Samsung is piling up billions in cash to likely make a big acquisition

There has long been speculation about how Samsung would use its more than $60 billion cash reserves. The general perception is that the company would become active in the mergers and acquisitions space to buy some big company. However, Samsung hasn’t made any major acquisitions since it bought Harman for $8 billion back in 2017. […]

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Xbox FY24 Q2 gaming revenue up 49% year-over-year, driven by impact of Activision Blizzard acquisition

What you need to know Microsoft shared its financial results for FY24 Q2, the quarter ending on Dec. 31, 2023. Gaming revenue is up 49% year-over-year.  Xbox content and services revenue is up 61% year-over-year.  Xbox hardware revenue is up 3% year-over-year.  The latest financial results are in, with some long-awaited earnings that finally factor […]

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Amazon’s iRobot acquisition is getting harder due to EC concerns

In August 2022, Amazon and iRobot signed an agreement for Amazon to acquire iRobot for $1.7 billion. Usually, government agencies in certain regions investigate such acquisitions and mergers before giving the go-ahead to make sure that it doesn’t affect consumers and the market in a negative way. As such, a month after the two companies […]

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Broadcom achève son acquisition de VMware

Broadcom a annoncé hier, le 22 novembre, avoir finalisé l’acquisition de VMware. Après 25 ans d’histoire en tant qu’entreprise indépendante, VMWare rejoint donc Broadcom. Ses activités seront désormais regroupées sous la marque « VMware by Broadcom ». Broadcom a annoncé en mai 2022 son acquisition de VMware pour 61 milliards de dollars. Le 14 novembre 2023, Hock Tan – le PDG de […]

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US tech union praises completion of Microsoft’s Activision Blizzard acquisition, says it represents a ‘milestone’ for improving labor in gaming

What you need to know Microsoft finalized its acquisition of Activision Blizzard for $68.7 billion on Oct. 13, 2023, adding a large number of studios and games to the Xbox first-party roster.  In working to complete this deal, Microsoft previously signed a binding contract to remain neutral in worker unionization efforts.  Earlier in 2023, over […]

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FTC vows to keep trying to block Microsoft’s controversial acquisition of Activision

What you need to know The FTC in the US announced it would continue internal efforts to block Microsoft’s acquisition of Activision Blizzard King. The FTC previously failed to secure a preliminary injunction or emergency stay from the courts to prevent the acquisition from closing. Microsoft’s $69 billion acquisition of Activision Blizzard King has undergone […]

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Microsoft inches closer to Activision acquisition after winning court injuction

A district judge allowed Microsoft to acquire Activision, denying the preliminary injunction request by the FTC (Federal Trade Commission). Judge Corley of the District Court for the Northern District of California said they were satisfied with Microsoft’s promise to keep Call of Duty available on other platforms, including Sony Xbox and Nintendo Switch. The statement […]

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Thales : nouvelle acquisition dans la cybersécurité, la quatrième en un an

Thales poursuit ses emplettes dans la cybersécurité. L’industriel de défense et d’électronique vient de dévoiler son projet de rachat de l’entreprise australienne Tesserent, une OPA amicale à 176 millions de dollars australiens (soit environ 107 millions d’euros). publicité Marchés dynamiques L’entreprise française, détenue à 25% par l’Etat français, veut ainsi “renforcer son implantation en Australie […]

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Microsoft acquisition of Activision Blizzard temporarily blocked by FTC restraining order

What you need to know The FTC has obtained a temporary restraining order to block Microsoft from completing its acquisition of Activision Blizzard.  The temporary restraining order speeds up the court process for the deal, which will now be seen by a judge on June 22, 2023.  Outside of the FTC in the U.S, Microsoft […]

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FTC aiming to block Microsoft’s Activision Blizzard acquisition with injunction

What you need to know The long, exhausting battle for Microsoft to acquire Activision Blizzard treks into another saga today. The FTC is reportedly moving to file a formal injunction to block the deal. The FTC is attempting to stop the Microsoft and Activision Blizzard deal from going through ahead of its deadline. Microsoft is […]

