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Layer 2 blockchain Optimism sells 116M tokens worth $157M to seven buyers in a “private” sale, after airdropping 19.4M tokens to 31K+ users earlier this week (Oliver Knight/CoinDesk) 21-09-2023

Oliver Knight / CoinDesk: Layer 2 blockchain Optimism sells 116M tokens worth $157M to seven buyers in a “private” sale, after airdropping 19.4M tokens to 31K+ users earlier this week  —  The token sale was described as a “planned event.”  —  The foundation behind layer2 blockchain Optimism … Lees verder op Tech Meme

Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk's September 20 closing price, in a deal valued at ~$28B (Molly Schuetz/Bloomberg) 21-09-2023

Molly Schuetz / Bloomberg: Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk’s September 20 closing price, in a deal valued at ~$28B  —  Cisco will pay $157 a share in cash, the companies said in a statement Thursday.  That represents a 31% premium to Splunk’s previous closing price on Wednesday. Lees verder op Tech Meme

After recent IPOs, Arm and Instacart fall by 20%+ from their highs; Arm closed at $52.91 on September 20, down 4% on its offer price, while Instacart was flat (Financial Times) 21-09-2023

Financial Times: After recent IPOs, Arm and Instacart fall by 20%+ from their highs; Arm closed at $52.91 on September 20, down 4% on its offer price, while Instacart was flat  —  Newly listed tech companies soared in their public debuts but have fallen quickly from those highs Lees verder op Tech Meme

The Biden administration awards $238M via the Defense Department to set up eight chip research hubs, one of the earliest releases of the nearly $53B CHIPS Act (Ana Swanson/New York Times) 21-09-2023

Ana Swanson / New York Times: The Biden administration awards $238M via the Defense Department to set up eight chip research hubs, one of the earliest releases of the nearly $53B CHIPS Act  —  The $238 million in grants will set up eight research hubs, as a small slice of the federal money that will go to chip companies and research facilities in the coming months. Lees verder op Tech Meme

Korean game publisher Krafton says Dead Space developer Striking Distance's CEO Glen Schofield, COO, and CFO are leaving, months after its new game flopped (Jason Schreier/Bloomberg) 21-09-2023

Jason Schreier / Bloomberg: Korean game publisher Krafton says Dead Space developer Striking Distance’s CEO Glen Schofield, COO, and CFO are leaving, months after its new game flopped  —  Video-game developer Striking Distance Studios, a subsidiary of Korean publisher Krafton Inc., is appointing new management several months … Lees verder op Tech Meme

Japanese chipmaking equipment maker Kokusai Electric plans to raise ~$750M in an IPO on October 25 in Tokyo at a ~$2.95B valuation, pricing shares at ~$12.78 (Reuters) 21-09-2023

Reuters: Japanese chipmaking equipment maker Kokusai Electric plans to raise ~$750M in an IPO on October 25 in Tokyo at a ~$2.95B valuation, pricing shares at ~$12.78  —  Chipmaking equipment maker Kokusai Electric said on Thursday it plans to list on the Tokyo Stock Exchange on Oct. 25 … Lees verder op Tech Meme