Mergers And Acquisitions
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Apple Reportedly in Talks to Acquire Perplexity AI to Strengthen Its Artificial Intelligence Efforts
- Monday June 23, 2025
- Written by Akash Dutta, Edited by Siddharth Suvarna
Apple executives have reportedly discussed the possibility of purchasing Perplexity to alleviate its AI woes. As per the report, the Cupertino-based tech giant has held internal discussions about the acquisition, and it has been weighed by the head of acquisitions and mergers, Adrian Perica. If such a deal goes ahead, the iPhone maker might use the...
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www.gadgets360.com
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Trump Media to Raise $2.5 Billion to Invest in Bitcoin
- Wednesday May 28, 2025
- Reuters
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
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www.gadgets360.com
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"To Set Record Straight...": Unacademy CEO Denies Reports Of Merger, Acquisition
- Wednesday July 3, 2024
- Business News | IANS
After reported layoffs of around 250 employees in the latest job cuts, edtech firm Unacademy Co-founder and CEO Gaurav Munjal on Wednesday denied the reports of a possible merger or an outright acquisition, saying "ignore the rumours".
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www.ndtv.com
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Sony Sends Termination Letter To Zee Over India Merger: Report
- Monday January 22, 2024
- India News | Anto Antony and PR Sanjai, Bloomberg
Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up.
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www.ndtv.com
-
US FTC Argues Microsoft's Deal to Acquire Activision Should Be Temporarily Blocked
- Friday June 23, 2023
- Reuters
The US Federal Trade Commission on Thursday argued in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision Blizzard. The FTC argues it needs a judge to block Microsoft and Activision Blizzard from closing their $69 billion (about Rs. 5,65,921 crore) merger until the agency's in-house ...
-
www.gadgets360.com
-
Microsoft Wins Against Gamers Blocking Activision Blizzard Acquisition Deal
- Monday May 22, 2023
- Reuters
Microsoft evaded a potential early legal obstacle in its $69 billion (nearly Rs. 5,71,730 crore) deal to acquire Call of Duty video game maker Activision Blizzard, when a US judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition. US District Judge said in a ruling that the video gamers had not shown they ...
-
www.gadgets360.com
-
Government Proposes Competition Law Amendment; Seeks to Tighten Rules on Antitrust Scrutiny
- Friday August 5, 2022
- Reuters
The government is looking to amend the rules around the scrutiny of mergers and acquisitions, as part of proposed legislation to overhaul the country's competition law. The draft law proposes all deals worth over Rs. 2,000 crore should be subject to antitrust scrutiny if the companies have substantial business operations in the country.
-
www.gadgets360.com
-
Elon Musk Reacts to Twitter Lawsuit Over Breach of $44 Billion Deal: All Details
- Wednesday July 13, 2022
- Press Trust of India
Tesla CEO Elon Musk took to Twitter to react to Twitter filing a lawsuit against him on Tuesday, tweeting "Oh the irony lol", shortly after news surfaced that the microblogging site was suing the Tesla CEO. Twitter on Tuesday asked the Delaware's Court of Chancery to compel Musk to fulfil his obligations regarding the $44 billion (roughly Rs. 3,37,...
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www.gadgets360.com
-
eToro Crypto Trading Firm’s Acquisition Deal With FinTech V Called Off, Here’s Why
- Wednesday July 6, 2022
- Radhika Parashar
eToro, the stocks and crypto trading platform is not being acquired by the special purpose acquisition company FinTech V. The proposed merger was initially announced in March 2021. Had it been completed; the agreement would have allowed eToro to go public bringing the estimated equity value of the combined entities at around $10.4 billion (roughly ...
-
www.gadgets360.com
-
Roxe Holdings Said to Go Public in $3.65 Billion Merger Deal With Goldenstone Acquisition
- Wednesday June 22, 2022
- Reuters
Roxe Holdings, a Blockchain-based payments company, is reportedly nearing a deal to go public through a merger with blank check company Goldenstone Acquisition Limited at a combined valuation of $3.65 billion (nearly Rs. 28,500 crore). Roxe investors are also entitled to an earnout for additional shares in the combined company if certain stock pric...
