Displaying items by tag: Acquisitions
Nvidia-ARM Deall off Citing Regulatory Challenges
In September 2020 Nvidia announced that it was in talks to acquire ARM Holdings from SoftBank Group Corp. The deal was not surprising, but it did send waves through the industry. The concerns around this deal were and are the same as the ones currently surrounding the Microsoft-Activision deal. Given the level of competition in the industry, would Nvidia use its new purchase to create roadblocks for their competition? Nvidia has always maintained that they would never do anything like this, but their assurances were never enough to get past regulators.
YouTube's Purchase of Twitch Confirmed...
The long rumored acquisition of game-streaming service Twitch by Ad-Giant Google has finally been confirmed, in what is looking to be a $1Billion deal. The original rumor surfaced back in May of this year when an article appeared in Variety. There were rumors that Microsoft and even Facebook were also looking into a purchase.
Facebook's acquisition of WhatsApp approved by the FTC
The U.S. Federal Trade Commission approved Facebook's acquisition of WhatsApp, which was announced in February. Before finalizing the transaction, companies will have to wait for approvals from other international regulators in countries where both companies operate. However, the FTC's approval did not come without warning and instructions related to the issue that stood out as the most contentious - the protection of user data.
Yahoo buys Tumblr for 1 billion dollars
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Although Tumblr is often derisively described as a heaven for hipsters and misunderstood teenagers, it does not change the fact that it is one of the largest blog services that exist. Tumblr now has over a hundred million blogs, hence rumors that Yahoo wants to buy it for a billion dollars does not really sound surprising.