Tech industry aflutter as Elon Musk bags Twitter
The SA-born Elon Musk, who is the richest man in the world and CEO of Tesla, struck a deal to buy Twitter for $44 billion.
Proposed EU Digital Markets Act finalised
EU lawmakers finalise the structure of the Digital Markets Act, which threatens the power of the big tech firms.
Nvidia abandons Arm acquisition
The company’s plan to acquire British chip designer Arm for $40 billion has been abandoned due to difficulty in getting regulatory approval.
Snow forecast for Microsoft
The company is set to buy Call of Duty video game maker Activision Blizzard for $68 billion.
Oracle to buy Cerner for $28.3bn
Cerner is a provider of digital information systems used within hospitals and health systems.
Review of 2021: The ICT industry continues to surprise
The international market was dominated by the increasing involvement of the investment community in the ICT sector, with a feverish merger/acquisition scene.
Advent International to buy McAfee for $14bn
A consortium led by US private equity firm Advent International will pay $14 billion for the cyber security firm established by tech entrepreneur John McAfee in 1987.
Microsoft upsets the applecart
Apple lost the title of ‘the most valuable company in the world’ to Microsoft after its fourth quarter revenue failed to meet expectations.
Synnex, Tech Data complete $7.2bn merger
The combined entity, now called TD Synnex, becomes the industry’s largest IT distributor, reaching over 100 countries in the Americas, Europe and Asia-Pacific.
Optis Wireless Technology takes bite out of Apple
A US jury has awarded the company and several related firms $300 million in damages after a second patent trial against Apple.
Salesforce takes up the Slack
The company has closed its $27.7 billion acquisition of Slack.
International anti-trust watchdogs on guard
The big tech players are under scrutiny as separate investigations get under way by Britain’s competition watchdog, Germany's anti-trust watchdog and the European Union.