Tag: source says
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Thoma Bravo’s Proofpoint in talks to buy cybersecurity firm Varonis, source says
Sept 2 : Thoma Bravo-owned Proofpoint is in discussions to acquire cybersecurity firm Varonis Systems, a source familiar with the matter told Reuters on Wednesday. Shares of Varonis, which has a market value of about $5 billion, jumped over 10 per cent.Thoma Bravo declined a request for comment, while
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Exclusive-South Korean FX authorities bought $20 billion in repatriated SK Hynix funds, source says
SEOUL, Sept 2 : South Korean foreign exchange authorities bought about $20 billion in U.S. dollars that SK Hynix sold after its $26.5 billion American depositary receipt listing in July, a source with direct knowledge of the matter said on Wednesday. The Foreign Exchange Stabilization Fund, managed by the nat
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Oracle licensing practices on EU antitrust regulator’s radar, source says
BRUSSELS, Sept 1 : The licensing practices of U.S. cloud computing company Oracle are on the radar of EU antitrust regulators, a person familiar with the matter said, in a case similar to one involving German rival SAP which was settled with concessions in July.The European Commission, which acts as the EU co
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Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda, source says
Aug 31 : Anthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia, a source familiar with the matter said on Monday.The deal will bring online Nvidia capacity to meet growing demand for Anthropic’s Claude AI, the source said.The news was first reporte
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Engine Capital pushes EPAM for share buybacks or sale, source says
Aug 31 : Activist hedge fund Engine Capital has a 1.5 per cent stake in EPAM Systems and is pushing the software firm to increase share buybacks or consider a sale following stock declines sparked by fears of AI disruption, a source familiar with the matter said.Engine’s managing partner, Arnaud Ajdler, urged
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Anthropic to rent AI computing power from Nscale for $45 billion, source says
Aug 26 : Anthropic will spend $45 billion to rent AI cloud computing power from Nscale’s West Virginia data center campus, a person familiar with the matter said on Wednesday, as the AI startup gears up for a major IPO.Anthropic has been aggressively expanding its computing power to meet demand growth it expe
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SK Hynix union finalising preliminary wage deal, source says
SEOUL, Aug 19 : SK Hynix’s South Korean labour union is finalising the wording of a tentative wage deal with management and will brief members on the terms Wednesday afternoon, a source familiar with the talks said. The two sides were making last-ditch efforts to iron out differences and conclude the deal, wh
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AMD looks to raise $4 billion to $5 billion in debt offering, source says
Aug 13 : Advanced Micro Devices on Thursday launched a four-part debt offering that could raise between $4 billion and $5 billion, according to terms reviewed by Reuters, as the chipmaker looks to fund general corporate purposes and potentially repay existing debt.The offering includes senior unsecured notes
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Anthropic in talks to buy Decart AI, source says
Aug 12 : Anthropic is in talks to buy Nvidia-backed startup Decart AI, according to a source familiar with the matter, as the Claude maker explores acquisitions that could help it handle growing demand ahead of its public listing.Bloomberg News, which first reported the news on Wednesday, said a deal could be
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Alphabet looks to raise up to $25 billion from latest bond sale, source says
Aug 6 : Alphabet is looking to raise between $20 billion and $25 billion from its latest U.S. bond offering, a source familiar with the matter said on Thursday, weeks after the tech giant’s 2026 capital spending outlook triggered a steep selloff. The company is offering notes in as many as 10 parts, a regulat
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