‘Mitel and Avaya are talking about taking over $2 billion.’
Telecommunications equipment manufacturer Avaya Holdings would be in talks with competitor Mitel Networks to merge. This would amount to USD 2 billion (EUR 1.8 billion). That's what insiders say about the Wall Street Journal.
According to those insiders, Mitel offers between 20 and 22 dollars per s... Read more
Microsoft was worth a trillion dollars for a moment thanks to the cloud
Microsoft was yesterday, for a moment, the third company ever to see its market capitalization exceed trillion dollars. The company's value increased after it announced its third fiscal quarter figures, and exceeded those expectations.
The company reported a profit for certain costs as share compen... Read more
Slack takes first step towards IPO in the U.S.
Slack, creator of business communication and collaboration tools, has submitted documents to the Securities and Exchange Commission (SEC) for an IPO later this year. The company has been in existence for five years now.
In August, Slack raised another $427 million in funding during an investment rou... Read more
Slack is considering unusual IPOs similar to Spotify.
Slack wouldn't intend to take the beaten track to the stock market. The company would like to be listed directly on the stock exchange and if it really does, it will be the second major tech company to follow this route.
That's what the Wall Street Journal says based on sources within the company. T... Read more
Microsoft briefly overthrew Apple as the world’s most valuable company
For the first time in years, Apple has given up its crown as the most valuable company in the world. On Monday, Microsoft briefly adopted that title, reports Bloomberg.
In recent weeks, Apple's shares have fallen sharply, causing it to lose approximately $300 billion in market value. As a result, t... Read more
Startup Cloudflare is considering an IPO.
Rumor has it that Cloudflare is planning to go through the stock market. The network service provider is expected to go public as early as the first half of 2019. It is estimated that the company is valued at $3.5 billion.
The generally reliable Reuters press agency reports this on the basis of peop... Read more
Shares of Elasticsearch almost double at IPO
The shares of the enterprise search engine Elasticsearch increased by 94 percent during the first trading day after the IPO of the company. The company had put the price of its shares at 36 dollars for its debut on the New York Stock Exchange. The shares were worth 70 dollars last week after the deb... Read more
SurveyMonkey books good IPO results
SurveyMonkey, the company known for the tools it offers for online surveys, raised $180 million at the time of its IPO. In the end, shares were more expensive than the company had originally thought. Yet there is something striking about the IPO.
SurveyMonkey was founded two decades ago. The company... Read more
Analysts warn of financial results of chip manufacturers
Once again, a stock market analyst warns against investing in chip manufacturers. Chris Caso of investment company Raymond James has downgraded the sector. He did this following discussions in Asia with suppliers of smartphones, computers and network products, among other things.
Based on the interv... Read more
Co-founder ethereum: Days of explosive growth are over.
The crypto-currency market will no longer experience strong growth. That's what the co-founder of ethereum thinks. Vitalik Buterin tells us that the time of explosive growth is most likely over and that investors should rather assume that the blockchain market is stabilising.
Buterin told the press ... Read more