Deals of the day - mergers and acquisitions

Thu Jan 24, 2013 3:57pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Jan 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** Inc said on Thursday that it acquired speech-recognition company Ivona Software, a sign the world's largest Internet retailer may be looking to develop more services similar to Apple Inc's Siri voice-based search product.

Amazon did not say how much it paid for Ivona and a spokeswoman declined to comment on the price.

** Real estate mogul Barry Sternlicht's Starwood Property Trust and investment firm Starwood Capital will buy LNR Property LLC, the biggest manager of distressed commercial debt, for $1.05 billion to expand into the booming market for such loans.

** BMW will deepen cooperation with Japanese rival Toyota, expanding it to areas such as joint development of fuel cells, batteries and light-weight technologies, the German luxury-car maker said.   Continued...