acquisitions

IBM Improves AI Scalability Through Two Acquisitions: Is It Worth Investing In?

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IBM Improves AI Scalability Through Two Acquisitions: Is It Worth Investing In?

IBM recently completed the acquisitions of StreamSets and webMethods to enhance its AI platform and automation capabilities. These acquisitions will provide comprehensive data and application integration platforms, allowing commercial enterprises to quickly transition to digital transformation through generative AI. By combining these acquisitions with IBM’s existing platforms, clients will have access to integrated products that … Read more

Why I’m Bullish on IBM: Acquisitions, Collaborations, and Dividend Opportunities

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Why I’m Bullish on IBM: Acquisitions, Collaborations, and Dividend Opportunities

IBM, también conocida como Big Blue, está reorientando su enfoque hacia el futuro, alejándose de su negocio tradicional para centrarse en servicios en la nube, inteligencia artificial y consultoría. Recientemente anunció una colaboración con Microsoft en seguridad cibernética para proteger activos de nube híbrida. Además, ha ampliado su cartera de productos Watsonx, adquiriendo empresas como … Read more

Newest Mergers and Acquisitions in the Technology Industry: Featuring Broadcom, Nutanix, Citrix, Thoma Bravo, and More – Channel Futures

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Several major mergers and acquisitions have been announced recently within the tech industry. Broadcom, a leading semiconductor company, has made headlines with its acquisition of Nutanix, a cloud computing software company. This deal is expected to strengthen Broadcom’s position in the market and expand its offerings to customers. Another notable deal involves Citrix, a software … Read more

Broadcom now ranks among 10 largest U.S. companies after big 2023 stock gains

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Broadcom now ranks among 10 largest U.S. companies after big 2023 stock gains

Nvidia Corp. has catapulted up the list of the most valuable U.S. companies this year, rising eight spots from the end of last year to sit in the fifth position with a market capitalization of $1.2 trillion. But other chip companies have seen their positions rise even more. Just look at Broadcom Inc. AVGO, +0.59%, … Read more

Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings

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Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings

Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well.  That was the reported cost for Tan to sit at the table of Chinese President Xi Jinping during a dinner at last month’s Asia-Pacific Economic Cooperation conference in San Francisco. It is a … Read more

Broadcom’s VMware deal may be in doubt, but its soaring stock will be just fine

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Broadcom’s VMware deal may be in doubt, but its soaring stock will be just fine

As Broadcom Inc. and VMware Inc. get closer to their new merger deadline of Nov. 26, some investors are nervous that the deal will not get done, with a $1.5 billion termination fee hanging over the chip maker. China is reportedly the cause for the current hold-up for the deal, which was supposed to close … Read more

Broadcom, VMware Stocks Gain Despite Apparent Delay to Merger Closing

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Broadcom, VMware Stocks Gain Despite Apparent Delay to Merger Closing

Shares in Broadcom and VMware were rising despite an apparent delay to the closing of their merger agreement, which was set to complete on Monday. China could be a problem—but investors don’t seem too worried. Source link

Tech Down as VMWare, China Fears Weigh — Tech Roundup

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Tech Down as VMWare, China Fears Weigh — Tech Roundup

Shares of technology companies fell after one major deal was jeopardized by U.S.-China tensions, stoking concerns that the tech trade war will hurt the industry. Shares of VMWare plunged after The Financial Times reported Broadcom’s roughly $61 billion deal to buy the maker of virtualization software was held up by Beijing authorities, largely in response … Read more

VMware’s stock plunges 10% on report that Chinese regulators could block Broadcom deal

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VMware’s stock plunges 10% on report that Chinese regulators could block Broadcom deal

Shares of VMware Inc. VMW, -10.14% slumped 10% Thursday following a news report that the Chinese government could block Broadcom Inc.’s AVGO, -0.83% planned $69 billion acquisition of VMware. Chinese regulators are considering whether to delay approval of the megadeal, according to a report in The Financial Times Thursday. Opposition is considered a response to … Read more

Netflix shares surge as streaming site hikes prices while Tesla stock slumps after Musk’s comments

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Netflix shares surge as streaming site hikes prices while Tesla stock slumps after Musk’s comments

Here are some of the most notable stock movers in Thursday’s trading action: Stock gainers: Netflix Inc. shares NFLX, -2.68% rallied 12% after the streaming giant announced a spike in subscribers, and hiked prices on some plans, effective immediately Source link