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Cloudera confirms USD 5.3 billion takeover to go private
2021-06-01 14:18:00| Telecompaper Headlines
(Telecompaper) The edge data specialist Cloudera has agreed a takeover by private equity firms valuing the company at USD 5.3 billion...
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Salesforce confirms Slack takeover for USD 27.7 billion
2020-12-02 13:21:00| Telecompaper Headlines
(Telecompaper) Salesforce has confirmed a deal to acquire Slack for USD 27.7 billion, extending its portfolio of business software into the growing collaboration and messaging space. Slack shareholders will receive USD 26.79 in cash and 0.0776 shares of Salesforce for each Slack share.
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Marvell confirms Inphi takeover to expand in growing data centre market
2020-10-29 12:37:00| Telecompaper Headlines
(Telecompaper) Marvell Technology has confirmed an agreement to acquire Inphi for cash and shares to create a new semiconductor group worth USD 40 billion. As part of the deal, Marvell will move the headquarters of the company from Bermuda to the US.
Tags: data
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growing
EU confirms in-depth investigation into Google takeover of Fitbit
2020-08-04 15:47:00| Telecompaper Headlines
(Telecompaper) The European Commission has confirmed an in-depth investigation has started into Google's proposed takeover of wearables maker Fitbit. The EU's competition watchdog said it was concerned the deal would give Google access to additional data strengthening its position on the online advertising market. If it finds the deal could distort competition, it may ask Google for concessions or block the takeover.
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Cyber security company Sophos confirms USD 3.9 billion takeover offer
2019-10-14 10:55:00| Telecompaper Headlines
(Telecompaper) Sophos, the global cyber security software provider, has confirmed a takeover offer of USD 7.40 per share from US-based private equity company Thoma Bravo, valuing the company at around USD 3.9 billion. This will take the company private again, after its listing on the London stock market in 2015.
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