Toshiba receives ¥2 tril acquisition offer from global fund

Toshiba receives ¥2 tril acquisition offer from global fund

Toshiba Corp says it is considering a preliminary acquisition proposal that would take the technology conglomerate private. Toshiba said Wednesday that it asked for more details on the proposal it received on Tuesday, was giving it “careful consideration” and would make an announcement “in due course.” Trading in the company’s shares was suspended. The major […]

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Tiger Global, SoftBank invest in cloud firm Redis Labs at $2b valuation

SoftBank Group Corp’s Vision Fund 2 and private equity firm Tiger Global Management have invested in Redis Labs, a real-time cloud analytics platform provider, in a late-stage funding round valuing the firm at over $2 billion. Existing investor TCV also participated in the round which raised $110 million, bringing the net amount so far to $347 million, […]

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