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IBM plans to acquire data integration platforms StreamSets and WebMethods from Germany-based Software AG for €2.13B in cash, expected to close in Q2 2024 (Bloomberg) 18-12-2023

Bloomberg: IBM plans to acquire data integration platforms StreamSets and WebMethods from Germany-based Software AG for €2.13B in cash, expected to close in Q2 2024  —  – Deal will strengthen IBM’s AI and cloud capabilities  — Software AG backer Silver Lake also made deslisting offer Lees verder op Tech Meme

After releasing party mobile game DreamStar, Tencent put ~38% of its ads on ByteDance's ad service Pangolin; Tencent hopes to challenge NetEase's hit Eggy Party (Josh Ye/Reuters) 18-12-2023

Josh Ye / Reuters: After releasing party mobile game DreamStar, Tencent put ~38% of its ads on ByteDance’s ad service Pangolin; Tencent hopes to challenge NetEase’s hit Eggy Party  —  Tencent Holdings (0700.HK) is relying on one-time bitter rival ByteDance to promote its most important video game release in years … Lees verder op Tech Meme

Adobe and Figma terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval; Adobe will pay $1B (Reuters) 18-12-2023

Reuters: Adobe and Figma terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval; Adobe will pay $1B  —  Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to … Lees verder op Tech Meme

London-based luxury clothing marketplace Farfetch borrows $500M from Coupang, which will buy its assets and delist the company; FTCH dropped 90%+ in five years (Bloomberg) 18-12-2023

Bloomberg: London-based luxury clothing marketplace Farfetch borrows $500M from Coupang, which will buy its assets and delist the company; FTCH dropped 90%+ in five years  —  – Deal scraps planned tie-up between Farfetch and Richemont  — JP Morgan Chase to run marketing process for Farfetch assets Lees verder op Tech Meme

UK and EU regulators blocking Adobe's Figma deal changes the liquidity environment for startup founders and VCs, and focuses dollars on IPO-capable winners (Om Malik/On my Om) 18-12-2023

Om Malik / On my Om: UK and EU regulators blocking Adobe’s Figma deal changes the liquidity environment for startup founders and VCs, and focuses dollars on IPO-capable winners  —  The writing has been on the wall for sometime — the regulators on both sides of the Atlantic have been hemming and hawing … Lees verder op Tech Meme