Acquisition articles

Intel sells majority stake in McAfee security business

Intel as anticipated has sold a majority stake in its cybersecurity business to private investment firm TPG. As per the deal, Intel Security will be spun off into an independent cybersecurity company that’ll once again take on the McAfee name. …

Verizon close to securing $5 billion Yahoo buyout; updated

Verizon is reportedly close to finalizing a deal to purchase Yahoo’s core internet business for $5 billion. The telecommunications giant, which bought AOL last year for $4.4 billion, has long been considered the favorite to win the bidding for Yahoo’s…

Apple is reportedly in talks to purchase Tidal

Apple is reportedly in discussions with Tidal to purchase the embattled streaming music provider according to people familiar with the matter as reported by The Wall Street Journal.

Microsoft buys Wand Labs to enhance chat bots

After scooping up LinkedIn earlier this week for $26.2 billion, Microsoft on Thursday announced it has acquired messaging app developer Wand Labs. Financial terms of the deal were not revealed.

Samsung announces purchase of US cloud provider Joyent

When it comes to cloud computing services, the big three names are Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform. But now it seems that Samsung is looking for a slice of the action; the Korean firm has…