🌐 $4.9B Internet Infrastructure Acquisition. $200M+ VC Funding.
Daily Impact Deals #162 looks at major deals and M&A in impact industries and upcoming economic releases.
Aloha 🌺
📈 Today's Global Economic Update: U.S. retail sales increased by 1% in July 2024, the largest increase since January 2023, driven by a 3.6% rise in motor vehicle and parts sales.
🌐 Deal of the Day: AMD, a California-based semiconductor company has signed a definitive agreement to acquire ZT Systems, hyperscale cloud & internet infrastructure providers for $4.9B.
What's New?
📚 Education. Learning tool
🌍 Climate. Electrolysis technology and renewable energy
💻 Technology. Cloud & internet infrastructure
📅 Economics. Euro area inflation, US GDP, personal income & spending+ more
📚 Education
🎓 Learnster, a Swedish learning platform, raised $2.9M from Creades and Alfvén & Didrikson to expand their platform's capabilities and broaden their market reach.
🌍 Climate
🌱 Continuum Green Energy, an Indian renewable energy company, has raised $150M in equity funding from Just Climate.
💧 Power to Hydrogen, an Ohio-based company specializing in advanced electrolysis technologies, raised an $18M Series A from Rev1 Ventures and Worthington Enterprises to expand operations.
💻 Technology
🌐 AMD, a California-based semiconductor company has signed a definitive agreement to acquire ZT Systems, hyperscale cloud & internet infrastructure providers for $4.9B.
📅 Economic Calendar
Euro Area Inflation, US GDP, Personal Income & Spending + More
Tuesday, August 20th 2024
🇨🇦 Canada Inflation Data, July
🇯🇵 Japan Balance of Trade, July
Wednesday, August 21st 2024
Thursday, August 22nd 2024
🇩🇪 Germany HCOB Manufacturing PMI (Flash), August
🇯🇵 Japan Inflation Data, July
Monday, August 26th 2024
🇩🇪 Germany Ifo Business Climate, August
🇺🇸 US Durable Goods Orders Data, July
Tuesday, August 27th 2024
🇦🇺 Australia Monthly CPI Indicator, July
Wednesday, August 28th 2024
🇩🇪 Germany GfK Consumer Confidence, September
Thursday, August 29th 2024
🇩🇪 Germany Inflation Data (Preliminary), August
🇺🇸 US GDP Growth Data, Q2
Friday, August 30th 2024
🇯🇵 Japan Consumer Confidence Index, August
🇫🇷 France Inflation Data (Preliminary), August
🇪🇦 Euro Area Inflation Data Flash, August
🇮🇹 Italy Inflation Data (Preliminary), July
🇮🇳 India GDP Growth Data, Q2
🇨🇦 Canada Growth Data, Q2
🇺🇸 US Core PCE Price Index, July
🇺🇸 US Personal Income & Spending Data, July
🇨🇳 China NBS Manufacturing PMI, August
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