Redbox completed its business combination with special purpose acquisition company Seaport Global Acquisition to form the publicly traded Redbox Entertainment, said the streaming platform Friday. Redbox will use the $88 million in cash raised in the initial public offering transaction to pay down debt, it said. The stock began trading on the Nasdaq Monday under the RDBX ticker symbol. The shares closed 24% higher than their IPO price at $11.90. Apollo Global Management took Redbox private in 2016 when it was part of Outerwall (see 2012300041).

Akamai completed buying cybersecurity vendor Guardicore for $600 million cash (see 2109290020). Akamai will add Guardicore's “micro-segmentation” products to its portfolio of “zero trust” safeguards against ransomware attacks, it said Thursday.

Private equity firm Hellman & Friedman made a binding offer to buy NPD, said the companies in a joint announcement Tuesday. NPD Executive Chairman Tod Johnson and CEO Karyn Schoenbart would own a minority stake and keep their seats on the NPD board. The transaction is expected to close by the end of 2021, subject to a definitive sale agreement between H&F and NPD shareholders. Financial terms weren’t disclosed. “We expect H&F to continue our tradition of client partnership and innovation with new products, data sources, and next generation platforms to make our information even more comprehensive, accessible, and actionable,” said Schoenbart. H&F had more than $90 billion in assets "under management" through July 1, said the company. H&F “portfolio companies” include Advanstar, Nielsen, SimpliSafe and Young & Rubicam.

Contract manufacturer Flex agreed to buy power solutions specialist Anord Mardix from private equity firm Bertram Capital for $540 million cash, Flex said Monday. The acquisition, expected to close in Q4, expands Flex’s presence in the data center power market, it said. It’s in keeping with Flex’s recent strategy “to move toward higher margin opportunities in faster growing verticals,” and away from profit-poor consumer tech segments, said CEO Revathi Advaithi.

T-Mobile asked to formally reply to Dish Network Wednesday after Dish urged additional sanctions by the California Public Utilities Commission against the carrier in their dispute over T-Mobile’s imminent CDMA shutdown (see 2109210040). The satellite company opposed the carrier’s motion to strike Dish Executive Vice President-External and Legislative Affairs Jeff Blum’s testimony at a Sept. 20 hearing (see 2109210040). “T-Mobile is only digging itself deeper into the hole of its own misconduct,” said Dish’s Tuesday response via the email service list for docket A.18-07-011. The carrier’s motion “is based on crucial factual omissions, outright untruths, and violations of contractual and ethical obligations on the part of T-Mobile” and its outside counsel David Gelfand of Cleary Gottlieb, Dish said: T-Mobile used “a document that it had agreed not to use, and is prohibited by a court order from using, in order to misrepresent its contents.” Blum’s testimony was relevant since it rebutted a statement by T-Mobile Technology President Neville Ray, said Dish. T-Mobile wants to reply to matters “including DISH’s unfounded allegation that T-Mobile improperly used DISH’s confidential business plan and its request for sanctions,” wrote outside counsel Suzanne Toller of Davis Wright in a Wednesday email on the case’s service list. T-Mobile gave Dish's attorney, Anita Taff-Rice of iCommLaw, an exhibit list with the business plan five days beforehand, Toller said. At the hearing, Gelfand “flagged the confidentiality issue” and gave Dish a chance to take a position on it before questioning Blum in a closed setting, and Dish didn't object, she said. The CPUC should deny T-Mobile's request to reply because “the request is based on a number of false assertions and misrepresentations,” and since the carrier can respond in its post-hearing brief, Taff-Rice responded Thursday in the service list. She disagreed with Toller's description of confidential document handling and said Dish had objected to Gelfand's questioning. Post-hearing briefs are due Friday.

Brightcove is buying HapYak technology and marketing assets from K-12 instructional content platform Newsela, it said Thursday. The tech will let Brightcove users incorporate interactivity into video, including clickable hot spots, quizzes, shopping cart purchases, personalization, choose-your-own adventure paths, and various calls to action, such as buy now or subscribe, it said. The deal is expected to close in Q4.

Uber said Wednesday it completed its buy of Drizly, the e-commerce alcohol merchant, for $1.1 billion, 90% in stock. Uber will run Drizly as a stand-alone subsidiary, featuring the Drizly marketplace within the Uber Eats app, while maintaining a Drizly app and web presence, it said. It completed the transaction more than three months later than originally projected when Uber announced the deal in early February (see 2102020043).

Best Buy agreed to buy Current Health, a care-at-home technology platform that combines remote patient monitoring, telehealth and patient engagement for healthcare organizations, it said Tuesday. “The future of consumer technology is directly connected to the future of healthcare,” said Best Buy Health President Deborah Di Sanzo, saying the retailer has the expertise to help customers make technology work for them in their homes. Combining Current Health’s remote care management platform with Best Buy’s health products and services will allow it to create a “holistic care ecosystem” with quality care at low cost, she said. The platform integrates patient-reported data with data from biosensors -- including its own continuous monitoring wearable device -- to give healthcare organizations actionable, real-time insights into the patient’s condition, Best Buy said. Current Health CEO Christopher McCann cited Best Buy's reach, "world-class supply chain logistics" and support services that will allow the platform to provide a "high-touch consumer experience" at scale to help it move healthcare "into the home globally."

Eutelsat plans to increase its stake in OneWeb, from 17.6% to 22.9% in exchange for $165 million, it said Wednesday. It said the deal should close by year's end. Eutelsat CEO Rodolphe Belmer said OneWeb's progress in offering global service, "together with the vote of confidence demonstrated by the commitment of both its investors and future customers, makes us even more convinced of OneWeb’s right-to-win in the low earth orbit constellation segment.”

Marvell Technology completed its acquisition of Innovium, a provider of networking systems for cloud and edge data centers, said the buyer Tuesday. This lets Marvell compete in the fastest growing segment of the ethernet switching market with a "cloud-optimized solution,” it said. Marvell announced the $1.1 billion deal in August.