Mimecast, the e-mail security provider with its roots in South Africa, has rejected a buyout offer from Thoma Bravo-backed Proofpoint.
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Austria-based education technology start-up GoStudent has raised €300-million in a new round of funding led by Prosus.
Take-Two Interactive will acquire mobile game maker Zynga in a cash-and-stock deal at an enterprise value of nearly $12.7-billion.
Prosus CEO Bob van Dijk has purchased about $10-million of the company’s shares on the open market.
Investors have enjoyed world-beating returns for years by owning shares of trillion-dollar technology companies.
China’s tech stocks fell once again on Wednesday as firms backed by Tencent Holdings came under pressure after the firm pared investment in the sector for a second time in two weeks.
Apple on Monday became the first company to hit a $3-trillion stock market value, before ending the day a hair below that milestone.
MTN Group had a barnstorming 2021. The telecommunications group, despite its size, was the best performer among technology shares in South Africa last year.
Big Tech powered US stocks to a third straight winning year in 2021, as giants such as Apple and Microsoft continued to see strong demand.
Huawei has pledged to step up investment in software and digital power technology, seeking to overcome US sanctions that dragged sales to a fifth straight slump.