Sources: Alphabet shelves efforts to acquire HubSpot after the companies failed to reach a point of detailed discussions around due diligence; HUBS drops 10%+
Shares of HubSpot Inc. (HUBS Quick Quote Tom Jowitt / Silicon UK : Alphabet Walks Away From HubSpot Deal George Fitzmaurice / ITPro : Alphabet's HubSpot acquisition is dead in the ...
Twitter agrees to be acquired “by an entity wholly owned by Elon Musk” for $54.20 per share in cash; the ~$44B deal requires shareholder and regulatory approval
- Twitter's board accepted billionaire Elon Musk's offer to buy the social media company and take it private, the company confirmed.
Sources: Elliott Investment Management and Vista Equity Partners are in advanced talks to buy Citrix Systems; a deal could be announced within a few weeks
Elliott Investment Management and Vista Equity Partners are in advanced talks to buy software-maker Citrix Systems Inc., according to people familiar with the matter. Tweets: @lian...
Microsoft says it has acquired speech tech company Nuance for $19.7B in cash, a 23% premium on its Friday closing price, as it boosts its healthcare offerings
Acquisition will combine solutions and expertise to deliver new cloud and AI capabilities across healthcare and other industries
Sources: Citrix is in advanced talks with Vista Equity Partners to buy Wrike for $2B+, after the PE firm acquired the work-management service for ~$800M in 2018
Bloomberg :
Sources: dating app Bumble has filed confidentially for an IPO, with plans for a listing around Valentine's Day
Health insurance startup Clover Health, which uses health and behavioral data to lower costs, agrees to go public via Social Capital's SPAC at a $3.7B valuation
Sources: SoftBank is nearing a deal to sell Arm to Nvidia for more than $40B; SoftBank paid $32B for the UK chip designer in 2016
Union of Arm, Nvidia would create a powerhouse in the chip industry — SoftBank Group Corp. is nearing a deal to sell British chip designer Arm Holdings …
Sources: Asana raised about $200M by issuing convertible debt, with Dustin Moskovitz as main lender, ahead of its planned IPO via a direct listing in H2 2020
billionaire Dustin Moskovitz lends as much as $200 million to his own company ahead of its expected direct listing. https://www.bloomberg.com/... Katie Roof / @katie_roof : $200m i...
Sources: TikTok parent company ByteDance generated $17B+ in revenue and $3B+ in net profit in 2019, more than double its $7.4B revenue from 2018
TikTok parent-company ByteDance Ltd. generated more than $17 billion in revenue and more than $3 billion in net profit last year …
Sources: Microsoft is in talks to buy UK-based robotic process automation software startup Softomotive
Bloomberg :
Sources: Elliott Management has taken a “sizable” stake in Twitter, nominated four directors to Twitter's board, and seeks to replace CEO Jack Dorsey
the corporate right —is taking over everything. Wow. Singer's Elliott Seeks to Replace Twitter CEO Dorsey https://www.bloomberg.com/... Isn't Singer the one who started the Steele ...
Sources: Elliott Management has taken a “sizable” stake in Twitter, nominated four directors to Twitter's board, and seeks to replace CEO Jack Dorsey
- Elliott has nominated four directors for Twitter's board — Hedge fund has had ‘constructive discussions’ with company
WeWork co-founder Adam Neumann is resigning as CEO, will be nonexecutive chairman of We Co.; source: his voting shares will be reduced in power from 10:1 to 3:1
- WeWork CEO Adam Neumann will step down but retain his seat as nonexecutive chairman, the company says.