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AI & Enterprise

Commvault reviews sale options after receiving bids

Data protection and recovery company Commvault is considering a sale after receiving multiple acquisition proposals, Reuters reported on April 14, citing sources. Commvault has hired Goldman Sachs as adviser and is reviewing its options. Private equity firms and strategic investors have shown interest, and Thoma Bravo has made an offer, the report said. Timing and size of bids were not disclosed. Commvault has a market value of about $3.5 billion.

AI & Enterprise

Nvidia denies rumours of buying major PC makers like Dell and HP

Nvidia denied a report that it had been in talks for more than a year to acquire a major PC maker such as Dell or HP. The rumour originated from a report by semiconductor-focused outlet SemiAccurate, which did not name a target but prompted market speculation about Lenovo, Dell, HP, Asus and Acer. Dell shares rose about 6.7 percent and HP shares gained more than 5.3 percent before giving back gains. Nvidia said it is not in acquisition discussions with any PC maker.

Games & Commerce

Kakao boosts cooperation with Supreme Prosecutors' Office to prevent voice phishing, supports 'Jjin Center' operations

Kakao said on Tuesday it is strengthening cooperation with South Korea’s Supreme Prosecutors' Office to counter voice phishing. The company linked the KakaoTalk channel for the Supreme Prosecutors' Office Jjin Center to a section in its customer centre warning about impersonation, to help users verify suspicious cases and report them. Kakao plans to introduce the channel’s content in Kakao Now, send prevention messages during peak periods and identify banned words used in crime.