➀ KKR & Co., a well-known American alternative asset management company, is considering making an acquisition offer for ASMPT Ltd., a Hong Kong-listed semiconductor and electronic equipment manufacturer with a market value of about $5 billion. ASMPT is known for its leading position in the semiconductor manufacturing equipment field. ➁ ASMPT's stock price surged 11.4% after the news of KKR's potential acquisition, reflecting the market's optimism about ASMPT's future development. ➂ ASMPT is a global leading technology and equipment supplier with products widely used in various products such as smartphones, cars, and chips. It has nearly 11,000 employees and operates in more than 30 countries.

➀ JCET has officially entered the storage industry by acquiring Shengdie Semiconductor; ➁ The acquisition will expand JCET' market share in the storage and computing electronics fields; ➂ Shengdie Semiconductor specializes in advanced flash memory storage product packaging and testing, with products used in various industries; ➃ JCET is one of the world's top three packaging and testing companies with a range of packaging technologies.

1. Intel's shares may surge due to Qualcomm's interest in a potential acquisition; 2. Intel's low valuation and strategic fit with Qualcomm's product portfolio make it an attractive target; 3. A merger would be transformative for Intel, but regulatory hurdles and the risk of no deal remain significant concerns.

➀ Corsair has finalized the acquisition of racing simulation company Fanatec; ➁ Fanatec's products, including force-feedback steering wheels, pedals, and shifters, will now be under Corsair's ownership; ➂ Corsair plans to invest significantly in the Fanatec brand and its products.

➀ Saber Interactive's plan to acquire 4A Games and Zen Studios from Embracer Group has been cancelled; ➁ Saber CEO Matt Karch confirmed the change in intention; ➂ Embracer Group has received $168.4 million for the early sale of Saber Interactive and more payments are expected.

1. Verizon Communications' acquisition of Frontier Communications Parent aims to expand its fiber network and generate significant synergies; 2. Frontier Communications has seen growth in fiber broadband customers and ARPU, despite challenges with declining revenues and profits; 3. The success of the acquisition depends on Verizon's ability to capture synergies, reduce interest expenses, and leverage cross-selling opportunities.

1. Shift4 Payments reported revenue of $827M in Q2 2024, a 30% year-over-year growth; 2. The company continues to grow organically through international expansion and partnerships; 3. The stock is trading at a low EV/EBITDA and FCF multiple, indicating a good value.

➀ Nvidia has accelerated its acquisition strategy, buying one AI and data center-related company per month over the past four months. ➁ Key acquisitions include Run:ai, Deci, Shoreline, and Brev.dev, enhancing Nvidia's technical capabilities in these areas. ➂ Nvidia's acquisitions are part of a broader trend over the past five years, with 13 successful acquisitions since the 69 billion dollar Mellanox deal. ➃ The company focuses on end-to-end solutions, acquiring firms in communication network technology, object storage software, and data center management software to enhance its B2B offerings. ➄ Nvidia aims to become a platform-type enterprise by expanding into model miniaturization, deep learning development platforms, metaverse, and autonomous driving through acquisitions.

➀ Google acquires Character.AI's founder and core team in a non-traditional 'acqui-hire' deal, valuing the company at $2.5 billion. ➁ Character.AI struggled with funding and failed to secure new investments, leading to its acquisition by Google. ➂ The founders, who once left Google due to bureaucratic issues, return to the company, highlighting the cyclical nature of the tech industry.

➀ AMD is set to acquire ZT Systems, a server manufacturer, for $4.9 billion. ➁ The acquisition aims to streamline AMD's process of developing, testing, and selling GPUs for AI systems. ➂ AMD plans to spin off its server manufacturing business and retain about 1,000 of ZT's 2,500 employees.

➀ AMD announces a $490 million acquisition of ZT Systems, a leading AI infrastructure provider. ➁ The deal includes 75% cash and 25% stock payment. ➂ ZT Systems, with annual revenue of about $10 billion, will complement AMD's AI capabilities. ➃ AMD plans to retain about 1000 engineers from ZT Systems. ➄ The acquisition is expected to close in the first half of 2025, subject to regulatory approvals.

1. First Trust Specialty Finance and Financial Opportunities Fund is set to be acquired by abrdn Total Dynamic Dividend Fund, but the process is taking longer than expected due to difficulties in obtaining shareholder approval. 2. The acquisition will significantly change FGB's underlying portfolio, moving from a focus on BDCs to a more diversified global fund. 3. Currently, the acquisition does not seem beneficial for FGB shareholders in terms of valuation, as AOD trades at a wider discount.

1. Devon Energy's shares have significantly dropped since October 2022 but are currently trading at a low valuation with a high free cash flow yield. 2. The acquisition of Grayson Mill assets is expected to enhance DVN's production and financial performance, making it one of the largest domestic onshore upstream producers. 3. Despite risks including political and competitive pressures, DVN's valuation and strategic moves make it an attractive investment opportunity.

1. Warner Bros. has acquired Player First Games, the developer of the platform fighter game MultiVersus. 2. The acquisition comes despite mixed responses and a significant drop in player numbers since the game's relaunch. 3. Tony Huynh, co-founder of Player First Games, expressed excitement about the integration with Warner Bros. Games, hoping it will enhance the MultiVersus experience.

❶ AMD has announced the acquisition of Silo AI, a Finnish AI company, for $665 million. ❷ This move aims to enhance AMD's AI solution capabilities by integrating Silo AI's expertise in enterprise AI integration. ❸ The deal is expected to be finalized later this year.

1. Honeywell is acquiring CAES Systems Holdings for $1.9 billion in an all-cash transaction. 2. The acquisition aims to enhance Honeywell's defense technology solutions. 3. CAES will add approximately 2,200 employees and significant RF engineering talent to Honeywell.

1. Allegro MicroSystems has completed the acquisition of Crocus Technology for $420 million, enhancing its TMR sensing technology capabilities. 2. The acquisition is expected to strengthen Allegro's position in the magnetic sensing market and drive broader adoption of TMR technology. 3. Funding for the acquisition was secured through a combination of cash on hand and a new seven-year $250 million senior secured term loan.