Technology, Media and Telecom | CorpDev.Org

FTC Challenge to Meta VR Deal Could Restrict Tech M&A [Law360: Mergers & Acquisitions]

By Steve Albertson, Elizabeth Suarez and Kaylynn Noethlich (September 6, 2022, 3:46 PM EDT) -- Federal Trade Commission Chair Lina Khan has consistently criticized past FTC leadership for being...

Independent Proxy Advisory Firm ISS Recommends Zendesk Stockholders Vote “FOR” Proposed Transaction with Consortium Led by Hellman & Friedman and Permira [Business Wire Merger/Acquisition News]

SAN FRANCISCO--(BUSINESS WIRE)--Zendesk, Inc. (NYSE: ZEN) (“Zendesk” or the “Company”) today commented on a report issued by Institutional Shareholder Services (“ISS”), a leading...

Semiconductors ripe for private equity after CHIPS Act | Private Equity Insights

A U.S. effort to bolster domestic semiconductor manufacturing is likely to spur more private equity investment in the capital-intensive industry and the businesses that support it, industry sources...

UK Clears NortonLifeLock’s $9B Takeover Of Czech Biz Avast [buyout/ takeover]

By Irene Madongo (September 2, 2022, 4:32 PM BST) -- Britain's antitrust watchdog gave the go-ahead Friday for the approximately $9 billion takeover of digital security company Avast PLC...

Meta Has No Plans To Settle FTC’s VR Merger Challenge [Law360: Mergers & Acquisitions]

By Bryan Koenig (September 2, 2022, 7:15 PM EDT) -- A Meta Platforms Inc. attorney told a Federal Trade Commission in-house judge Friday that the Facebook successor is unlikely to settle the...

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

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

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...