M&A

Telus to buy LifeWorks for $2.3 billion

Canadian operator Telus will also take on $600 million in debt to purchase healthcare firm LifeWorks, claiming the move ‘accelerates Telus Health’s vision of employer-based healthcare.’

Musk set to bail on Twitter deal

In a new SEC filing, Elon Musk claims Twitter’s refusal to provide him with the user data he wants provides grounds for termination of the merger agreement.

Broadcom swoops for VMware in $61 billion deal

Chip and component manufacturer Broadcom has agreed to pay a whopping $61 billion a cash and stock transaction for cloud services firm VMware, and will also assume $8 billion of its net debt.

Amdocs to acquire Mycom OSI for $188 million

Israeli telecoms software firm Amdocs has agreed to buy UK based Mycom OSI, which specialises in cloud-native assurance applications for 5G networks and wireline operator networks.

The Musk Twitter saga hits an impasse

Billionaire Elon Musk is unconvinced by claims that less than 5% of Twitter users are fake or spam and seems set to abandon his acquisition bid.

KT Cloud could be worth $2 billion

KT is reportedly mulling selling off a chunk of its recently-created cloud business, a move that could value the unit as a whole at US$2 billion.

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