acquisition agreement

2022.01.25

12:34

Nvidia to drop Arm deal: SoftBank steps up IPO preparations, sources say

Asian Tech Press (Jan 25) -- Nvidia is quietly preparing to abandon its Arm acquisition because it has made little progress in winning regulatory approval, Bloomberg reported, citing sources familiar with the matter.

2022.01.12

08:45

Taiwan's GlobalWafers Nears China Approval for Siltronic Deal

Asian Tech Press (Jan 12) -- Taiwanese silicon wafer manufacturer GlobalWafers is on the verge of clearing a major regulatory hurdle in its $5.3 billion acquisition of German silicon wafer maker Siltronic AG, according to sources familiar with the matter, Bloomberg reported.

2021.12.17

09:28

BEST Inc closes $1.1 bln deal to sell its China express business to J&T Express

Asian Tech Press (Dec 17) -- Chinese express company BEST Inc (BEST:New York) announced on Friday that it completed the sale of its domestic express business to Indonesian logistics company J&T Express.

08:24

Oracle to acquire electronic medical information company Cerner

Asian Tech Press (Dec 17) -- According to media reports, people familiar with the matter have revealed that Oracle Co., one of the largest software providers, is in talks to acquire Cerner, an electronic medical information company, in a deal worth up to $30 billion. If the agreement is reached, it will become Oracle's largest acquisition ever.

08:11

KKR announces deal to buy software firm Yayoi from Japan's Orix

Asian Tech Press (Dec 17) -- U.S. private equity firm KKR & Co Inc announced Friday that it has signed an agreement to acquire software firm Yayoi Co Ltd. from Japanese leading financial services provider ORIX Corp.

2021.10.21

08:22

PayPal to acquire Pinterest for $45 billion

Asian Tech Press (OCT 21) -- According to people familiar with the matter, PayPal is set to acquire social media company Pinterest, with negotiations already in the final stages. If it goes through, it will be the largest acquisition in the social media industry to date and heralds closer cooperation between fintech and social media platforms in the e-commerce sector.

2021.10.19

09:02

Synopsys completes buying semiconductor and flat panel display solutions from BISTel

Asian Tech Press (OCT 19) -- Synopsys recently announced the completion of the acquisition of BISTel's s semiconductor and flat panel display solutions.

2021.10.14

09:50

Tencent Kandian to rebrand after buying Sogou

Asian Tech Press (OCT 14) -- Tencent Kandian, a subsidiary of Tencent PCG, will be officially renamed as "Information Platform and Service Line." The main reason for this organizational restructuring is to merge part of the Sogou team and carry out strategic transformation simultaneously.

2021.09.09

09:20

Japan's Canon to buy Canadian chipmaker Redlen Technologies for $270 million

Asian Tech Press (SEP 09) -- Japanese optical products manufacturer Canon is set to acquire Canadian chipmaker Redlen Technologies inc for about $270 million. The acquisition is expected to be completed this fall, according to media reports.

2021.08.31

08:43

Prosus buys Indian payments platform BillDesk for $4.7 billion

Asian Tech Press (Aug 31)-- Prosus announced that it has agreed to acquire the Indian payments platform BillDesk for $4.7 billion to complement its PayU business in India.

2021.07.22

10:20

India's antitrust body accuses Amazon of concealing facts in deal for Future Group unit

NEW DELHI, July 22 (Reuters) - India's antitrust regulator has accused Amazon.com Inc of concealing facts and making false submissions when it sought approval for a 2019 investment in a Future Group unit, a letter to the US e-commerce giant seen by Reuters showed.

2021.07.20

12:01

India's Supreme Court begins hearing Amazon-Future case

Asian Tech Press -- The Supreme Court of India began hearing the case of Amazon and Future Retail on Tuesday, according to The Economic Times.

06:54

YouTube acquires Indian e-commerce platform simsim

Asian Tech Press -- YouTube has signed a definitive agreement to acquire simsim, an Indian video-based e-commerce platform, Google India announced Tuesday in a blogpost.

2021.07.19

07:35

Tencent to buy UK game company Sumo in $1.27 bln deal

Asian Tech Press -- China's tech giant Tencent Holdings Ltd.s has proposed to buy British game Sumo Group plc in a deal that valued the firm at 919 million pounds ($1.27 billion), according to Reuters.

2021.07.15

04:28

Toyota's Woven Planet acquires U.S mapping startup Carmera

According to media reports, Toyota Motor Corporation's self-driving subsidiary Woven Planet announced that it had acquired Carmera, a U.S.-based driverless mapping, and road data provider. The acquisition of Carmera gives Woven Planet a rapid boost in its ability to update high-definition maps automatically.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Singapore investigates Nvidia server export fraud
                            2025-03-03

                                    Shenzhen: By 2027, there will be more than 1,200 companies related to the embodied intelligent robot industry cluster
                            2025-03-03

                                    Hongqi Chain Store: Deputy General Managers Zhang Ying, Wan Chun, Hong Fan and Yang Yuanbin resigned
                            2025-03-03

                                    Shenzhen: Focus on supporting key core technologies such as core components of embodied intelligent robots, AI chips, and bionic dexterous hands
                            2025-03-03

                                    Intel showcases Xeon 6 processor-based network infrastructure at MWC2025
                            2025-03-03