acquisitions

AI Money: Tech Giants Ramp Up AI Investments
AI Money: Tech Giants Ramp Up AI Investments
July 11, 2024  |  artificial intelligence

AMD is set to acquire Finland’s Silo AI for $665 million, underscoring its commitment to artificial intelligence (AI) innovation. Simultaneously, CyrusOne has secured $9.7 billion...

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Does Amazon Need Saks Global to Conquer Luxury Retail?
Does Amazon Need Saks Global to Conquer Luxury Retail?
July 11, 2024  |  Amazon

Amazon turned 30 on July 5th and did something that nearly 70% of all women also say they do on their birthday: They bought themselves...

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Report: Alphabet Backs Out of HubSpot Acquisition Talks
Report: Alphabet Backs Out of HubSpot Acquisition Talks
July 10, 2024  |  Acquisitions

Google parent Alphabet has reportedly ended its efforts to acquire customer relationship management (CRM) company HubSpot. While Alphabet communicated its interest in a potential deal with HubSpot earlier...

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Report: AffiniPay Could Be Valued at $3 Billion in Genstar Capital Deal
Report: AffiniPay Could Be Valued at $3 Billion in Genstar Capital Deal
July 10, 2024  |  Acquisitions

Genstar Capital is reportedly in advanced talks to purchase a large stake in AffiniPay. The deal could place the value of the payments processor at...

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Report: Bain Close to Reaching Deal to Acquire Envestnet
Report: Bain Close to Reaching Deal to Acquire Envestnet
July 08, 2024  |  Acquisitions

Bain Capital is reportedly close to acquiring financial software provider Envestnet. If a deal is reached, it could be announced this week, Reuters reported Monday...

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Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal
Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal
July 08, 2024  |  Loans

Bank of Montreal is reportedly leading a group of underwriters launching a $2.55 billion loan to back the previously announced acquisition of Canadian payments processor Nuvei....

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The Knot Worldwide Purchases Microwedding Platform Simply Eloped
The Knot Worldwide Purchases Microwedding Platform Simply Eloped
July 08, 2024  |  Acquisitions

Digital wedding marketplace The Knot Worldwide has acquired Simply Eloped, an online platform for elopements and microweddings. “We were excited when the Simply Eloped team...

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NCR Voyix Said to Weigh Sale of $3B Digital Banking Arm
NCR Voyix Said to Weigh Sale of $3B Digital Banking Arm
July 05, 2024  |  Acquisitions

Payments processor NCR Voyix is reportedly considering the sale of its digital banking operation. That sale could bring in as much as $3 billion, Reuters...

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Saks eCommerce Chief: Amazon Can Boost Success of Neiman Merger
Saks eCommerce Chief: Amazon Can Boost Success of Neiman Merger
July 05, 2024  |  Retail

When Saks Fifth Avenue and Neiman Marcus merge, Amazon’s tech will help them thrive. That’s according to Marc Metrick, CEO of Saks’ online operations, speaking to Bloomberg News Thursday (July 4). This was one...

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