Almost three years exactly after the digital media company Dotdash acquired Meredith Corp. in a $2.7 billion tie-up, the resulting business has finally hit its stride. After a complex, 18-month merger, the combined organization has now notched… Article Source https://www.adweek.com/convergent-tv/dotdash-meredith-ceo-google-ai-adtech-acquisitions/
We recently published a list of 10 Best-Performing S&P 500 Stocks in the Last 3 Years. In this article, we are going to take a look at where Broadcom (NASDAQ:AVGO) stands against other best performing S&P 500 stocks in the last year. The past… Article Source https://uk.finance.yahoo.com/news/broadcom-avgo-leading-custom-silicon-033349045.html
** Brokerage Stifel raises IBM IBM price target to $246 from $205 ** Says 2025 set-up positive for IBM ** Acquisitions such as HashiCorp to add 4% to 2025 software segment growth – Stifel ** Says new mainframe cycle expected to drive growth in… Article Source https://www.tradingview.com/news/reuters.com,2024:newsml_L4N3LS12X:0-ibm-software-segment-to-benefit-from-acquisitions-stifel-raises-pt/
Stifel just raised its price target on IBM (NYSE:IBM) to $246 from $205, keeping a firm Buy rating on the stock. Despite Q3 being seasonally weak, the analysts expect IBM to deliver a modest earnings per share (EPS) outperformance while revenue… Article Source https://finance.yahoo.com/news/ibm-positioned-long-term-growth-191812954.html
Stifel just raised its price target on IBM (IBM, Financial) to $246 from $205, keeping a firm Buy rating on the stock. Despite Q3 being seasonally weak, the analysts expect IBM to deliver a modest earnings per share (EPS) outperformance while… Article Source https://www.gurufocus.com/news/2556569/ibm-positioned-for-longterm-growth-with-key-acquisitions-and-new-mainframe-cycle
Cisco Reportedly Nears Investment in CoreWeave at $23B Valuation Mergers & Acquisitions Article Source https://www.themiddlemarket.com/news-analysis/cisco-reportedly-nears-investment-in-coreweave-at-23b-valuation
Cisco is heavily investing in security with a platform-based vision and new leadership, key acquisitions, and strategic alignment with the cybersecurity market. Despite its dominant position in network security products, Cisco was late in introducing its SASE offering, Secure Access, due to a lack of a unified solution. To address this, Cisco hired Tom Gillis … Read more
In the world of mergers and acquisitions, several major deals have recently taken place. Sophos, a well-known cybersecurity company, has been acquired by private equity firm Thoma Bravo. This move is expected to bolster Sophos’ position in the market and provide opportunities for further growth. Microsoft has also made a significant acquisition, purchasing the security … Read more
IBM recently completed the acquisitions of StreamSets and webMethods to enhance its AI platform and automation capabilities, offering clients integrated data and application integration platforms for digital transformation. StreamSets specializes in real-time data integration across hybrid multi-cloud environments, reducing data latency and staleness. On the other hand, webMethods is an API integration and management platform … Read more
IBM recently finalized the acquisition of StreamSets and webMethods to enhance its AI platform and automation capabilities for commercial enterprises looking to digitalize quickly. These acquisitions will provide comprehensive data and application integration platforms, complementing IBM’s existing DataStage and Databand platforms. StreamSets specializes in real-time data integration for hybrid multi-cloud environments, while webMethods offers API … Read more