Merge and Acquisition

Auto Added by WPeMatico

Fresh from €1.2bn, NEURA buys its second company in eleven days

NEURA Robotics is buying a company that makes cleaning robots, and says it wants to replace their brains. The German firm is acquiring 100% of Adlatus Robotics, an Ulm maker of autonomous cleaning and sweeping machines. It announced the deal on Monday, datelined Stuttgart, Hamburg and Ulm. Neither company disclosed a price. What Adlatus already […]

This story continues at The Next Web

Fresh from €1.2bn, NEURA buys its second company in eleven days Read More »

PayPal is no longer refusing to sell. Now the question is whether regulators allow it

The Wall Street Journal reported the talks on 14 August. Cara Lombardo, Gina Heeb and Lauren Thomas wrote it. The framing is what changed. PayPal is in talks to sell itself, rather than fielding an offer it has rejected. Stripe and Advent International proposed $60.50 a share in July, which PayPal considered insufficient. The two […]

This story continues at The Next Web

PayPal is no longer refusing to sell. Now the question is whether regulators allow it Read More »

SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before

SpaceX confirmed completion in a regulatory filing. Bloomberg’s Carmen Arroyo and Natasha Mascarenhas reported the close. The desk covered the binding agreement in June, when SpaceX filed an 8-K and said it expected to complete in the third quarter, subject to regulatory approval. That approval has now happened, on the schedule the filing set out. […]

This story continues at The Next Web

SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before Read More »

An activist investor says the market has decided Lionsgate is an AI casualty. It wants the studio to prove otherwise or sell.

Activist investor Anson Funds is pressing Lionsgate to redefine itself for the AI era or put itself up for sale, according to a July letter to the board reviewed by Semafor. The argument turns on how the market reads a film library. “The rise of generative AI has led the market to sort companies bluntly into […]

This story continues at The Next Web

An activist investor says the market has decided Lionsgate is an AI casualty. It wants the studio to prove otherwise or sell. Read More »

The biggest leveraged buyout in history just took EA private

The largest leveraged buyout in history has closed. Electronic Arts is now private. A group led by Saudi Arabia’s Public Investment Fund bought it for $55bn, alongside Silver Lake and Jared Kushner’s Affinity Partners. The maker of The Sims, Battlefield and EA Sports FC comes with roughly $20bn of new debt attached. The paperwork is […]

This story continues at The Next Web

The biggest leveraged buyout in history just took EA private Read More »

Bending Spoons is buying Airtable for $1.285bn: “We’re committed for the long run”

Bending Spoons has agreed to buy Airtable for $1.285bn. Its chief executive is selling the deal as a long-term bet. “Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows,” said Luca Ferrari, the Italian company’s CEO and co-founder. He added that Bending Spoons is “committed to investing in Airtable for […]

This story continues at The Next Web

Bending Spoons is buying Airtable for $1.285bn: “We’re committed for the long run” Read More »

Yellow.ai is going public to buy the call centres it wants to replace with AI

Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing operators it aims to automate. The deal folds Yellow.ai into Bluerock Acquisition […]

This story continues at The Next Web

Yellow.ai is going public to buy the call centres it wants to replace with AI Read More »

Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too.

Nscale, the London AI-cloud company that owns its own power and data centres, is buying its way up the stack. It has agreed to acquire Anyscale, the startup behind the widely used Ray software. Bloomberg reported the deal at about $1.65bn. Nscale announced the acquisition on Thursday but did not put a price on it. […]

This story continues at The Next Web

Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too. Read More »

Procore’s AI could read the blueprints. For $845M, it just bought eyes on the site.

Procore’s AI can read a construction project’s paperwork. Now it is paying $845m to give that AI eyes on the actual site. The construction-software company said it will buy DroneDeploy, a reality-capture and robotics firm, for about $845m in cash, Procore announced. DroneDeploy’s drones, ground robots and cameras are used on more than 3 million […]

This story continues at The Next Web

Procore’s AI could read the blueprints. For $845M, it just bought eyes on the site. Read More »

IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature.

Six days ago, IBM agreed to buy a quantum-computing lab that builds a kind of qubit IBM does not. This week, the lab showed the world why. HRL Laboratories published a result in Nature on Wednesday: a silicon quantum processor that, in effect, runs itself. The Malibu research house is jointly owned by Boeing and […]

This story continues at The Next Web

IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature. Read More »

Shopping Cart