Neowin News Feed for: Takeover

Qualcomm has reportedly made an offer to acquire Intel

John Callaham — Fri, 20 Sep 2024 20:50:02 +0000

Qualcomm has reportedly approached intel with an offer to buy the chip maker, even as Intel is in the middle of a plan to cut costs. Read more...

Activision Blizzard hires top lawyer to appeal the UK's rejection of Microsoft acquisition

Steve Bennett — Tue, 09 May 2023 18:52:01 +0000

After Microsoft's £55 billion takeover of Activision Blizzard was blocked in the UK, the company brought in top legal talent to take the fight to the UK's CMA in a Competition Appeal Tribunal. Read more...

Sega Sammy acquires Rovio, maker of Angry Birds, in €706 million takeover deal

Karthik Mudaliar — Mon, 17 Apr 2023 08:24:01 +0000

Sega Sammy, the Japanese video game company, has announced its acquisition of Rovio Entertainment, the creator of the popular mobile game, Angry Birds, in a €706 million takeover deal. Read more...

Amazon might buy Indian video streaming giant MX Player, says report

Aditya Tiwari — Fri, 10 Feb 2023 11:42:01 +0000

The e-commerce giant Amazon is reportedly in talks to acquire MX Player, as per sources. The famous OTT streaming app has a strong foothold in India with over 300 million users globally. Read more...

FTC says it doesn't trust Microsoft, wants to block Call of Duty maker Activision's takeover

Sayan Sen — Thu, 08 Dec 2022 20:50:01 +0000

FTC has announced that it wants to block Microsoft's acquisition of Call of Duty publisher Activision Blizzard. The main reason for this seems to be earlier unfulfilled promises by Microsoft. Read more...

This is how Twitter will lay off half of its employees

Justin Luna — Fri, 04 Nov 2022 03:24:01 +0000

According to a recent report, Twitter will begin laying off its employees on Friday as it looks to improve its profitability. Employees are asked to stay home while they await their fate. Read more...

Elon Musk officially takes over Twitter, sacks CEO Parag Agrawal and CFO Ned Segal

Karthik Mudaliar — Fri, 28 Oct 2022 06:24:01 +0000

Elon Musk has officially acquired Twitter before the Friday deadline. He also sacked CEO Parag Agrawal and CFO Ned Segal, as well as legal head Vijaya Gadde after his takeover on Thursday. Read more...

Twitter's shareholders want Elon Musk to buy Twitter

Anushe Fawaz — Tue, 13 Sep 2022 18:54:01 +0000

The Twitter vs. Elon Musk legal battle continues as the trial date approaches. According to sources, Twitter's shareholders voted in favor of Musk completing the $44 billion purchase of Twitter. Read more...

Elon Musk wishes to delay trial against Twitter

Anushe Fawaz — Sat, 16 Jul 2022 14:10:01 +0000

Tesla CEO Elon Musk seeks more time to address Twitter's urgency for completing the acquisition. Musk's legal team issued a 14-page filing, asking for the trial to be delayed until next year. Read more...

Twitter: Elon Musk's termination of acquisition deal is "invalid and wrongful"

Usama Jawad — Tue, 12 Jul 2022 06:26:01 +0000

After Elon Musk's announcement that he is terminating his $44 billion acquisition of Twitter, the latter's attorneys have filed a letter to the billionaire's lawyers, calling the decision "wrongful". Read more...

Elon Musk is terminating his $44 billion Twitter acquisition

Usama Jawad — Sat, 09 Jul 2022 03:24:02 +0000

Elon Musk has filed to terminate his $44 billion acquisition of Twitter, claiming that the platform did not provide him information about bot accounts. Twitter says that it will pursue legal action. Read more...

Elon Musk may have already completed the Twitter acquisition, deal to be announced shortly [Update: It's official]

Mehrotra A — Mon, 25 Apr 2022 18:36:02 +0000

In an unprecedented turn of events, it looks like Elon Musk may finally get his hands on Twitter as a new report claims that the deal has been finalised and may go public as early as today. Read more...

Twitter board launches poison pill defense against Elon Musk takeover bid

Usama Jawad — Fri, 15 Apr 2022 17:52:02 +0000

Twitter's board has officially launched its poison pill plan to fend off Elon Musk's $43 billion takeover. This means that shares may be offered at discounts to dilute the stake of hostile parties. Read more...

