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Microsoft buys games developer Bethesda Softworks for USD 7.5 billion

2020-09-21 17:17:00| Telecompaper Headlines

(Telecompaper) Microsoft has announced a deal to acquire ZeniMax Media, parent company of games developer Bethesda Softworks, for USD 7.5 billion in cash to help drive growth in its Xbox gaming business. 

Tags: games microsoft usd developer

 

Ericsson to buy wireless WAN specialist Cradlepoint for USD 1.1 bln

2020-09-18 08:27:00| Telecompaper Headlines

(Telecompaper) Ericsson announced an agreement to acquire Cradlepoint for USD 1.1 billion. The takeover of the US-based company is expected to strengthen its portfolio of enterprise wireless solutions, including products for wireless edge WAN over 4G and 5G networks. 

Tags: buy wireless usd specialist

 
 

Verizon buys America Movil MVNO Tracfone for USD 6.25 billion

2020-09-14 14:53:00| Telecompaper Headlines

(Telecompaper) Verizon has agreed to buy Tracfone, a MVNO in the US owned by Mexico's America Movil, for USD 6.25 billion. 

Tags: america usd billion buys

 

Searchlight to invest USD 425 mln into Consolidated Communications

2020-09-14 14:14:00| Telecompaper Headlines

(Telecompaper) Investment firm Searchlight Capital Partners has agreed to hoist its stake in Consolidated Communications to 35 percent for a total of USD 425 million. The deal has been approved by the board of directors of Consolidated, which will use the money to accelerate fibre deployment and to reduce debt.

Tags: communications usd invest consolidated

 

Nvidia buys Arm for USD 40 billion

2020-09-14 09:03:00| Telecompaper Headlines

(Telecompaper) Nvidia announced a definitive agreement to buy Arm from SoftBank for USD 40 billion, minus Arm's IoT Services Group. Nvidia founder and CEO Jensen Huang said the deal will unite Nvidia's AI computing with Arm's CPU expertise to create an AI superpower and advance computing from the cloud, smartphones, PCs, self-driving cars, robotics, 5G and IoT. It will also expand Nvidia's developer reach from 2 million to over 15 million software programmers. 

Tags: usd arm billion nvidia

 

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