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FTC aiming to block Microsoft’s Activision Blizzard acquisition with injunction (Update)

What you need to know The long, exhausting battle for Microsoft to acquire Activision Blizzard treks into another saga today. The FTC is reportedly moving to file a formal injunction to block the deal. The FTC is attempting to stop the Microsoft and Activision Blizzard deal from going through ahead of its deadline. Microsoft is […]

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Microsoft has filed its appeal to the UK’s CMA over the Activision Blizzard acquisition

What you need to know Microsoft’s acquisition of Activision Blizzard King will cost the company $68.7 billion, a record-breaking deal for the gaming industry. The deal has been approved by a majority of regulators including Brazil, China, and the European Union. The UK CMA ruled against the acquisition on the grounds of protecting the nascent […]

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Microsoft’s $68.7B acquisition of Activision gets the green light from the EU

Microsoft has managed to assuage the EU’s concerns about its acquisition of Activision Blizzard King and it received the green light. The $68.7 billion deal still has hurdles to clear, e.g. it was recently blocked by the UK regulator, the FTC in the US is not on board yet either. EU’s approval came with a […]

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Microsoft’s acquisition of Activision blocked by UK regulator

The UK’s Competition and Markets Authority (CMA) has ruled against Microsoft’s $68.7 billion acquisition deal of Blizzard Entertainment. As per the CMA, the potential deal for Blizzard Entertainment would make Microsoft a dominant player in the cloud gaming sphere while in turn stifling competition and leaving UK gamers with less choice in the years to […]

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UK Regulator Blocks Microsoft’s $70 Billion Activision Blizzard Acquisition

The U.K.’s antitrust regulator has announced it will block Microsoft’s purchase of Activision Blizzard over concerns the deal would be anticompetitive in the cloud gaming market. In a press release announcing the block, the Competition and Markets Authority (CMA) said it had prevented Microsoft’s proposed purchase of Activision over concerns the deal would lead to […]

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OVHcloud : acquisition de sa première machine quantique

 OVHcloud annonce l’acquisition de sa première machine quantique. Il s’agit de l’ordinateur MosaiQ, équipé d’un processeur photonique et conçu par le français Quandela. OVH entend utiliser cet outil à des fins de R&D. “Le groupe redouble d’efforts sur le sujet de l’informatique quantique et ambitionne de pourvoir ses équipes de recherche et développement avec les […]

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T-Mobile announces Mint Mobile and Ultra Mobile acquisition

T-Mobile is acquiring Ka’ena Corporation – the company behind MVNO carriers Mint Mobile and Ultra Mobile in a deal reportedly worth $1.35 billion. The deal will include a 39% cash payment and 61% stock. The transaction will depend on Ka’ena Corporation’s performance in the coming months as well as other contractual reserves and is expected […]

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UK regulator: Microsoft’s acquisition of Activision will hurt gamers

Microsoft’s acquisition of Activision has been a hot topic for the last year or so, but regulatory hurdles are still preventing the two companies from finalizing the deal worth $68.7 billion, which is the biggest takeover in tech history. The latest regulatory body to express its concerns is the British Competition and Markets Authority. Analysts […]

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Activision CEO: The UK will become a tech investment ‘Death Valley’ if it blocks the Microsoft acquisition — why he’s right

In a new interview, Activision CEO Bobby Kotick had some pretty stinging words for the UK regulatory commission, who are widely rumored to be gearing up to block the big Microsoft Activision merger.  Last year, Microsoft announced its intent to purchase Call of Duty maker Activision Blizzard for a megalithic $69 billion dollars. That would […]

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EU antitrust commission to object Microsoft’s acquisition of Activision

Last January Microsoft offered to buy Activision Blizzard in a $68.7 billion deal, but that’s still facing various issues and it’s not finalized. The latest obstacle comes from the EU commissions, which isn’t convinced the acquisition will do the market any good. According to people familiar with the matter, EU’s antitrust commission has serious concerns […]

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