All articles by Refna Tharayil

Refna Tharayil

UK CMA to probe Synopsys’ $35bn acquisition of Ansys

The CMA probe into Synopsys’ proposal is the latest tech takeover investigation the UK competition regulator has launched in recent months.

India’s Bharti Global to acquire 24.5% stake in BT Group from Altice UK

The Indian conglomerate confirmed that it does not plan to make an offer to acquire the British telecommunications holding company and will adhere to the terms of Rule 2.8 of the UK Takeover Code

UK and France further Pall Mall Process cyber partnership

The review will be conducted under the framework of the Pall Mall Process, an international multi-stakeholder dialogue aimed at crafting collective responses to the emerging challenge

Scottish government plans to consolidate Oracle business systems

A key initiative under the Scottish government’s shared services programme (SSP), the consolidation is facilitated by a £2.4m contract awarded to American technology company International Business Machines (IBM)

EQT to acquire majority stake in cyber protection firm Acronis

The transaction values Acronis above its 2022 growth funding round, in which the cyber protection firm raised $250m and was valued at over $3.5bn.

UK CMA clears HPE’s $14bn acquisition of Juniper Networks

The CMA’s clearance of the Juniper Networks deal comes a week after the European Commission unconditionally granted approval for the merger.

UK ICO slaps Advanced Computer Software with £6m fine for data breach

The decision comes after an initial finding by ICO that the British software company failed to implement adequate measures to protect the personal data of 82,946 individuals, including sensitive information.

US DOC to award up to $450m funding to SK hynix for Indiana chip facility

To be granted under the CHIPS and Science Act, the financing will enable the semiconductor company to establish a HBM advanced packaging fabrication and R&D facility in Indiana

IBM integrates generative AI into TDR services to boost cybersecurity

Dubbed IBM Consulting Cybersecurity Assistant, the new features are built on the watsonx data and AI platform and it is designed to expedite and augment the identification, investigation, and response to critical security threats

Lumen secures deals worth $5bn amid AI-driven fibre demand

Lumen Technologies has established a new Custom Networks division to manage its portfolio of private connectivity fabric solutions