Posted On June 30, 2023

Which 10 tech giants have recently made notable acquisitions or partnerships to expand their technological capabilities?

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WJServer1120 >> Cryptocurrency , Internet , News , Social Media , Technology , Web Hosting >> Which 10 tech giants have recently made notable acquisitions or partnerships to expand their technological capabilities?

1. Microsoft: In 2020, Microsoft acquired ZeniMax Media, the parent company of popular video game publisher Bethesda Softworks. This acquisition expanded Microsoft’s presence in the gaming industry, enhancing their technological capabilities for gaming platforms.

2. Apple: In 2021, Apple acquired Xnor.ai, an AI startup specializing in on-device machine learning. This acquisition aims to improve Apple’s AI and machine learning capabilities for its products and services.

3. Google: In 2020, Google acquired Fitbit, a leading manufacturer of fitness wearables. This acquisition allows Google to expand its presence in the health and wellness market while leveraging Fitbit’s technology for its own devices and services.

4. Amazon: In 2021, Amazon announced its acquisition of MGM Studios for $8.45 billion. This acquisition strengthens Amazon’s content library for its streaming platform, Prime Video, and expands its capabilities in the entertainment industry.

5. Facebook: In 2019, Facebook acquired CTRL-labs, a startup working on neural interface technology. This acquisition aims to advance Facebook’s research in developing a brain-computer interface for controlling and interacting with digital devices.

6. IBM: In 2019, IBM completed its acquisition of Red Hat, a leading provider of open-source software solutions. This acquisition enhances IBM’s capabilities in cloud computing and strengthens its position in the hybrid cloud market.

7. Intel: In 2020, Intel acquired Moovit, an Israeli-based startup specializing in public transportation and mobility solutions. This acquisition bolsters Intel’s autonomous driving capabilities and provides valuable data for its Mobileye subsidiary.

8. NVIDIA: In 2020, NVIDIA announced its acquisition of Arm Limited from SoftBank for $40 billion. This acquisition combines NVIDIA’s AI computing capabilities with Arm’s leading expertise in designing energy-efficient processors, enabling NVIDIA to expand its reach in the semiconductor industry.

9. Cisco: In 2021, Cisco acquired Acacia Communications, a leading provider of coherent optical interconnect technologies. This acquisition strengthens Cisco’s optical networking capabilities and enhances its offerings for data centers and cloud providers.

10. Qualcomm: In 2020, Qualcomm acquired NUVIA, a startup developing high-performance CPUs for the data center market. This acquisition expands Qualcomm’s presence in the server market and enables them to design their own processors for a wide range of devices.

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