BAM: After Salesforce bought Slack in a monster $27B mega-deal only in December of past year, today news have that Microsoft reportedly wants to buy Discord for more than $10B. The market for cooperation and chat solutions is in heavy motion. The Discord solution will compete with Microsoft’s home grown Teams to some extent.
Microsoft is out for shopping again and this time it wants to buy Discord, the communication platform for gamers. This morning, Bloomberg reported that the tech giant wants to acquire the app for more than $10 billion — a hefty sum. In December, Discord raised $100 million at a $7 billion valuation, so it wouldn’t be surprising […]
Dive Brief: Tinuiti, a performance marketing agency, acquired Amazon specialist shop Ortega Group, according to a news release . Financial terms of the transaction were not disclosed. Founded in 2013, Ortega is staffed with former Amazon employees — the two companies share a hometown of Seattle — and works with clients including Gerber, Grande Cosmetics, Nulo Pet Food and Pantone.
With the acquisition of Asavie, Akamai strengthens it’s mobile, IoT, and security products and services. The company’s portfolio will merge into Akamai’s Security and Personalization Services product lines. The volume of the deal was not disclosed.
After nVidia announced their intent to acquire ARM for $40B the other day, ARMs cofounder Hermann Hauser cofounder, today published an open letter to the british prime minister. The letter brings attention to economic implications the deal will bring and appeals to prevent those. To save ARM: https://savearm.co.uk/
Critical voices have expressed their concern over the market share nvidia would build only after the announcement.
nVidia has a blog post over the proceeding. Of course, not only for the sheer size of the deal at $40B, not only techcrunch but also The Verge report on how Nvidia is acquiring Arm for $40 billion. The impact and consequence of the deal is suspected to be huge. ARM’s market share in mobile computing has been tremendous. Through their licensing modes, many mobile phones can remain affordable with decent CPUs and GPUs. With nVidia in the game, a huge single vendor emerges for the market, that some random sources expressed concern over market dominance.
The article mentions the benefit for developers and the ecosystem. I’d rather be curious to understand the drivers that led to the M&A decision on the buying side.
Intel acquires Habana Labs: Intel put a heavy bet on Artificial Intelligence today. In a press-release, the company announced the acquisition of Habana Labs, a company founded and based in Caesarea, Israel. The deal was worth “approximately $2 billion”.
To push its artificial intelligence strategy, Santa Clara-based Intel has acquired Israel’s Habana Labs for “approximately $2 billion dollars.”