tech:

taffy

Kohlberg & Company Acquires Sabre

[Techtaffy Newsdesk]

Sabre has been acquired by affiliates of Kohlberg & Company, a private equity firm based in Mount Kisco, New York.

Sabre is a producer of highly-engineered products used for electric transmission and distribution, wireless communications, renewable energy, and government and defense infrastructure.

Lazard Middle Market acted as financial advisor to Sabre.

[Image Courtesy: Sabre]

Just in

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.