-
www.gadgets360.com
-
Zoom, Five9 to Terminate Nearly $15 Billion Deal After Shareholder Vote
- Friday October 1, 2021
- Reuters
Zoom’s acquisition of Five9 in a $14.7 billion deal was called off after Five9 shareholders voted it down in a major blow to Zoom's plan to expand its offerings following its pandemic boom.
-
www.gadgets360.com
-
Big Tech's Little Mergers Draw More US Antitrust Scrutiny
- Thursday September 16, 2021
- Reuters
US Federal Trade Commission staff presented data on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier — both steps indicating plans to be tougher on deals.
-
www.gadgets360.com
-
Kenya Airways and Brazil's Embraer Agree to Study Flying Taxis, Develop Operating Models
- Thursday August 12, 2021
- Reuters
Brazilian aerospace company Embraer said its flying taxi unit Eve has signed an agreement with a subsidiary of Kenya Airways to develop operating models in its key markets.
-
www.gadgets360.com
-
Salesforce Closes $27.7-Billion Slack Acquisition, Aims to Connect Companies via the Workplace App
- Thursday July 22, 2021
- Reuters
Salesforce closed its $27.7-billion (roughly Rs. 2,06,255 crores) purchase of Slack, a massive bet that the workplace app will become popular for collaborations within and between companies.
-
www.gadgets360.com
-
Byju’s Acquires Aakash Educational Services Tutorial Chain, Deal Said to Cost Nearly $1 Billion
- Monday April 5, 2021
- Jagmeet Singh
Byju’s, the Indian edutech giant, on Monday announced that it has acquired the brick-and-mortar educational institution chain Aakash Educational Services through a strategic merger. The deal is aimed to help blend online and offline education in the country.
-
www.gadgets360.com
-
Apple Reportedly in Talks to Acquire Perplexity AI to Strengthen Its Artificial Intelligence Efforts
- Monday June 23, 2025
- Written by Akash Dutta, Edited by Siddharth Suvarna
Apple executives have reportedly discussed the possibility of purchasing Perplexity to alleviate its AI woes. As per the report, the Cupertino-based tech giant has held internal discussions about the acquisition, and it has been weighed by the head of acquisitions and mergers, Adrian Perica. If such a deal goes ahead, the iPhone maker might use the...
-
www.gadgets360.com
-
Trump Media to Raise $2.5 Billion to Invest in Bitcoin
- Wednesday May 28, 2025
- Reuters
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
-
www.gadgets360.com
-
"To Set Record Straight...": Unacademy CEO Denies Reports Of Merger, Acquisition
- Wednesday July 3, 2024
- Business News | IANS
After reported layoffs of around 250 employees in the latest job cuts, edtech firm Unacademy Co-founder and CEO Gaurav Munjal on Wednesday denied the reports of a possible merger or an outright acquisition, saying "ignore the rumours".
-
www.ndtv.com
-
Sony Sends Termination Letter To Zee Over India Merger: Report
- Monday January 22, 2024
- India News | Anto Antony and PR Sanjai, Bloomberg
Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up.
-
www.ndtv.com
-
US FTC Argues Microsoft's Deal to Acquire Activision Should Be Temporarily Blocked
- Friday June 23, 2023
- Reuters
The US Federal Trade Commission on Thursday argued in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision Blizzard. The FTC argues it needs a judge to block Microsoft and Activision Blizzard from closing their $69 billion (about Rs. 5,65,921 crore) merger until the agency's in-house ...
-
www.gadgets360.com
-
Microsoft Wins Against Gamers Blocking Activision Blizzard Acquisition Deal
- Monday May 22, 2023
- Reuters
Microsoft evaded a potential early legal obstacle in its $69 billion (nearly Rs. 5,71,730 crore) deal to acquire Call of Duty video game maker Activision Blizzard, when a US judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition. US District Judge said in a ruling that the video gamers had not shown they ...
