Maria Deutscher
Latest from Maria Deutscher
SoftBank to acquire AI infrastructure investor DigitalBridge for $4B
SoftBank Group Corp. has inked a $4.04 billion deal to buy DigitalBridge Group Inc., a private equity firm that invests in technology businesses. The companies announced the all-cash transaction today a few hours after insiders leaked the news to Bloomberg. SoftBank is paying $16 per share for DigitalBridge, a 16% premium to the firm’s last ...
Coforge to acquire Encora in $2.35B technology services deal
Information technology services provider Coforge Ltd. today announced plans to acquire rival Encora Digital LLC for $2.35 billion. Coforge, which is listed on two stock exchanges in India, will finance the deal with shares. It will take out a bridge loan worth up to $550 million to refinance the debt on Encora’s balance sheet. Coforge ...
HCLSoftware to acquire Jaspersoft for reported $240M
HCLSoftware Inc. plans to acquire Jaspersoft Inc., a provider of business intelligence software, in an all-cash deal reportedly valued at $240 million. The company announced the transaction on Monday. In conjunction, HCLSoftware disclosed that it’s buying Wobby, an early-stage startup with an artificial intelligence tool for querying data warehouses. The transaction is reportedly worth $5.3 ...
Nvidia to license technology from inference chip startup Groq in reported $20B deal
Artificial intelligence chip startup Groq Inc. today announced that Nvidia Corp. will license its technology on a nonexclusive basis. The deal will also see the graphics card maker hire several key Groq employees. They include founding Chief Executive Officer Jonathan Ross and president Sunny Madra. Alex Davis, the CEO of Groq investor Disruptive Technology Advisers, ...
Snowflake reportedly seeking to acquire observability startup Observe for $1B
Snowflake Inc. is reportedly in talks to acquire Observe Inc., a startup with a cloud-based observability platform of the same name. The Information on Tuesday cited sources as saying that the acquisition will be worth about $1 billion if it materializes. That would make the deal Snowflake’s largest-ever startup purchase. Companies use Observe’s platform to monitor their ...
Dazzle, a new AI startup led by Marissa Mayer, raises $8M
Dazzle AI Inc., a startup founded by former Yahoo Inc. Chief Executive Marissa Mayer, today announced that it has raised $8 million in funding. Prominent venture capitalist Kirsten Green led the investment. She was joined by Mayer, Kleiner Perkins, Greycroft, Offline Ventures, Slow Ventures, Bling Capital, Amino Capital and Acquired Wisdom Fund. The round values ...
FCC bans sale of foreign-made drones over national security concerns
The U.S. Federal Communications Commission has banned the sale of foreign-made drones and critical drone components in the U.S. Officials announced the move on Monday. According to the FCC, it decided to block drone imports after an interagency body determined that they “pose unacceptable risks to the national security of the United States.” The ban ...
ServiceNow to acquire connected device security startup Armis for $7.75B
ServiceNow Inc. today announced plans to acquire Armis Inc., a startup with a cybersecurity platform optimized to protect connected devices. The all-cash transaction is worth $7.75 billion. That’s a more than $1.5 billion premium to the valuation Armis received after its most recent funding round in November. One of the investors that stands to earn ...
Apple fined $116M in Italy over ATT privacy feature in iOS
Italy’s competition regulator today issued a fine of €98.63 million, or about $116 million, to Apple Inc. over the ATT privacy feature in iOS. The technology has also drawn antitrust scrutiny in other jurisdictions. Many iOS apps collect data about their users to deliver personalized ads. In some cases, apps combine their first-party data with ...
Alphabet acquires renewable energy company Intersect for $4.75B
Alphabet Inc. today inked a deal to acquire Intersect Power LLC for $4.75 billion in cash. The Google LLC parent also plans to assume the renewable energy company’s outstanding debt. It expects to complete the transaction in the first half of 2026. According to the search giant, the deal is intended to expedite its data ...