Tag: billion deal
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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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Agility Robotics to go public in $2.5 billion deal with Michael Klein-backed SPAC
June 24 : Agility Robotics will go public through a merger with blank-check firm Churchill Capital Corp XI in a $2.5 billion deal, the companies said on Wednesday.Here are some details on the deal:• The deal is expected to provide more than $620 million in proceeds to Oregon-based Agility, including
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Accenture to take majority stake, acquire cybersecurity firms in $4.18 billion deal
June 18 : Consultancy firm Accenture said on Thursday it will buy a majority stake in Dragos and fully acquire runZero and NetRise in a combined deal valued at $4.18 billion.Shares of the Dublin, Ireland-based company fell about 5 per cent in premarket trading.Separately, the company also cut the top
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Fox to buy Roku in $22 billion deal to accelerate shift to digital
June 15 : Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online.The deal, announced on Monday, gives the cable TV-reliant Fox direct access to Ro
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Warburg Pincus to acquire Japan’s J.S.B. in $1.2 billion deal
TOKYO/HONG KONG, June 12 : Warburg Pincus plans to launch a tender offer to acquire Japanese student housing provider J.S.B. for $1.2 billion, the U.S. private equity firm said on Friday.Warburg Pincus will offer 9,000 yen ($56.19) for each J.S.B. share. The tender offer is set to run from June 15 to July 27.
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