Twitter board reportedly considering rejecting Elon Musk takeover bid

Usama Jawad — Fri, 15 Apr 2022 06:42:01 +0000

It seems that Twitter's board is preparing to reject Elon Musk's offer to acquire the company for $43 billion. Two plans under consideration are poison pill and telling him that the offer is too low. Read more...

Xerox gives up on HP acquisition due to COVID-19 concerns

João Carrasqueira — Tue, 31 Mar 2020 21:16:01 +0000

After relentlessly pursuing an acquisition of rival HP, Xerox has announced that it is no longer moving forward with the takeover attempts due to concerns over the current coronavirus outbreak. Read more...

HP's Board of Directors tells shareholders to reject Xerox's offer

João Carrasqueira — Thu, 05 Mar 2020 17:34:01 +0000

After Xerox officialized its tender offer for all outstanding HP shares, the latter company is telling shareholders to reject the offer, saying it would create an "irresponsible capital structure". Read more...

Xerox makes official tender offer for HP at $24 per share

João Carrasqueira — Mon, 02 Mar 2020 23:42:01 +0000

In its continued attempts to take over HP's business, Xerox has now launched a tender offer for all outstanding HP shared, valuing the company at $24 per share, in both cash and Xerox shares. Read more...

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...

Xerox will continue its attempt to take over HP by bidding directly to shareholders

João Carrasqueira — Tue, 26 Nov 2019 18:00:01 +0000

In the latest development of the ongoing saga between Xerox and HP, in which the former is attempting to buy the latter, Xerox has confirmed that it will take its bid directly to HP shareholders. Read more...

Former Qualcomm CEO Paul Jacobs' bid to take the company private gains momentum

Sharath Ravishankar — Fri, 13 Apr 2018 11:02:01 +0000

Paul Jacobs, ousted as CEO of Qualcomm after Broadcom's attempted hostile takeover last month, is now assembling potential buyers to take Qualcomm private, with him once again at its helm. Read more...

Broadcom living a nightmare as Qualcomm rejects another takeover bid

Dreyer Smit — Fri, 09 Feb 2018 08:52:01 +0000

Broadcom might just be living a nightmare, as its latest offer was rejected by Qualcomm yet again, with the Singapore-based chipmaker becoming increasingly hostile in its takeover attempts. Read more...

Ubisoft to buy back four million shares in order to fend off Vivendi

Muhammad Jarir Kanji — Fri, 06 Oct 2017 05:04:01 +0000

With the threat of a takeover by media conglomerate Vivendi, Ubisoft is going to buy back four million of its own shares in order to enable the Guillemot family to retain executive control. Read more...

Google pays $1.1 billion to HTC in exchange for staff, expertise, and IPs

Timi Cantisano — Thu, 21 Sep 2017 02:56:02 +0000

Rumors have been swirling for quite some time but today Google and HTC announced that will form an alliance. Google will pay HTC $1.1 billion - gaining access to HTC staff and intellectual properties. Read more...

Acer founder: You're welcome to buy the company, but you'll be getting an "empty shell"

Andy Weir — Thu, 27 Aug 2015 12:16:01 +0000

Acer's founder Stan Shih said today that he would welcome a takeover of the company, but given the recent slide in its sales, profits and share price, he warned that Acer is an "empty shell". Read more...

Microsoft is reportedly 'evaluating' a potential takeover of BlackBerry

Camden Krupala — Fri, 22 May 2015 07:46:01 +0000

Don't freak out too much. Microsoft isn't planning on buying BlackBerry anytime soon, but they are evaluating the possibility of such a takeover. Leather and carbon fiber clad Windows Phones anybody? Read more...

Sprint abandons its planned takeover of T-Mobile

Andy Weir — Wed, 06 Aug 2014 13:17:34 +0000

Weeks after the terms of the deal were said to have been agreed, Sprint has reportedly withdrawn its $32bn bid to purchase T-Mobile US, amid concerns that it would not get regulatory approval. Read more...

Sony denies Vaio sell-off to Lenovo, says “various options” being considered

Andy Weir — Mon, 03 Feb 2014 13:42:48 +0000

Sony has denied claims that it is planning to sell off its international PC business to Chinese rival Lenovo, but says that it is considering "various options" for its loss-making Vaio unit. Read more...

