Zscaler is acquiring Red Canary to create an AI-powered security system that detects threats faster and more accurately. Combining Zscaler’s vast data with Red Canary’s threat detection expertise will transform how...
Shell to buy TotalEnergies’ stake in Nigeria deepwater field for $510 million
TotalEnergies has signed an agreement with Shell to sell its 12.5% interest in the Bonga oil field, offshore Nigeria, for $510 million. The OML118 Production Sharing Contract (PSC) is located deep offshore at ~74 mi...
Hailey Bieber’s Rhode brand sold to e.l.f. Beauty in $1 billion deal targeting Gen Z
Model Hailey Bieber’s makeup and skincare brand, Rhode, is being snapped up by Elf Beauty ELF.N for about $1 billion, giving the budget cosmetic retailer access to a celebrity-endorsed product line that has become...
ExxonMobil to sell French subsidiary Esso to Canadian energy group
With the exception of those part of the previously announced redundancy plan, all of the approximately 1,350 employees in France will be retained and remain on the same employment terms and conditions. The acquisition...
Salesforce Signs Definitive Agreement to Acquire Informatica
Thoma Bravo and Cloud Software Group were part of the five interested buyers of the asset, that person and another person familiar with the process said. Salesforce said it would buy Informatica for about $8 billion...
Harmony Gold agrees to buy Australian Mac Copper for $1 billion
JOHANNESBURG, May 27 (Reuters) – Harmony Gold, South Africa’s top gold producer by volume, has agreed to buy Australian miner Mac Copper Ltd in a deal worth $1.03 billion as it steps up a diversification into copper...
US investment firm Redbird agrees to buy Britain’s venerable Telegraph newspaper
LONDON (AP) — A consortium led by U.S. investment firm RedBird Capital Partners has agreed to buy the publisher of Britain’s 170-year-old Daily Telegraph newspaper for about 500 million pounds ($674 million), the two...
Motorola Solutions nears $4.5 billion deal for radio maker Silvus
Motorola Solutions Inc. is in advanced talks to acquire closely held wireless-radio maker Silvus Technologies for around $4.5 billion, according to people familiar with the matter. The companies could announce a deal...
Microsoft-Backed Builder.ai Set for Bankruptcy After Cash Seized
Builder.ai, the British artificial intelligence startup backed by Microsoft Corp. and the Qatar Investment Authority, is filing for bankruptcy after the chief executive officer said a major creditor had seized most of...
OpenAI to acquire Apple veteran designer Jony Ive’s startup io in $6.5 billion deal to create AI devices
OpenAI has announced it will acquire io, the AI hardware startup co-founded by legendary Apple designer Jony Ive, in an all-stock deal valued at nearly $6.5 billion. This marks OpenAI’s bold entry into the hardware...
India’s Bajaj Auto to take control of KTM with $906 million debt deal
India’s Bajaj Auto plans to take control of KTM AG as part of an 800 million euro ($906.2 million) debt package aimed at reviving the troubled Austrian motorcycle maker, it said on Thursday. The move will see the...
Sanofi to acquire Vigil Neuroscience in $470 million deal to boost neurological pipeline
Sanofi will acquire Vigil Neuroscience, a clinical-stage biotech company in a $470 million deal, the companies said on Thursday, as the French drugmaker seeks to boost its neurological pipeline through an...
