The billionaire Elon Musk’s acquisition of Twitter is the buzz of the town right now. The social media behemoth will soon be taken over by Tesla CEO Elon Musk, who is a frequent tweeter. As the tech industry waits to see what Elon Musk’s acquisition of Twitter means, here’s a look at some of the biggest tech acquisitions to date.
Biggest tech acquisitions
Microsoft buys Activision Blizzard (USD 68.7 billion)
In January 2022, Microsoft made the largest-ever tech acquisition. It paid $68.7 billion for gaming behemoth Activision Blizzard. ‘Call of Duty’ and ‘Warcraft’ are two of the most well-known games created by the gaming firm. Microsoft was able to up its game versus rival Sony.
Dell acquires EMC (USD 67 billion)
In 2015, Dell acquired network storage behemoth EMC. Dell rose to the top of the storage system seller rankings as a result of this acquisition. At the time, the tech acquisition deal was a world record.
Elon Musk buys Twitter (USD 44 billion)
The deal that is currently generating all of the attention has the third rank on the list of the most significant tech acquisitions of all time. Though it seems certain that the billionaire will purchase the tech behemoth, details such as Twitter’s future direction are yet to come out.
Avago Technologies acquires Broadcom (USD 37 billion)
Avago Technologies bought competitor chipmaker Broadcom for USD 37 billion in 2015. It was a stock and cash transaction.
AMD bought Xlinix (USD 35 billion)
In October 2020, AMD likewise purchased Xlinix, a competitor, for $35 billion.
IBM takes over RedHat (USD 34 billion)
In July 2019, IBM paid USD 34 billion for enterprise software giant Redhat. IBM made the transaction in order to expand its cloud services.
