Enlarge (credit: Aurich Lawson) Four U.S. Senators have sent a letter to Federal Trade Commission Chairwoman Lina Khan expressing concern about Microsoft’s proposed $68.7 billion acquisition of Activision Blizzard, according to a Wall Street Journal report. In the letter, Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Cory Booker (D-NJ), and Sheldon Whitehouse (D-RI) express worry […]
A massive deal to acquire video game developer Activision Blizzard shows the value of owning content. Read More
Enlarge / A T-Mobile logo at a store in New York on April 30, 2018. (credit: Getty Images | Bloomberg) T-Mobile has cut at least 5,000 jobs since completing its acquisition of Sprint despite promising that the merged company would start creating new jobs “from day one.” As noted by Light Reading today, a T-Mobile […]
Enlarge / Some current Arm licensees view the proposed acquisition as highly toxic. (credit: Aurich Lawson / Nvidia) In September 2020, Nvidia announced its intention to buy Arm, the license holder for the CPU technology that powers the vast majority of mobile and high-powered embedded systems around the world. Nvidia’s proposed deal would acquire Arm from Japanese conglomerate […]
Enlarge / Embrace the Embracer. One of the last large independent game developers will no longer operate on its own, as Borderlands maker Gearbox Entertainment has merged with Swedish holding company Embracer Group. The Embracer conglomerate already encompasses dozens of mid-size game studios under brands like THQ Nordic, Saber Interactive, and Koch Media. The deal […]
Enlarge (credit: Rafael Henrique/SOPA Images/LightRocket via Getty Images) For the past few years, Fiat Chrysler Automobiles has been looking to get married. After its advances were spurned by the likes of General Motors and Volkswagen, a merger with France’s Renault looked possible, until the death of FCA boss Sergio Marchionne in 2018. Then, in October, news […]