Thoma Bravo wraps up $6.9bn acquisition of SailPoint
SailPoint, now a privately-held company, will be delisted from the New York Stock Exchange; Thoma Bravo will pay…
Technology
Hyundai, Boston Dynamics to invest $400m to build AI institute
16 Aug 22The institute aims to utilise skills across AI, robotics, computing, machine learning and engineering to advance technology for…
Unity board rejects AppLovin’s merger proposal
16 Aug 22Unity will continue its agreement with IronSource which is expected to produce a run rate of $1bn in…
SK hynix to start construction on US chip packaging plant in 2023
12 Aug 22The chip packaging facility will reportedly package the memory chips of SK hynix with logic chips designed by…
Intelsat partners with OneWeb to offer inflight connectivity solution
12 Aug 22The multi-orbit solution, which is expected to be in service by 2024, will help in removing significant gaps…
Ericsson, SkyMax partner on next-gen 5G network in Sub-Saharan Africa
11 Aug 22Under the terms of an MoU signed by the parties, SkyMax Network has selected Ericsson as its partner…
US DOD selects Torch.AI software for SITH capability
11 Aug 22By using Torch.AI’s software, the new SITH system is said to increase the quality and availability of information…
Micron Technology to invest $40bn in factories and memory chips in US
10 Aug 22The US-based semiconductor manufacturer expects to get grants and credits from the recently passed $280bn CHIPS and Science…
Mobile tech company AppLovin offers to acquire Unity Software for $17.5bn
10 Aug 22The proposal from AppLovin calls for the termination of Unity Software’s previously announced $4.4bn merger deal with ironSource
Avalara to go private in $8.4bn deal with Vista Equity Partners
09 Aug 22As per the terms of the transaction, shareholders of the publicly-listed automated tax compliance company, which provides cloud-based…