Korean tech giant Samsung Electronics has acquired Oxford Semantic Technologies, a UK-based startup specializing in advanced knowledge graph technology. This strategic move aims to enrich Samsung’s AI capabilities, enhancing user experiences across its ecosystem. By integrating this technology, Samsung plans to deliver hyper-personalized interactions through its products, including mobile devices, televisions, and home appliances.
This week, SoftBank announced the acquisition of UK-based AI chipmaker Graphcore, valued around $600 million. Known for its intelligence processing units, Graphcore’s technology competes with Nvidia’s but has faced commercialization challenges. SoftBank aims to rejuvenate Graphcore, leveraging the rising demand for advanced AI compute power.
AMD’s acquisition of Silo AI for $665 million boosts its AI capabilities and positions the semiconductor giant to better compete with industry leaders like Nvidia. By integrating Europe’s largest private AI lab, AMD aims to deliver cutting-edge AI solutions, enhancing enterprise offerings and leveraging robust VoIP models for improved communication systems.
Vodafone Portugal’s attempt to acquire Nowo Communications has been blocked by the country’s competition authority, citing concerns over competition and consumer harm. This prohibition underscores the competitive dynamics in Portugal’s telecommunications market, dominated by Meo, NOS, and Vodafone.
IBM has completed its acquisition of StreamSets and webMethods from Software AG for €2.13 billion. This acquisition significantly boosts IBM’s WatsonX AI and data platform by adding robust data ingestion and integration platform-as-a-service (iPaaS) functionalities. The move sets IBM to offer a cutting-edge application and data integration platform, focusing on hybrid cloud environments.
ClearlyIP, a leading provider of communication solutions, has acquired XCastLabs, a renowned hosted VoIP services leader. This strategic move aims to enhance ClearlyIP’s product offerings and communication solutions. XCastLabs’ clients will benefit greatly, gaining access to ClearlyIP’s advanced VoIP systems and comprehensive support, ensuring seamless and improved services.
Nokia has revealed its acquisition of Infinera, a California-based provider of optical transport networking solutions, for $2.3 billion. This strategic move aims to bolster Nokia’s presence in the North American optical networking market.
Accenture has announced its agreement to acquire Fibermind, an Italy-based network services company specializing in fibre, 5G network deployment, and infrastructure engineering. This acquisition aims to bolster Accenture’s capabilities and extend its network services to clients in telecoms, utilities, and transportation sectors.
Netomnia has merged with Brsk, forming the UK’s second-largest alternative network provider after CityFibre. This merger creates a network footprint of 1.5 million premises ready for service (RFS), aiming to reach 3 million by next year. Supported by £1.2 billion in debt funding, the merger combines complementary networks to enhance market position and service delivery, emphasizing expansion and innovation.
DZS, a leading developer of Network Edge, Connectivity, and Cloud Software solutions enabling broadband everywhere, has announced the successful completion of its acquisition of NetComm Wireless Pty Ltd. This acquisition marks a significant milestone for DZS, reinforcing its dedication to providing comprehensive connectivity solutions to communications service providers and enterprise customers.
