Acquisition

Broadcom announced today it plans to finalize the $69 billion acquisition of cloud computing firm VMware tomorrow, Wednesday, marking the conclusion of one of the largest takeover deals in the technology industry. This acquisition has been under close scrutiny from […]

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Fortive, a Canadian industrial technologies company, announced on Monday that it has reached an agreement to acquire Elektro-Automatik for $1.45 billion. The all-cash deal is expected to close in the first quarter of 2024. Fortive said the acquisition will bolster […]

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Team collaboration software company Atlassian announced today it has agreed to acquire the communications and video platform platform Loom, in a deal valued at approximately $975 million. The acquisition involves around $880 million in cash and the remainder in shares. […]

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In a strategic move aimed at bolstering its software division and tapping into the growing demand for artificial intelligence, Cisco Systems announced Thursday it has agreed to buy cybersecurity firm Splunk in an all-cash deal valued at $28 billion, Reuters […]

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Kolors, a Mexico City-based startup that’s reshaping the intercity bus sector in Latin America, has acquired B2B van-pooling service provider startup Urbvan in a deal valued at $12 million in cash to boost corporate bus travel. Before the acquisition, the […]

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