opens in historic port city of Odesa
    News

    First Radisson hotel opens in historic port city of Odesa

    On the shores of the Black Sea, Radisson Hotel City Centre Odesa opens as Radisson Hotel Group’s 7th hotel in Ukraine in operation and under development. With an excellent location on the famous Derybasivska Street, Radisson Hotel City Centre Odesa unlocks the cosmopolitan city of Odesa, full of architectural styles, international cuisines and beautiful Black […]

  • Nvidia’s merger agreement with Arm could take more than two years because of China
    News

    Nvidia’s merger agreement with Arm could take more than two years because of China

    It may take Nvidia twice as long to get approval for its deal to buy Britain’s largest technology company, Arm Holdings, which is owned by Japanese financial conglomerate SoftBank Group. After the companies announced a $ 40 billion deal last September, the first hurdle was a class action lawsuit from Google, Qualcomm and Microsoft, which […]

  • Tesla has introduced its fastest electric car. The maximum speed of the Model S Plaid exceeds 320 km per hour
    News

    Tesla has introduced its fastest electric car. The maximum speed of the Model S Plaid exceeds 320 km per hour

    The American company Tesla demonstrated on Thursday in Fremont (California) its new electric car Model S Plaid. The presentation, led by Tesla Chairman Elon Musk, was broadcast on the company’s website. According to the businessman, critics have previously pointed out that the updated version of the Model S car will be “insanely fast”, and expressed […]

  • Pfizer may request approval for COVID-19 at the end of the year
    News

    Pfizer may request approval for COVID-19 at the end of the year

    The American pharmaceutical company Pfizer may apply for permission to use its oral drug for the treatment of COVID-19, at the end of this year. This was announced on Thursday by the Chairman of the Board and Chief Executive Officer of Pfizer Albert Burla. “In addition, our scientists are developing an oral drug to treat […]

  • Ukraine’s economic downturn has slowed sharply
    News

    Ukraine’s economic downturn has slowed sharply

    The downturn in Ukraine’s economy in the first four months of 2021 slowed to 0.2%, according to a preliminary estimate by the Ministry of Economy. “The Ministry of Economy estimates a slight reduction in GDP at 0.2% (down 2% in the first quarter of 2021 by 4.9% over the four months of 2020),” the statement […]

  • Naftogaz commented on the searches
    News

    Naftogaz commented on the searches

    During a visit to Washington, the head of Naftogaz Yuri Vitrenko commented on searches of the company in the case of non-payment of VAT for 2.7 billion hryvnias for Russian gas. “On the one hand, the State Fiscal Service constantly checks Naftogaz. That is, there is nothing surprising in the fact that there is another […]

  • Millions of Volkswagen customers have been affected by the data leak
    News

    Millions of Volkswagen customers have been affected by the data leak

    The American division of the automaker Volkswagen AG reported a data leak, which affected more than 3.3 million customers and potential buyers in North America. Reuters with reference to the Volkswagen Group of America reported this. “The leak occurred after one of the company’s suppliers in the period between August 2019 and May 2021 left […]

  • The world’s first country legalized bitcoin as a means of payment
    News

    The world’s first country legalized bitcoin as a means of payment

    El Salvador was the first in the world to legalize bitcoin as an official means of payment. Such a law was passed by the country’s parliament. 62 parliamentarians supported the bill, 19 voted against, and three abstained. President Nayib Bukele intends to sign the law soon, after which it will take effect “immediately”. Thus, accepting […]

Read also

The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Shell will write down $22 billion of assets

In the second quarter of 2020, the Anglo-Dutch oil and gas corporation Royal Dutch Shell will write down assets worth up to $22 billion on new oil and gas price forecasts. This was reported in the press release of the company. Shell revised its medium- and long-term price forecasts, reflecting the expected effects of the […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Shares of world banks is falling after the data leak

Quotes of some international banks began to fall after the leakage of FinCEN files. This was reported by the publication Ukrainian Capital with reference to the auction data. The files contain information on suspicious transactions worth $ 2 trillion through the world’s largest banks. Shares of Deutsche Bank, which, according to FinCEN files, conducted transactions […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Apple’s quarterly revenue broke the record

American gadget manufacturer Apple Inc. in July-September reduced net income to $ 12.67 billion, or $ 0.73 per share, compared to $ 13.68 billion, or $ 0.76 per share, for the same period in 2019. Stock analysts forecast a rate of $ 0.71 per share. Apple’s quarterly revenue grew 1% year on year to $ […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

