Bloomberg Haier Electronics Group Co. opened its first office in Israel this week, expanding its search for smart home technologies. “The decision to open an innovation center is fully aligned with Haier’s strategy: the world is our lab,” said Mr. Wang Ye, vice president and general manager of the Advanced Innovation Center in Haier’s appliance group. Not only will the ...

­­­­­­­­­­­Bloomberg HelloFresh, the meal-kit startup backed by Rocket Internet SE, is targeting a market valuation of as much as 1.5 billion euros ($1.8 billion) in an initial public offering this week, the company said in a statement. The company, which sells meal kits in 10 markets and remains unprofitable, set a price range of 9 to 11.50 euros a share. ...

Bloomberg Cisco Systems Inc. agreed to buy BroadSoft Inc. for about $1.9 billion to expand further into software and cloud services. The $55-a-share cash offer announced on Monday is a 28 percent premium over BroadSoft’s closing price on August 29, a day before Reuters reported that the Gaithersburg, Maryland-based company was working with bankers to pursue a possible sale. The ...