Lenovo CEO says that buying BlackBerry “could possibly make sense”

Andy Weir — Tue, 12 Mar 2013 08:39:36 +0000

For the second time this year, comments from a Lenovo executive have hinted at interest in a possible takeover of BlackBerry, with Lenovo's CEO stating that such a deal "could possibly make sense". Read more...

Bill Gates says he influenced Skype takeover

Andrew Lyle — Wed, 18 May 2011 00:31:50 +0000

Former CEO and Chairman of Microsoft Bill Gates, said he advocated the Skype takeover last week. Although Gates has handed power down to Steve Ballmer, current CEO of Microsoft, he still obviously plays an important... Read more...

Sprint plans to appeal T-mobile takeover by AT&T

Tom Dwyer — Wed, 23 Mar 2011 16:38:53 +0000

Dan Hesse, CEO of Sprint has said that the company plans to voice their concerns over the proposed takeover of T-mobile USA by AT&T. The primary concern by Sprint is that the deal will hurt... Read more...

News Corporation gets green light for BSkyB takeover

Piers Hausjell — Thu, 03 Mar 2011 17:18:11 +0000

Rupert Murdoch's News Corporation has been given the go ahead by the British Government for its bid to take over the media company BSkyB. The approval follows the corporations agreement to set up Sky News... Read more...

Twitter valued as high as $10 billion

Steven Parker — Thu, 10 Feb 2011 11:13:59 +0000

In December, Twitter raised $200 million in financing in a deal that valued it at $3.7 billion. The company, which allows users to broadcast 140-character messages to groups of followers, had 175 million users as... Read more...

Microsoft tried to acquire Facebook for $15 billion

Brad Sams — Fri, 10 Dec 2010 21:51:09 +0000

A lot of people thought Mark Zuckerberg was crazy when he turned down Yahoo's $1 billion offer, but it now turns out that he also declined a $15 billion offer from Microsoft in 2007. This... Read more...

MySQL founder calls for protests against Oracle takeover

Matthew Hopson — Mon, 14 Dec 2009 10:51:27 +0000

The founder of the popular MySQL database is calling for people to protest against Oracle's attempted takeover of Silicon Valley based Sun Microsystems. Michael Widenius says that the European Commission must block the deal in... Read more...

Apple looking to purchase EA?

Garrett Dodd — Tue, 05 May 2009 17:59:04 +0000

Take this with a with a grain of salt, but the intertubes are buzzing with rumours that Apple is going to acquire Electronic Arts, the world's second largest gaming company. Yup, Twitter isn't the only... Read more...

Microsoft-Yahoo deal is "total fiction"

Matthew Hopson — Mon, 01 Dec 2008 14:30:56 +0000

A report by Reuters has suggested that earlier reports of a $20 billion deal between Microsoft and Yahoo are false and that the only possibility is an acquisition of the search division of Yahoo. ... Read more...

Microsoft Fails to Reach Decision on Yahoo Takeover

Fri, 02 May 2008 10:35:33 +0000

Microsoft Corp. directors failed to decide on the next step in the pursuit of Yahoo! Inc. yesterday, leaving open the debate over whether to walk away from the $44.6 billion bid or fight to replace... Read more...

MS CFO Eyes Hostile Yahoo Takeover

Thu, 24 Apr 2008 23:33:27 +0000

Microsoft is considering launching a hostile bid for search provider Yahoo as early next week if Yahoo does not begin talks soon, Chief Financial Officer Chris Liddell said today. Liddell repeated a threat by Chief... Read more...

Ageia Technologies Denies Its Takeover by Third-Party

Daniel Fleshbourne — Wed, 23 Jan 2008 13:17:01 +0000

Ageia Technologies, the developer of so-called physics processing units (PPUs), on Tuesday denied reports about its acquisition by an undisclosed third party. The company said it remains independent and has a roadmap to execute. The... Read more...

RIM shares rise on Microsoft takeover rumour

Fri, 31 Aug 2007 16:25:24 +0000

Shares of Research In Motion Ltd. are climbing on rumours that the BlackBerry maker may be bought by software giant Microsoft Corp. RIM shares set a new trading record by rising as high as $89.68... Read more...