Merger
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CBS considers caving on Trump censorship lawsuit to save Paramount merger
A law professor cited by CBS News called Donald Trump’s $10 billion lawsuit over the editing of a 60 Minutes interview with Kamala Harris “…so ill grounded that it comes close to being sanctionable as frivolous.” But now, the The Wall Street Journal reports that executives at CBS’ parent company, Paramount Global, have discussed settling the suit while “gaming out…
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E.U. Approves Synopsys and Ansys Merger
The European Commission on Jan. 10 conditionally approved the $35 billion acquisition of simulation software company Ansys by chip design software provider Synopsys. It represents the biggest tech deal since Broadcom acquired VMware for $69 billion in 2023. The approval is subject to Synopsys divesting its optics and photonics software arm and Ansys selling its PowerArtist tool, which is used…
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SoftwareOne to acquire Crayon in $1.4 billion merger deal
SoftwareOne has acquired fellow software and cloud solutions provider Crayon Group in a deal valuing the firm at $1.4 billion. Switzerland-based SoftwareOne is one of the largest resellers of Microsoft licenses, offering software and cloud purchases, implementation, and support services. Oslo-based Crayon, meanwhile, distributes licenses for hyperscalers AWS, Microsoft Azure, and Google Cloud, mainly in the Nordic region. “SoftwareOne and…
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CMA raises concerns over Synopsys-Ansys merger
The UK’s competition watchdog has raised concerns about the proposed merger of Synopsys and Ansys, claiming the deal could reduce competition. The $35 billion purchase could affect the market for certain semiconductor chip design and light simulation products in the UK, the Competition and Markets Authority (CMA) said. Originally announced in January 2024, the aim of the deal is to…
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Vodafone–Three merger cleared to proceed with commitment to invest heavily in UK 5G rollout
The UK’s competition watchdog has cleared Vodafone’s proposed merger with Three. The Competition and Markets Authority (CMA) ruled that Vodafone’s merger with Three should be allowed to proceed if both companies sign binding commitment to invest millions to roll out a combined 5G network across the UK. After an 18-month long deliberation, the £16.5 billion merger will go ahead, constituting…
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An Android-ChromeOS merger might actually make sense now – Computerworld
A decade ago, I posed a philosophical question about the ever-overlapping future of Android and ChromeOS. At the time, the question represented my thinking about these platforms from a slightly different perspective, with the notion of ChromeOS potentially taking over for Android at some theoretical point down the road. The tables may have turned in the other direction, but the…
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DirecTV and Dish’s on-and-off merger saga switches back to off
DirecTV has dropped its plans to acquire Dish, the company announced Thursday. The deal would’ve created a TV service megamerger, but it fell through after Dish bondholders rejected the takeover. “While we believed a combination of DIRECTV and DISH would have benefitted all stakeholders, we have terminated the transaction because the proposed Exchange Terms were necessary to protect DIRECTV’s balance…
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Industry body hits out at CMA following launch of Google, Anthropic merger probe
The UK’s Competition and Markets Authority (CMA) has launched an inquiry into Alphabet’s $2 billion Anthropic investment, prompting criticism from the Computer & Communications Industry Association (CCIA). Investment from Google’s parent company was revealed last year, though the CMA only announced it would be probing the deal at the end of July 2024. The CMA is investigating whether the deal…
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DirecTV’s Merger With DISH Might Be a Good Thing
DirecTV is acquiring DISH through a $9.75 billion debt exchange transaction. This deal, pending approval, would create a monopoly in the satellite television industry. Ironically, it would also contribute to the FCC’s 5G buildout goals by rescuing EchoStar, the current owner of DISH, from bankruptcy. The agreement is dense but fairly straightforward. DirecTV will own EchoStar’s television assets and liabilities—DISH,…
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UK Regulator Deems Microsoft and Inflection AI’s Partnership a Merger, But Clears It Of Competition Concerns
The UK’s Competition and Markets Authority has ended its investigation into the partnership between Microsoft and Inflection AI and cleared it of any competition concerns. It did, however, deem it a “relevant merger situation” that falls within its jurisdiction, so similar deals that do not strictly meet the criteria of an acquisition could be investigated in the future. Inflection AI…
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