Watch out SpaceX’s Elon Musk? British government and Bharti Global announce deal to acquire satellite broadband company OneWeb
News acquisition
Advocacy Groups Warn Against Google’s Fitbit Acquisition
Twenty advocacy groups from around the world warn that Google’s acquisition of Fitbit risks damaging privacy and competition
Google Buys North Smart Glasses, Closes Down Product
Canadian smart glasses maker North acquired by Google, which then immediately kills the next version of its wearable device
Cisco Acquires ThousandEyes For Network Monitoring
Networking giant Cisco Systems opens its cheque book to acquire well estalished network intelligence software provider ThousandEyes
Intel Acquires Rivet Networks For Killer Cards
Wi-Fi connectivity. Company behind the Killer gaming networking cards (Rivet Networks) is acquired by chip goliath Intel Corp
Virgin Media And O2 Join Forces In Joint Venture
Major UK telecom shakeup…O2’s ownership odyssey continues, with confirmation it is to merge with Virgin Media to take on the BT/EE juggernaut
Facebook Invests $5.7 Billion In Indian Conglomerate
Social network makes biggest acquisition since acquiring WhatsApp by purchasing 10 percent stake in Indian firm Reliance Industries
Backbencher Demands Halt Of Chinese Takeover Of Imagination Technologies
David Davies says government must employ every mechanism to prevent removal of tech base of Imagination Technologies to China
Coronavirus: Xerox Ends Hostile Takeover Bid For HP
Setback for Carl? Printer maker Xerox cites Coronavirus pandemic ‘turmoil’ as reason for withdrawing $35 billion bid for HP
Coronavirus: HP Laments Xerox Hostile Bid Amid Pandemic
HP has written to its shareholders to argue that now is not the time for an unsolicited takeover, with Xerox’s ‘irresponsible capital structure’
HP Rejects Xerox’s Sweetened Takeover Offer
Still a firm no. HP’s board of directors tell Carl Icahn and Xerox that their $35 billion takeover offer still undervalues it
HP $15 Billion Share Buyback To Thwart Xerox Advances
HP board announces ‘financial value creation plan’ that will see it buy back billions in shares, to defeat Xerox’s offer that ‘meaningfully undervalues HP’
Dell Sells Cybersecurity Division RSA Security
RSA Security is to be sold to a consortium for just over $2 billion, as Dell seeks to ‘simplify’ it business and product portfolio
Google Acquisition Of Looker Data Sciences Approved
Alphabet unit completes $2.6bn acquisition of Looker Data Sciences after approval from British competition watchdog
CityFibre Buys TalkTalk’s Fibre Network In York
Fibre disposal. TalkTalk’s FibreNation division sold to CityFibre for £200 million, amid signing of wholesale agreement with CityFibre
HP Board Once Again Rejects Xerox’s Advances
We are still not interested. HP’s board of directors once again rejects an unsolicited takeover approach from Xerox, saying it undervalues the PC maker
Broadcom Sells Symantec Unit To Accenture
Brief affair. Only a few months after finally acquiring it for $10.7bn, Broadcom opts to offload Symantec’s Enterprise division
F5 Networks Buys Shape Security For $1bn
Acquisition gives F5 access to Shape’s AI-powered, enterprise-grade anti-fraud technologies, including protection against credential stuffing attacks
Intel Pays $2 Billion For AI Firm Habana Labs
Chipmaker continues to open the cheque book to fund growth of its AI expertise and portfolio, with $2 billion Habana Labs purchase
Xerox Readies Hostile Takeover Approach For HP
A bitter fight is looking increasingly likely, as HP board refuses to open books in response to Xerox demand, after it rejected $33.5bn offer
Xerox Threatens Hostile Takeover After HP Rejects Offer
Xerox has said that HP must respond by 25 November or it will launch a hostile bid, after HP rejected its $33.5bn buyout
Icahn Takes Stake in HP, Urges Xerox Merger – Report
Activist investor Carl Icahn acquires $1.2 billion stake in HP and reportedly urges merger with Xerox
Digital Realty To Acquire Interxion For $8.4bn
Data centre consolidation sees US real estate giant acquire Europe’s largest colocation provider, Interxion
Is Google About To Acquire Fitbit?
Shares in Fitbit have been suspended amid reports that Google had made an offer to acquire the firm
Equity Firm Buys UK’s Sophos For £3.1bn
Acquisition of Oxfordshire-based cyber-security firm, which aided NHS during WannaCry attacks, follows fall in value of sterling in wake of 2016 Brexit vote
Facebook To Acquire Brain-Control Startup CTRL-Labs
Controlling computers with the power of your mind. Facebook acquires startup CTRL-Labs for $1 billion
Wunderlist Founder Offers To Buy App Back From Microsoft
‘Don’t kill it, rather let me buy it back’, founder of task app Wunderlist pleads with Microsoft
Microsoft Buys jClarity To Boost Java Performance On Azure
Acquisition is part of Microsoft’s growing support for open source technologies on Azure, including Linux and Java
Broadcom Acquires Symantec Enterprise Unit For £8.8bn
Acquisition confirmed as Broadcom continues to expand beyond its traditional chip business
Salesforce Acquires ClickSoftware For $1.3bn
US cloud services provider snaps up Israeli maker of workforce management and service solutions