Despite reports deal would be approved, European regulators hand Amazon statement of objections to iRobot acquisition
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
Amazon Set To Win EU Approval For iRobot Purchase – Report
After UK approval, European antitrust authorities look set to give unconditional approval for Amazon to purchase iRobot
Broadcom Expects To Complete $61bn VMware Deal On Weds
Broadcom expects to complete $61bn VMware acquisition on Wednesday after triggering antitrust probes around the world
Newport Wafer Fab Sold To US Buyer For $177m
Vodafone To Exit Spain With Sale Of Spanish Arm To Zegona
Mobile giant confirms it will sell Vodafone Spain to Zegona for $5.3 billion (£4.4bn), in another restructuring move by new CEO
Western Digital To Split Into Two After Walking Away From Kioxa Merger
Western Digital to split into flash memory and hard disk companies after walking away from stalled merger talks with Kioxa last week
Silicon UK Pulse: Your Tech News Update: Episode 23
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 20/10/2023.
Microsoft Completes $75bn Activision Blizzard Buyout
CMA criticises Microsoft's conduct during antitrust probe after structural change to deal allows it to clinch regulatory approval
UK Regulator Approves Microsoft’s Activision Blizzard Purchase
After protracted regulatory scrutiny, final hurdle removed for Microsoft's acquisition of Activision after UK grants approval
AMD To Buy AI Startup As Nvidia Battle Heats Up
US chipmaker AMD is to acquire startup Nod.ai for undisclosed amount, as AI competition against rival Nvidia ramps up
Mike Lynch Seeks Dismissal Of US Fraud Case
Founder of Autonomy, Dr Mike Lynch, files legal challenge to have US criminal fraud charges against him thrown out
SEC Seeks To Force Elon Musk Testimony Over Twitter Purchase
US regulator sues Elon Musk, alleging he didn’t comply with federal subpoena to testify on 15 September in Twitter purchase investigation
BlackBerry To Separate Business Units, Seeks IPO
Strategic review sees BlackBerry confirm it will separate its Internet of Things (IoT) and cybersecurity business units
Silicon UK Pulse: Your Tech News Update: Episode 20
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 22/09/2023.
TalkTalk To Split Into Three Companies, With CEO To Step Down
Job losses expected, as TalkTalk confirm plan to “demerge its main operating businesses” into three standalone entities
UK CMA Confirms Microsoft Compromise Satisfies Concerns
UK competition regulator indicates Microsoft/Activision compromise addresses previous CMA concerns in cloud gaming
Cisco Bolsters Cybersecurity Credentials With Splunk Buy For $28bn
Cisco makes one of its largest ever purchases, acquiring software and cybersecurity firm Splunk for $28 billion
Toshiba Approves $14bn Private Equity Takeover
Japanese conglomerate Toshiba set to go private after successful $14 billion offer from private equity firm JIP
Newport Wafer Fab To Cut Jobs, Blames Government Restrictions
National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues
Amazon Loses One Medical CEO After Acquisition
CEO of One Medical healthcare provider acquired by Amazon resigns, six months after $3.9 billion deal was closed
Microsoft Makes Concession To Win UK Activision Approval
Major concession from Microsoft as it seeks to win approval from UK's CMA for $69bn (£54bn) Activision Blizzard acquisition
Intel Purchase Of Tower Semiconductor Terminated, China Blamed
Intel's proposed acquisition of Tower Semiconductor for $5.4bn terminated after China failed to approve the deal
Silicon UK Pulse: Your Tech News Update: Episode 13
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 04/08/2023.
CMA Publishes Microsoft Arguments In Activision Case
UK Competiiton and Markets Authority publishes Microsoft arguments in reconsideration of Activision-Blizzard deal, calls for public comment
CMA Publishes Microsoft Arguments As It Denies Bowing To Pressure
CMA publishes Microsoft's arguments for reconsideration of Activision Blizzard deal after FTC court defeat
Microsoft, Activision Extend Deal Deadline To Secure UK Approval
Microsoft continues to pull out all the stops to secure its $69 billion acquisition of gaming giant Activision Blizzard, as deal is extended
UK Clears Broadcom’s $61 Billion VMware Purchase
Acquisition of VMware by Broadcom will not weaken competition - the UK's CMA provisionally rules this week
Sony, Microsoft Agree To 10-Year Deal For Call Of Duty
Sony, Microsoft agree to 10-year deal keeping Call of Duty on PlayStation as FTC tries to block Activision Blizzard takeover
Microsoft Blow As FTC Files Activision Appeal
FTC files rare appeal against court ruling, allowing Microsoft's acquisition of Activision Blizzard to go ahead
Europe Gives Conditional Blessing To Broadcom’s $61bn VMware Deal
European Commission conditionally approves Broadcom's proposed acquisition of VMware, after concessions delivered in May