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Tag: Mergers & Acquisitions

Sonar acquires AutoCodeRover to boost AI-powered software development

Sonar acquires AutoCodeRover to enhance AI-powered coding, automating debugging, improving security, and speeding up software development.

Elon Musk’s US$97 Billion OpenAI takeover attempt: Who’s funding it?

Elon Musk and investors launch a $97.4B bid for OpenAI—is it a real takeover or a move to disrupt Sam Altman’s plans?

Google strengthens Android XR with acquisition of part of HTC Vive engineering team

Google has acquired parts of HTC Vive’s engineering team to strengthen Android XR and aims to lead in augmented, virtual, and mixed reality.

Tata acquires majority stake in Apple partner Pegatron’s India unit

Tata acquires a 60% stake in Apple partner Pegatron’s India unit, strengthening India’s position in iPhone production and tech manufacturing.

Perplexity AI proposes merger with TikTok US

Perplexity AI submitted a merger bid for TikTok US, aiming to integrate video into its AI search engine before the ban deadline.

Perplexity acquires Read.cv, a professional networking platform

Perplexity acquires professional networking platform Read.cv, ending its operations. Users can export data until May 16 as domains shift to Hello.cv.

Amazon to acquire Indian BNPL startup Axio for over US$150M

Amazon is acquiring Indian BNPL startup Axio for over US$150M, strengthening its push into financial services in one of its fastest-growing markets.

China may allow Elon Musk to acquire TikTok’s US division

China may consider selling TikTok US to Elon Musk if the app is banned. ByteDance ownership remains preferred but uncertain.

Alibaba sells Sun Art hypermarket chain for US$1.7 billion to refocus on e-commerce

Alibaba sells Sun Art for US$1.7 billion, marking a strategic shift to focus on e-commerce and cloud computing while exiting brick-and-mortar retail.

17LIVE strengthens virtual influencer presence with acquisition of leading Japanese VTuber company

17LIVE acquires Japan's mikai Inc., strengthening its virtual IP strategy with top VTubers like Re:AcT, aligning with its transformation into an IP-driven platform.

Commvault strengthens cyber resilience for AWS with Clumio acquisition

Commvault acquires Clumio to boost AWS-based cyber resilience and data recovery, strengthening its cloud-native services for global customers.

IN Groupe and IDEMIA in exclusive talks over acquisition of IDEMIA Smart Identity

IN Groupe is in exclusive talks to acquire IDEMIA Smart Identity, aiming to create a global leader in secure identity solutions by 2025.