In line with recent moves into cloud computing and AI, hardware giant HPE now sets its sights on acquiring Nutanix, according to Bloomberg.
Two major data-center operators agreed to be acquired Monday in deals worth a combined $18.8 billion, highlighting the fast-moving consolidation of cloud computing assets ahead of a new generation of 5G and fiber-optic network services.
The EU’s analysis shows that the acquisition “could lead to restricted or degraded access” to Arm’s intellectual property, EU Competition Commissioner Margrethe Vestager said in a statement on Wednesday.
PayPal Holdings Inc.’s potential takeover of social media firm Pinterest Inc. would top the charts in what’s already a record-breaking year for tech deals.
The company has earned praise for its vendor-neutral approach to monitoring cloud infrastructure, said to be unique in its space.
A recent assessment of the deal ordered by regulators reportedly contains worrying implications for national security.
The deal values Iliad at about 10.85 billion euros ($12.9 billion), according to Bloomberg calculations.
The company is looking for partners for operations comprising about 20% of group revenue.
The assets could be valued at more than $600 million in a potential transaction.
