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Broadcom to buy CA Technologies for USD 18.9 billion
2018-07-12 08:48:00| Telecompaper Headlines
(Telecompaper) Broadcom has agreed to buy CA Technologies for USD 18.9 billion. The company said the takeover will help it meet the growing demand for infrastructure software, adding CA's mainframe and enterprise software, extensive customer base and recurring revenues to its portfolio.
Tags: buy
technologies
usd
billion
AT&T close to deal to acquire ad exchange AppNexus for USD 1.6 bln - report
2018-06-20 08:52:00| Telecompaper Headlines
(Telecompaper) AT&T is close to a deal to acquire the advertising company AppNexus, the business news website Cheddar reported. Privately-held AppNexus operates an independent ad exchange for buying and selling of digital ads, which would help AT&T compete better with Google and Facebook and monetise its new content assets at Time Warner.
Tags: report
close
deal
exchange
Google to invest USD 550 million in China's JD.com
2018-06-18 10:03:00| Telecompaper Headlines
(Telecompaper) Google announced it will invest USD 550 million in Chinese e-commerce company JD.com. Google and JD.com say this investment is part of a broader partnership that will include the promotion of JD.com products on Google's shopping service.
Tags: google
million
usd
invest
UAE investment firm Mubadala plans launch to USD 400 mln European technology fund with Softbank
2018-06-14 10:37:00| Telecompaper Headlines
(Telecompaper) UAE-based Mubadala Investment Company (Mubadala) plans to create a USD 400 million fund to invest mainly in leading European technology companies, reports The National. It will be managed by the Abu Dhabi fund's venture capital arm, Mubadala Ventures, with SoftBank participating via its investment subsidiary, SIMI US Holdings. The fund will target founder-led, high growth technology companies with global scale and impact.
Tags: technology
plans
firm
investment
Comcast makes USD 65 bln cash bid for 21st Century Fox
2018-06-13 23:49:00| Telecompaper Headlines
(Telecompaper) Comcast has made its official bid for most of the assets of 21st Century Fox. The company said it will give USD 35 per share in cash for the businesses. The offer, coming to a total of about USD 65 billion, represents a premium of 19 percent to Disney's all-stock offer. Comcast said the structure and other terms of its proposal, including with respect to the spin-off of "New Fox", "are at least as favourable to 21CF shareholders as the Disney offer". The company also noted that its bid was not dependent on any financing condition.
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