All articles by Refna Tharayil
Refna Tharayil
Applied Materials’ Q3 FY2024 net income increases by 9% to $1.7bn
The semiconductor chips’ equipment, services and software manufacturer’s revenues for Q3 2024 were up by 5% to $6.78bn, compared to $6.42bn in Q3 2023. In Q2 2024, Applied Materials’ revenues were $6.64bn
HPE to acquire hybrid cloud management platform Morpheus Data
Integrating Morpheus Data’s FinOps capabilities with its own multicloud IT data, HPE claims, will allow customers to better understand their cloud spending.
French authorities report over 140 cyberattacks during Paris 2024 Olympics
The French cybersecurity agency ANSSI recorded 22 incidents alone targeting IT systems – but none succeeded in disrupting the games.
Intel divests 1.18 million shares in British semiconductor company Arm
The divestment is part of Intel’s broader restructuring strategy, aimed at strengthening the company’s operational efficiency amidst rising competition in the semiconductor industry.
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
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)
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
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.