Latest Corporate News News
Nvidia Acquires Groq Assets for Record $20 Billion
NVIDIA Corporation has agreed to buy key assets and technology from AI chip startup Groq for $20 billion in cash, its largest deal ever, focusing on high-speed AI inference tech. Groq founder Jonathan Ross joins Nvidia, while Groq continues independently with cloud services.
This surpasses Nvidia's prior $7B Mellanox acquisition and bolsters its AI dominance.
Sanofi to Acquire Dynavax Technologies for $2.2 Billion
Sanofi announced an all-cash acquisition of Dynavax Technologies valued at $2.2 billion, adding HEPLISAV-B hepatitis B vaccine and a shingles candidate to its portfolio. Dynavax shares surged on the news.
The deal enhances Sanofi's global vaccine offerings.
Trump Media ($DJT) Merges with TAE Technologies in $6B Deal
Trump Media agreed to an all-stock merger with fusion energy firm TAE Technologies, valued over $6 billion, creating a public fusion company targeting carbon-free power. Plans include a utility-scale plant in 2026.
The deal drew significant investor attention.
Netflix Wins Bid for Warner Bros. Discovery at $82.7B
Netflix entered exclusive talks to acquire Warner Bros. Discovery's studio and streaming business for $82.7 billion enterprise value after prevailing in a bidding war. Bids came from Paramount Skydance, Comcast, and others by November 2025.
The deal prices post-split shares at $27.75.
Paramount Skydance Launches Hostile $108B Bid for WBD
Paramount Skydance made a hostile all-cash takeover bid for Warner Bros. Discovery at $30 per share, totaling $108.4B enterprise value. Backed by Ellison family and investors, it includes $54B debt.
Reports suggest a potential raise to $33/share amid Netflix competition.