Technology Roundup – AWS pours cash into custom silicon, Vivo selling 1,909 towers

科技 AWS Vivo
Published on: November 28, 2019
Author: Amy Liu

AWS pours cash into custom silicon

  • Using technology from Arm Holdings (OTCPK:ARMHF), Amazon Web Services (NASDAQ:AMZN) has designed a second, more powerful generation of data center processor chip, Reuters reports.
  • Sources said it will be at least 20% faster than Amazon’s first Arm-based chip, named Graviton, which was released last year as a low-cost option for easier computing tasks.
  • If the efforts are successful, it could also lessen AWS’s reliance on Intel (NASDAQ:INTC) and Advanced Micro Devices (NASDAQ:AMD) for server chips.

DOJ ends wireless collusion investigation

  • The Justice Department has spent two years looking into whether AT&T (NYSE:T), Verizon (NYSE:VZ) and a trade association known as GSMA colluded over eSIM, which lets people remotely switch wireless providers without having to insert a new SIM card into a device.
  • At the heart of the probe was whether the nation’s largest wireless carriers, working with the standards body, used the technology to unfairly maintain their dominance.
  • The DOJ dropped its investigation after the parties agreed to change how they determine standards for eSIM, reducing competition concerns, while GSMA said the results had turned up no wrongdoing.

Apollo raises Tech Data offer to $145/share after rival bid

  • Apollo Global Management (NYSE:APO) raised its Tech Data (NASDAQ:TECD) takeover bid to $145/share up from $135/share, after Tech Data received a competing offer from another bidder.
  • The revised purchase price of $145/share represents a 30.2% premium to the closing share price ending Oct. 15, the last day prior to market M&A speculation.
  • The revised deal has an enterprise value of ~$6B.
  • Go-shop period expires on Dec. 9, 2019.

Vivo selling 1,909 towers to Telxius

  • Telefônica Brasil (NYSE:VIV) says in a filing that it has agreed to sell 1,909 towers to Telxius Torres Brasil (an indirect subsidiary of Spanish parent Telefónica (NYSE:TEF)).
  • That deal, intended to optimize capital allocation, comes for 641M reais in consideration (about $153M).
  • It ensures continuity in providing mobile service by including leasebacks, and establishes conditions for expanding rented space.
  • The transaction still needs approval from CADE, Brazil’s antitrust regulator.

Elliot reduces Citrix stake to 5.3M shares

  • Elliot Management reduced its Citrix Systems (NASDAQ:CTXS) common stock holding to 5.3M shares from 6.1M reported at the end of Sept. 30, 2019.
  • Its combined economic exposure is equivalent to 6.4M common shares, constituting ~4.9% of the common stock outstanding.