The high-stakes tug-of-war over Warner Bros. Discovery (WBD) remains the focal point of Hollywood, as Paramount Skydance continues to challenge Netflix’s massive acquisition proposal. In an effort to mitigate industry-wide anxiety regarding the potential merger, Netflix co-CEO Ted Sarandos has begun a charm offensive aimed at reassuring theatre owners and traditionalists about the streaming giant’s…
On Thursday, 8 January, Chinese regulators said they would investigate Meta’s acquisition of the artificial intelligence (AI) startup Manus with the Ministry of Commerce in Beijing to assess whether the transaction complies with Chinese laws governing export controls, technology imports and exports, and overseas investment. On Thursday, 8 January Chinese regulators said they would investigate…
Megaport Limited (ASX: MP1) (“Megaport”), the world’s leading Network as a Service (NaaS) provider, today announced the acquisition of Extreme IX,India’s leading Internet Exchange operator, from Extreme Labs, a Bulgaria-headquartered software and network engineering company that incubated the Extreme IX platform. The acquisition expands Megaport’s global platform into one of the world’s fastest-growing digital infrastructure…
In this episode of ITWeb TV, Lincoln Mali, CEO of Lesaka Southern Africa, talks about how the company grew from a struggling operation to a fintech powerhouse, and how its acquisition of Bank Zero will unlock new digital banking opportunities for customers. Lesaka Technologies’ acquisition of Bank Zero is expected to significantly strengthen the fintech…
This acquisition brings together Sound United’s respected roster of premium audio brands and Harman’s iconic audio portfolio. HARMAN International (“HARMAN”), a wholly-owned subsidiary of Samsung Electronics Co., Ltd., focused on connected technologies for automotive, consumer, and enterprise markets, today announced it has completed the acquisition of Sound United, the former consumer audio business of Masimo…
Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint (Photo: AETOSWire) Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, today completed its first major investment in Europe with the acquisition of a majority stake in Tendam, Spain’s second-largest apparel group by market…
Anthony Laing, General Manager of Networking at NEC XON. (Image: NEC XON) NEC XON, Africa’s largest and most experienced Juniper Networks partner, has welcomed the completion of Hewlett Packard Enterprise’s (HPE) acquisition of Juniper Networks. This strategic $14 billion deal brings together the best of enterprise networking – HPE’s Aruba and Juniper’s Mist – to…
Anthony Laing, GM of Networking at NEC XON NEC XON, Africa’s largest and most experienced Juniper Networks partner, has welcomed the completion of Hewlett Packard Enterprise’s acquisition of Juniper Networks. This strategic, US$14-billion deal brings together the best of enterprise networking – HPE’s Aruba and Juniper’s Mist – to create an unmatched, AI-native, cloud-ready networking…
Stitch has announced that it has acquired Efficacy Payments, enabling it to offer card acquiring services directly to merchants as a designated clearing system participant (DCSP) and provide more seamless and cost-effective transactions. Image supplied “We’re excited to welcome the Efficacy team into the Stitch Group and offer this critical solution to the merchants we…
Apple CEO Tim Cook Now that the Big Tech conference season is behind us, the smart money in Apple Land is saying that CEO Tim Cook should be preparing to open his chequebook for a huge AI deal, so apparent are the company’s shortcomings. The good news is, Apple has a cash hoard of more…
