ACCC Wants More Power Over Mergers After TPG Defeat
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August 27, 2021
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Following its failure to scuttle the TPG-Vodafone merger last year, the ACCC is seeking a major overhaul of the merger process, which... Read More
Digicel Not On Telstra’s Radar Before Govt Stepped In
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August 13, 2021
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Telstra CEO Andy Penn has insisted Telstra will only take a minority stake in Digicel Pacific, and that it would be a... Read More
Seisma Acquires Smartapps
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August 12, 2021
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Australian IT professional services group Seisma has acquired Smartapps, an Australian provider of Salesforce application development, consulting and managed services. Seisma says... Read More
Dicker Takes Over Exeed
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August 2, 2021
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Technology hardware, software, and cloud distributor Dicker Data, has agreed to acquire New Zealand IT distributor Exeed Group. Dicker stock rose 11.2... Read More
A Cloud Guru Closes $2bn Deal With Pluralsight
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July 12, 2021
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US online education company Pluralsight has closed its US$2 billion deal to acquire Australian cloud computing online training company A Cloud Guru.... Read More
MYOB Acquires Two Partners
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July 5, 2021
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Enterprise solutions company MYOB has acquired two rival companies Sydney-based Axsys and Queenslander Exobiz. MYOB general manager for enterprise, Kim Clarke, said... Read More
Vocus Group Takeover Poised To Pass Penultimate Hurdle
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June 22, 2021
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The $3.5 billion takeover of telecom Vocus is expected to pass its penultimate hurdle today after the Foreign Investment Review Board cleared... Read More
Superloop Snaps Up Exetel For $110 Million
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June 8, 2021
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Superloop is forking out $110 million to buy Exetel, the largest independent internet service provider in Australia. The deal, which includes $100... Read More
Microsoft Wins US Antitrust OK For $16 Billion Purchase Of Nuance
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June 7, 2021
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Microsoft has won US antitrust approval for its deal to buy artificial intelligence and speech technology company Nuance Communications. The US$16 billion... Read More
Europe Approves SK Hynix Intel NAND Flash Deal
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May 24, 2021
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The European Commission has approved SK Hynix’s acquisition of Intel’s NAND flash and solid-state drive businesses. The approval brings the South Korean... Read More
Fresh Headache For Nvidia ARM Buyout As UK Govt Wades In
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April 20, 2021
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Chipmaking giant Nvidia has hit a major and unexpected hurdle in its bid for ARM, with the UK government intervening on national... Read More
US Senator Wants Big Tech Banned From Acquisitions
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April 14, 2021
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Influential Republican Senator Josh Hawley, pictured, a staunch critic of Big Tech, has introduced a bill to Congress that would ban all... Read More
Rising Sun Pictures Sold To US
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April 12, 2021
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Australian award-winning visual effects business Rising Sun Pictures (RSP) has been snapped up by Los Angeles-based studio FuseFX in a bid to... Read More
Toshiba Receives Buyout Offer From CVC
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April 7, 2021
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Japanese tech company Toshiba has officially confirmed that it has received a buyout offer from CVC Capital Partners. If accepted, the deal... Read More
Microsoft Wants To Acquire Discord For Over US$10 Billion
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March 24, 2021
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Discord, a community chat platform for video gamers, is considering offering itself for sale for more than a reported US$10 billion (about... Read More
Square to Become Majority Owner of Jay-Z’s Tidal
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March 5, 2021
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Square, Jack Dorsey’s digital payments company, has announced that it will be acquiring a majority ownership stake in the music streaming service... Read More
Salesforce Buys Slack In $37.5 Billion Takeover
Global customer relationship management (CRM) giant Salesforce will buy Slack in a $27.7bn USD ($37.5bn AUD) deal. The major rival to Microsoft’s... Read More
Should Google Buy Fitbit? ACCC Asks Aussies
The ACCC has called for submissions on Google’s proposed acquisition of Fitbit, and a court-enforceable undertaking that would protect user data. The... Read More
News Says No Thanks To “Blank Cheque” For Foxtel
News Corp reportedly turned down a “blank cheque” offer from a US firm to invest in Foxtel in the middle of this... Read More
ACCC Says “Yes” To Optus Amaysim Takeover
The ACCC will stand aside and allow Optus to buy out low-cost mobile operator Amaysim following its bruising loss in court over... Read More
Toll’s Global Express Worth $3.2bn, Says Japan Post Bankers As They Flog It
