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.
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.”
Kong, a vendor of cloud native Microservice and API Gateway Software and Services, acquires Insomnia. Goal of the acquisition is offer new api testing capabilities, that Kong plans to turn into an end to end API lifecycle management product.
In 2015, it was big news to the Startup and VC scene, when Microsoft announced it would acquire Wunderlist. Back then, 6Wunderkinder was one of the most promising StartUps in the German Capital. The social media bubble immediately started debating the future of the product and whether Microsoft would spoil it or even shut it down.
The recent past showed all fears held true when Microsoft announced the shutdown of Wunderlist in favour of a “To-Do” app, to the disappointment of it’s entire user base.
Now, another two years later, Christian Reber, CEO and Founder of 6 Wunderkinder, announced his plans to buy back the core application from Microsoft. VentureBeat has more