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Akzo Nobel, Axalta Deal Brushes Up Paint Industry

[ad_1] Dutch paint maker Akzo Nobel is splashing into US with plans to buy Philadelphia-based rival Axalta Coating Systems for roughly $9.2 billion in stock. The move will create the world’s second-largest coatings company, trailing only Cleveland-based Sherwin-Williams. The deal is part of a wave of consolidation that recently saw …

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Meta acquires AI device startup Limitless

[ad_1] Limitless, the AI startup formerly known as Rewind, has been acquired by Meta, the company announced Friday on its website. The company, which made an AI-powered pendant to record your conversations, says it will no longer sell its hardware devices and will maintain support for its existing customers for …

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