Chip-maker Intel on Tuesday confirmed it is acquiring Israeli contract chip manufacturer Tower Semiconductor for approximately $5.4 billion. The acquisition advances Intel’s IDM 2.0 strategy as the company further...
Persistent to buy Data Glove for $90.50 mn
IT services firm Persistent Systems Ltd said on Thursday it has entered into an agreement to acquire New Jersey-based Data Glove Inc. for a total consideration of $90.50 million. The acquisition is expected to be...
Microsoft eyeing deal to buy cybersecurity firm Mandiant -Bloomberg
Microsoft Corp is considering a deal to buy cybersecurity firm Mandiant Inc, Bloomberg News reported on Tuesday, citing a person familiar with the matter. The talks may not result in an offer, according to the report...
FTC to review Microsoft’s $68.7 billion deal for Activision – Bloomberg News
The U.S. antitrust review of Microsoft Corp’s $68.7 billion proposed acquisition of “Call of Duty” maker Activision Blizzard Inc will be handled by the Federal Trade Commission (FTC), Bloomberg...
Facebook owner Meta close to deal for Greek startup Accusonus
Meta Platforms Inc, the owner of Facebook, is close to acquiring Greek audio software startup Accusonus, a person with knowledge of the deal said. Facebook spokespeople declined to confirm the deal, which the source...
Greek tech fund PJ Catalyst sells Pollfish unit to U.S.-based Prodege
Greek technology fund PJ Tech Catalyst, backed by Piraeus Bank and the European Investment Fund, has agreed to sell its market research unit Pollfish to U.S.-based marketing and consumer insights company Prodege...
Digitisation drives surge in M&A for technology services companies
The growing demand for digitisation projects globally has resulted in a 40% increase in the number of mergers and acquisitions (M&As) for technology services companies in 2021, a new report by industry association...
Elliott, Vista Equity take Citrix private in $16.5 bln deal
Software company Citrix Systems said on Monday it would be taken private for $16.5 billion including debt by affiliates of Elliott Management and Vista Equity Partners, which are seeking to tap the pandemic-driven boom...
Brazilian tech firm says buys financial app company Mobile2you
Brazilian tech firm Totvs said on Monday its Dimensa SA unit had bought financial app developer Mobile2you for 26.9 million reais ($5.07 million). Totvus said in a securities filing that the purchase was aimed at...
Elliott and Vista nears $13 billion deal to buy Citrix – source
Elliott Management Corp and Vista Equity Partners are close to buying Citrix Systems Inc in a deal that values the U.S. cloud computing company at about $13 billion, according to a person familiar with the matter. The...
UK outsourcer Capita to sell IT services firm Trustmarque for $149 mln
Capita Plc said it would sell its IT services and solutions firm Trustmarque to private-equity firm One Equity Partners for 111 million pounds ($148.64 million) as the British outsourcer shifts focus to its core...
SAP to buy U.S. fintech Taulia; eyes metaverse opportunities
SAP said it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business software group seeks to expand its presence in supply-chain financing and working capital management. SAP...
