Accenture agrees to acquire UK AI startup Faculty, which works with the UK government, for an undisclosed sum; Faculty CEO Marc Warner will become Accenture CTO
Accenture Plc agreed to buy Faculty, a British artificial intelligence startup that's worked closely with the government …
A profile of Darktrace CEO Jill Popelka, who joined the British cyber security company in January 2024 and was at the helm when Thoma Bravo bought it for £4.3B
Anjli Raval / Financial Times :
Canva acquires Affinity, popular with Mac users for its photo editing and other tools, to take on Adobe, Canva's COO says for “several hundred million pounds”
- Australian unicorn buys British team behind Affinity art suite — Affinity offers alternative tools to Adobe's flagship products
BBC Studios buys British broadcaster ITV's 50% stake in streamer BritBox International for £255M, as ITV focuses on its ad-funded streaming service ITVX
Naman Ramachandran / Variety :
Sources: UK chip designer Graphcore explores a sale to foreign owners in a deal that could be worth $500M+; rumored buyers include OpenAI, SoftBank, and Arm
Report Andrew Davis / Bloomberg : UK's Graphcore Mulls Sale to Foreign Buyer, Telegraph Says Nausheen Thusoo / CoinGape : AI Pioneer Graphcore Mulls a Potential Foreign Sale After Struggling to be Pro...
Sources: UK chip designer Graphcore explores a sale to foreign owners in a deal that could be worth $500M+; rumored buyers include OpenAI, SoftBank, and Arm
Graphcore in talks with major tech companies after struggling to cash in on AI boom — The British microchip champion Graphcore …
ID management company Entrust acquires Onfido, a London-based provider of automated identity verification services, sources say for “well above” $400M
Entrust has entered into exclusive discussions to acquire Onfido. Alex Scroxton / ComputerWeekly.com : AI ID specialist Onfido in talks to be bought by Entrust Robert Scammell / UKTN : London ID scale...
Sources: Apple pays Arm under 30 cents per device to license Arm's IP, the lowest rate among Arm's smartphone customers; Apple accounts for <5% of Arm's sales
In 2017, SoftBank CEO Masayoshi Son gathered a group of executives from Arm Holdings, the British chip designer SoftBank had just bought …
Sources: the UK is seeking a buyer for the British arm of SVB, which had ~£7B in deposits on Friday, with an UAE-based company as the “lead white knight”
‘Lead white knight’ eyeing British arm of tech lender that had billions in deposits
A wave of foreign buyers are planning to acquire fast-growing British tech companies, including Micro Focus, Avast, and Darktrace, thanks to a weakened pound
A wave of foreign buyers is coming after British technology companies, threatening to rob the UK market of what little exposure it still has to high-growth assets. Tweets: @grahambsi Tweets: Graham Si...