Topic: company acquisition
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Dataminr Acquires ThreatConnect for $290M to Boost AI Cyber Defense
Dataminr has acquired ThreatConnect for $290 million to merge their technologies into a unified, AI-driven defense platform that provides real-time, personalized insights for clients. The integration will combine Dataminr's public data analysis with ThreatConnect's internal intelligence managemen...
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LevelBlue Acquires Cybereason to Boost Global Security Services
LevelBlue has acquired Cybereason to enhance its global cybersecurity services by combining advanced MDR solutions with Cybereason's XDR platform, threat intelligence, and DFIR capabilities. The acquisition introduces new investors like SoftBank and Liberty Strategic Capital, with former U.S. Tre...
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Minute Media Buys VideoVerse to Power Sports Video with AI
Minute Media has acquired VideoVerse, integrating its AI-driven Magnifi platform to offer a comprehensive solution for sports content creation, distribution, and monetization. The Magnifi technology uses AI, computer vision, and machine learning to automatically identify key sports moments and ge...
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Data Dynamo: Elon Musk's xAI Acquires Social Platform X for $45 Billion
▼ Summary - xAI has acquired the social media platform X (formerly Twitter) in an all-stock deal valuing X at $33 billion ($45 billion including debt) and xAI at $80…
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Veeam Buys Securiti AI in $1.7 Billion Data Security Deal
Veeam has acquired Securiti AI for $1.725 billion to enhance data management and protection, integrating its technology into Veeam's data resilience solutions by early December. The acquisition aligns with Veeam's strategy to expand its capabilities in data security and AI readiness, following a ...
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Insight to Acquire Cybersecurity Firm Sekuro
Insight Enterprises' Australian subsidiary is acquiring Sekuro to strengthen its cybersecurity offerings in the Asia Pacific region, addressing the increasing cyber threats faced by enterprises and governments. Sekuro provides comprehensive services including managed security, governance, and com...
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Ex-Lidar CEO Launches Bid to Reclaim His Company
Austin Russell, Luminar's founder and former CEO, is attempting to regain control of the company by purchasing all outstanding Class A Common Stock through his new entity, Russell AI Labs. The proposal involves taking Luminar private under Russell AI Labs while maintaining its public listing and ...
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Arinco Boosts Consulting Power with D6 Integration
Arinco has integrated D6 Consulting to form a new AI Transformation practice, combining business consulting with technical expertise and expanding their workforce to around 220 professionals. The merger enhances Arinco's service portfolio, offering clients unified support from strategy to impleme...
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Gusto Acquires Guideline for $600M, Will Divest Rival Customers
Gusto has acquired Guideline for approximately $600 million, integrating its 401(k) services for small and medium businesses into Gusto's platform to expand its HR and payroll offerings. Guideline, founded by TaskRabbit co-founder Kevin Busque, simplifies retirement plan administration with a fix...
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DevOps1 Acquires Innablr to Challenge Cloud Giants
DevOps1 has acquired cloud engineering firm Innablr to create a strong Australian competitor to global system integrators, addressing a shortage of local challengers in the technology services market. The merger increases DevOps1's workforce to 130 with plans to double it in two years, combining ...
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Perplexity Acquires AI Design Startup Visual Electric's Team
Perplexity has acquired the team from AI design startup Visual Electric to form a new Agent Experiences group, enhancing its AI capabilities and expanding product development. The acquisition, led by CEO Aravind Srinivas, will focus on creating innovative consumer product experiences for Perplexi...
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Cowboy E-bikes in Acquisition Talks
Cowboy, an electric bike maker, is in advanced acquisition talks with ReBirth Group, which recently provided it with financial support to avoid bankruptcy. The company gained recognition for its smart, connected e-bikes featuring app-controlled locks and location tracking, raising over €100 milli...
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D-ID Acquires Simpleshow to Expand AI Video Capabilities
D-ID has acquired Simpleshow to enhance its AI video solutions and expand its market presence, particularly in enterprise avatar videos. The acquisition integrates Simpleshow's 1,500+ enterprise clients, including major names like Microsoft and Adobe, boosting D-ID's revenue and growth potential....
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SentinelOne Acquires Observo AI to Boost SIEM and Security Ops
SentinelOne is acquiring Observo AI to enhance its AI SIEM and data offerings, aiming to create a more open, intelligent, and autonomous security operations framework. The acquisition addresses challenges of high data volumes and costs by integrating Observo's AI-native, real-time telemetry pipel...
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Minute Media Acquires Indian AI Startup for Automated Sports Highlights
Minute Media, backed by BlackRock and Goldman Sachs, has acquired Indian AI startup VideoVerse to enhance automated sports highlights generation across its portfolio, including Sports Illustrated and The Players’ Tribune. VideoVerse, valued between $200–250 million, specializes in AI tools for sp...
