Arm CEO says Nvidia merger better than going public

Arm CEO says Nvidia merger better than going public

Nvidia Corp’s proposed $40 billion acquisition of Arm would better support the creation of UK technology jobs than the SoftBank Group unit becoming a standalone public company once again, Arm’s chief executive said on Friday. “We contemplated an IPO...
Parexel to be acquired in $8.5bn private-equity deal

Parexel to be acquired in $8.5bn private-equity deal

Parexel has executed a definitive merger agreement, and will be acquired for $8.5 billion, the company announced today. Parexel, recently named “Best Contract Research Organization” by an independent panel for Informa Pharma Intelligence, will be acquired by EQT IX...