TMT

Xerox to acquire printer manufacturer Lexmark International for $1.5bn

The sellers are Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre.

Balmoral Funds snaps up steering technology provider R.H. Sheppard Co Inc

The transaction encompasses the entire Sheppard business, including Sheppard’s branded products, production equipment, sales and service companies, and interests in joint ventures relating to sales and production.

Halifax invests in industrial automation software firm Q-mation

Q-mation CEO Bob D’Agostino and the company’s founders will invest alongside Halifax, and existing management will continue to lead the business.

Bluestone invests in federal cybersecurity firm Valiant Solutions

Concurrent with the investment, George Wilson and Tom Weston have joined the leadership team while Valiant founder Matt Raydo will remain with the company to lead business development efforts.

Data center deals driven by demand for AI, with Blackstone among the bullish

Blackstone is 'positioning itself to be the largest financial investor in AI infrastructure in the world,' said Stephen Schwarzman.