BROWSING: mergers and acquisitions
Siemens to acquire ebm-papst’s industrial drive tech business
Siemens said the acquisition is a 'strategic addition' to its Xcelerator portfolio
Siemens announced its intent to acquire ebm-papst’s industrial drive technology (IDT) business, which includes intelligent, integrated, network-connected mechatronic systems, as well as motion control systems used in free-range driverless transport systems.
In a press...
Broadcom expects to close VMware acquisition tomorrow
China has given regulatory approval to Broadcom's acquisition of VMware, which is now expected to close tomorrow. China was the final global regulator that needed to approve the merger in order for it to go forward, and Broadcom is moving quickly now that all...
Ceragon targets private networks, mmWave with Siklu acquisition
Ceragon Networks is looking to buy Siklu for $13 million to $15 million
Israeli 5G wireless transport provider Ceragon Networks is looking to acquire connectivity solutions provider Siklu for an enterprise value of $13 million to $15 million.
In a press statement, Ceragon CEO Doron Arazi...
Softbank considers purchase of remaining 25% stake in Arm
SoftBank already owns 75% of the chip company
SoftBank Group is reportedly in talks to purchase the remaining 25% of Arm it doesn’t already control directly from Vision Fund 1, a $100 billion investment fund that the chip company established in 2017. Reuters, which first...
Italian Treasury, KKR sign preliminary deal for up to 20% of TIM’s grid
The deal has faced several reservations from Vivendi, the French media group that owns a near 24% stake in TIM
The Italian Treasury has signed a Memorandum of Understanding (MoU) this past Thursday, marking a preliminary agreement with U.S. private equity fund KKR that would...
Cisco to acquire Working Group Two from Telenor
Cisco helped Telenor launch Working Group Two, which offers mobile operators a cloud-based core network
Cisco has revealed plans to acquire Working Group Two (WG2) from Telenor Group — which currently holds a 44.6% share in the company — for $150 million. WG2 offers mobile operators a...
Broadcom provisionally cleared to buy VMware by UK
Broadcom announced plans to acquire VMware for $61 billion in May 2022
Following a previous delay while regulators in both Europe and the U.S. asked for more time for consideration, Broadcom’s plan to acquire VMware for $61 billion, first announced in May 2022, has received provisional approval...
UK regulator extends review of Microsoft-Activision gaming deal
In January 2022, Microsoft announced plans to acquire Activision for $68.7 billion
This week saw movement around Microsoft’s ambitions to purchase game publishing giant Activision Blizzard for nearly $70 billion. The U.K.’s Competition and Markets Authority (CMA) extended the deadline for a review of the...
Vodafone warns of cut in 5G investment if Three merger blocked
The Vodafone-Three merger is subject to approval from the Competition and Markets Authority
U.K. operators Vodafone and Three could potentially reduce investments in the 5G field if local regulators block the proposed merger between the two telcos, local newspaper The Times reported Vodafone CEO Ahmed...
European Commission says Orange-MásMóvil JV may hurt competition
The European Commission believes that the proposed merger of Spanish operatorsOrange and MásMóvil may reduce competition in the mobile and fixed internetmarkets.
On April 3, 2023, the European Commission opened an in-depth investigation toassess if the proposed merger would potentially restrict competition in several marketsegments...
Vodafone, Three to merge UK businesses, create largest UK MNO
Vodafone will own 51% of the new entity while Hutchison Group will own 49%
Vodafone Group and CK Hutchison Group Telecom Holdings have entered into binding agreements in relation to a combination of their telecommunication businesses in the U.K., respectively Vodafone UK and Three UK,...
Vodafone, Three UK to merge in the coming days: Report
Vodafone will own 51% of the new entity while Three will own the remaining 49%
U.K. operators Vodafone and Three UK are expected to announce a merger that would create the United Kingdom’s largest mobile operator by the end of this week or early next...
