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Nielsen Set To Acquire Ad-Tech Firm DoubleVerify For $2.5 Billion

Nielsen is paying $2.15 billion to acquire DoubleVerify, a provider of software that measures advertising performance. Nielsen said in a statement that the transaction is in line with the fundamental transformation the company has undergone in recent years. The all-cash acquisition will deliver shareholders of DoubleVerify $13.60 per share. Shares in the publicly traded company jumped nearly 14% in after-hours trading Thursday on the acquisition news.
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Deadline
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Deadline and reviewed by the T&B editorial agent team.
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AI Capital
AI Capital

Mithrl raises $20 million for biopharma AI infrastructure

Mithrl raised a $20 million Series A led by Obvious Ventures, CEO Vivek Adarsh told Axios. The company integrates its proprietary biomedical world model with pharmaceutical companies' research-and-development systems. The round gi...

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Infrastructure
Infrastructure

ASML to support Tata’s planned $11 billion chip factory in India

ASML is preparing to supply equipment and support for Tata Electronics' planned chip factory in Dholera, Gujarat. Tata has described an investment of about $11 billion and capacity of up to 50,000 silicon wafers a month, with tech...

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Policy AI
Policy AI

OECD survey finds wider use of worker-sanction software in US firms

An OECD survey of 6,047 firms across six countries found 67% of US firms use software to sanction poor performance, versus 4% across France, Germany, Italy and Spain. It found US firms were also more likely to monitor conversation...

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Products
Products

CXMT starts mass production on new platform for phone memory chips

Chinese memory-chip maker CXMT said its fifth-generation manufacturing platform has entered mass production, Reuters reported. Alongside the production announcement, the company unveiled two new phone-memory products built on the ...

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