Sat.Apr 20, 2024 - Fri.Apr 26, 2024

article thumbnail

Nvidia acquires AI workload management startup Run:ai for $700M, sources say

TechCrunch: M&A

Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure. Terms of the deal aren’t being disclosed publicly, but two sources close to the matter tell TechCrunch that the price tag was $700 million. CTech reported earlier this morning the […] © 2024 TechCrunch.

article thumbnail

Is Public Finance In Your Blood?

H. Friedman Search

As we approach the middle of the second quarter, I find myself asking if there is a litmus test I can apply to my candidates. Is there one thing they each have in common, so that when I am talking to someone I know I can help them? Is there one thing that sets them apart from any other candidate – whether they are at a small, boutique law firm or a large, bulge-bracket investment banking firm?

Finance 197
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trends and Enforcement Priorities from the 2024 ABA Antitrust Spring Meeting

JD Supra: Mergers

Last week, a Mayer Brown team joined over 4,000 lawyers from around the globe—including top enforcers from the US Federal Trade Commission (“FTC”), Department of Justice (“DOJ”), and the European Union (“EU”)—to discuss new developments and enforcement priorities in the antitrust space. Overall, both the US and EU are specifically doubling down on merger scrutiny, and are looking to increase their powers in that space.

Mergers 192
article thumbnail

4 Characteristics of a Winning M&A Pipeline 

Midaxo

Building a successful M&A pipeline is challenging. How do the best in the business do it? We asked them. During our recent webinar, “ 4 Steps to Build a Winning M&A Pipeline ,” we discussed the four characteristics that stood out. Implement a Clear Corporate Development Strategy Aligned with Company Goals: The best Corporate Development (Corp Dev) leaders start with a clear understanding of their company’s business strategy from which they derive a clear, actionable inorganic strategy.

M&A 147
article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition

TechCrunch: M&A

With HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBM’s other businesses. © 2024 TechCrunch. All rights reserved. For personal use only.

More Trending

article thumbnail

Emerging Trends in Second Requests

JD Supra: Mergers

From increasing regulatory scrutiny to the best way to handle modern attachments, experts share their insights, best practices, and projections to help organizations and law firms prepare for upcoming Second Requests.

Shares 177
article thumbnail

Closing Conditions: When Should Breaches of Financing Cooperation Covenants Trigger a Walk Right?

Deal Lawyers

A recent lawsuit involving a buyer’s attempt to terminate a deal based on a seller’s alleged non-compliance with the purchase agreement’s financing cooperation covenant raises the question of when a buyer should have the right to walk away from a deal on that basis.

Finance 120
article thumbnail

Area man, Twilio co-founder Jeff Lawson, buys The Onion

TechCrunch: M&A

Jeff Lawson, co-founder and recently departed CEO of Twilio, is the proud new owner of satirical online newspaper The Onion. © 2024 TechCrunch. All rights reserved. For personal use only.

article thumbnail

Walker's Acquisition Advantage: Buy Smarter, Win Bigger with Proven Buy Then Build Strategy

How2Exit

b' E206: Walker's Acquisition Advantage: Buy Smarter, Win Bigger with Proven Buy Then Build Strategy - Watch Here rn rn About the Guest(s): rn Walker Deibel is an influential figure in the field of mergers and acquisitions, renowned for his bestselling book "Buy Then Build." His expertise encompasses buying and growing businesses successfully over the decades.

article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

SEC Wins Trial Involving First-Ever Shadow Trading Case

JD Supra: Mergers

On April 5, 2024, a federal jury in the Northern District of California found defendant Matthew Panuwat liable for insider trading in the Securities and Exchange Commission’s (“SEC”) first-ever case involving the so-called “shadow trading” theory of insider trading.

Trading 177
article thumbnail

Fraudulent Transfers: 7th Cir Holds Section 546(e) Safe Harbor Applies to Private Deals

Deal Lawyers

Section 546(e) of the Bankruptcy Code provides a safe harbor from constructive fraudulent transfer claims for transfers that are settlement payments or payments related to a securities contract, when those transfers are “made by or to (or for the benefit of) … financial institutions.

article thumbnail

The IBM-HashiCorp coupling could be more complicated than it seems

TechCrunch: M&A

At a quick glance the IBM-HashiCorp deal seems like a good one for both sides, but upon closer inspection, perhaps not. © 2024 TechCrunch. All rights reserved. For personal use only.