-
www.gadgets360.com
-
Government Proposes Competition Law Amendment; Seeks to Tighten Rules on Antitrust Scrutiny
- Friday August 5, 2022
- Reuters
The government is looking to amend the rules around the scrutiny of mergers and acquisitions, as part of proposed legislation to overhaul the country's competition law. The draft law proposes all deals worth over Rs. 2,000 crore should be subject to antitrust scrutiny if the companies have substantial business operations in the country.
-
www.gadgets360.com
-
Elon Musk Reacts to Twitter Lawsuit Over Breach of $44 Billion Deal: All Details
- Wednesday July 13, 2022
- Press Trust of India
Tesla CEO Elon Musk took to Twitter to react to Twitter filing a lawsuit against him on Tuesday, tweeting "Oh the irony lol", shortly after news surfaced that the microblogging site was suing the Tesla CEO. Twitter on Tuesday asked the Delaware's Court of Chancery to compel Musk to fulfil his obligations regarding the $44 billion (roughly Rs. 3,37,...
-
www.gadgets360.com
-
eToro Crypto Trading Firm’s Acquisition Deal With FinTech V Called Off, Here’s Why
- Wednesday July 6, 2022
- Radhika Parashar
eToro, the stocks and crypto trading platform is not being acquired by the special purpose acquisition company FinTech V. The proposed merger was initially announced in March 2021. Had it been completed; the agreement would have allowed eToro to go public bringing the estimated equity value of the combined entities at around $10.4 billion (roughly ...
-
www.gadgets360.com
-
Roxe Holdings Said to Go Public in $3.65 Billion Merger Deal With Goldenstone Acquisition
- Wednesday June 22, 2022
- Reuters
Roxe Holdings, a Blockchain-based payments company, is reportedly nearing a deal to go public through a merger with blank check company Goldenstone Acquisition Limited at a combined valuation of $3.65 billion (nearly Rs. 28,500 crore). Roxe investors are also entitled to an earnout for additional shares in the combined company if certain stock pric...
-
www.gadgets360.com
-
Zoom, Five9 to Terminate Nearly $15 Billion Deal After Shareholder Vote
- Friday October 1, 2021
- Reuters
Zoom’s acquisition of Five9 in a $14.7 billion deal was called off after Five9 shareholders voted it down in a major blow to Zoom's plan to expand its offerings following its pandemic boom.
-
www.gadgets360.com
-
Big Tech's Little Mergers Draw More US Antitrust Scrutiny
- Thursday September 16, 2021
- Reuters
US Federal Trade Commission staff presented data on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier — both steps indicating plans to be tougher on deals.
-
www.gadgets360.com
-
Kenya Airways and Brazil's Embraer Agree to Study Flying Taxis, Develop Operating Models
- Thursday August 12, 2021
- Reuters
Brazilian aerospace company Embraer said its flying taxi unit Eve has signed an agreement with a subsidiary of Kenya Airways to develop operating models in its key markets.
-
www.gadgets360.com
-
Salesforce Closes $27.7-Billion Slack Acquisition, Aims to Connect Companies via the Workplace App
- Thursday July 22, 2021
- Reuters
Salesforce closed its $27.7-billion (roughly Rs. 2,06,255 crores) purchase of Slack, a massive bet that the workplace app will become popular for collaborations within and between companies.
-
www.gadgets360.com
-
Byju’s Acquires Aakash Educational Services Tutorial Chain, Deal Said to Cost Nearly $1 Billion
- Monday April 5, 2021
- Jagmeet Singh
Byju’s, the Indian edutech giant, on Monday announced that it has acquired the brick-and-mortar educational institution chain Aakash Educational Services through a strategic merger. The deal is aimed to help blend online and offline education in the country.
-
www.gadgets360.com