Edom to acquire fellow IC distributor Promaster
Edom Technology has announced plans to acquire fellow Taiwan-based IC distributor Promaster Technology, which sells mainly RF and 5G connectivity chips, through a share swap......»»
Square to acquire Afterpay, Australian buy now, pay later platform for $29 billion
Jack Dorsey's Square is spending $29 billion on an Australian buy now, pay later firm — a massive purchase that will help his company build out its global payments empire......»»
MediaTek terminates deal to acquire assets related to PWM IC from Intel
MediaTek has announced that on behalf of subsidiary Richtek Technology, its agreement with Intel to acquire assets related to the power management solutions product line sold under the Enpirion brand owned by Intel and its subsidiaries has been termi.....»»
National parochialism widespread, worldwide
In our globalized world, cooperation between citizens of different countries should actually be a matter of course. But around the world, people prefer to cooperate with their own fellow citizens rather than with foreigners. This was the result of a.....»»
Hudson Automotive to buy 3 Mercedes-Benz dealerships
Hudson Automotive Group is slated to acquire two Mercedes-Benz dealerships in Ohio and one in Kentucky. The deal is set to close in mid-September......»»
Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe
The round comes about a year after Solarisbank's last round of $67.5 million, but as a sign of the times, what is perhaps more notable is that its valuation has nearly quintupled since then. Embedded finance — the process by which som.....»»
Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe
Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their own products for end users — has become a hug.....»»
IC materials distributor CWE to transform into manufacturer
Chang Wah Electomaterials (CWE), after building a solid presence in the distribution of semiconductor materials, is on track to transform into a manufacturer of diverse materials including even front-end process solutions......»»
DKEM reportedly to acquire DuPont PV silver paste business
DK Electronic Materials (DKEM), one of the two largest China-based makers of conductive PV silver paste used in production of solar cells, will invest CNY1.247 billion (US$192 million) to acquire DuPont's silver paste business, according to Chinese m.....»»
Epistar, Sanan to supply mini/microLED chips for Samsung
Taiwan-based LED epitaxial wafer and chip maker Epistar and China-based fellow maker Sanan Optoelectronics are expected to become two additional suppliers of mini/microLED chips for Samsung Electronics, with shipments to begin in the second half of 2.....»»
Is Intel eyeing global automotive IC foundry leadership?
Intel's reported US$30 billion bid to acquire Globalfoundries has called attention to whether Intel is eyeing to be the world's largest automotive IC foundry by combining GF's mature and specialty process manufacturing expertise......»»
Tencent agrees to acquire British developer Sumo Digital for $1.27 billion
Sumo was founded in 2003 and has put out a steady stream of titles ever since. Notable games developed by Sumo include Forza Horizon 2, LittleBigPlanet 3, Hitman and Hitman 2 and Crackdown 3, just to name a few......»»
Carlyle to acquire live broadcasting and streaming tech outfit LiveU for over $400M, say sources
Streaming is the name of the content game these days, and now one of the companies that builds tech to do this from anywhere in the world is getting acquired. LiveU — whose satellite/cellular hardware and software for capturing and delivering l.....»»
Synnex Technology International reports increased June revenues
IT and consumer electronics channel distributor Synnex Technology International has reported consolidated revenues of NT$33.737 billion for June, increasing 6.86% sequentially and 17.12% on year......»»
Chloroplast acquisition without gene transfer in photosynthetic sea slugs
Plants, algae and some bacteria are able to perform photosynthesis, which is the process of transforming sunlight energy into sugar. Animals are generally unable to use this process to acquire energy, but there are a few known exceptions to this. Som.....»»
Unybrands brings in $300M to acquire more e-commerce businesses
Unybrands is the latest e-commerce aggregator to pick up a significant investment, this time closing $300 million in growth capital from Crayhill Capital Management. Unybrands is the latest e-commerce aggregator to pick up a significant inv.....»»
Rats prefer to help their own kind—humans may be similarly wired
A decade after scientists discovered that lab rats will rescue a fellow rat in distress, but not a rat they consider an outsider, new UC Berkeley research pinpoints the brain regions that drive rats to prioritize their nearest and dearest in times of.....»»
ZoomInfo drops $575M on Chorus.ai as AI shakes up the sales market
ZoomInfo announced this morning it intends to acquire conversational sales intelligence tool Chorus.AI for $575 million. Shares of ZoomInfo are unchanged in pre-market trading following the news, per Yahoo Finance data. Sales intelligence, Chorus’s.....»»
Carsome Group will acquire iCar Asia in a deal worth $200M
Southeast Asia’s car marketplace wars are going into high drive. Today Carsome Group, one of the region’s largest online used car marketplaces, said it plans to acquire listings platform iCar Asia in a transaction worth more than $200 million. Ca.....»»
Microsoft to acquire cybersecurity firm RiskIQ as cyber threats mount
Microsoft on Monday announced that it's buying cybersecurity firm RiskIQ to help companies better protect themselves as ransomware and other cyber attacks become increasingly disruptive......»»
Microsoft Agrees To Acquire Cybersecurity Company RiskIQ
Microsoft said it has agreed to acquire RiskIQ, a security software maker, as the tech giant tries to expand its products and better protect customers amid a rising tide of global cyberattacks. From a report: The company announced the deal Monday on.....»»