{"id":940435,"date":"2025-06-21T11:16:26","date_gmt":"2025-06-21T05:46:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=940435"},"modified":"2025-06-21T11:16:26","modified_gmt":"2025-06-21T05:46:26","slug":"ntt-secures-backing-for-16-3-billion-deal-to-take-over-ai-arm","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/21\/ntt-secures-backing-for-16-3-billion-deal-to-take-over-ai-arm\/","title":{"rendered":"NTT Secures Backing for $16.3 Billion Deal to Take Over AI Arm"},"content":{"rendered":"<p>(Bloomberg) &#8212; Nippon Telegraph and Telephone Corp. said it has secured enough bids to buy NTT Data Group Corp., with the deal worth \u00a52.37 trillion ($16.3 billion) expected to boost its AI ambitions and simplify the corporate structure.<\/p>\n<p>The Japanese company will start the settlement on June 26, it said in a statement Friday. NTT, which owns about 58% of NTT Data, had last month offered \u00a54,000 for every share it doesn\u2019t already own in the company with plans to take it private.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; Nippon Telegraph and Telephone Corp. said it has secured enough bids to buy NTT Data Group Corp., with the deal worth \u00a52.37 trillion ($16.3 billion) expected to boost its AI ambitions and simplify the corporate structure. The Japanese company will start the settlement on June 26, it said in a statement Friday. NTT, which owns about 58% of NTT Data, had last month offered \u00a54,000 for every share it doesn\u2019t already own in the company with plans to take it private.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-940435","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/940435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=940435"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/940435\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=940435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=940435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=940435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}