Tag Archives: merger

For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion last week. On both occasions, Qualcomm declined, so now Broadcom appears to be moving forward with a hostile takeover strategy. In order to take …

Solar panel installer, SolarCity, has not been in a great financial position over the past few months. It’s going to become one with other Elon Musk founded company, Tesla, but that won’t guarantee smooth sailing for its employees. Once the merger is complete, a number are expected to lose their …

SolarCity, one of the U.S.’ largest solar panel providers, has accepted a bid from Tesla Motors to merge the two entities together. Both were founded by Paypal billionaire Elon Musk, so this might not seem like a big move, especially considering the crashing share prices, but in the long term …

Europe’s antitrust commissioner, Margrethe Vestager, has rejected the bid by British mobile operators O2 and Three, to merge together into one giant entity. Citing “significant competition concerns,” with regards to the move, Vestager was also backed by British regulator OfCom, which agreed that it would be bad for consumers. Although …

It seems that Japan could have a new PC giant on the block as word has it that VAIO, Toshiba and Fujitsu are currently planning a huge merger in order to form a new PC-focussed company to rival the likes of Lenovo, the biggest PC maker operating in Japan. This …

The high-streets of the UK are becoming more bereft of electronics retailers day by day it seems and now Dixons Carphone is set to make that decline even more apparent, by closing as many as 134 of its outlets around the country. The plan is to begin merging the company’s various …

Although it started life as an indie developer back in the mid-00s, Riot Games has been anything but for a long time. That’s why over the past few years it’s courted investment from companies like Tencent, a Chinese game publisher and holding company. And now Riot has sold itself body …

Last year, Microsoft officially acquired Nokia, the company’s mobile division swiftly merged with Microsoft and quite a few key employees stayed on. However, now around a year later, Nokia’s former CEO, Stephen Elop, is leaving Microsoft, alongside a few other key members of the Nokia mobile team as Microsoft re-organizes its …

Lenovo Group, the world’s largest maker of personal computers, has reportedly proposed to acquire MicroStar International’s gaming laptop business unit. The move does not seem to be something unusual for Lenovo, who is known for large-scale acquisitions. MSI denies that it has intentions to sell-off one of its most profitable …

Nokia Corp. announced on Wednesday its plan to acquire rival Alcatel-Lucent in an all-share deal. The transaction values Alcatel-Lucent at €15.6 billion. The new company will become the world’s second largest supplier or telecommunication equipment (after Ericsson) and will be headed by the current Nokia top managers. The combined company will …

Without any doubts, Samsung Electronics is among the most successful companies in the high-tech industry nowadays. While the firm’s profit declined in 2014, the company increased its dividends to cheer up investors. However, the company will not do such a thing this year and will spend money on growth, which …

British Telecom has announced that for a staggering £12.5 billion, it will be purchasing mobile provider Everything Everywhere (EE), creating one of the largest telecoms companies in the world. The deal will see existing shareholders Deutsche Telecom and Orange sell their current stakes in the business, but receive a small …

Apparently the done deal wasn’t such a sure thing. While the world and his dog had entered into the history books that sometime in late 2014, gaming streaming service Twitch was bought by Google, apparently it was far from certain, as Amazon has swooped in and picked it up for …

Two of the UK’s biggest highstreet hardware businesses, Dixons and Carphone Warehouse, have announced that they’ll be merging into a single electronics retailer, in a merger that is said to be worth £3.8 billion. It’s taken months and months of talks and no doubt a lot of lawyer fees, but …

Memory and PSU manufacturer Corsair, has bought out peripheral maker, Raptor Gaming, with intentions to continue the brand alongside Corsair’s own products, including the Vengeance range (some of which we liked a lot) which includes the same sort of kit that Raptor is known for: mice, keyboards etc. “Corsair and …