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Tag: Mergers & Acquisitions

Musk’s xAI and X merger reveals his grand plan – if you’re willing to bet on it

Elon Musk’s xAI merges with X in a bold move to unify his empire, promising big returns—but only if his future-focused vision pays off.

Milestone Systems acquires brighter AI to strengthen privacy-focused video technology

Milestone Systems acquires brighter AI to strengthen responsible video technology, boost privacy, and enhance Europe’s AI leadership.

Armis acquires OTORIO to enhance on-premises security and strengthen cyber physical systems protection

Armis acquires OTORIO to expand its on-premises cybersecurity solutions, strengthening OT, ICS, and CPS protection for critical industries.

Airwallex to acquire CTIN Pay in Vietnam to boost Asia-Pacific expansion

Airwallex signs agreement to acquire Vietnam’s CTIN Pay, strengthening its financial network in Southeast Asia and supporting business growth.

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.

Zeekr completes integration with Geely, making Lynk & Co a subsidiary

Zeekr finalises its integration with Geely, making Lynk & Co a subsidiary, expanding its electric and hybrid lineup, and strengthening its global presence.

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.