acquisition - Asia Tech Wire

acquisition

2022.02.28

04:28

Tencent acquires King's Bounty developer 1C Entertainment

Asian Tech Press (Feb 28) -- Tencent (0700.HK) will acquire 1C Entertainment, the developer of video game series King's Bounty, with a deal expected to close in late November.

2022.02.10

11:18

India's ShareChat to buy local rival MX's short-video platform for $700 million

Asian Tech Press (Feb 10) -- The parent entity of India's ShareChat will reportedly buy its rival MX's short video platform for roughly $700 million.

2022.01.10

08:35

Tencent to acquire gaming phone maker Black Shark, a key step into metaverse

Asian Tech Press (Jan 10) -- Chinese gaming and social media company Tencent Holdings Ltd will acquire gaming phone company Black Shark, a key step in its foray into the metaverse industry, Chinese media outlet 36Kr reported exclusively on Monday.

2021.12.03

05:33

U.S. antitrust body sues to block Nvidia's $40 billion takeover of Arm

Asian Tech Press (Dec 3) -- The U.S. Federal Trade Commission (FTC) announced Thursday that it sued on antitrust grounds to block Nvidia's planned $40 billion takeover of British chip designer Arm Ltd. from Japan's SoftBank Group.

2021.11.29

08:23

UK regulators to block Meta's acquisition of GIF platform Giphy

Asian Tech Press (Nov 29) -- The UK competition regulator is expected to block Meta's acquisition of the online GIF platform Giphy within the next few days, according to media reports.

2021.10.29

11:09

J&T Express to acquire BEST Inc's China express business for $1.1 billion

Asian Tech Press (Oct 29) -- Indonesian logistics company J&T Express agrees to acquire Chinese express company BEST Inc (BEST:New York)'s express business in China for $1.1 billion.

2021.10.15

04:10

Sogou CEO steps down, with company formally merged into Tencent

Asian Tech Press (Oct 15) -- Sogou CEO Wang Xiaochuan released an internal memo on Friday, saying that today is the great day that Sogou is formally merged into Tencent, and it is also the day he stepped down as CEO of Sogou.

2021.10.11

05:07

TCL Technology acquires 30% of former Samsung Suzhou LCD company

Asian Tech Press (Oct 11) -- Chinese electronics company TCL Technology Group Corp (000100:Shenzhen) announced on Sunday that it has acquired a 30% stake in former Samsung Suzhou LCD company, making it a wholly owned subsidiary of its affiliate TCL CSOT.

2021.09.29

04:48

Netflix acquires game developer Night School Studio

Asian Tech Press (SEP 29) -- Netflix has announced the acquisition of independent video game developer Night School Studio as its first big move into the game development sector.

03:41

Tesla battery supplier CATL to buy Canada's Millennial Lithium for C$377 mln

Asian Tech Press (Sep 29) -- Tesla battery supplier Contemporary Amperex Technology Co Ltd (CATL) has confirmed its acquisition of Canadian lithium company Millennial Lithium Corp. for C$377 million.

2021.09.24

09:00

LG Electronics acquires Israeli automotive cybersecurity startup Cybellum

Asian Tech Press (Sep 24) -- South Korean electronics company LG Electronics Inc. said Thursday that it has acquired Israeli automotive cybersecurity startup Cybellum, the Maeil Business Newspaper reported.

07:00

Sohu sells $1.18 billion shares in Tencent's takeover of Sogou

Asian Tech Press (Sep 24) -- Chinese Internet firm Sohu.com Ltd (SOHU:NASDAQ GS) announced Thursday the sale of Sogou shares worth $1.18 billion, and the completion of the merger between its search engine Sogou Inc (SOGO:NYSE) and Tencent Holdings Ltd (TCEHY:OTC US).

2021.09.22

05:23

Sony India seeks to acquire media company Zee Entertainment

Asian Tech Press (Sep 22) -- Sony Group Corp.'s Indian subsidiary, signed a nonbinding deal to acquire India's largest publicly traded television network, Zee Entertainment Enterprises Ltd (ZEEL), Bloomberg said Tuesday.

2021.09.17

08:27

UK launches in-depth investigation into Sony's AWAL acquisition

Asian Tech Press (SEP 17) -- The U.K.'s Competition and Markets Authority (CMA) said it. The CMA says that AWAL could have competed more fiercely with Sony if the acquisition had not taken place, given the current high concentration of wholesale recordings in the U.K.

2021.09.14

08:47

Qualcomm to buy Swedish automotive technology company for over US$4 billion

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