Zen

Zendesk stock soars after $10 billion buyout deal confirmed at a 34% premium

Shares of Zendesk Inc. ZEN, +1.29% soared 29.5% in premarket trading Friday, after the customer experience platform company confirmed a deal to be acquired by an investor group that includes Permira and Hellman & Friedman in an all-cash deal valued at about $10.2 billion. Under terms of the deal, the Permira and H&F will share …

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Zendesk shares soar 35% after report of buyout deal

Zendesk Inc. ZEN, +1.29% shares soared 35% to $78.36 in after-hours trading Thursday following a report from The Wall Street Journal that the company is close to a deal with a group of buyout firms. A deal with a group that includes Hellman & Friedman LLC and Permira could be struck in the coming days …

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AMD Ryzen 7000 CPUs Take on Intel with Up to 5.5GHz, PCIe 5

AMD Ryzen 7000Image: AMD When AMD’s 5-nanometer Ryzen 7000 desktop chips arrive this fall, they will be competing against Intel with “significantly above” 5GHz speeds, DDR5 memory, and PCIe 5.0 controllers. Speaking at Computex 2022, AMD CEO Lisa Su revealed today the company’s next generation of processors, based on 5nm Zen 4 architecture. We were …

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