EU

The EC awards a six-year, €180M sovereign cloud contract to four European providers as part of a push to reduce the EU's dependence on non-European tech

The EC awards a six-year, €180M sovereign cloud contract to four European providers as part of a push to reduce the EU's dependence on non-European tech

The European Commission on Friday awarded a 180 million euro ($212 million) tender for sovereign cloud services to four European providers …

Uber agrees to buy an additional 4.5% stake in German food delivery rival Delivery Hero from Prosus for ~€270M, which would bring Uber's total stake to ~7%

German delivery group's largest shareholder Prosus has agreed to reduce its stake over EU competition concerns

The EU grants Google unconditional antitrust approval for Google's $32B acquisition of cybersecurity startup Wiz, saying it does not raise competition concerns

Foo Yun Chee /Reuters:NEW

AWS launches European Sovereign Cloud, creating a new parent company for its sovereign cloud that will be locally controlled in the EU and run by EU citizens

Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee

Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma …

Sources: EU regulators are likely to approve Microsoft's $69B Activision Blizzard acquisition, satisfied by the company's Nintendo and Nvidia licensing deals

Sources: the EU is planning a “phase 2” antitrust investigation into Broadcom's $69B VMware acquisition, which could take well over a year and derail the deal

The EU approves Amazon's $6.5B MGM acquisition, saying the deal won't reduce competition as their production doesn't overlap and MGM content is not a must-have

The EU approves Meta's acquisition of Kustomer, announced in November 2020, after Meta pledged API access and access-parity for rival CRM software providers