Microsoft’s acquisition of Activision is essentially a done deal

The UK’s Competition and Markets Authority (CMA) just essentially gave the green light to Microsoft’s acquisition of Activision Blizzard, clearing away the final barrier to the largest tech merger of all time. This approval comes after a long international tour of regulatory machinations amid ongoing (and by no means finished) debates about competition in gaming.  … Read more

Ripple buys crypto infrastructure startup in its second acquisition of 2023

Cryptocurrency firm Ripple introduced on Friday it should purchase Fortress Belief, a startup specializing in crypto infrastructure, giving it a license in Nevada and permitting it to increase past its core bread and butter of blockchain-enabled funds. Ripple didn’t disclose the phrases of the deal. Based in 2021 by Scott Purcell, an entrepreneur with a … Read more

EU joins menace to Adobe’s $20 Billion Figma acquisition with new probe

The European Union is launching an in-depth antitrust investigation into Adobe’s bid to amass product design platform Figma, warning that the deal might “cut back competitors within the world markets for the provision of interactive product design software program and for digital asset creation instruments.” The Fee now has till December 14th to determine on … Read more

Europe confirms in-depth probe for Adobe’s $20B Figma acquisition

The European Fee (EC) has confirmed that it’s opening an in-depth investigation into Adobe’s proposed $20 billion bid for digital design software program rival Figma. The Fee stated that the acquisition “could cut back competitors within the international markets for the availability of interactive product design software program and for digital asset creation instruments.” First … Read more

Thales enters app safety market with $3.6B Imperva acquisition

French aerospace and defence group Thales is procuring cybersecurity firm Imperva from Thoma Bravo in a deal price $3.6 billion. The information comes 4 years after non-public fairness big Thoma Bravo acquired Imperva for $2.1 billion, taking the San Mateo-based firm non-public eight years after it had gone public on the New York Inventory Alternate … Read more

iRobot shares surge after UK regulator clears Amazon acquisition

A vacuuming Roomba mannequin robotic is displayed at iRobot headquarters in Bedford, Massachusetts Scott Eells | Bloomberg | Getty Photos Amazon’s deliberate $1.7 billion acquisition of iRobot, the maker of Roomba vacuums, has been greenlit by Britain’s competitors watchdog. The Competitors and Markets Authority stated it decided the deal wouldn’t lead to “a considerable lessening … Read more

FTC will attempt to block Microsoft’s acquisition of Activision Blizzard

FTC Chairwoman Lina Khan testifies in the course of the Home Power and Commerce Subcommittee on Innovation, Knowledge, and Commerce listening to on the “FY2024 Federal Commerce Fee Price range,” in Rayburn Constructing on Tuesday, April 18, 2023. Tom Williams | Cq-roll Name, Inc. | Getty Photos The Federal Commerce Fee is about to file … Read more