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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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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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Infrastructure Products
Infrastructure Products

Microsoft declines option to expand Nscale Texas data center contract

Microsoft has rejected an option to more than double its Texas data center contract with Nscale, the Financial Times reported, citing sources. The decision is a setback for the startup as it pursues ambitions for a $35B initial public offering.

Infrastructure
Infrastructure

Micron reportedly suspends Taiwan memory plant plans amid labor dispute

Micron Technology has suspended plans for a memory chip plant in Taiwan because of a protracted labor dispute, Bloomberg reported, citing people familiar with the matter. The suspension puts the fate of a major production base for crucial AI components in question.

Products
Products

Deutsche Telekom plans share buyback of up to €2 billion

Deutsche Telekom announced plans to repurchase as much as €2 billion ($2.3 billion) of its shares next year. The announcement follows third-quarter profit that exceeded estimates at the company, which is Europe's biggest phone carrier, Bloomberg reported.