acquisition
Nvidia acquisition of ARM may be Paused
In October 2020, US Processing Chip maker Nvidia revealed it is going to invest $40 billion in UK based SoftBank owned ARM to capture the surging market for semi conductors more precisely. ARM that is now owned by the Japanese Conglomerate announced in December 2020 that it is going to be part of the Nvidia […]
Acquisitions happening in the field of Artificial Intelligence
UBER, an American multinational transportation sharing company has formally announced that it has acquired computer vision startup ‘Mighty AI’ for an undisclosed amount. The financial details of the deal remain undisclosed, but over 40 employees of the company which produces tech for self-driving cars are said to join UBER by next month end. Mighty AI […]
Grindr Dating app acquisition by Chinese firm raises data security concerns
Cybersecurity experts of the UK argue that the purchase of Grindr dating app by a Chinese firm might raise data security concerns as it might expose the user data to potential hackers and Chinese intelligence. Remember these concerns have started amid the US probe that the acquisition of the gay dating app by a Beijing […]
Email Security Firm Zix acquires Cloud Security firm AppRiver
Dallas based Zix Corp which is into the business of offering email security has officially announced that it is going to acquire cloud security firm AppRiver for $275 million. Zix which is known among healthcare, finance, and government organizations as a solutions provider for BYOD, data loss prevention and email encryption is expected to leverage […]
Apple acquires AI startup Pullstring
Apple Inc has made an official announcement last week that it is going to acquire AI startup ‘Pullstring’ for an undisclosed amount. Pullstring happens to be a California based firm which invented “Hello Barbie” and is basically into the development of interactive applications that enable computer conversation with smart characters. “As the company designs and […]
Facebook acquires AI startup GrokStyle
Facebook has made it official that it has acquired AI startup GrokStyle for an undisclosed amount. The company’s spokesperson Vanessa Chan confirmed that news and said that the new acquisition will help strengthen the stand of Facebook in the exploration of AI capabilities. Announcing the same to the world, GrokStyle has started to issue a […]
Cloud Security startup Avid Secure acquired by Sophos
Sophos, the British security software company has made it official that it has acquired Cloud security startup Avid Secure Inc for an undisclosed price. Likely, Sophos is planning to integrate AI-powered cloud security analytics offered by Avid Secure into its product offerings to emerge as a leader in public cloud offerings. Founded in the year […]
Cloud Security Company Qualys acquires Layered Insight
Foster City, Calif-based Cloud Security specialist ‘Qualys’ has made it official that it is going to acquire ‘Layered Insight’ technologies to help secure container related applications on its cloud platform. As Pleasanton based Layered Insight offers deeper visibility into applications running inside containers, Qualys wants to use those capabilities to help its users set policies, […]
Google acquires Bitium to boost its Cloud Security
Google has made it official today that it is acquiring identity and access management provider Bitium for an undisclosed amount. The move is said to enhance Google’s Cloud Security tools for enterprise customers, including single sign-on and provisioning of cloud applications. Technically speaking, Bitium allows corporate customers manage Google apps, office 365, CRM, collaboration tools […]
Google to acquire HTC and might declare the merger by this weekend
Google is all set to acquire HTC by this weekend for $1.6 billion and is said to make an official announcement by tomorrow. And as a first step to complete the deal, HTC is said to have suspended trading of its stock on the TWSE from September 21st, 2017. But the mobile manufacturer is yet […]
