mergers Archives

AppWizard

July 26, 2025

Two Brand New PC Games Are Free on Steam

Steam has added two new games to its library that are currently available for free. One game, Oil Sheik, was released on July 24 and has an 88 percent approval rating, described as a turn-based strategic puzzle game about creating and expanding companies and trading stocks. The other game, Inverta, entered Early Access on July 18 and is a 2.5D puzzle-platformer with a focus on gravity manipulation, but has received only three positive user reviews. One game is marked as “Unsupported” on the Steam Deck, while the other has an “Unknown” compatibility status.

TrendTechie

July 18, 2025

Индийская Torrent Pharmaceuticals привлекла $2.3 млрд в рамках сделки с JB Chemicals

Torrent Pharmaceuticals Ltd. has secured a credit line of .3 billion to acquire a controlling stake in JB Chemicals & Pharmaceuticals Ltd. The credit facility is supported by banks including Barclays Plc, HSBC Holdings Plc, and Standard Chartered Plc, with a maturity period of up to four years. Torrent plans to purchase 53.8% of JB Chemicals from KKR & Co. for approximately .4 billion and has made a mandatory offer for an additional 26% of shares at 1,639 rupees per share. JB Chemicals' market valuation reached .6 billion in 2024, with a 20% increase in stock price. The Indian M&A landscape has seen an 18% increase in activity in 2025, despite an 8% decline in the Asia-Pacific region. JB Chemicals focuses on pharmaceutical products for various disorders and is headquartered in Mumbai, while Torrent Pharmaceuticals is based in Ahmedabad.

Tech Optimizer

July 16, 2025

ParadeDB takes on Elasticsearch as interest in Postgres explodes amid AI boom

Open source database management system Postgres is nearing its 40th anniversary and has seen increased demand due to its compatibility with AI applications, although its search and analytics capabilities are limited. ParadeDB is an open source extension that enhances full-text search and analytics within Postgres, integrating with various data infrastructure tools like Google Cloud SQL, Azure Postgres, and Amazon RDS. Founded in 2023, ParadeDB released its first version the same year and gained Alibaba as its first customer in May 2024. The company recently secured a million Series A funding round led by Craft Ventures to expand its team and improve its platform. The growing popularity of Postgres is highlighted by recent acquisitions, such as Snowflake's acquisition of Crunchy Data and Databricks' purchase of Neon.

AppWizard

June 20, 2025

Embracer’s headcount dropped by 1.8k staff last year

Embracer Group has reduced its workforce by over 1,800 employees, specifically a decrease of 1,857 compared to the previous fiscal year. This follows approximately 1,400 job losses in the prior year. The company has also divested several studios, including Gearbox and Saber Interactive. Embracer is planning to split into three publicly-traded entities, and founder and CEO Lars Wingefors will step down, with Phil Rogers taking over as CEO. Wingefors will become executive chairman of the Board, focusing on strategic initiatives, mergers and acquisitions, and capital allocation.

Tech Optimizer

May 15, 2025

Databricks to acquire serverless database startup Neon for USD 1 Billion

Databricks intends to acquire Neon, a serverless Postgres startup, for approximately USD 1 billion. Neon specializes in a modern database service based on PostgreSQL, offering features such as near-instantaneous database provisioning, elastic scaling, and powerful branching capabilities. This acquisition aims to enhance Databricks' offerings for AI tools, particularly AI Agents. Databricks has a history of expanding through acquisitions, including the purchase of MosaicML for USD 1.3 billion in 2023 and Tabular for over USD 1 billion in 2024. The company has a valuation of USD 62 billion and projected annualized revenue of USD 2.4 billion by mid-year. The acquisition awaits regulatory approvals.

Tech Optimizer

May 14, 2025

Databricks Acquires Neon for $1 Billion, Boosting AI Infrastructure with Serverless PostgreSQL

Databricks has acquired Neon, a cloud-based database startup specializing in serverless PostgreSQL, in a billion-dollar deal. This acquisition aims to enhance Databricks' role in the AI tooling landscape and reflects a shift in the database market to meet the needs of AI-native applications. Neon, founded in 2021 and based in Menlo Park, California, had raised nearly million before this acquisition. Databricks CEO Ali Ghodsi noted that 80% of databases on their platform are created by code rather than humans, indicating a shift in database management driven by autonomous AI agents. Databricks has been actively acquiring companies to strengthen its AI development capabilities, having previously acquired firms like MosaicML and Arcion. Ghodsi emphasized that as a private entity, Databricks can make long-term strategic decisions without public market pressures. The acquisition reflects a broader trend of increased deal-making in the AI sector and highlights the growing importance of robust data infrastructure in the context of sovereign AI initiatives.

AppWizard

April 23, 2025

PC Action Games Market Size and Outlook by Application, Type, and Geographic Scope

The global PC Action Games market is expected to grow significantly from 2025 to 2032, driven by increased demand for interactive entertainment, particularly among younger audiences, and advancements in technology. Key factors contributing to this growth include the popularity of competitive action games, improved gaming equipment, faster internet, and the rise of digital distribution platforms. Challenges include high initial investment costs, regulatory complexities, supply chain disruptions, market saturation in developed regions, and intense competition. Emerging trends involve the integration of advanced digital technologies, a focus on sustainability, and a demand for personalized offerings. The competitive landscape features intense rivalry, with companies prioritizing innovation, strategic partnerships, and regional expansion to enhance their market positions.

AppWizard

March 4, 2025

Jon Bellamy replaces Phil Mansell as Jagex CEO

Jagex has appointed Jon Bellamy as its new CEO, succeeding Phil Mansell, who led the company since 2017. Bellamy previously worked at Jagex from 2015 to 2018 and has held positions at London Venture Partners and Huuuge Games. He has also been a board member at Jagex since October 2024. Mansell reflected on his 14 years with RuneScape and expressed confidence in Bellamy's leadership.

Winsage

February 18, 2025

Windows Mobile Pos Terminal Market Size by Application, Type, Geographic Scope, and Forecast 2025-2032

The global Windows Mobile POS Terminal market is expected to grow significantly from 2025 to 2032, driven by the rise of mobile payment systems, digital transactions, and technological advancements. Key factors include the demand for flexible payment options in retail and hospitality, the increase in e-commerce and contactless payments, and ongoing innovations in security and software. Challenges such as high initial costs, regulatory complexities, supply chain disruptions, and market saturation in developed regions may hinder growth. Emerging trends include the integration of AI, automation, and IoT, a focus on sustainability, and a demand for personalized offerings. The competitive landscape features intense rivalry among key players, with a focus on product innovation and regional expansion, particularly in North America, Europe, and the rapidly growing Asia-Pacific region. Emerging markets in Latin America and the Middle East & Africa show potential for growth, despite facing economic and regulatory challenges.

AppWizard

February 12, 2025

Kotick: EA’s Riccitiello was “worst CEO” in games

Bobby Kotick, the former CEO of Activision Blizzard, referred to John Riccitiello, the former CEO of Electronic Arts, as the "worst CEO" in the gaming sector during an episode of the Grit show. Kotick mentioned that there had been multiple discussions about potential mergers between EA and Activision Blizzard, noting that EA had attempted to buy Activision Blizzard several times. He acknowledged that EA's business model was sometimes stronger than that of Activision Blizzard. Riccitiello joined EA in 1997 as president and COO, returned as CEO in 2007, and left in 2013 after poor financial results. He later became the CEO of Unity and departed in 2023 amid controversy. Riccitiello made provocative comments about developers in an interview, contributing to his polarizing reputation in the industry.