failed mergers and acquisitions
Enterprise
Intel’s modernization strategy could face setback with end of $5.4B Tower deal
9:27 am PDT • August 17, 2023
In 2021, Intel CEO Pat Gelsinger announced a comprehensive modernization strategy he dubbed IDM (integrated device manufacturing) 2.0. As part of that vision, the company announced a $20 billion investment…
Startups
Salesforce and Twitter are both lucky their purported $20B deal failed in 2016
11:30 am PDT • April 19, 2022
What if history gone a bit differently and Salesforce had bought Twitter in 2016? We spoke to some analysts who cover the CRM industry to get their thoughts.
Startups
Zendesk terminates $4.1B SurveyMonkey acquisition after its own investors reject deal
1:57 pm PST • February 25, 2022
Zendesk announced today that it was walking away from the proposed $4.1 billion deal to buy Momentive, the owners of SurveyMonkey, after stockholders rejected the deal. The announcement comes just…
