Chip giant Intel expands its manufacturing capabilities, and spends billions to acquire specialised chip manufacturing expert Tower Semiconductor
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
Just Eat Takeaway Chief Says No Plans To Sell Grubhub
Just Eat Takeaway chief executive Jitse Groen says plan to delist from Nasdaq does not indicate intention to sell Grubhub, amidst pressure on shares
Microsoft Mulls Mandiant Purchase To Bolster Security – Report
Shares in Mandiant rise amid report that software giant Microsoft is considering a purchase of the veteran cybersecurity specialist
Nvidia’s $40bn Purchase Of ARM Holdings Collapses
Softbank and Nvidia confirm termination of controversial $40bn purchase of UK's ARM, which now has new CEO ahead of initial public offering
CMA Fines Meta A Second Time Over Giphy Order
UK watchdog fines Meta a second time, as Facebook again fails to inform the CMA about 'material changes' to its Giphy Purchase
FTC To Review Microsoft Activision Buy, As Sony Acquires Bungie
Sony spends $3.6 billion to acquire Halo and Destiny developer Bungie, as US regulator reviews Microsoft's deal for Activision
Citrix Merges With Tibco In $16.5bn Deal
After years of activist shareholder pressure, Citrix is being acquired by a private equity group and will then be merged with Tibco
Priti Patel Approves Extradition Of Autonomy Founder Mike Lynch
Bad news keeps coming for co-founder and former CEO of Autonomy Mike Lynch, as Home Secretary approves his extradition to US
Facebook To Close Down Diem Crypto Venture – Report
End of the road for Diem (formerly Libra) digital currency, with sale reported of Diem Association to financial institution
Nvidia Preparing To Abandon $40bn ARM Acquisition – Report
Facing many regulatory probes and lawsuits, Nvidia tells its partners it is preparing to abandon its acquisition of ARM Holdings
Microsoft To Acquire Activision Blizzard For $68.7 Billion
Huge tech acquisition, as software giant seeks major expansion of its gaming credentials with purchase of leading gaming holding company
Google Continues Real Estate Push With $1bn London Office Purchase
Despite delaying staff return to its offices, Google spends £728m ($1bn) acquiring office building in London, and will increase UK headcount
FTC Antitrust Case Against Facebook Can Proceed, Judge Rules
Meta will face antitrust charges from US Federal Trade Commission, after a judge rejected attempt to dismiss amended FTC complaint
Meta Appeals Against UK Order To Sell Giphy
Facebook parent Meta is appealing against UK order to sell-off Giphy, after regulator rules the deal harms advertising competition
EU Approves Microsoft’s $16 Billion Nuance Acquisition
Six months later European regulators agree with their American counterparts and give Microsoft antitrust approval to acquire Nuance
Oracle Makes Biggest Acquisition With Cerner Purchase
Enterprise software giant Oracle makes rumoured healthcare move, with $28.3 billion purchase of medical records specialist Cerner
Oracle In Talks To Acquire Cerner – Report
Enterprise software giant Oracle is reportedly in talks for its largest ever purchase worth $30 billion, in order to acquire Cerner
LogMeIn To Spin Off LassPass As Separate Cloud Security Firm
Six years after it acquired LassPass for $110 million, LogMeIn says it will spin out the unit as a separate cloud security specialist
NSO Considers Sale Or Shutdown Of Pegasus Unit – Report
Blacklisted surveillance specialist NSO is reportedly considering selling the firm, or shutting down its Pegasus unit altogether
Government Issues Warning, After Altice Increases BT Stake
French telecoms group founder Patrick Drahi increases stake in BT from 12 to 18 percent, as UK government warns of possible intervention
EC Gathers Feedback On Microsoft’s Nuance Buy, Despite US Approval
European antitrust regulators are gathering competition data on Microsoft's purchase of Nuance ahead of 21 December decision deadline
FTC Sues Nvidia To Block ARM Acquisition
US Federal Trade Commission sues Nvidia to block its acquisition of the UK's ARM Holdings, stating it will “stifle next gen technologies”
Meta Ordered To Sell Giphy By British Regulator
But will Zuckerberg obey? The UK's CMA watchdog orders Facebook to sell Giphy, after concluding deal could harm UK advertisers
Apple To Use Own iPhone 5G Modem Design In 2023 – Report
Bad news Qualcomm. Team up with TSMC will see Apple utilise its own 5G modems for future iPhones, according to media report
Vonage Sold To Ericsson For $6.2 Billion
VoIP pioneer Vonage acquired by Ericsson for $6.2 billion, as Swedish giant looks to bolster wireless portfolio for enterprises
UK Orders Full Investigation Of Nvidia’s ARM Acquisition
Final nail? UK orders full national security investigation of Nvidia's proposed acquisition of British chip designer ARM Holdings
Toshiba Plans To Break Itself Up Into Three Units
Toshiba outlines plans to break itself up into three different units after years of governance scandals, but scheme faces challenge from investors
US Senate Looks To Limit Big Tech Companies’ Acquisitions
Bill introduced in US Senate would make it easier for regulators to block deals they see as anticompetitive by placing burden of proof on big tech firms
Huawei To Offload Server Division – Report
Chinese technology giant Huawei Technologies reportedly in talks to sell its x86 server business due to the ongoing US blacklist
EU Regulators Open Investigation Of Nvidia’s ARM Acquisition
Setback for Nvidia, as the European Commission confirms full-scale investigation into purchase of British chip designer ARM Holdings