Yahoo, Alibaba Reach $7.1B Agreement
[Techtaffy Newsdesk] Yahoo and Alibaba have entered into a definitive agreement for a staged and comprehensive value realization plan for Yahoo’s stake in Alibaba. The first step is the repurchase by...
View ArticleSprint to Acquire Clearwire For $2.2 Billion
[Techtaffy Newsdesk] Sprint has entered into a definitive agreement to acquire the approximately 50 per cent stake in Clearwire it does not currently own, for $2.97 per share, or $2.2 billion. The...
View ArticleLiberty Global To Acquire Virgin Media For $23.3B
[Techtaffy Newsdesk] Liberty Global will acquire Virgin Media in a stock and cash merger valued at approximately $23.3 billion. After the deal, roughly 80% of Liberty Global’s revenue will come from...
View ArticleBMC Software Sold In $6.9 Billion Deal
BMC Software has signed a definitive agreement to be acquired by a private investor group led by Bain Capital and Golden Gate Capital together with GIC Special Investments and Insight Venture Partners....
View ArticleSprint, Softbank Complete Merger Proceedings
Sprint Nextel and SoftBank have completed their merger. SoftBank invested approximately $21.6 billion in Sprint, consisting of approximately $16.6 billion to be distributed to Sprint stockholders and...
View ArticleFacebook, Zuckerberg Selling 70 Million Shares
Facebook is selling 70 million shares of its Class A common stock in a secondary offering. The shares are coming from Facebook (27 million and a few thousand shares), as well as from other stockholders...
View ArticleBox Files IPO Documents With SEC
Cloud file-sharing service Box has filed IPO documents with the SEC. The number of shares to be sold and the price range for the proposed offering are still being worked out. According to the Form S-1...
View ArticleProsper Marketplace Raises $165M
Prosper Marketplace, an online privately held credit marketplace, has raised a $165 million Series D round of financing. The investment was led by Credit Suisse NEXT Investors, part of Credit Suisse...
View ArticleDell sells off software division
Technology-focused private equity firm Francisco Partners and Elliott Management have signed a definitive agreement to acquire the software business from Dell. The deal is reportedly worth $2 billion,...
View ArticleCenturyLink selling data centers, colocation business for $2.5 billion
CenturyLink is selling its data centers and colocation business to a group of funds for $2.15 billion in cash, and a minority stake to be valued at $150 million in the investor’s group new private...
View ArticleMeredith buys Time
Time has entered into a definitive agreement to be acquired by Meredith in a roughly $1.8 billion deal. The post Meredith buys Time appeared first on TechTaffy.
View ArticleBarracuda Networks to be acquired for $1.6 billion
Barracuda Networks has entered into an agreement to be acquired by private equity investment firm Thoma Bravo, in an all-cash transaction valued at $1.6 billion. The post Barracuda Networks to be...
View ArticleVerifone to be acquired by Francisco Partners for $3.4 billion
Verifone Systems and Francisco Partners have entered into a definitive agreement under which an investor group led by Francisco Partners will acquire Verifone for approximately $3.4 billion. The post...
View ArticleBenevolentAI raises $115 million
BenevolentAI has raised $115 million at a pre-money valuation of $2 billion, in one of the largest funding rounds in the AI pharmaceutical sector. The post BenevolentAI raises $115 million appeared...
View ArticleBMC to acquire Compuware
KKR portfolio company BMC has signed a definitive agreement to purchase Compuware, a Thoma Bravo company. Compuware is a provider of mainframe application development, delivery, and support solutions....
View ArticleVerizon pays over $6B to acquire Tracfone
Verizon has entered into an agreement with Mexican telecommunications company America Movil to acquire Tracfone, a pre-paid and value mobile provider in the U.S. The transaction price is pegged at...
View ArticleRaytheon sells off Forcepoint cybersecurity solutions portfolio
Global investment firm Francisco Partners has signed a definitive agreement to acquire Forcepoint, a cybersecurity solutions company, and a subsidiary of Raytheon. Debt financing for the transaction...
View ArticleAMD acquiring Xilinx for $35B
Chipmaker AMD is acquiring FPGA and programmable SoCs company Xilinx, in an all-stock transaction valued at $35 billion. The transaction has been unanimously approved by the AMD and Xilinx boards, say...
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