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      Canva’s Affinity acquisition is a subscription-based weapon against Adobe

      news.movim.eu / ArsTechnica · Wednesday, 27 March - 19:27

    Affinity's photo editor.

    Enlarge / Affinity's photo editor. (credit: Canva )

    Online graphic design platform provider Canva announced its acquisition of Affinity on Tuesday. The purchase adds tools for creative professionals to the Australian startup's repertoire, presenting competition for today's digital design stronghold, Adobe.

    The companies didn't provide specifics about the deal, but Cliff Obrecht, Canva's co-founder and COO, told Bloomberg that it consists of cash and stock and is worth "several hundred million pounds."

    Canva, which debuted in 2013, has made numerous acquisitions to date, including Flourish, Kaleido, and Pixabay, but its purchase of Affinity is its biggest yet—by both price and headcount (90). Affinity CEO Ashley Hewson said via a YouTube video that Canva approached Affinity about a potential deal two months ago.

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      Nvidia wants to buy CPU designer Arm—Qualcomm is not happy about it

      Jim Salter · news.movim.eu / ArsTechnica · Friday, 12 February, 2021 - 22:26 · 1 minute

    Some current Arm licensees view the proposed acquisition as highly toxic.

    Enlarge / Some current Arm licensees view the proposed acquisition as highly toxic. (credit: Aurich Lawson / Nvidia)

    In September 2020, Nvidia announced its intention to buy Arm, the license holder for the CPU technology that powers the vast majority of mobile and high-powered embedded systems around the world.

    Nvidia's proposed deal would acquire Arm from Japanese conglomerate SoftBank for $40 billion—a number which is difficult to put into perspective. Forty billion dollars would represent one of the largest tech acquisitions of all time, but 40 Instagrams or so doesn't seem like that much to pay for control of the architecture supporting every well-known smartphone in the world, plus a staggering array of embedded controllers, network routers, automobiles, and other devices.

    Today’s Arm doesn’t sell hardware

    Arm's business model is fairly unusual in the hardware space, particularly from a consumer or small business perspective. Arm's customers—including hardware giants such as Apple, Qualcomm, and Samsung—aren't buying CPUs the way you'd buy an Intel Xeon or AMD Ryzen. Instead, they're purchasing the license to design and/or manufacture CPUs based on Arm's intellectual property. This typically means selecting one or more reference core designs, putting several of them in one system on chip (SoC), and tying them all together with the necessary cache and other peripherals.

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      Salesforce acquires Slack for $27.7 billion

      Samuel Axon · news.movim.eu / ArsTechnica · Tuesday, 1 December, 2020 - 22:37

    Slack is evaporating into the Salesforce cloud, you could say.

    Enlarge / Slack is evaporating into the Salesforce cloud, you could say. (credit: Aurich Lawson)

    Salesforce, a cloud-services company that targets businesses, has announced that it will acquire workplace communication service Slack for $27.7 billion. The announcement follows a week of rumors and a steep bump in Slack's value on the stock market in anticipation of the deal being made official.

    Neither company has yet announced in any detail what this will mean for users and customers. Salesforce is sure to include Slack in some of its broader bundles an to more tightly integrate it with its other software services "Slack will be deeply integrated into every Salesforce Cloud," and will become "the new interface for Salesforce Customer 360," the press release says.

    But anything else beyond that is speculation at this point. New features and development priorities or adjusted pricing models are possibilities, but we also don't yet know when any user-relevant changes related to this acquisition will actually take place, either.

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