acquisition

Jensen Huang, CEO of Nvidia Corporation (NASDAQ:NVDA), stated that the company’s investment approach is to back a wide array of tech firms, rather than just a select few. While speaking on the “Dwarkesh” podcast, aired on Wednesday, Huang clarified, “There are...

Diageo is exploring a potential sale of part or all of Royal Challengers Bengaluru, the Indian Premier League cricket franchise, as interest from bidders builds. Diageo has explored selling part or all of RCB at a valuation of up to $2 billion. RCB was previously owned by Vijay Mallya before...

President Donald Trump‘s plan to acquire Greenland, despite its potential strategic and natural resource benefits, could cost the U.S. nearly $1 trillion over the next 20 years, with minimal economic return, according to industry and geopolitical analysts. Even though the acquisition of...

Eaton Corporation (NYSE:ETN), a global intelligent power management company, has agreed to acquire Fibrebond Corporation for $1.4 billion. Based in Louisiana, Fibrebond specializes in modular power enclosures for data centers and industrial markets and is projected to generate approximately $378...

Interactive Strength Inc. (NASDAQ:TRNR) shares were surging higher in early Thursday trading after the company inked a non-binding letter of intent and exclusivity agreement to acquire connected-fitness equipment company for an undisclosed amount. The deal strengthens TRNR's growth strategy by...

Atlantic Union Bankshares Corp (NYSE:AUB) has announced its acquisition of Sandy Spring Bancorp Inc (NASDAQ:SASR) for $1.6 billion, marking the fourth regional bank deal exceeding $1 billion this year. What Happened: The all-stock transaction will enhance Atlantic Union’s presence in...

Chip giant Qualcomm Inc. (NASDAQ:QCOM) reportedly approached its struggling competitor Intel Corp. (NASDAQ:INTC) for a possible takeover. What Happened: Qualcomm’s takeover attempt was in recent days, which if it goes through, would be monumental given Intel’s market value of...

In the midst of a possible ban or sale in the U.S., social media giant TikTok is reportedly strengthening its ties with Amazon.com Inc, leading to speculation about a potential acquisition. What Happened: TikTok, owned by China-based ByteDance, is intensifying its relationship with Amazon. This...

Google parent Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) is reportedly in talks to acquire cybersecurity startup Wiz Inc. in a deal valued at $23 billion. What Happened: Alphabet’s acquisition of Wiz, a New York-based firm specializing in cloud storage security, is not yet confirmed and could...

In a recent development, Bitcoin (CRYPTO: BTC) mining company Riot Platforms Inc. (NASDAQ:RIOT) has increased its stake in competitor Bitfarms Ltd. (NASDAQ:BITF) to 12%. What Happened: Riot Platforms acquired roughly 1.5 million shares of Bitfarms at an approximate price of $2.45 per share, as per...

Salesforce, Inc. (NYSE:CRM) is reportedly in advanced negotiations to acquire Informatica Inc. (NYSE:INFA), a data-management software provider. A potential complicating factor is that the discussed price for the acquisition is lower than Informatica’s recent closing stock price of $38.48,...

Amid heightened legislative scrutiny, Steven Mnuchin, the former U.S. Treasury Secretary, is reportedly spearheading an effort to acquire the widely-used social media platform TikTok. What Happened: Mnuchin is organizing an investor group to purchase TikTok, CNBC reported on Thursday. This move...

In a significant move, Cox Enterprises is acquiring OpenGov, a prominent software provider for state and city agencies, in a deal valued at $1.8 billion. What Happened: Cox Enterprises, a family-owned business known for its communication and automotive services, is set to buy the remaining stake in...

Uber Technologies Inc (NYSE:UBER) is reportedly considering the acquisition of grocery delivery company Instacart, according to a recent analyst report. The news has significantly impacted Instacart’s (NASDAQ:CART) stock, which experienced a notable surge. What Happened: Barron’s...

In a potentially game-changing move, Hewlett Packard Enterprise Co (NYSE:HPE) is reportedly in advanced discussions to acquire networking equipment competitor Juniper Networks, Inc. (NYSE:JNPR). This news has prompted a surge in Juniper’s stock. What Happened: HP might be on...