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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

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

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