Tag Archives: acquisition

BOSTON — In search of more production at first base, the Red Sox signed free agent Nathaniel Lowe late Sunday night and had him part of the active roster for Monday’s series opener with the Baltimore Orioles. His arrival could have a domino-like affect on the the Red Sox lineup on a daily basis. Lowe gives manager Alex Cora additional …

Shares in local TV giant Tegna surged nearly 30% in mid-day trading Monday on news that leading station owner Nexstar is in advanced talks to acquire the company. A source familiar with the discussions confirmed them to Deadline. The valuation remains unclear for the time being, but it will be well into the billions. Tegna in 2023 had an $8.6 …

NFLNFLESPN will own the rights to RedZone and get more live games. The NFL gets 10 percent equity in ESPN. But plenty of questions remain about this landscape-altering deal. Getty Images/Ringer illustration By Lindsay JonesAug. 7, 12:25 pm UTC • 7 min The NFL is turning over most of its media properties, including the NFL Network and distribution rights to …

Joby and Blade Stock Jump on Acquisition News  Barron’s Blade, Joby stocks rally after companies strike $125 million deal on helicopter ridesharing business  Yahoo Finance Joby To Acquire Blade’s Passenger Business, Accelerating Air Taxi Commercialization  Joby Aviation Joby Stock Jumps; These Defense Stocks Rise  Investor’s Business Daily Joby Aviation Aims for Commercial Flights with Deal for Blade Air’s Passenger Unit  The Wall Street Journal Source …

Apple is “open” to an acquisition that would accelerate its AI roadmap, Apple CEO Tim Cook told CNBC today. Cook said that Apple sees AI as one of the “most profound technologies of our lifetime,” and that the company is “significantly growing” its AI investments. “We’re embedding it across our devices, across our platforms and across the company,” Cook said. …

Cybersecurity veteran Shlomo Kramer has come out against the blockbuster $25 billion Palo Alto-CyberArk deal. In a post published on LinkedIn, Kramer, a co-founder of Check Point, Imperva, and Cato Networks, wrote: “I believe the Palo Alto Networks-CyberArk acquisition is the end of a successful run from PANW.” He continued: “Platformization? More like IBMization. With its acquisition of CyberArk, Palo …

Wall Street is punishing Palo Alto Networks over its planned $25 billion acquisition of CyberArk . Jim Cramer believes investors who step into the sell-off will likely be rewarded down the road. Shares of Palo Alto were down nearly 6% after the cybersecurity company officially announced the acquisition. A day earlier, The Wall Street Journal reported the two firms were …

WASHINGTON — NASA has paused plans to procure a set of ground stations intended to reduce the burden on the agency’s Deep Space Network, citing uncertain budgets. To continue reading this article: Register now and get3 free articles every month. You’ll also receive our weekly SpaceNews This Week newsletter every Friday. Opt-out at any time. Sign in to an existing …

The cybersecurity market is heating up: According to a Wall Street Journal report published Tuesday, Palo Alto Networks is in advanced negotiations to acquire Israeli company CyberArk for more than $20 billion. Palo Alto, the world’s largest cybersecurity company with a market capitalization of $130 billion, is eyeing CyberArk, a recognized leader in the identity management space, which is currently …

Now that David Ellison’s Skydance has secured the keys to Paramount Global, what toys await him inside the company’s intellectual property chest? After a nail-biting federal approval process that inspired backlash, Ellison and team have not only secured a legacy distributor, but a trove of content in various stages of production and development. As the new Skydance-Paramount team prepares to …