Wednesday, 20 May 2015

Apple buys a Nigerian-owned ICT firm for $1 billion

America giant brand, Apple,  has acquired Chinedu Echeruo's (an entreprenuer) The worth of has been compared to Israel's Waze recently acquired by Google for $1billion. The move, according to market intelligence, is seen as Apple’s plan to bolster its map offering especially given Google’s recent acquisition of Waze.

A serial entrepreneur, Echeruo, grew up in Eastern Nigeria and attended Kings College, Lagos.
He attended Syracuse University and the Harvard Business School in the United States and founded after working for several years in the Mergers and Acquisitions and Leveraged Finance groups of J.P Morgan Chase where he was involved in a broad range of M&A, financing and private equity transactions.

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