Private equity company affiliate to pay $1.4bn for Avid

Avid's Logo and Private Equity Firm's Affiliation Announcement

A Groundbreaking Arrangement Divulged In a critical move that is ready to reshape the scene of the media and diversion innovation area, a confidential value organization’s partner has reported its aim to get Enthusiastic, an eminent industry player, for a faltering $1.4 billion. This procurement signals a significant monetary exchange as well as possibly extraordinary … Read more

Activision and Microsoft to appeal after CMA blocks takeover

Activision and Microsoft to appeal after CMA blocks takeover

[ad_1] Activision has said it will “work aggressively” with Microsoft to overturn the U.K. competition regulator’s decision to block Microsoft’s proposed takeover of the game developer. Microsoft and Activision were confident of approval after agreeing remedies to address concerns raised by the Competition and Markets Authority (CMA). But the CMA said on Wednesday that the … Read more