Tag: billion deal
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Aerospacelab wins €2.4 billion deal to build majority of IRIS² satellites
Sept 10 : Belgium’s Aerospacelab said on Thursday it had won a €2.4 billion ($2.8 billion) contract to build 264 satellites for the European Union’s IRIS² network, which is due to offer secure communications for governments, security agencies and commercial users by 2030.Aerospacelab said it would be resp
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Nvidia to buy Hugging Face in $12.93 billion deal
The acquisition of the AI software platform will keep it as an open platform, Nvidia said.
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Adobe to offer free access to AI tools in Saudi Arabia in $4 billion deal
Aug 31 : Adobe said on Monday it has expanded its tie-up with Saudi Arabia’s Ministry of Communications and Information Technology and Saudi government-backed AI firm Humain to provide citizens with 12 months of free access to its AI-powered tools.The company said it plans to offer over 27 million eligible Sa
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Goldman Sachs to buy ETF provider Neos in $2.3 billion deal
Aug 12 : Goldman Sachs will acquire exchange-traded funds provider Neos Investments for as much as $2.25 billion, as the investment bank looks to bolster its presence in asset management.Neos, which provides ETFs on systematic options-based income, managed $30 billion in assets across 19 funds as of June 30.
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AT&T closes $23 billion deal to acquire spectrum from Echostar
July 28 : AT&T on Tuesday said it completed its $23 billion acquisition of some wireless spectrum licenses from EchoStar under a deal announced in August 2025.The U.S. mobile carrier will add approximately 50 MHz of low-band and mid-band spectrum covering virtually every market across the U.S., including 30 M
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Pentagon awards Oracle nearly $7 billion deal in latest software consolidation push
WASHINGTON, July 23 : The Pentagon announced on Thursday a nearly $7 billion, up-to-10-year agreement with Oracle to consolidate the department’s on-premises software licenses into a single contract, the latest move by the Pentagon’s technology chief to cut costs by eliminating fragmented purchasing.The Enter
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Solstice buys Element Solutions in $14.5 billion deal, sharpens focus on AI market
July 6 : Honeywell spinoff Solstice Advanced Materials said it will buy peer specialty chemical company Element Solutions in a $14.5 billion deal, as it seeks to capitalize on growing demand from AI data centers and the chip industries.The deal would create a larger supplier of materials used in semiconductor
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India’s HCLTech wins $1.14 billion deal with European firm
BENGALURU, July 3 : India’s HCLTech has won a $1.14 billion deal with a major European firm, the software services exporter said on Friday.HCLTech’s shares opened 4.6 per cent higher on Friday after the announcement, boosting gains on the Nifty IT index, which was up 2.5 per cent.Here are some details:
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Qualcomm to buy AI startup Modular in $4 billion deal
June 24 : Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued at nearly $4 billion, as the chipmaker looks to diversify beyond its core smartphone business.Buying Modular pits Qualcomm against CUDA, the software platform that has helped underpin Nvidia’s AI dominance by tyi
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