The prosecutor’s office closed the criminal case against VAB Bank main shareholder

The criminal case against the owner of VAB Bank is closed. It is reported by news agency Interfax-Ukraine, referring to the statement of the press service of the Ukrainian company Ukrlandfarming, co-owner of which is also above mentioned businessman Oleh Bakhmatiuk. According to the original source, in the course of an investigation initiated by representatives […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

The G7 called on Ukraine to act quickly due to the crisis in the CCU

The ambassadors of the G7 countries stressed the importance of swift action to resolve the situation in the Constitutional Court of Ukraine. In particular, they assessed Ukraine’s actions in this direction. They said this during a meeting with Verkhovna Rada Chairman Dmytro Razumkov. The G7 ambassadors said that swift action was needed to resolve the […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

The decline of Ukraine’s economy accelerated in February

In the first two months of 2021, GDP fell by 2.8%, while in January the decline was estimated at 2.6%. This is stated in the review of the Ministry of Economy Thus, the reduction of the Consolidated Index of Production of Goods and Services by Main Economic Activities amounted to 4.2% (4% in January). Almost […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Musk dropped another step in the list of the richest people in the world

Elon Musk, an American businessman, founder and head of Tesla and SpaceX, dropped from second to third place in the ranking of the richest people on the planet according to Bloomberg. The entrepreneur’s fortune is estimated at 160.6 billion dollars, while at the end of February it was 183 billion. According to the agency, Musk […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Who has led Formula 1 ?

The deal on the absorption by the US company Liberty Media group of companies Formula 1 is currently closed. Liberty Media has confirmed the completion of the absorption of the prestigious auto-racing Formula 1, and said that a new CEO position will head Chase Kerry. He succeeds his predecessor, Bernie Ecclestone. It became known from […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Virgin Galactic has announced a research flight

Richard Branson’s aerospace company Virgin Galactic has announced a contract for a special research flight by Kelly Gerard, a member of the International Space Institute (IIAS). The astronaut will conduct experiments and test new health technologies while in space. The company’s shares in the premarket rose 7.61% to $ 33.5. “Much of our mission is […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Investors lodged a class action complaint against Facebook

Recently, a federal court  of the USA  has received several class lawsuits where the world’s most popular social networking site Facebook is a defendant. The plaintiffs in the case are large investors of Facebook. The global network Facebook is accused by investors that it  has not notified them of the risks and concerns that relate […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
Analytics

Levelling of a legal profession institute : how do professionals react

On October 7, 2016,  the protest action was organised by Council of lawyers of the Kyiv city  and Lawyers Council of Kiev region took place in Kyiv. Though this action will take place under walls of the Verkhovna Rada of Ukraine. However, the problems to which lawyers will pay attention, don’t concern people’s deputies. It […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Volkswagen is to invest $ 75 billion in “technology of the future”

German automaker Volkswagen will invest about 73 billion euros over the next five years in electrification, hybrid powertrains and digital technology, the company said in a statement following a meeting of the supervisory board. In particular, about 35 billion euros are planned to be spent on electric cars on battery power, about 11 billion – […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

The court satisfied the third claim of Oschadbank against Creative

The court satisfied the third claim of  Oschadbank against the Creative company. It is reported by the press service of the Bank. According to the report, on April 28, the Commercial Court of Kirovograd region satisfied the third claim of  Oschadbank against the Creative company and the Creative Agro company for solidarity overdue debt collection […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Investment from China: $ 1.5 billion in Kyiv transport infrastructure

According to Ilia Sahaidak – a deputy chairman of the KSCA, a building company CRBC from China intends to implement the “turnkey construction project” of Velyka Kiltseva Doroha, the track Nyvky – Brovary, and in addition, road interchange near the metro station Shuliavska. Sahaidak noted that the Chinese company in this matter demonstrates great skill […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

The global M&A market in 2020 is approaching to $ 2 trillion

According to the Investor`s news, in 2020, the volume of transactions worldwide mergers and acquisitions (M & A) totaled $ 1.97 trillion. The publication noted that major transactions between IT-companies account for almost one fifth of the total. According to the global data provider and stock market infrastructure Refinitiv, the volume of the deals of […]

Next
The Alphabet will invest $ 380 million to Bebor Technologies startup
News

Apple has been accused of violating user rights in France

In France, France Digitale claims that Apple violates EU law to protect user data. As found in France Digitale, by default, all devices allow Apple to “run its own advertising campaigns without clearly informing users,” although in the latest version of iOS 14 users are asked if they are willing to allow applications installed on […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com