Kiyoshi Takenaka / Reuters:
Tokyo-based digital payments company Opn says it plans to acquire US payment processing provider MerchantE, sources say for approximately $400M — Digital payments processor Opn, a rare Japanese unicorn, or startup worth more than $1 billion, said on Tuesday it had acquired MerchantE …
Bloomberg:
An interview with the co-founder of Vietnamese unicorn VNG, which offers games and services like Zalo, a messaging app that had 74M+ MAUs in Vietnam in February — A Vietnamese internet startup that’s successfully defended its home market of 100 million people against global giants like Facebook is now going into attack mode.
Frederic Lardinois / TechCrunch:
IBM announces its Osprey quantum processor with 433 qubits, up from 127 qubits in the 2021 Eagle processor, and plans to hit 4,000 qubits by 2025 — IBM wants to scale up its quantum computers to over 4,000 qubits by 2025 — but we’re not quite there yet. For now, we have to make do with …
Abner Li / 9to5Google:
Intel says it will replace the Pentium and Celeron brands with Intel Processor, starting with notebooks in 2023 — While there are more and more premium Chrome OS devices, the category very much excels at the cheaper end of the market. When buying those Chromebooks next year …
Sam Byford / Reuters:
Japanese fabless SoC design company Socionext closes up 15.07% in its IPO debut, valuing it at ~$960M, in Tokyo’s biggest offering so far in 2022 — Making its market debut on Wednesday, Japan’s Socionext Inc (6526.T) bucked softening sentiment toward chips by surging 15% in Tokyo’s biggest initial public offering of the year so far.
Laura Cooper / Wall Street Journal:
PE firm Vista Equity Partners agrees to acquire Florida-based KnowBe4, which offers security awareness training and a simulated phishing platform, for $4.6B — Private-equity firm is close to agreeing to pay almost $25 a share to acquire KnowBe4 in rare leveraged buyout
Manish Singh / TechCrunch:
Google acquired Alter, an AI avatar startup that helps creators and brands express their virtual identity; source: the deal closed two months ago for ~$100M — Google has acquired Alter, an artificial intelligence (AI) avatar startup that helps creators and brands express their virtual identity …
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