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Atlassian Acquires The Browser Company for $610M
Atlassian acquires The Browser Company for $610 million in an all-cash deal to develop specialized, AI-enhanced browsers for professional productivity. The acquisition will focus on advancing the Dia browser project, with The Browser Company retaining operational independence while accelerating h...
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Craig Bates: Splunk + Cisco, AI, and the Future of Observability
Craig Bates emphasizes Splunk's role as a mission-critical data platform, where visibility through machine data is essential for security, observability, and enterprise transformation. The integration with Cisco enhances Splunk's capabilities by combining network data with analytics, enabling AI-...
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Prezent Secures $30M to Acquire AI Services Firms, Starting with Founder's Other Company
Prezent has raised $30 million to pursue acquisitions, starting with Prezentium, enhancing its enterprise AI presentation platform and expanding its client base in the life sciences sector. The company differentiates itself by focusing on large corporate clients and embedding presentation enginee...
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OpenAI Acquires Statsig for $1.1B in Major Executive Reshuffle
OpenAI has acquired Statsig for $1.1 billion to enhance its product development and analytics capabilities, integrating A/B testing expertise and appointing Vijaye Raji as CTO of Applications. The company is restructuring its leadership, promoting Srinivas Narayanan to CTO of B2B Applications and...
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TiVo Won the Legal War But Lost the Streaming Battle
TiVo popularized the DVR and introduced now-standard features like pausing live TV, though it didn't invent the technology, and its innovations were protected by the Time Warp patent. The company aggressively defended its patents through successful lawsuits against major industry players, generat...
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Meituan Open-Sources AI Model to Challenge Alibaba and DeepSeek
Meituan has launched a new open-source AI model, positioning itself to compete with major players like Alibaba and DeepSeek in China's AI market. The model, LongCat-Flash-Chat, features 560 billion parameters and uses a Mixture-of-Experts architecture for efficient task handling. This move reflec...
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ORCA Opti Wins AI Innovation Award After Acquisition Triumph
ORCA Opti won the 2025 VALA Award for its Virtual Veterans AI chatbot, developed with the State Library of Queensland, which engages users in conversational learning about ANZAC history through a WWI soldier persona. The project was built in three months using extensive historical data, including...
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Elon Musk Settles $128M Twitter Exec Lawsuit
Elon Musk and four former Twitter executives have reached a confidential settlement over a lawsuit concerning more than $128 million in unpaid severance, with terms dependent on Musk fulfilling certain conditions. The lawsuit alleged that Musk expedited his $44 billion acquisition of Twitter to p...
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Naveen Rao's AI Startup Eyes $5B Valuation With a16z Backing
Unconventional, Inc., founded by former Databricks AI head Naveen Rao, is negotiating a $1 billion funding round that would value the company at $5 billion to develop a new type of AI computer system. Andreessen Horowitz is leading the investment with participation from Lightspeed, Lux Capital, a...
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Grindr May Go Private Amid Financial Pressure
Grindr's principal shareholders are exploring taking the company private due to financial pressures from a sharp stock decline, despite the app's strong operational performance. Majority owners Raymond Zage and James Lu used their shares as collateral for personal loans, leading to liquidation by...
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Cloudwerx Names Brendan Connolly COO and AI Lead, Reuniting Cloud Sherpas Alumni
Cloudwerx has appointed Brendan Connolly as COO and head of its data and agentic AI division, focusing on scaling AI offerings and enhancing delivery methods across platforms like Salesforce. The company has introduced innovative frameworks, including Success Plans with fixed-price Delivery Units...
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OpenAI, Jony Ive Hit Roadblocks in AI Device Development
The OpenAI and Jony Ive partnership, backed by a $6.5 billion acquisition, is developing a screen-less, palm-sized AI device that interprets environmental cues but faces major technical hurdles. Development is delayed as the team struggles to define the device's "personality" and establish protoc...
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Battlefield 6: Will EA's Big Bet Succeed?
Battlefield 6 is EA's strategic attempt to challenge Call of Duty's dominance, backed by record pre-launch excitement but involving a major financial gamble with high development costs. The game is being developed collaboratively by four studios and aims to recover from the poorly received Battle...
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PubMatic Sues Google for Alleged Monopoly Violations
PubMatic has filed a major lawsuit against Google, accusing it of maintaining an illegal monopoly in the ad technology sector and seeking billions in damages. This legal action follows a federal judge's ruling that Google illegally monopolized ad exchanges and ad servers, with a separate trial to...
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Ubisoft Restructuring Puts 60 RedLynx Jobs at Risk
Ubisoft is restructuring its Finnish studio RedLynx, putting up to 60 production and administrative jobs at risk to streamline operations and reduce costs. RedLynx will shift from multiplatform development to specializing in mobile gaming, starting with two unannounced projects, following the can...
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