Atos wants to rid itself of legacy and debt
Atos is in the process of splitting up and appears to have found a buyer for its legacy division. This would put the company's transformation on a trajectory similar to that of IBM's 2021 spin-off of Kyndryl.
The French IT provider came up with Eviden, a subsidiary that held together security an... Read more
Will SoftwareOne be sold to Bain Capital?
A takeover of SoftwareOne by Bain Capital is getting closer and closer. Last month Bain Capital made an unsolicited takeover offer on SoftwareOne, which was declined by the board, now Bain Capital has done a substantially higher offer. SoftwareOne announced it has received the second offer, but is ... Read more
SAP wants to divest Qualtrics: $12.4 billion offer comes in
US investment firm Silver Lake and Canadian pension fund CPPIB have made a bid for SAP subsidiary Qualtrics. They have $12.4 billion (11.6 billion euros) left for the customer experience (CX) player.
This follows an announcement to stock market regulator SEC. SAP announced earlier this year that... Read more
Zendesk investor Light Street aims to block acquisition and oust CEO
A significant Zendesk stakeholder intends to fight a prospective acquisition and proposed a billion-dollar alternative to keep the business apart.
Zendesk recently announced it would be acquired by a consortium of investors. Light Street, one of its major stakeholders, has announced it will vote... Read more
Elon Musk unveils $46.5 billion financing package to fund Twitter bid
But the tech billionaire faces stiff resistance from Twitter's Board of Directors
Elon Musk has unveiled a $46.5 billion financing package to fund his takeover bid for Twitter, according to the Financial Times. The announcement comes as he pushes ahead with a deal that would be one of the larges... Read more
Deutsche Telecom reviewing bids to sell a stake in its mobile towers
The telco could sell a minority or a majority stake, sources said.
Deutsche Telekom is reviewing proposals to sell a majority or minority stake in its towers business, according to a report in Reuters. They are choosing from a slew of financial and corporate investors that have approached the G... Read more
CM.com expands portfolio with acquisition of TraceDock
Monitoring who visits your website and when, and being able to do something with that, is obviously very important for many companies. However, all kinds of built-in tools in browsers make this increasingly difficult. With the solutions of the Dutch TraceDock you can do this. Today CM.com, a Dutch ... Read more
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 ... Read more
Xerox pauses HP takeover attempts due to corona virus
Xerox's attempts to take over HP, which in the meantime turned into a hostile takeover, have been halted until further notice. The company's attention could be better focused on the problems surrounding COVID-19.
According to Xerox, the escalating COVID-19 pandemic makes other issues more import... Read more
HP again refuses Xerox bid and claims undervaluation
After another attempt to charm HP with a $24 billion financing commitment, Xerox again received a negative response. According to HP, an important element surrounding a potential collaboration was not properly understood.
For some time now, Xerox has been addressing HP shareholders directly, hop... Read more