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.
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.
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.
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.
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.
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.
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.