Broadcom acquisition of VMware delayed, again
Broadcom first announced plans to acquire VMware for $61 billion in May 2022
Broadcom’s plan to acquire VMware for $61 billion, first announced in May 2022, has encountered another setback. Regulators in both Europe and the U.S. are still looking into the proposed merger and...
UK regulators shoot down Microsoft-Activision deal
In January 2022, Microsoft announced plans to acquire Activision for $68.7 billion
The UK Competition and Markets Authority (CMA) has blocked Microsoft’s attempt to acquire Activision Blizzard, claiming the deal would lead to “reduced innovation and less choice” in the cloud gaming market.
Announced in January...
Telecom’s M&A Wave: Building a Unified Corporate Culture with Joe Cecin of Ontivity
In today's fast-paced telecommunications industry, companies are constantly looking for ways to grow their business and stay ahead of the competition. In this episode of 5G Talent Talk with Carrie Charles, we sit down with Joe Cecin, CEO of Ontivity, a national-scale network services...
European Commission opens probe into Orange-MasMovil merger
The commission now has 90 working days to take a decision on the proposed Orange-MasMovil merger
The European Commission has opened an in-depth investigation to assess the proposed merger by Spanish carriers Orange and MasMovil. In a statement, the European body noted that it is...
Liberty Global to launch takeover bid for Belgian telco Telenet
Liberty Global also said the intended offer would be an offer in cash at a price of 22 euros ($23.7) per share
Liberty Global said it intends to launch a voluntary and conditional public takeover bid for all the shares of Belgian operator Telenet Group...
Quebecor secures additional spectrum in Canada
Quebecor acquired additional 5G spectrum in Manitoba and Quebec
Canadian operator Quebecor and its subsidiary Videotron have invested nearly CAD10 million ($7.5 million) to acquire new 5G wireless spectrum licenses, in Manitoba in the 600 MHz band and in Quebec in the 3,500 MHz band,...
Court paves the way for Rogers-Shaw merger
The Rogers-Shaw merger still remains subject of the approval by the Minister of Innovation, Science and Industry
Canada's Federal Court of Appeal has rejected the competition bureau's request to block the merger of Canadian carriers Rogers and Shaw, a decision that has removed one of...
Taiwan’s FET expects 5G to reach 40% of its mobile base this year
FET had initially launched commercial 5G services in Taiwan in 2020
Taiwanese operator Far EasTone Telecommunications expects its 5G subscriber penetration rate to reach 40% by the end of this year from more than 30% last year, local newspaper Taipei Times reported.
The carrier’s president, Chee...
Thai operators Dtac, True define final details of merger process
The telcos confirmed that the new entity will be called True Corp.
The boards of Thai operator Total Access Communication (Dtac) and True Corp. agreed that their merged entity will be called True Corp.
The two carriers informed the Thai Stock Exchange that they will have...
Canada’s competition tribunal clears Rogers-Shaw merger deal
The ruling dismissed the Commissioner of Competition's petition to oppose the proposed Rogers-Shaw merger
Canada's competition tribunal approved Rogers Communications’ CAD 20 billion ($14.77 billion) bid for rival operator Shaw Communications.
The ruling, which dismissed the Commissioner of Competition's petition to oppose the proposed merger, also...
‘It makes perfect sense:’ BAI, ZenFi CEOs discuss the recent acquisition
BAI and ZenFi plan to connect their diverse assets into a 'homogenized' portfolio offering for mobile operators
BAI Communications recently announced the close of its acquisition of ZenFi Networks, which means that the former has obtained the latter’s portfolio of assets, including over 1,100 route...
Vodafone confirms talks to merge UK operations with Three UK
Vodafone would own 51% of the potential new entity while CK Hutchison would own the remaining 49%
Vodafone Group confirmed that it is in discussions with Hong Kong-based CK Hutchison Holdings in relation to a possible combination of Vodafone UK and Three UK.
In a...