The grocery company Kroger is set to acquire smaller rival Albertsons for $24.6 billion, but the U.S. Federal Trade Commission and eight states said on Monday that they are suing to stop the merger, claiming it will drive up grocery prices for millions of Americans.   Legislators and...

Renesas Electronics of Japan announced on Thursday that it will acquire electronics design company Altium for $5.9 billion in cash. The acquisition comes as the automotive chipmaker strives to provide clients with digital device design services. Renesas is now at the vanguard of investment and...

In order to strengthen its artificial intelligence and hybrid cloud services, IBM announced on Monday that it will acquire Software AG's corporate integration platforms for 2.13 billion euros ($2.33 billion).   With cash on hand, IBM plans to purchase Software AG's StreamSets and webMethods...

In its largest-ever transaction, Cisco Systems has agreed to purchase cybersecurity company Splunk for nearly $28 billion in order to grow its software division and benefit from the surge in artificial intelligence.   The largest technology transaction of the year, the agreement will lessen...

IBM is close to finalising a deal to buy software company Apptio for around $5 billion. If successful, this acquisition would provide the computer giant stronger automation capabilities, according ot reports quoting sources with information on the matter.   Private equity firm Vista Equity...

The $1.7 billion acquisition of iRobot Corp. by Amazon.com Inc., the company that makes the Roomba vacuum cleaner, has been approved by Britain's antitrust watchdog.   The Competition and Markets Authority (CMA) declared that it had come to the conclusion that the deal wouldn't give...

People familiar with the situation said on Tuesday that industrial behemoth Emerson Electric  is in advanced talks to buy National Instruments Corp. in a deal that could value the manufacturer of measuring equipment at roughly $8 billion.   With an offer of around $60 per share for...

According to a UK watchdog, Microsoft's proposed acquisition of Activision Blizzard could significantly reduce competition in consoles, multi-game subscription services, and game streaming.   Microsoft wants to pay $68.7 billion for the maker of Overwatch, Candy Crush, and Call of Duty....

Amazon.com Inc will pay $1.7 billion in cash to purchase iRobot Corp, the developer of robot vacuum cleaners, in the latest attempt by the world's leading online retailer to widen its basket of smart home goods.   Amazon will pay $61 per share, valuing Roomba at a 22 per cent premium to its...

Merck & Co is in early talks to acquire cancer-focused biotech company Seagen Inc in a transaction worth $40 billion or more, according to the Wall Street Journal on Wednesday.   According to persons familiar with the situation, the businesses are contemplating a price for Seagen that is...

Pfizer Inc announced on Tuesday that it will pay $11.6 billion in cash for migraine medicine maker Biohaven Pharmaceutical Holding Company Ltd, as the drugmaker attempts to diversify its portfolio ahead of patent expirations for several cancer drugs.   Pfizer will acquire access to...