Tag: deal

  • Finally, it’s done: Europe agrees landmark AI regulation deal

    Europe on Friday reached a provisional deal on landmark European Union rules governing the use of artificial intelligence including governments’ use of AI in biometric surveillance and how to regulate AI systems such as ChatGPT.With the political agreement, the EU moves toward becoming the first major world power to enact laws governing AI. Friday’s deal…

  • iRobot shares plunge 19% after EU warns Amazon deal ‘may restrict competition’

    iRobot’s Roomba. Source: iRobot Shares of iRobot plunged as much as 19% on Monday after the EU’s antitrust watchdog issued a warning that Amazon‘s planned $1.7 billion acquisition of the Roomba maker raises competition concerns. The European Commission opened an in-depth probe into the purchase in July, and is expected to rule on the deal…

  • Synopsys Strikes $35 Billion Deal to Buy Ansys

    Synopsys, a key Silicon Valley supplier to the chip industry, said on Tuesday that it had agreed to pay $35 billion for Ansys, a Pennsylvania company that makes software used to simulate and analyze product designs for electronics manufacturers, car makers, defense contractors and others. The deal, which was struck for a combination of cash…

  • Synopsys to acquire graphics software maker Ansys in $35 billion deal

    Ajei Gopal, CEO, Ansys Scott Mlyn | CNBC Semiconductor design and software firm Synopsys on Tuesday announced it would acquire Ansys, a engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion. Synopsys will pay consideration of roughly $390 per share: $197 per-share in cash and roughly one-third of a…

  • Hewlett Packard Enterprise Strikes $14 Billion Deal to Buy Juniper Networks

    Hewlett Packard Enterprise struck a roughly $14 billion deal to buy Juniper Networks in a big bet on networking and artificial intelligence.  The companies unveiled the transaction late Tuesday, a day after The Wall Street Journal reported that a deal was close. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

  • Ant Group close to buying MultiSafepay in about $200 million deal

    Ant Group is closing in on a deal to buy Dutch payments firm MultiSafepay as part of the Chinese financial technology group’s latest push into Western payment markets, people familiar with the matter told Reuters. The transaction, which is subject to regulatory approval, is expected to value MultiSafepay at around $200 million, one of the…

  • Baidu Terminates $3.6B Deal to Buy JOYY’s China Live-Streaming Business

    Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China. As of the end of December, the closing conditions for the share purchase agreement had yet to be fully satisfied, Baidu said in a filing late Monday. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

  • FTX debtors settle claims over Embed deal with Sam Bankman-Fried, others

    Bankrupt crypto exchange FTX and its debtors on Friday said they have entered into a settlement agreement with founder Samuel Bankman-Fried and others to resolve some claims related to its acquisition of stock trading platform Embed.The settlement agreement is between Bankman-Fried, and former FTX executives Nishad Singh and Gary Wang. Elevate Your Tech Prowess with…