Latest Corporate News News
HPE Acquires Juniper Networks for $14 Billion
Hewlett Packard Enterprise completed its $14 billion acquisition of Juniper Networks, enhancing AI infrastructure capabilities. The deal is part of a year-end surge in tech M&A exceeding $100 billion. This positions HPE for faster AI deployment amid competitive pressures.
AMD Purchases ZT Systems for $4.9 Billion
Advanced Micro Devices acquired ZT Systems for $4.9 billion to bolster AI and cloud infrastructure. The transaction reflects strategic bets on infrastructure over organic growth, which would take years. It signals increased M&A in AI sectors for 2026.
IBM Buys DataStax for $2.1 Billion
IBM acquired DataStax for $2.1 billion, focusing on data and AI integration capabilities. This mega-deal is among December's strategic moves totaling over $100 billion in tech acquisitions. It aims to accelerate cloud dominance in uncertain markets.
Stu Kedwell Named Global CIO at RBC Global Asset Management
Stu Kedwell, with nearly 30 years at RBC, will become global chief investment officer in January, replacing retiring Dan Chornous. This leadership change aims to steer RBC's asset management strategy. Kedwell's long tenure positions him for this key role.
Empire Company Appoints Pierre St-Laurent as President and CEO
Empire Company Limited named Pierre St-Laurent as president and CEO of the company and its subsidiary Sobeys. The appointment strengthens leadership in retail operations. It reflects ongoing executive reshuffles in the sector.
RealServus Names Bronwyn Smith as New CEO
Bronwyn Smith, former CEO of myAbode, assumed CEO duties at RealServus this week. Former president John Lusink transitions to vice-chair for strategic input. This change supports RealServus's growth objectives.
SolarBank Rebrands to PowerBank Corporation
SolarBank Corporation changed its name to PowerBank Corporation to reflect its expanded focus on power and energy solutions beyond solar. The rebranding highlights market opportunities in broader energy sectors. It positions the firm as a trusted energy provider.
Brothers International Acquires Food Partners
Rochester-based Brothers International Food Holdings acquired Florida's Food Partners, a citrus ingredient supplier. This is their third acquisition in four years, enhancing global fruit sourcing for food manufacturers. Leaders from both firms will continue in key roles.
Cross-Border M&A Hits $1.24 Trillion in 2025
Global cross-border M&A activity reached $1.24 trillion this year, the highest since 2021, driven by companies chasing scale. U.S. and UK firms were top targets, with U.S., France leading buyers. Mega-deals fueled the near-record volume.
Colliers Rebrands Investment Arm as Harrison Street Asset Management
Colliers rebranded its investment-management division to Harrison Street Asset Management (HSAM). Christopher Merrill becomes global CEO and major shareholder, with Zachary Michaud as managing partner and CFO. This integrates Harrison Street's expertise.
Starlight Investments Launches Infrastructure Division with New President
Starlight Investments appointed Kristopher Wojtecki as president of its new Starlight Infrastructure Solutions business line. The move expands into infrastructure investments. It aligns with growing sector opportunities.
Logistec Appoints Tex Howard as New CFO
Logistec named Tex Howard as its new chief financial officer. Howard brings finance expertise to support the company's operations. The appointment follows recent leadership transitions.