acquisition

Eaton Corporation (NYSE:ETN), a global intelligent power management company, has agreed to acquire Fibrebond Corporation for $1.4 billion. Based in Louisiana, Fibrebond specializes in modular power enclosures for data centers and industrial markets and is projected to generate approximately $378...

Interactive Strength Inc. (NASDAQ:TRNR) shares were surging higher in early Thursday trading after the company inked a non-binding letter of intent and exclusivity agreement to acquire connected-fitness equipment company for an undisclosed amount. The deal strengthens TRNR's growth strategy by...

Kadokawa Corporation has confirmed that Sony Group Corp. (NYSE:SONY) has sent a letter of intent to acquire shares in the company, but no decision has been made yet. In a brief update from CEO Takeshi Natsuno, Kadokawa said: “There are some articles on the acquisition of Kadokawa Corporation...

Atlantic Union Bankshares Corp (NYSE:AUB) has announced its acquisition of Sandy Spring Bancorp Inc (NASDAQ:SASR) for $1.6 billion, marking the fourth regional bank deal exceeding $1 billion this year. What Happened: The all-stock transaction will enhance Atlantic Union’s presence in...

Chip giant Qualcomm Inc. (NASDAQ:QCOM) reportedly approached its struggling competitor Intel Corp. (NASDAQ:INTC) for a possible takeover. What Happened: Qualcomm’s takeover attempt was in recent days, which if it goes through, would be monumental given Intel’s market value of...

In the midst of a possible ban or sale in the U.S., social media giant TikTok is reportedly strengthening its ties with Amazon.com Inc, leading to speculation about a potential acquisition. What Happened: TikTok, owned by China-based ByteDance, is intensifying its relationship with Amazon. This...

Google parent Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) is reportedly in talks to acquire cybersecurity startup Wiz Inc. in a deal valued at $23 billion. What Happened: Alphabet’s acquisition of Wiz, a New York-based firm specializing in cloud storage security, is not yet confirmed and could...

In a recent development, Bitcoin (CRYPTO: BTC) mining company Riot Platforms Inc. (NASDAQ:RIOT) has increased its stake in competitor Bitfarms Ltd. (NASDAQ:BITF) to 12%. What Happened: Riot Platforms acquired roughly 1.5 million shares of Bitfarms at an approximate price of $2.45 per share, as per...

Salesforce, Inc. (NYSE:CRM) is reportedly in advanced negotiations to acquire Informatica Inc. (NYSE:INFA), a data-management software provider. A potential complicating factor is that the discussed price for the acquisition is lower than Informatica’s recent closing stock price of $38.48,...

Multi-state marijuana operator MariMed Inc. (CSE:MRMD) (OTCQX:MRMD) has closed the acquisition of Allgreens Dispensary, LLC on Tuesday, April 9, its fifth dispensary in Illinois. The Massachusetts-based company said the green light from the Illinois Department of Financial & Professional...

Amid heightened legislative scrutiny, Steven Mnuchin, the former U.S. Treasury Secretary, is reportedly spearheading an effort to acquire the widely-used social media platform TikTok. What Happened: Mnuchin is organizing an investor group to purchase TikTok, CNBC reported on Thursday. This move...

In a significant move, Cox Enterprises is acquiring OpenGov, a prominent software provider for state and city agencies, in a deal valued at $1.8 billion. What Happened: Cox Enterprises, a family-owned business known for its communication and automotive services, is set to buy the remaining stake in...

Uber Technologies Inc (NYSE:UBER) is reportedly considering the acquisition of grocery delivery company Instacart, according to a recent analyst report. The news has significantly impacted Instacart’s (NASDAQ:CART) stock, which experienced a notable surge. What Happened: Barron’s...

In a potentially game-changing move, Hewlett Packard Enterprise Co (NYSE:HPE) is reportedly in advanced discussions to acquire networking equipment competitor Juniper Networks, Inc. (NYSE:JNPR). This news has prompted a surge in Juniper’s stock. What Happened: HP might be on...

The Insomniac data breach disclosed a significant agreement between Sony Group Corp. (NYSE: SONY) and The Walt Disney Company's (NYSE: DIS) Marvel, outlining exclusive rights for Sony to produce X-Men games until Dec. 31, 2035. The Rhysida ransomware group leaked over 1TB of internal data from...