Mergers and Acquisitions
Sir Terry Matthews sells Mitel to private investment firm Searchlight for $2 billion
Mitel joins Rackspace in portfolio of Searchlight Capital following $2 billion deal
Toshiba to bust memory chip sell-off deadline as Chinese antitrust authorities' third investigation drags on
Toshiba deal with Bain Capital continues to be held-up by regulatory hurdles
Plantronics to acquire video conference tech maker Polycom for $2 billion
Polycom sold-on to Plantronics following two years under private-equity ownership
Cryptocurrency exchange Poloniex snapped up by Circle
Social payments company plans to turn Poloniex into a 'robust multi-sided distributed marketplace'
M&A carries on in unified comms space
The UC market continues to shrink while remaining the same size
Thales trumps Atos in Gemalto takeover battle
Atos folds after Thales agrees a deal for Gemalto 11 per cent higher than Atos's bid
Toshiba denies reports that the sale of its PC making business is imminent
Toshiba downplays PC unit sale rumours despite offloading TV manufacturing to Hisense for just $114m
StoneCalibre acquires AVST to create joint voice and data UC firm
StoneCalibre has merged AVST and fax-over-IP company XMedius
Intermedia-AnyMeeting tie-up continues unified comms consolidation
Companies target SMBs with new cloud app and UC bundle
Cloudreach continues shopping spree with ETA acquisition
UK company is on the expansion trail following February acquisition by Blackstone
Mitel acquires ShoreTel to create second-largest unified communications company
The offer represents almost a 30 per cent premium over ShoreTel's stock price
With Telstra's scale, Company85 will go global
Telstra will play off the acquisition to reach more of the UK market
Yahoo shareholders approve $4.48bn sale to Verizon
Verizon could slash 2,100 jobs as long-running takeover saga finally comes to an end
Microsoft confirms deal to buy Israeli cyber security company Hexadite
Microsoft deal for Hexadite believed to be around $100m
Sonus and Genband merge for IP- and cloud-based unified communications networks
Merger combines separate areas of expertise in virtualisation, cloud and UC
Cisco distances itself further from hardware base with Viptela acquisition
Cisco's acquisition of Viptela takes the company further out of its traditional territory and into the software space
Facebook fined €110m for claiming it would not 'user match' in WhatsApp acquisition probe
Facebook staff knew it was possible to link user identities and altered WhatsApp's privacy policy last year, says European Commission
Lyft and Waymo team up for self-driving car pilots
Non-exclusive deal will bring two of Uber's biggest rivals together
Spotify acquires blockchain startup Mediachain Labs to solve music royalties issue
Blockchain startup's employees expected to build a 'shared data layer' to solve music payment problems
Volkswagen and Mobvoi team up to put artificial intelligence into cars
VW hopes 50-50 joint venture will see other car brands take up the AI technologies too
Citrix up for sale, claims report
Citrix has hired Goldman Sachs to search for potential buyers, according to insiders
Apple buys Israeli firm RealFace for facial-recognition tech
Could be added to iPhone 8
Co-operative Bank settles dispute with Capita and cans new IT system as it puts itself up for sale
Co-operative Bank scraps IT transformation plans to cut costs
Samsung considering selling PC business to Lenovo for £680m
Reported move comes two years after firm fled the European market