Tag: Acquisition
Kanye West to buy conservative social media app Parler
Parlement Technologies, the parent company of social media app Parler has said that it will be acquired by rapper Kanye West, who legally changed...
Telkom shares plunge on report MTN talks have stalled
Shares in Telkom plummeted more than 10% in Johannesburg on Friday after a report suggested talks with rival MTN Group about a takeover had...
Telkom shares rise after company says MTN talks continue
Shares in Telkom rose this week after the company informed investors that it is still in talks with MTN Group about a possible acquisition. In...
Telkom receives formal proposal from Rain
South African internet service provider Rain has formally made a non-binding proposal to Telkom South Africa that would see the latter acquire the former...
MultiChoice acquires emergency response app, Namola
DStv and GOtv parent company, MultiChoice has acquired on-demand emergency response app, Namola, as part of a drive to expand services beyond entertainment.MultiChoice South...
Adobe to acquire biggest rival Figma for $20 billion
Adobe has agreed to buy its biggest rival, software design start-up Figma in a deal valued at about US$20-billion to help its expand tools...
MTN, Telkom still in takeover talks
In separate but identical regulatory filings on Monday, MTN Group and Telkom said they remained locked in discussions about a potential combination of their businesses.The...
Google gets stake in African e-logistics firm Lori Systems
US Internet giant Google has acquired a stake in East African e-logistics company Lori Systems for an undisclosed sum.The investment forms part of Google's US$50...
Ghana government blocking VODAFONE SALE to Telecel
The cat is now out of box - Vodafone Group has agreed to sell its 70 per cent stake in Ghana to Telecel Group,...
Ericsson completes acquisition of Vonage in the US
Global tech vendor Ericsson has completed its acquisition of Vonage Holdings in the USA, supporting Ericsson’s strategy to leverage technology leadership to grow its...