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Epiris agrees £1 billion acquisition of Gamma Communications

Private-equity firm Epiris has agreed to acquire European enterprise communications provider Gamma Communications for about £1 billion, according to Bloomberg. The reported price represents a 53% premium to Gamma's share price on April 7. The summary describes the transaction as an agreed acquisition.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital Products
Capital Products

Scanntech raises $180M Series F for retail intelligence business

Scanntech raised $180M in Series F financing led by L Catterton and Partners Group, FinSMEs reported. The Montevideo, Uruguay-based company develops market intelligence tools using point-of-sale data and provides a platform for re...

AI Products
AI Products

Apple tightens App Store rules on nonconsensual intimate images

Apple updated its App Store rules Friday to explicitly require developers to prevent and remove nonconsensual sexual images. Developers that fail to implement adequate safeguards or remedy violations after notice may lose App Stor...

AI Products
AI Products

Anthropic reportedly offers Blackstone 10%+ yield for TPU financing

Anthropic is offering Blackstone a 10%+ yield to help finance a $60B debt package to buy Google TPUs, the Financial Times reported, citing sources. Blackstone would invest $9B in the debt. The high borrowing costs complicate Anthr...

Robotics Products
Robotics Products

SoftBank considers Allied Universal acquisition as Son explores AI robots

SoftBank Group is considering buying Allied Universal, the largest security services company in the US, Bloomberg reports, citing people familiar with the matter. The consideration comes as founder Masayoshi Son explores deploying...

Products Infrastructure
Products Infrastructure

Munich shifts infrastructure software to open-source alternatives

Munich is replacing proprietary infrastructure and collaboration software with open-source alternatives, chief digital officer Laura Dornheim said at Open Source Summit Europe. The city is moving from VMware to Proxmox, from Jira ...