Author: Nicholas Alan Clayton

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ACE Convergence Acquisition Corp. (ACE) to Combine with Achronix in $1.7Bn Deal

ACE Convergence Acquisition Corp. (NASDAQ:ACEV) announced this evening that it has entered into a definitive agreement to combine with Achronix Semiconductor Corporation for an implied enterprise value of $1.76 billion. Achronix is an microprocessor manufacturer specialized in field-programmable gate arrays (FPGAs) used in the hardware for 5G devices, artificial intelligence (AI) processors and data centers.
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Social Capital Hedosophia Holdings Corp. V (IPOE) to Combine with SoFi in $6.6Bn Deal

Social Capital Hedosophia V (NYSE:IPOE) announced today that it has entered into a definitive combination agreement with fintech platform SoFi that gives the combined entity an enterprise value of $6.6 billion. SoFi provides digital banking, investment and payments tools online and via an app with a  focus on home and personal loans as well as
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