LOS ANGELES: Warner Bros. Discovery announced Monday it will separate into two independent, publicly traded companies in a tax-free transaction aimed at maximizing growth potential for its streaming and studio division and its global networks business. The move, expected to be completed by mid-2026, will create Streaming & Studios, housing major entertainment brands like Warner Bros. Television, Warner Bros. Motion Picture Group,…
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IonQ to acquire Oxford Ionics in $1.075 billion deal to advance quantum computing
OXFORD: IonQ (NYSE: IONQ), a leader in quantum computing, announced Monday it has entered a definitive agreement to acquire Oxford Ionics in a deal valued at $1.075 billion, combining cash and stock to accelerate the development of high-performance quantum systems. The transaction includes $1.065 billion in IonQ common stock and approximately $10 million in cash, subject to…
ShareVault, AM&AA partner to streamline Middle-Market M&A
ShareVault, a provider of secure document-sharing solutions, has announced a strategic partnership with the Alliance of Merger & Acquisition Advisors (AM&AA), an international organization serving middle-market M&A professionals. The collaboration aims to enhance the due diligence process by integrating ShareVault’s secure platform with AM&AA’s network of dealmakers. The platform offers AI-powered redaction, Clickwrap NDAs, and…
HSBC becomes strategic investor in European fintech Token.io
LONDON: European fintech company Token.io announced Tuesday that HSBC has become a strategic investor, signaling a strengthened partnership focused on advancing account-to-account payment solutions. The investment, revealed at Money20/20 Europe, marks a milestone for Token.io, which has powered HSBC’s Open Payments solution since 2019. The London-based firm specializes in account-to-account (A2A) payment infrastructure, enabling direct bank transactions through open…
Brightstar Capital Partners acquires KZF Design, expanding architectural and engineering reach
NEW YORK: Brightstar Capital Partners, a private equity firm specializing in business services, industrials, consumer, and government services and technology investments, announced Wednesday that it has acquired KZF Design, a multidisciplinary architecture, engineering, and design firm. Mike Burke, former chairman and CEO of AECOM, will serve as chair of KZF’s board of directors and advise…
Hims & Hers to acquire European telehealth platform, Zava
SAN FRANCISCO: Hims & Hers Health announced Tuesday it will acquire European telehealth platform Zava as part of its push to expand globally. The deal, expected to close by mid-year, will broaden the company’s reach into Ireland, France and Germany, growing its active customer base by roughly 50%. Financial terms were not disclosed, but details will be…
Viper Energy to acquire Sitio Royalties in $4.1 billion all-stock deal
MIDLAND: Viper Energy Inc., a subsidiary of Diamondback Energy Inc., announced Monday it has agreed to acquire Sitio Royalties Corp. in an all-stock transaction valued at approximately $4.1 billion, including $1.1 billion in net debt. The deal, expected to close in the third quarter of 2025, will create one of the largest publicly traded mineral…
Braze acquires AI decisioning company OfferFit
NEW YORK: Braze (Nasdaq: BRZE), a leading customer engagement platform, announced Tuesday the completion of its acquisition of OfferFit, an AI decisioning company. The acquisition accelerates the integration of OfferFit’s multi-agent decisioning engine into Braze’s Customer Engagement Platform. The combined technologies aim to enhance automation and machine learning capabilities, helping brands optimize customer interactions. Braze…
Entertainment Partners acquires CASHét, payment solutions for film, TV productions
LOS ANGELES: Entertainment Partners, a global leader in payroll and financial management for the entertainment industry, announced Tuesday it has agreed to acquire CASHét Entertainment, LLC, a top provider of digital payment solutions for film and TV productions. The acquisition will enhance EP’s ability to offer faster, more accurate financial services to productions worldwide. CASHét’s…
Self service gap: Why customer service agents hold the key to adoption
A surprising 60% of customer service agents fail to promote self service options to customers, according to a 2025 Gartner, Inc. survey. This missed opportunity comes at a time when businesses are investing heavily in automation and GenAI tools—yet many customers remain hesitant to embrace digital solutions. The survey, which polled 5,801 customers in January and February 2025, revealed that even…
UKG acquires Shiftboard to expand workforce management solutions for critical industries
LOWELL: UKG, a leading provider of HR, payroll and workforce management solutions, announced Friday it has acquired Shiftboard, a top employee scheduling software platform for mission-critical industries, including oil and gas, energy and manufacturing. Shiftboard, trusted by companies such as BASF, Bridgestone, Daisy Brand and Shell, specializes in solving complex workforce scheduling challenges. Its platform…
pWin.ai raises $10 million in seed funding to expand AI-powered proposal writing platform
RESTON: pWin.ai, an artificial intelligence platform designed to streamline government and business proposal writing, announced Tuesday it has raised $10 million in a seed funding round led by MicroStrategy co-founder Sanju Bansal, Blue Delta Capital and other government contracting (GovCon) industry leaders. The investment will fuel product development, customer acquisition and market expansion for the…