8chan/8kun QResearch Posts (1)
#14782739 at 2021-10-14 08:13:54 (UTC+1)
Q Research General #18698: Did you know about Judge Brian Amero? Corrupt Edition
>>14782720
60. Boston-Power Inc
Headquarters: Westborough, MA
Bought By: Chinese Government
Headquarters: Beijing
When Boston Power moved 90% of its operations from Westborough to Beijing, the local staff were understandably put out. While the company had applied for a grant from the US government, it was denied. As a result, the Chinese government stepped in and bailed the company out with $125 million.
Boston-Power Inc. @akkuplus / Pinterest.com Boston-Power Inc. @akkuplus / Pinterest.com
Boston Power moved production to China so that it could continue to work on batteries for electric cars. There is still a headquarters in Westborough, but all decisions are made in Beijing where the board members are located. The founder of the company left within a year of the deal being struck.
61. OmniLytics Inc
Headquarters: Salt Lake City
Bought By: Phagelux
Headquarters: Shanghai, China
The world of phage-based antibacterial products is a complex one, but thankfully OmniLytics know what they're up against. The company was purchased by Phagelux in 2015. The company first caught the eye of the Shanghai-based powerhouse with its agricultural pathogens.
OmniLytics Inc @JoeProduce / Facebook.com OmniLytics Inc @JoeProduce / Facebook.com
It was a partnership of two halves, with Phagelux opening up the Asian market to OmniLytics while OmniLytics could offer a marketing platform for Phagelux's products in the United States. It's not clear how much the purchase was, but given the nature of the business it would've likely cost Phagelux a impressively high amount.
62. Ironshore Inc
Headquarters: New York, New York
Bought By: Fosun International Ltd.
Headquarters: Shanghai, China
Back in early 2015, China's Fosun International Ltd. bought 20% of Ironshore Inc, but as the months began to tick by, they decided to go for the full ticket. By the end of the year, they purchased the rest of the company.
Ironshore Inc @IronshoreInc / Twitter.com Ironshore Inc @IronshoreInc / Twitter.com
"Ironshore is pleased to jointly announce the completion of the merger transaction with Fosun, which will enable us to continue to build upon our international specialty platform and enhance our global brand," said CEO Kevin H. Kelley. Two years later in 2017, Liberty Mutual bought Ironshore. As of 2020, it remains the sole owner.
63. International Data Group
Headquarters: Framingham, MA
Bought By: Oceanwide Holdings, IDG Capital
Headquarters: Beijing
Media, events, and research company International Data Corp has focused on the technology industry since 1964 when it was founded by Patrick Joseph McGovern. The company owns several brands including PCWorld, InfoWorld, and ComputerWorld.
International Data Group @PAS.ORG / Facebook.com International Data Group @PAS.ORG / Facebook.com
In 2017 a deal was made when Beijing's Oceanwide Holdings bought the company for an unknown amount. "We see great possibilities ahead as China Oceanwide will invest in IDG's business to drive growth across all three of IDG's valuable assets - IDC, IDG Communications, and the IDG Ventures portfolios," said IDG Chairman Walter Boyd. "We believe China Oceanwide will provide the right financial, strategic, and cultural resources to take IDG to greater heights."