Articles about acquisition

Seven months after it was first announced, Xerox Holdings Corporation says it has finalized its acquisition of Lexmark International in a $1.5 billion deal. The transaction, which includes net debt and assumed liabilities, closed on July 2, 2025. This move is part of Xerox’s broader efforts to evolve its business in a bid to stay relevant as work environments continue to shift in a post-Covid world.

The deal brings together two print giants with long-standing reputations in the industry.

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OpenAI is officially buying Jony Ive’s hardware startup, io, for more than $6 billion. Yes, you read that right. The folks behind ChatGPT are now writing checks to bring legendary design talent and a brand-new product lab into their orbit.

Sam Altman and Jony Ive have apparently been quietly plotting this partnership for years, according to their announcement. What started as casual brainstorming and a bit of creative daydreaming apparently turned into “tangible designs” that both parties think could change the way we interact with computers.

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Corsair has announced its plan to acquire the Fanatec Sim Racing brand, a key player in the racing simulation industry, from Endor AG. The deal, structured as an asset purchase, is expected to finalize within the coming week. Fanatec, which operates out of Landshut, Germany, specializes in a wide array of Sim Racing products, including advanced force feedback steering wheels, pedals, shifters, and other accessories designed for PlayStation, Xbox, and PC platforms. Endor reported Fanatec’s sales for 2023 to be roughly $110 million, though the figures remain unaudited.

Andy Paul, Corsair's CEO, expressed his enthusiasm for the acquisition, saying, "We’ve admired the Fanatec brand for many years, and we're excited to bring them into the Corsair family. With our established supply chain and logistics capabilities, we aim to reduce costs, improve customer service, and enhance sales opportunities to steer the brand back to profitability." Paul further explained that Corsair intends to preserve Fanatec’s operations in Landshut, using it as a development hub for Sim Racing products while leveraging Corsair’s expertise in product innovation.

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Google has announced its acquisition of Cameyo, a company known for its virtual application delivery (VAD) technology. This move is part of a broader strategy by the search giant to enhance ChromeOS by making it easier to manage and access legacy applications through the cloud, moving away from traditional desktop-based environments.

A Forrester Consulting study, commissioned by Google, indicates a shift towards web-based computing, with 90 percent of IT leaders envisioning future applications primarily residing in the cloud. Despite this trend, the study reveals that 50 percent of applications are still client-based, highlighting a gap that VAD technology aims to bridge.

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Rumors have been swirling lately that HP was planning to release a laptop running the Pop!_OS operating system. Today, System76's CEO Carl Richell shared on Twitter that this is absolutely happening -- a 14-inch developer-focused notebook called "Dev One." While this is good news for the Linux community overall, it is quite curious. After all, System76 doesn't just maintain the Pop!_OS operating system, it sells computers running the distribution too. In other words, HP and System76 are competitors in the hardware business.

So, what does this tell me? Well, it is purely speculation, but as the old adage says, "where there is smoke, there is fire." And so, it is safe to assume that HP acquiring System76 could be a possibility in the future -- if this new relationship pans out at least. HP could be testing the waters with the upcoming Dev One. Keep in mind, System76 does not even build its own laptops, so we could see the company leave the notebook business and focus on desktops only -- let HP handle the Pop!_OS laptops.

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