IT 225
article thumbnail

Execution of Definitive Agreement to Acquire up to 67% of Giraffe Energy – Expansion of Orange Basin Platform in Namibia & Creation of Community Trust

Global Newswire by Notified: M&A

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) (“ Sintana ” or the “ Company ”) is pleased to announce that it has entered into a definitive agreement dated effective April 24 th , 2024 with Crown Energy (Pty) Ltd. (“ Crown Energy ”), a private Namibian company providing for the acquisition (the “ Acquisition ”) by the Company from Crown of up to 67% of the issued and outstanding shares of Giraffe Energy Investments (Pty) Ltd. (“ Giraffe ”).

article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

article thumbnail

What Did We Just Acquire? An Introduction to the Taxation of Acquired Intangibles

JD Supra: Mergers

In addition to being developed in-house, intellectual property (“IP”) can obviously be acquired from third parties. IP acquisitions may be more germane now than in the recent past as developers race to create and monetize artificial intelligence (“AI”) tools. But, while AI platforms might be the shiniest and most interesting objects in the current IP arena, acquirers still have to deal with much older (and mundane) tax questions like: (i) what is being acquired and (ii) how is its cost.

article thumbnail

Non-Competes: FTC’s Final Rule Expands Sale of Business Carve-Out

Deal Lawyers

Yesterday, the FTC adopted a final rule banning most non-competes in a 3-2, party line vote. Like the proposed rule, the final version includes an exception for non-competes entered into in connection with the bona fide sale of a business. The carve-out is contained in Section 910.

Sale 120
article thumbnail

Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’

TechCrunch: M&A

“Teampay represents this new class of fintech companies that came up,” said Paystand CEO Jeremy Almond. © 2024 TechCrunch. All rights reserved. For personal use only.

article thumbnail

‘Thunder Run’: Behind Lawmakers’ Secretive Push to Pass the TikTok Bill

The New York Times: Mergers, Acquisitions and Dive

A tiny group of lawmakers huddled in private about a year ago, aiming to keep the discussions away from TikTok lobbyists while bulletproofing a bill that could ban the app.

article thumbnail

Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

article thumbnail

Proposed Regulations for Buyback Tax Hit LBOs, Preferred Stock but Spare Tier 1 Capital

JD Supra: Mergers

The government released proposed regulations this month implementing the excise tax imposed on repurchases of corporate stock that was enacted in 2022. Although these regulations provide some welcome clarity as to the scope of the tax and the procedures for calculating and paying it, they are likely to disappoint those who had hoped that the Treasury would exempt from the excise tax a number of transaction types that Congress may not have intended to target with the law.

Stock 177
article thumbnail

Reverse Mergers as an IPO Alternative

Deal Lawyers

Despite a bit of a checkered reputation, non-SPAC reverse mergers are still a thing, and this excerpt from a recent WilmerHale memo (p.

IPO 120
article thumbnail

Investor Ron Baron says Tesla is at a bottom and the stock will 'go up huge' from here

CNBC: Investing

'It's going to go up huge. Now is the bottom. What they are doing is going into robotaxis and going to make the low-cost cars,' Baron said.

Investors 128
article thumbnail

Biden Signs TikTok Ban Bill Into Law. Here’s What Happens Next.

The New York Times: Mergers, Acquisitions and Dive

President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijing’s hostility.

Sale 125
article thumbnail

How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

article thumbnail

DOJ and FTC’s Aggressive Antitrust Enforcement Agenda Set to Continue

JD Supra: Mergers

There are five crucial areas of focus that will impact mergers, acquisitions and corporate governance going forward: New Hart Scott Rodino (HSR) rules are expected in weeks, not months.

article thumbnail

Regulators Seize Republic First, a Troubled Philadelphia Bank

The New York Times: Banking

The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.

Bank 134
article thumbnail

Warren Buffett's love for Japan may be far from over after $8 billion paper profit

CNBC: Investing

Buffett's Omaha-based conglomerate priced new Japanese bonds worth $1.7 billion, sparking speculation that he could be hunting for more stocks overseas.

article thumbnail

In Silicon Valley, You Can Be Worth Billions and It’s Not Enough

The New York Times: Mergers, Acquisitions and Dive

Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.

article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

IRS Signals Increased Scrutiny of Deductibility of Success-Based Fees in M&A Transactions

JD Supra: Mergers

Our Tax Group sheds light on recent IRS rulings that disallow deductions involving success-based fees in M&A transactions. Contrary to common practice, the IRS recently ruled target companies could not deduct success-based fees in certain situations.

M&A 167
article thumbnail

Bank of America, Goldman Sachs CEOs hang onto their board chair hats

American Banker - Investment Banking

At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.

Bank 111
article thumbnail

Infinite Reality Acquires the Drone Racing League for $250 Million, Solidifying Position as Global Leader in Immersive Technology & Experiences

Global Newswire by Notified: M&A

Acquisition of the Drone Racing League, the global, premier, professional sports property that merges the digital with the real, will accelerate Infinite Reality’s valuation to $3.5 billion Acquisition of the Drone Racing League, the global, premier, professional sports property that merges the digital with the real, will accelerate Infinite Reality’s valuation to $3.

Valuation 111