Fraja Maroc Blog

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Foxconn buys peripheral maker Belkin for $866M

Foxconn, best known for manufacturing practically everything in the world, has just announced the purchase of Belkin, the PC peripherals company, for $866 million in cash. That certainly makes it one of the larger consumer electronics acquisitions in recent memory. You probably know Belkin for its various lines of accessories, peripherals, and assorted consumer electronics;…

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How Alibaba and Tencent turned Asia’s most spirited dealmakers

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business…

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Are we witnessing a ‘fresh hotfoot for Africa’?

The world’s most powerful nations are once again competing for the control of the abundant natural resources of the African continent. Some analysts describe this phenomenon as a « new scramble for Africa » in reference to the first « scramble for Africa », which took place between 1881 and 1914 and resulted in powerful European nations dividing, occupying and colonising…

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Foxconn snaps up Belkin—including Linksys, Wemo brands—for $866 million

Enlarge / Billionaire Terry Gou, chairman of Foxconn Technology Group, holds a « FOXCONN » Wisconsin license plate during an event in Racine, Wisconsin, U.S., on Friday, Nov. 10, 2017. The agreement grants the electronics giant $3 billion in tax incentives for a massive manufacturing campus in southeastern Wisconsin. Daniel Acker/Bloomberg via Getty ImagesFoxconn, the famed Taiwan-based…