Leaked papers have described Toll Group’s Global Express unit as a $3.2 billion business, as owner Japan Post seeks to offload it.... Read More
Over The Wire Snaps Up Digital Sense For $27 Million
BRISBANE: ASX-listed IT and telco services provider Over the Wire is set to buy up all of the shares of cloud hosting... Read More
Webcentral To Stay Aussie Owned
In a surprise turnaround, Melbourne-based Webcentral looks set to remain in Australian hands, with 5G Networks now the favoured offer to take... Read More
Yanks Boost Offer For Webcentral
MELBOURNE: The battle to acquire Melbourne-based and ASX-listed digital services company Webcentral continued yesterday, with Florida, USA-based technology company Web.com upping its offer for... Read More
NVIDIA Buys Arm From SoftBank In $40 Billion Deal
SoftBank is selling Arm Limited to NVIDIA for $40 billion, giving the American chipmaker control of the mobile processor giant. The deal... Read More
Apple Adds To Its AI Acquisitions With Machine Learning Start-up
Apple has just added another firm to its list of AI acquisitions, purchasing Canada-based Inductiv – a machine-learning start-up. Inductiv has developed... Read More
ACCC Probes Google’s Fitbit Acquisition
The Australian Competition and Consumer Commission (ACCC) has launched an official inquiry into Google’s US $2.1 billion acquisition of popular fitness device... Read More
Harris Scarfe Saved From Collapse By Spotlight
Failed retail department store Harris Scarfe is reportedly set to make a comeback with speculation home fittings store Spotlight is lining up... Read More
Nine Entertainment Net Profit Slumps 9%
Nine Entertainment has released its finances for H1 FY20, outlining its results from the months since December last year. Lead takeaways from... Read More
TPG-Vodafone Merger Won’t Threaten Telstra: JP Morgan
The recently approved TPG-Vodafone merger is unlikely to impact Telstra’s business and won’t inject more competition in the sector, says JP Morgan... Read More
ACCC Concerned Over Bunnings & Adelaide Tools Acquisition
The ACCC has today raised concerns over the stifling of competition if Bunnings successfully acquires Adelaide Tools and Oaklands Mower Centre. The... Read More
UPDATE: ACCC Responds To TPG-Vodafone Merger After Court Ruling
A $15 billion merger between Australia’s third and fourth largest telecommunications companies, Vodafone and TPG, will move ahead after the telcos beat... Read More
BREAKING NEWS: TPG and Vodafone To Merge, Loss To ACCC
In what is set to be a transformation deal, TPG and Vodafone are now able to merge – a move that is... Read More
HP To Announce First Quarter Earnings Before Responding To Xerox
HP has today announced that it will present a live audio webcast of a conference call to review financial results for the... Read More
Xerox Heats Up Bid To Acquire HP With Bigger Buy Price
Xerox has heated up its efforts to buy HP to $24 a share and revealed it would launch a public takeover bid... Read More
Google’s Fitbit Buyout Runs Into Antitrust & Privacy Woes
Google’s planned buyout of Fitbit has hit a wall with fresh antitrust and privacy issues arising in the Australian, US and European... Read More
Harris Scarfe Reports Increase In Sales, Refuses To Share Financials
Collapsed department store Harris Scarfe has reportedly experienced a spike in sales over the Christmas and New Year period. That’s according to... Read More
$15 Billion TPG-Vodafone Merger Ruling Due, ACCC Sweat
The proposed $15 billion TPG-Vodafone merger could be in the clear to go ahead when the Federal Court makes a decision on... Read More
eBay Takeover Offer Made By Intercontinental Exchange
Online marketplace eBay has been approached again by Intercontinental Exchange, with the owner of the New York Stock Exchange making a takeover... Read More
Bunnings Adelaide Tools Acquistion Pushed Back
The national watchdog has confirmed a delay in its provisional decision over the acquisition of Adelaide Tools by hardware retail giant Bunnings,... Read More
Another Retail Victim: Jeanswest To Shut Shops, Shed Jobs
National fashion retailer chain Jeanswest will shut almost 40 stores across the country, increasing the retail store closure figures to over 200... Read More
Harris Scarfe Takeover Eyed By Former Owner
Yet another bidder are reportedly eyeing the rescue of failed department store, Harris Scarfe. The former owners, Momentum private equity, has become... Read More
Loewe Comeback Set For IFA 2020
Making their glorious return to the consumer electronics market is German TV and Hi-Fi electronics Loewe who is looking to present a... Read More
Harris Scarfe Bidding War: Private Equity Firm Takes Aim
The bidding war to acquire Harris Scarfe is heating up, with Australian equity firm Alceon believed to be one of four parties... Read More
Google Search Retail Stock In Real Time
Consumers may be able to Google search the stock levels of a retail store with the Alphabet run company acquiring Pointy, a... Read More
Successful Afterpay Acquisition Sees Expansion To US
Afterpay is rolling ahead with it’s plan to expand into the US, after a successful licensing acquisition. The successful Australian business, which... Read More
Seven’s Compromise After Prime Vote Fail
After its $64 million acquisition offer was rejected by Prime stakeholders this morning, Seven West Media has acquired a large stake of... Read More
Corsair Snaps Up Custom-Controller Company
On the heels of the PS4 Back Attachment release, Corsair has stepped up their game in the gaming-peripheral market with the acquisition... Read More
Seven West & Prime Takeover Won’t Be Opposed By ACCC
The ACCC has announced it will not oppose Seven West Media’s bid to take over it’s regional affiliate, Prime Media Group. Seven... Read More
Intel-Owned McAfee Go After Norton In Security Tussle
Intel-owned McAfee is sniffing around the concept of buying NortonLifeLock the former Symantec which is a $20 billion antivirus and security software... Read More
