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.