Maria Deutscher
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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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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. …