Topic: private equity
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Everstone Merges Wingify and AB Tasty in $100M+ Digital Experience Deal
Private equity firm Everstone Capital is merging India's Wingify and France's AB Tasty, creating a new digital experience platform with over $100 million in annual revenue and a global client base of over 4,000 businesses. The combined company will be led by Wingify's Sparsh Gupta as CEO, with a ...
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The Hot Crazy Matrix: Why Investors Misjudge Tech Deals
Private equity investments hit record highs in 2021, but by 2023, many tech firms saw their valuations plummet dramatically. Despite cautionary tales, capital continues to pour into high-risk ventures, with investors often prioritizing charisma and vision over rigorous analysis. The adapted Hot C...
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Cyber Risk Now a Private Equity Hold-Period Threat
Cybersecurity is now a critical threat to value creation in private equity, causing widespread financial and operational disruptions during the hold period, as ransomware and data breaches are no longer seen as routine IT tasks. Cyber risks directly impact deal outcomes, causing delays, valuation...
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EA Buyout Stuns Gaming Industry: Key Reactions
A private-equity consortium, including Saudi Arabia's PIF, Silver Lake, and Affinity Partners, has acquired Electronic Arts in a $55 billion leveraged buyout, marking a major shift in the gaming industry. The deal raises concerns about creative control, increased soft power for state-controlled f...
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Blackstone Invests $1.2B in India's Neysa for AI Infrastructure
Blackstone leads a $600 million equity investment in Indian AI infrastructure startup Neysa, with plans for an additional $600 million in debt, to rapidly expand GPU capacity in a market facing a critical shortage. Neysa operates as a "GPU-first" provider, offering tailored solutions and hands-on...
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OpenAI's Latest Partnership: A Strategic Move
OpenAI has formed a strategic partnership with private equity firm Thrive Holdings, taking an ownership stake to accelerate AI adoption in IT services and accounting within its portfolio companies. The non-cash deal involves OpenAI contributing its employees and technology in exchange for a share...
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OpenAI's Latest Investment: A Circular Deal with Thrive Holdings
OpenAI has acquired a stake in Thrive Holdings, a private equity firm that consolidates companies in sectors like accounting and IT services, aiming to integrate AI into these businesses. The partnership involves OpenAI embedding its technical teams directly into Thrive's portfolio companies to a...
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AI Funding Crisis: $800 Billion Shortfall Threatens Scaling
Meeting global AI demands by 2030 requires $2 trillion in annual revenue, but a projected $800 billion funding gap threatens to stall infrastructure development and progress. AI's compute needs are growing faster than Moore's Law, straining power grids and requiring massive capital investment, wh...
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Who Owns TikTok? Key Facts About Its US Operations
TikTok's U.S. operations have been restructured into a new American-owned entity, "TikTok USDS Joint Venture LLC," in response to a 2024 U.S. law mandating separation from its Chinese parent company, ByteDance. ByteDance now holds only a 19.9% stake, with the remaining 80% owned by a consortium o...
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Trump: US to Receive 'Tremendous Fee' for TikTok's China Exit
The Trump administration is negotiating a deal for TikTok's US operations to be sold to American investors, with a substantial fee paid to the government to address national security concerns. US-based entities like Silver Lake and Oracle would acquire a majority stake, while ByteDance retains a ...
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Battlefield 6 Breaks Franchise Record on Steam
Battlefield 6 set a new franchise record on Steam with over 747,000 concurrent players on its first day, making it the most successful launch in the series' history on the platform. The game's strong debut follows a highly popular Open Beta that previously attracted over 521,000 simultaneous play...
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Booz Allen Acquires Defy Security to Expand Global Cybersecurity Reach
Booz Allen Hamilton is acquiring Defy Security to enhance its delivery of comprehensive, technology-driven cybersecurity solutions for commercial sectors like finance and healthcare. The deal combines Defy's commercial customer base and AI-powered malware analysis platform with Booz Allen's techn...
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White House Reveals New Details on Potential TikTok Deal
A preliminary agreement has been reached to transition TikTok's U.S. operations to majority American ownership, with key terms settled but not yet formally signed. The restructured entity will have a board with six out of seven seats held by U.S. representatives, and the app's algorithm will be u...
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