StubHub, a prominent online ticket resale marketplace, filed on Friday for an initial public offering on the New York Stock Exchange under the ticker symbol “STUB.” In its filing, the company reported a net loss of $2.8 million on $1.77 billion in revenue for 2024. This contrasts with a $405 million profit on $1.37 billion…
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T-Mobile to divest 800 MHz spectrum portfolio to Grain Management
T-Mobile (NASDAQ: TMUS) announced today that it has reached an agreement in principle to divest its 800 MHz spectrum portfolio to Grain Management, LLC, a private investment firm specializing in digital infrastructure. Grain, in partnership with Black & Veatch’s energy and infrastructure experts, plans to market the spectrum to utilities, critical infrastructure operators, regional providers, and…
AI Push: SoftBank to acquire Ampere Computing for $6.5 billion
SoftBank Group announced Wednesday its $6.5 billion acquisition of Ampere Computing, a U.S.-based startup specializing in Arm-based server chips. The deal, set to close in the second half of 2025, will see Ampere operate as an independent subsidiary headquartered in Santa Clara, California. Carlyle Group and Oracle are selling their stakes in the startup, which employs 1,000…
Fiserv acquires CCV to expand clover platform in Europe
Fiserv Inc. (NYSE: FI), a global leader in payments and financial services technology, announced its acquisition of CCV, a payment solutions provider operating in the Netherlands, Belgium, and Germany. The move highlights Fiserv’s commitment to growth in the European market. Financial terms of the deal were not disclosed. Founded in Arnhem in 1958, CCV has been…
Hitachi accelerates AI-driven transformation for physical and industrial applications
Hitachi, Ltd. today announced substantial achievements stemming from its collaboration with NVIDIA, unveiled just one year ago. This partnership has driven a wave of innovation, delivering breakthroughs such as new product launches, advanced prototype developments, and the establishment of expert advisory councils—all propelling the realization of Physical AI. Through the combination of Hitachi’s expertise in…
Dassault Systèmes invests in Click Therapeutics
PARIS: Dassault Systèmes, through its MEDIDATA brand, has deepened its collaboration with Click Therapeutics, investing in cutting-edge solutions to enhance patient engagement and real-world care. The partnership aims to set a gold standard for digital and pharmaceutical clinical trials, paving the way for advancements in Prescription Digital Therapeutics (PDTs) and Software-Enhanced (SE) products. MEDIDATA’s technology, which supports…
T2S Solutions has acquired Blue Marble Communications
T2S Solutions, a provider of advanced technologies supporting U.S. defense and national security missions, announced Wednesday its acquisition of Blue Marble Communications, a company specializing in space-qualified communications and computing technologies. Blue Marble, founded in 2017 and based in San Diego, has become a critical player in the growing demand for satellite and spaceflight technology….
Nasdaq and nuam extend strategic partnership to modernize Latin American markets
Nasdaq (Nasdaq: NDAQ) and nuam (NUAM: nuam), the merged entity of the Santiago, Lima, and Colombia stock exchanges, have announced an extension of their strategic technology partnership. The collaboration will see nuam’s central securities depositories (CSDs) adopt Nasdaq’s platform, aiming to optimize post-trade processes across the region. The agreement builds on Nasdaq’s existing relationship with…
Emerald Holdings acquires Insurtech Insights
NEW YORK: Emerald Holding, Inc. (NYSE: EEX) announced Monday its acquisition of all assets of London-based Insurtech Insights, a leading company in the insurance technology community. The move marks Emerald’s entry into the burgeoning insurtech sector and supports the company’s strategy to broaden its portfolio through acquisitions in high-growth markets. Founded in 2018, Insurtech Insights is renowned…
Airbus Ventures invests in Featherless.ai
Airbus Ventures has announced its investment in Featherless.ai, a leader in serverless AI inference platforms. The innovative technology developed by Featherless.ai optimizes GPU utilization, reduces costly downtime, and significantly lowers operational expenses, enabling AI inference at reduced costs. “AI has the power to transform industries and empower individuals around the globe,” said Eugene Cheah, founder…
Vista Global secures $600 million equity investment led by RRJ Capital
Vista, the global leader in private aviation, announced Monday that it has signed a definitive agreement for a $600 million equity investment from a consortium of investors led by Asian investment firm RRJ Capital. This strategic funding marks another milestone in Vista’s growth journey and reinforces confidence in its business model and long-term vision. The investment will…
Japan’s Taiho Pharmaceutical to acquire Swiss Biotech Araris for $1.14 billion
Swiss oncology biotech firm Araris Biotech AG has entered into an acquisition agreement with Taiho Pharmaceutical Co., Ltd, marking a significant milestone for the advanced therapies industry, 4BIO Capital announced Monday. The Japanese company will pay $400 million upfront, with additional milestone payments potentially bringing the total to $1.14 billion. The acquisition is set to close in…