Salesforce sees synergy in the deal as it would help it accelerate the growth of its Service Cloud platform. On Thursday, U.S. cloud-based service provider Salesforce stated, it has signed an agreement to acquire ClickSoftware, an Israeli software developer, for $1.35 billion in cash and shares. The acquisition of ClickSoftware, which makes cloud-based field service…
The $10 billion deal could be announced later today. On Thursday, sources familiar with the matter at hand stated, Broadcom Inc is in advanced talks to acquire Symantec Corp’s enterprise business. Sources have cautioned that it is possible that a deal may be reached by the time Symantec announces its earnings. Negotiations could also last…
A potential could be announced as early as next week. According to a report from Bloomberg, Exact Sciences Corp, a cancer diagnostics company, is in advanced negotiations to acquire Genomic Health Inc for around $2.8 billion in order to strengthen its cancer testing unit. The potential deal could be announced as early as next week;…
Sharp had acquired Dynabook, which makes laptop computers, from Toshiba Corp in 2018. On Tuesday, Dynabook, a unit of Japan’s Sharp Corp which makes laptop computers, stated it aims to go public in fiscal year 2021. In 2018, Sharp had completed the acquisition of the personal computer unit from Toshiba Corp.
The acqui-hire will bring engineering talent to Apple’s own efforts at self-driving technology. Apple Inc has confirmed that it has acquired Drive.ai, a self-driving shuttle startup. Earlier this month, media reports had emerged that Apple was considering the acquisition of the firm as a move to bring aboard some of its engineering talent to boost…
CFIUS concerns stems from the fact that the Chinese dating app collects personal information including a person’s location, messages, which could include potential data of the U.S. military or intelligence personnel. According to sources familiar with the matter at hand, a U.S. government national security panel has raised concerns over the ownership of Chinese gaming…
Uber is on the lookout for expanding its areas of business even as its tries to strengthen its core business competency. According to two sources familiar with the matter at hand, Uber Technologies Inc is likely to offer more than $3 billion for acquiring its Dubai-based rival Careem Networks FZ. As per a third source,…
StaCyc Inc makes electric two-wheelers for kids. U.S. motorcycle maker Harley-Davidson Inc stated it has acquired StaCyc Inc, a maker of electric two-wheelers for kids, for an undisclosed amount. StaCyc’s ‘EDRIVE’ two-wheelers retail in the range of $649 and $699, said Harley. Harley-Davidson did not disclose the price of the deal.
The move is aimed at tweaking CNN’s digital and will entail more funds being sunk into it as well as changes in HR. As per a report from the Wall Street Journal, John Stankey, the AT&T executive who is the CEO of WarnerMedia, plans on revamping CNN’s digital operation, and plans on infusing more money…
Demisto develops and markets automation tools for information security management, including a chatbot that assists in handling tasks. Palo Alto Networks Inc, a cyber security company stated it would be acquiring Demisto Inc, a U.S.-Israeli information security firm for $560 million using cash and stock. Founded in 2015 by four McAfee executives, Demisto develops and…
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