๐ $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 ๐บ
๐ 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.
๐ 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?
๐ Education. Learning tool
๐ Climate. Electrolysis technology and renewable energy
๐ป Technology. Cloud & internet infrastructure
๐
Economics. Euro area inflation, US GDP, personal income & spending+ more
๐ Education
๐ Learnster, a Swedish learning platform, raised $2.9M from Creades and Alfvรฉn & Didrikson to expand their platform's capabilities and broaden their market reach.
๐ Climate
๐ฑ Continuum Green Energy, an Indian renewable energy company, has raised $150M in equity funding from Just Climate.
๐ง 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.
๐ป Technology
๐ AMD, a California-based semiconductor company has signed a definitive agreement to acquire ZT Systems, hyperscale cloud & internet infrastructure providers for $4.9B.
๐ Economic Calendar
Euro Area Inflation, US GDP, Personal Income & Spending + More
Tuesday, August 20th 2024
๐จ๐ฆ Canada Inflation Data, July
๐ฏ๐ต Japan Balance of Trade, July
Wednesday, August 21st 2024
Thursday, August 22nd 2024
๐ฉ๐ช Germany HCOB Manufacturing PMI (Flash), August
๐ฏ๐ต Japan Inflation Data, July
Monday, August 26th 2024
๐ฉ๐ช Germany Ifo Business Climate, August
๐บ๐ธ US Durable Goods Orders Data, July
Tuesday, August 27th 2024
๐ฆ๐บ Australia Monthly CPI Indicator, July
Wednesday, August 28th 2024
๐ฉ๐ช Germany GfK Consumer Confidence, September
Thursday, August 29th 2024
๐ฉ๐ช Germany Inflation Data (Preliminary), August
๐บ๐ธ US GDP Growth Data, Q2
Friday, August 30th 2024
๐ฏ๐ต Japan Consumer Confidence Index, August
๐ซ๐ท France Inflation Data (Preliminary), August
๐ช๐ฆ Euro Area Inflation Data Flash, August
๐ฎ๐น Italy Inflation Data (Preliminary), July
๐ฎ๐ณ India GDP Growth Data, Q2
๐จ๐ฆ Canada Growth Data, Q2
๐บ๐ธ US Core PCE Price Index, July
๐บ๐ธ US Personal Income & Spending Data, July
๐จ๐ณ China NBS Manufacturing PMI, August
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