Apax Funds and Warburg Pincus to acquire T-Mobile Netherlands
The transaction values the company at an Enterprise Value of €5.1bn.
Apax Funds and Warburg Pincus have agreed to acquire T-Mobile Netherlands Holding B.V. from Deutsche Telekom AG and Tele2 AB. They announced the deal in a press release this week.
T-Mobile is a leading European telecommuni...
Analysts point out challenges in Western Digitals plan to buy Kioxia
A possible Western Digital-Kioxia merger could create a NAND memory chipmaking company to rival Samsung. However, analysts question whether Kioxia investors will accept the terms of the $20-billion deal, which Western Digital wants to pay in all stocks.
There will be no cash provided to Kioxia, ...
Palo Alto Networks is no longer looking for more large mergers and acquisitions
Palo Alto Networks is not planning to make any large acquisitions after spending $3.46 billion on 12 acquisitions since 2018.
According to Chairman and CEO Nikesh Arora, the Santa Clara, California-based security vendor has had to be more careful when checking out acquisition targets since it al...
‘Mailchimp considers €8.5b+ sale’
Mailchimp is considering a sale, according to Bloomberg. The marketing platform provider could be valued at more than $10 billion (€8.5 billion).
According to people familiar with the matter, Mailchimp is attracting interest from private equity firms and large tech companies. It is not known w...
DataRobot acquires Algorithmia, adds Machine Learning for Enterprise
The acquisition will allow DataRobot to offer leading MLOps Architecture to their Enterprise customers.
DataRobot announced this week that it is acquiring the machine learning operations platform Algorithmia. At the same time, the company is also completing a $300 million Series G funding round....
Salesforce completes its acquisition of Slack
The multi-billion dollar deal has been in the making since last year.
This week Salesforce announced it has completed its acquisition of Slack Technologies, Inc. The companies say the deal, worth $27.7 billion, will allow them to create the "digital HQ for success from anywhere".
Marc Benioff...
‘Intel wants to buy chipmaker GlobalFoundries for 25 billion euros’
Intel is very interested in chip manufacturer GlobalFoundries. This is what the Wall Street Journal reports. Intel considers an acquisition so that it can increase its production of processors.
According to sources of the business newspaper, an acquisition of GlobalFoundries would cost Intel app...
Broadcom wants to buy big data analytics company SAS Institute
The offer from chipmaker Broadcom could value SAS in the range of $15 billion to $20 billion.
Broadcom is in talks to acquire business analytics giant SAS Institute, according to a Wall Street Journal report. The purchase could be worth between $15 billion to $20 billion and a deal could come in...
HPE acquires Determined AI for their HPC portfolio
HPE recently took over Determined AI in a bid to improve their model creating abilities and make them more time-efficient.
Details of the acquisition
Hewlett Packard Enterprise has acquired a startup named Determined AI with an open-source machine learning platform used in training models fas...
IBM Acquires Turbonomic to Automate Their Clients’ Entire Enterprise
IBM recently closed on Turbonomic to aid customers in automating their enterprise with new capabilities such as ARM, robotic process automation, process mining, and AIOps.
Details about the acquisition
Turbonomic, a network performance management and application resource management software, ...
Nvidia to invest at least $100 million in UK supercomputer
CEO Jensen Huang revealed the plan for a supercomputer in the UK and said there is more to come.
Nvidia's chief executive officer said the company will spend at least $100 million on a supercomputer in the United Kingdom, Reuters reported. Speaking at The Six Five Summit, CEO Jensen Huang said N...
FireEye sells products business and name, continues as Mandiant
FireEye ceases to exist. In its current form, that is. The company is selling its FireEye product portfolio and its name to a consortium led by Symphony Technology Group. It will continue with only the services from its Mandiant division. The sale is an all-cash transaction of $1.2 billion.
The ...