Articles about Mergers and Acquisitions

Blockchain startup TRON acquires BitTorrent

BitTorrent and TRON logos

BitTorrent Inc says that it has been acquired by TRON, a blockchain startup, to create "the world's largest decentralized ecosystem".

There have been rumors about the acquisition for a few weeks now, but the news has now been confirmed. TRON is thought to have paid $126 million in cash for company, and the two teams will merge and pool their talent resources.

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Broadcom wants to buy Qualcomm for $130 billion

Broadcom

Broadcom today officially reveals that it wants to buy rival chip maker Qualcomm, in a deal that is currently valued at $130 billion. If Qualcomm accepts, this would be the most expensive acquisition in tech history.

Broadcom says that it is willing to pay $70 per share, $60 in cash and the remaining $10 in Broadcom shares, which represents a "28 percent premium over the closing price" for Qualcomm shares on November 2.

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Broadcom may buy Qualcomm for $100 billion

Broadcom could be on the verge of carrying out the biggest technology acquisition in history. The chipmaker is said to be planning a $100 billion bid for smartphone chip supplier Qualcomm. It is possible that the bid could be even higher.

While the deal has not been officially announced, people familiar with the matter say the offer could be just days away. If Broadcom does go ahead with the purchase of Qualcomm, it would create a $200 billion company.

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SAP buys identity management company Gigya

SAP logo

SAP has announced its acquisition of customer identity and access management firm Gigya.

Gigya’s work revolves around helping companies build digital relationships with their customers. Its platform helps businesses manage things like customer profile or preference, as well as different consent and opt-in / opt-out settings.

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Chinese investment firm buys Imagination Technologies

Mergers and acquisitions message displayed on a tablet, with a coffee cup and pen nearby

Leading UK technology company Imagination Technologies is being acquired by a Chinese investment firm in a multi-million pound deal.

CBFI Investment Limited (owned by Canyon Bridge) is shelling out £550m to acquire the hardware maker, based in Kings Langley just outside of London, the parties confirmed late last week.

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Toshiba sells chip unit to Bain Capital for $18bn

Toshiba has finally confirmed it will be selling its troubled chip unit to Bain Capital in a deal worth $18 billion.

As revealed by Reuters, the deal, the equivalent to two trillion yen, brings an end to a prolonged bidding process which has lasted around eight months, and seen Toshiba flirt with a number of major organizations as it looked to offload its memory chip division.

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HPE acquires Cloud Technology Partners

Hewlett-Packard Enterprise (HPE) has announced it is acquiring Cloud Technology Partners, a born-in-the-cloud services company. Financial terms of the deal were not disclosed.

Cloud Technology Partners helps sophisticated IT organizations move to the cloud. It does it by determining optimal apps for both public and private clouds. The company also executes migrations and help clients transform their organizations as needed.

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HPE offloads software division to Micro Focus

HPE has finalized the sale of its software division, bringing to an end one of the company's most traumatic periods.

The technology giant has confirmed the spin off of its software business in a deal with British firm Micro Focus which is valued at around $8.8 billion.

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Juniper buys security startup Cyphort

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Juniper Networks has announced plans to acquire security analytics software firm Cyphort.

By acquiring Cyphort, Juniper will have access to its open-architecture platform that features a machine learning powered analytics engine that is capable of integrating with existing security tools to aid companies in detecting threats that have been missed by their first-line of security.

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Western Digital buys cloud storage company Upthere

Cloud server

In an effort to add a cloud component to its physical storage business, Western Digital has announced that it has acquired the cloud storage company Upthere.

Upthere was founded in 2011 and its app Upthere Home appeared on the App Store and Play Store in 2015. Since then, though, little has been heard from the company and it appears as if its app had a difficult time competing against the likes of Google, Apple and Microsoft in the cloud space.

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Fujitsu wants to sell its smartphone business

Fujitsu is preparing to sell off its mobile phone operations as the company faces increasing competition from its larger rivals in the mobile phone space.

Last February, the Japanese manufacturer decided to spin off both its mobile phone and PC businesses into separate companies in an effort to differentiate its offerings.

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Microsoft buys Cycle Computing to strengthen cloud business

Microsoft has announced its plans to buy HPC company Cycle Computing in order to allow its customers to do more in the public cloud.

According to the company, the deal will enable its users to use high-performance computing as well as other "Big Computing" capabilities that will improve how they run their workloads in the cloud.

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LogMeIn buys Nanorep to offer personalized user experiences

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LogMeIn has revealed a major new deal which it says will help its services become smarter and more personalized than ever.

The privacy firm has announced that it will acquire the digital self-service, chatbot and virtual assistant company Nanorep to provide more personalized experiences for its customers.

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Facebook buys AI startup Ozlo to improve Messenger

Facebook has acquired an AI start-up as it aims to strengthen the artificial intelligence capabilities of its Messenger platform.

The start-up in question is called Ozlo. It is based in Palo Alto, California, and has roughly 30 employees, the majority of which will be joining Facebook in either Menlo Park, California, or Seattle, Washington.

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Cisco buys network security company Observable Networks

In an effort to bolster its offerings in the enterprise security space, Cisco has announced that it has acquired the company Observable Networks which provides real-time network behavior monitoring.

The terms of the deal have not yet been made public though Observable Networks value was estimated at around $16 million during its last round of funding in May of 2016.

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