Neowin News Feed for: M&a

Xerox raises acquisition bid for HP to nearly $35 billion

Jay Bonggolto — Mon, 10 Feb 2020 19:16:01 +0000

Xerox announced today that it intends to raise its acquisition offer for HP to $24 per share, for a total value of nearly $35 billion. The company will launch the tender offer on or around March 2. Read more...

IBM to acquire Red Hat for $34 billion in hybrid cloud push

Jay Bonggolto — Sun, 28 Oct 2018 23:36:01 +0000

IBM and software company Red Hat have announced an agreement today in which the latter will join IBM's Hybrid Cloud group as part of a $34 billion acquisition which is expected to close in H2 2019. Read more...

Salesforce founder Marc Benioff and wife acquiring Time Magazine for $190 million

Ruel Revales — Mon, 17 Sep 2018 08:16:01 +0000

After closing its acquisition of Time Inc. earlier this year, Meredith today announced that it will sell the Time media brand to Marc and Lynne Benioff as individuals for $190 million in cash. Read more...

Twitter acquires Smyte to curb abusive behavior on its platform

Jay Bonggolto — Thu, 21 Jun 2018 16:02:02 +0000

Twitter's acquisition of the San Francisco-based technology company is intended to address challenges in safety, spam, and security on the platform using Smyte's review tools and processes. Read more...

Foxconn acquires Belkin International for $866 million

Jay Bonggolto — Tue, 27 Mar 2018 07:04:01 +0000

Foxconn expands its footprint into the mobile accessories and smart home markets by acquiring Belkin International, including the Linksys, Wemo, and Phyn brands, for nearly $866 million in cash. Read more...

Uber strikes agreement to merge its Southeast Asia business with Grab

Jay Bonggolto — Mon, 26 Mar 2018 07:48:02 +0000

Grab will now take over Uber's Southeast Asia business, including around 500 employees, as part of a merger deal. In exchange, Uber will acquire a 27.5 percent stake in the combined company. Read more...

European Commission to examine Apple's acquisition of Shazam

Jay Bonggolto — Wed, 07 Feb 2018 05:54:01 +0000

The European Commission plans to examine Apple's acquisition of Shazam due to competition concerns raised by a number of countries such as Austria, France, Iceland, Italy, Norway, Spain, and Sweden. Read more...