ExxonMobil Acquires Denbury for $4.9 Billion, Boosting Carbon Emissions Reduction Efforts

ExxonMobil, one of the world’s largest energy companies, has announced its acquisition of Denbury, a carbon emissions solutions company, in a deal valued at $4.9 billion. The move is part of Exxon’s ongoing efforts to reduce its carbon emissions and support its energy transition plans. As Exxon aims to achieve net-zero emissions by 2050, the … Read more

Ubiquity Acquires EdgePresence

Ubiquity, a digital infrastructure investor based in Charlotte, NC, has acquired EdgePresence, a firm that specializes in the build-to-suit edge data center industry, supplying localized and scalable network compute solutions. The value of the transaction was not disclosed. Ubiquity’s offerings will be expanded as a result of the acquisition. Edge Data Centers (EDCs) from EdgePresence … Read more

Prologis Expands Industrial Portfolio with $3.1B Blackstone Acquisition as Market Cools

Prologis, the world’s largest industrial property company, has acquired nearly 14 million square feet of industrial properties from Blackstone, one of the world’s largest investment management companies, in a $3.1 billion deal. Despite a cooling industrial market, Prologis sees value in the acquisition, expanding its presence in key markets such as Atlanta, Baltimore, Washington, D.C., … Read more

Socure Acquires Berbix to Enhance Digital Identity Verification with Advanced Document Forensics

Socure, the leading provider of digital identity verification solutions, has acquired San Francisco-based startup Berbix in a cash and stock transaction valued at approximately $70 million. Berbix has developed a high-accuracy document verification solution with a patent-pending forensics engine capable of detecting spoofed IDs, including visually indistinguishable AI-generated fakes. The acquisition of Berbix marks Socure’s … Read more