Nvidia agrees to acquire Hugging Face for $12.9 billion

SANTA CLARA: Nvidia has agreed to acquire open-source artificial intelligence platform Hugging Face for $12.9 billion, according to a report Wednesday from The Information, citing a person with direct knowledge of the…

Web Desk August 27, 2026

Wire

Exchange Income Corporation acquires TerraPro Inc. For $30 million

TORONTO: Exchange Income Corporation (TSX: EIF), a diversified acquisition-focused company with operations in Aerospace & Aviation and Manufacturing, has announced a definitive agreement to acquire TerraPro Inc., a fully integrated access-matting platform based…

Web Desk August 25, 2026

Australian Exchange

James Hardie to sell European operations to Holcim for $980 million

CHICAGO: James Hardie Industries plc, a building materials provider, announced it will sell its European sustainable walling and flooring business, Fermacell, to Swiss rival Holcim for €840 million (approximately $980 million) in cash…

Web Desk August 21, 2026

Wire

Crest Group acquires ultrasonic rival Dukane in private equity-backed deal

NEW YORK: The Crest Group, a global industrial technology manufacturer, has acquired Dukane, a manufacturer of ultrasonic solutions and plastic joining technologies. Financial terms were not disclosed. Crest, which manufactures ultrasonic cleaning and…

Web Desk August 19, 2026

Wire

Alibaba to sell Lingxi Games to Trustar Capital for over $2 billion

HONG KONG: Alibaba Group is set to sell its game development unit, Lingxi Games, to private equity firm Trustar Capital for more than $2 billion, a person familiar with the matter told…

Web Desk August 17, 2026

Wire

Anthropic’s revenue soars more than 1,400% as company eyes blockbuster IPO

PALO ALTO: Anthropic’s revenue surged more than 14-fold in the second quarter from a year earlier, Bloomberg News reported Friday, underscoring the rapid growth of the Claude chatbot maker as…

Web Desk August 15, 2026

Wire

DecisionPoint Technologies acquires 5th Wave Mobile Technology

BALTIMORE: DecisionPoint Technologies, a leader in end-to-end enterprise mobility and edge technology solutions, said Monday it has acquired 5th Wave Mobile Technology, a specialized provider of mobile computing, barcoding, RFID…

Web Desk August 11, 2026

Wire

Paradium.AI acquires InfoSentience to scale automated content generation

NEW YORK: The Arena Group Holdings Inc., doing business as Paradium.AI, has acquired InfoSentience, an automated natural language generation company, as the media publisher continues its shift toward an AI-driven…

Web Desk August 11, 2026

Wire

Argan Inc. has acquired ValCor Communications for $8.3 million

ARLINGTON: Argan Inc. has acquired ValCor Communications LLC, a Connecticut-based provider of network installation and maintenance services, in a deal valued at approximately $8.3 million, a statement said. The transaction, which closed…

Web Desk August 5, 2026

Wire

Limbach Holdings acquires CYMCOR for $30 million to expand data center footprint

Deal positions building systems firm to capture growing demand in mission-critical infrastructure market PITTSBURGH: Limbach Holdings, Inc. (Nasdaq: LMB) has acquired CYMCOR, Inc., a professional services firm specializing in program management…

Web Desk August 5, 2026

Wire

Morgan Stanley acquires Australian gas pipeline operator Epic Energy

Deal strengthens critical energy connectivity to South Australia amid rising renewable integration SYDNEY: Morgan Stanley Investment Management, through its private infrastructure platform Morgan Stanley Infrastructure Partners (MSIP), announced today it has agreed…

Web Desk July 28, 2026

Wire

Mitigram acquires trade intelligence platform eexpand

NEW YORK: Mitigram, a global digital platform for trade finance, announced Wenesday it has acquired Export Enterprises SA, the parent company of the trade intelligence platform eexpand. The acquisition includes all of eexpand’s core…

Web Desk July 22, 2026