Technology, Media and Telecom | CorpDev.Org

The most active PE investors in data centers [buyout/ takeover]

Private equity investors have developed a robust appetite for data centers in the past several years, chasing opportunities arising from the explosive growth in data use. The demand for data...

Elon Musk Cites Whistleblower Report as Reason to Scrap Twitter Deal [NYT > Mergers, Acquisitions and Divestitures]

The billionaire said in a letter to Twitter that allegations made by a whistle-blower have had a “material, if not existential” effect on the company. Source

Alpine doubled revenue in callback tech provider Mindful before selling it to Medallia [PE Hub]

The pandemic accelerated the adoption of SaaS in contact centers by five years, said Alpine's Haley Beck. Source

Warner Bros Games chief isn’t worried about the Discovery merger [Chief Head Of VP SVP Board Chair]

Warner Bros. Games head David Haddad says that he is feeling optimistic about Warner Bros. Discovery’s gaming division despite all of the chaos surrounding the merger between WB and...

Tiger Infrastructure-backed 11:11 to buy Sungard’s Availability Services’ cloud managed services business [PE Hub]

11:11 is a managed infrastructure solutions provider. Source

Musk Seeks Fuller Twitter Traffic Data In $44B Buyout Fight [buyout/ takeover]

By Jeff Montgomery (August 24, 2022, 6:56 PM EDT) -- Attorneys for Elon Musk urged Delaware's chancellor on Wednesday to compel Twitter's release of more data about its revenue-producing traffic and...

TPG, General Atlantic could invest $100m in Amagi [Private Equity Insights]

Private equity giants TPG and General Atlantic are in talks to invest $100m in the media technology firm Amagi, as per news reports. This will bring the value of the company to $1.4bn. Some...

T-Mobile Wants Suit Over $26 Billion Merger Sent To NY [Law360: Mergers & Acquisitions]

By Piper Hudspeth Blackburn (August 24, 2022, 2:29 PM EDT) -- T-Mobile asked an Illinois federal judge to transfer a putative class suit challenging its $26 billion merger with Sprint Corp. to a New...

Zuora to Acquire Zephr, Giving Companies the Power to Deliver Optimal Subscriber Experiences [Business Wire Merger/Acquisition News]

REDWOOD CITY, Calif. & LONDON--(BUSINESS WIRE)--Zuora, Inc. (NYSE: ZUO), the leading cloud-based subscription management platform provider, today announced its planned acquisition of Zephr, a...

Intel, Brookfield Sign $30bn Deal to Finance Chip Factories [Private Equity Insights]

Intel and Canada’s Brookfield Asset Management agreed to jointly fund up to $30bn for the U.S. chipmaker’s leading-edge chip factories in Arizona, fueling Intel’s ambition to bring more chip...