Intel Capital to invest $250m in Reliance’s Jio Platforms

(adsbygoogle = window.adsbygoogle || []).push({}); Intel Capital has agreed to acquire a stake of 0.39% in Jio Platforms, the digital services platform of Indian conglomerate Reliance Industries, for INR18.94 billion ($250 million). The transaction represents an equity value of INR4.91 lakh crore and an enterprise value of INR5.16 lakh More...

by businessnewstoday | Published 7 days ago
By businessnewstoday On Monday, June 29th, 2020
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Keysight Technologies acquires Eggplant from Carlyle Group for $330m

Keysight acquisition of Eggplant : Keysight Technologies, California-based manufacturer of electronics test and measurement equipment and software,e has completed its $330 million acquisition of digital automation More...

By businessnewstoday On Sunday, June 28th, 2020
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Galaxy Semiconductor to acquire Quantix Business from Mentor Graphics

US-based Galaxy Semiconductor Solutions has agreed to acquire almost all of the assets of the Quantix Business from Mentor Graphics, a business owned by Siemens for an undisclosed price. The acquisition is said More...

By businessnewstoday On Sunday, June 28th, 2020
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Beyond Pricing acquires Blizzard Internet Marketing from Red Awning

Beyond Pricing, a US-based vacation rental revenue management software provider, has acquired Blizzard Internet Marketing, which offers vacation rental and hospitality digital marketing services. The business, which More...

By businessnewstoday On Wednesday, June 24th, 2020
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Maxar to take full ownership of 3D data and analytics company Vricon

Maxar Technologies (formerly DigitalGlobe), a US space technology company, revealed plans to exercise its call option to take 100% ownership of Vricon, a Virginia-based 3D data and analytics company, for nearly More...

By businessnewstoday On Monday, June 22nd, 2020
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SmartSens acquires CMOS image sensors firm Allchip Microelectronics

SmartSens Technology has wrapped up its acquisition and merger with Shenzhen-based Allchip Microelectronics, a provider of CMOS image sensors for automotive applications. Financial terms of the transaction were More...

By businessnewstoday On Saturday, June 20th, 2020
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KT to acquire 10% stake in Hyundai Robotics from Hyundai Heavy Industries

South Korean telecommunications company KT has agreed to acquire a stake of 10% in Hyundai Robotics for KRW50 billion ($41 million) as part of a move to accelerate collaboration for digital transformation based More...

By businessnewstoday On Sunday, June 14th, 2020
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Reliance bags $850m investment for Jio Platforms from TPG and L Catterton

Reliance Industries has bagged two more investments for its digital services platform Jio Platforms, totaling about INR 64 billion ($850 million) in separate deals with global alternative asset firm TPG and L Catterton, More...

By businessnewstoday On Saturday, June 13th, 2020
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DevOps platform provider GitLab acquires Peach Tech and Fuzzit

GitLab, a US-based DevOps platform provider, has acquired Peach Tech, a security software company that specializes in protocol fuzz testing and dynamic application security testing (DAST) API testing, and Fuzzit, More...

By businessnewstoday On Monday, June 8th, 2020
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Abu Dhabi’s ADIA to invest $752m in Reliance’s Jio Platforms

Indian conglomerate Reliance Industries announced securing a further investment of INR 56.83 billion ($752 million) for its digital services platform Jio Platforms from a fully-owned subsidiary of the Abu Dhabi More...