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Category: Acquisitions

Indian Billionaire Azim Premji’s Wipro Buys Singapore-Based Olam’s IT Business For $375 Million
AcquisitionsBusiness

Indian Billionaire Azim Premji’s Wipro Buys Singapore-Based Olam’s IT Business For $375 Million

08/04/202608/04/2026

Wipro—the Indian tech giant founded by billionaire Azim Premji—is buying the IT unit of Olam Group for $375 million as the Singapore-based company moves to re-organize its operations and focus on its core agricultural commodities business.

Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says
AcquisitionsLitigation

Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says

23/03/202623/03/2026

Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California.
Josh Edelson | Getty Images

Canva acquires Leonardo.ai to boost its generative AI efforts
AcquisitionsArtificial Intelligence (AI)

Canva acquires Leonardo.ai to boost its generative AI efforts

05/08/202405/08/2024

Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to broaden the scope of its AI tech stack.
Image Credits: Bloomberg / Getty Images

Cybersecurity firm Darktrace agrees $5.3bn sale to US private equity business
AcquisitionsArtificial Intelligence (AI)Cybersecurity

Cybersecurity firm Darktrace agrees $5.3bn sale to US private equity business

05/05/202405/05/2024

Offer for ‘cutting edge’ UK firm from Thoma Bravo signals another blow for the London Stock Exchange. Thoma Bravo made a cash offer that values Darktrace at $7.75 a share, or about 620p. Photograph: Pavlo Gonchar/SOPA
Images/Rex/Shutterstock

AcquisitionsGadgetMobile

Qualcomm Joins Forces with Google and Samsung to Compete Against Apple in a Crucial Market

16/01/202416/01/2024

Qualcomm (NASDAQ: QCOM) has made a major move by partnering with tech giants Google and Samsung to challenge Apple in a pivotal market.

AcquisitionsBusinessCorporate Stories

Nigerian banks, Unity Bank and Providus Bank discuss potential “Business Combination” deal

20/11/202320/11/2023

Unity Bank, a publicly listed bank in Nigeria, is currently in discussions with Providus Bank regarding a potential business combination.

Microsoft to empower 10m SMEs with digital tools
AcquisitionsStart-upTechnology

Microsoft to empower 10m SMEs with digital tools

28/10/202328/10/2023

Microsoft Corporation said it will empower ten million small and medium enterprises by 2025.

BlackBerry Unveils Next-Generation UEM Redefining the Endpoint Management Market USA – English 
AcquisitionsEnterpriseGadgetTechnology

BlackBerry Unveils Next-Generation UEM Redefining the Endpoint Management Market USA – English 

22/10/202322/10/2023

BlackBerry in collaboration with AWS announces UEM at the Edge and UEM for the IoT

AcquisitionsCorporate StoriesEnergy

FuelCell Energy & Oando Sign MOU for Large-Scale Green Hydrogen and Low-Carbon Energy Production in Africa

22/10/202322/10/2023

DANBURY, Conn., and LAGOS, Nigeria, Oct. 16, 2023 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL) and Oando Clean Energy Limited (OCEL), the renewable energy subsidiary of Oando Energy Resources…

AcquisitionsCorporate StoriesTechnology

Elon Musk’s starlink partners with Jumia to expand services in Nigeria, Kenya

06/10/2023

Starlink, the satellite company led by billionaire Elon Musk, is teaming up with e-commerce company Jumia Technologies AG to enhance satellite broadband services across Africa. By Cyrus Ademola 4 days…

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