Tag: acquisition
Intel and Qualcomm Vie to Acquire AI Startup Led by Jim Keller Valued at $5 Billion
Intel and Qualcomm are competing to acquire Tenstorrent, an AI startup valued at $5 billion, aiming to boost their positions in specialized AI accelerators.
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GameStop Proposes $56 Billion Acquisition of eBay
GameStop offers $56 billion to acquire eBay, valuing the online auction giant at $125 per share, about 20% above Friday’s closing price.
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Cloud Provider Nebius Acquires AI Startup Eigen to Enhance Chip Performance
Nebius has purchased AI startup Eigen for $643 million to boost chip efficiency for AI workloads in its cloud infrastructure.
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Meta Acquires Startup Focused on AI Models for Robotics
Meta has acquired Assured Robot Intelligence, a startup developing AI models aimed at advancing robotic capabilities.
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Palit Confirms Continued Operation of Galax Brand Amid Full Acquisition
Palit clarifies that Galax and its associated brands will remain active following the company’s complete acquisition by Palit.
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Amazon Acquires Satellite Operator Globalstar for $11.57 Billion, Partners with Apple
Amazon has purchased satellite communications provider Globalstar for $11.57 billion and formed a partnership with Apple.
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OpenAI Invests Over $100 Million to Acquire Popular Tech Talk Show
OpenAI expands its media footprint with a multi-million dollar acquisition of TBPN, signaling a strategic shift amid AI development adjustments.
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Amazon Explores Acquisition of Satellite Operator Globalstar to Boost Connectivity Ventures
Amazon is in talks to acquire satellite communications firm Globalstar as it seeks to strengthen its low-earth orbit satellite network efforts.
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Sonova Plans to Divest Consumer Hearing and Sennheiser Headphones Businesses
Swiss hearing aid maker Sonova is set to sell its Consumer Hearing segment along with the Sennheiser headphones division acquired in 2021.
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Amazon Acquires Robotics Startup Behind Child-Sized Home Robot Sprout
Amazon has acquired Fauna Robotics, a startup known for its child-sized humanoid home robot Sprout, developed by ex-Google and Meta engineers.
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Apple’s Attempt to Acquire Halide Developer Falters Amid Co-Founder Dispute
Apple sought to enhance its iPhone 18 Pro camera app by acquiring Halide’s developer, but talks ended amid legal battles between the startup’s founders.
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Court Finds Elon Musk Misled Investors Before Twitter Acquisition
A California jury ruled that Elon Musk misled investors with tweets impacting the 2022 Twitter acquisition negotiations.
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