We covered Elrond back in May after the creators of the internet-scale blockchain partnered with Holoride to introduce blockchain and NFTs for the world’s first immersive in-vehicle media platform. Since then, Elrond has grown exponentially and its blockchain network now scales beyond […]
Take-Two Interactive said Monday it is acquiring FarmVille game creator and mobile gaming company Zynga for $12.7 billion, marking it one of the largest acquisitions in the video game industry. In an announcement, Take-Two said the two companies have entered into a definitive agreement, under […]
Would you buy shoes or houses that don’t exist? If yes, how much would you be willing to pay? Now imagine if you have to sell these products in the metaverse for millions of dollars. That’s exactly what one NFT tech […]
The New York Times Company is buying sports site The Athletic for $550 million in an all-cash deal. The acquisition will enable The Times to diversify its media business into online sports and increase its readers’ subscriptions as the newspaper […]
With cybersecurity breaches at a record high, Google CEO Sundar Pichai announced last August 2021 the tech giant will invest $10 billion in cybersecurity over the next five years. As part of the multi-billion investment, Google announced yesterday it has acquired Israeli […]
Sinqia, a Brazilian fintech company that offers IT solutions to financial institutions, including banks, insurance companies, has acquired NewCon, a small tech startup and local developer of software for consortiums, in a transaction worth $74.73 million (422.5 million reais). The deal, which is Sinqia’s largest acquisition […]
Eight months after Microsoft acquired Nuance Communications for $16 billion, the European Commission (EU) on Tuesday granted Microsoft unconditional antitrust approval for artificial intelligence and speech technology company, according to a report from Reuters, citing a statement from the Commission. The deal has […]
Enterprise software giant Oracle is closing the year with the announcement of its biggest acquisition ever. Oracle said on Monday that it will buy electronic medical records company Cerner in an all-cash deal for approximately $28.3 billion in equity value (about $95 […]
London-based digital asset investing company CoinShares International has acquired French fintech Napoleon Crypto SAS and its social trading platform for $15.8 million (about 13.9 million euros), as the booming cryptocurrency market heats up. As part of the acquisition agreement, CoinShares said […]
Private equity firm Clearlake Capital has acquired IT management and security software startup Quest Software from Francisco Partners, according to a report from The Wall Street Journal, citing people familiar with the matter. The deal, which values Quest Software at […]
MarkLogic, a data integration company and provider of enterprise NoSQL database, announced today it has acquired San Jose, California-based tech startup Smartlogic. The financial terms of the deal were not disclosed. As part of the acquisition agreement, both companies will continue to conduct business […]
Late last year, we wrote about Tier Mobility after the Berlin, Germany-based e-scooter rental startup received a $250 million investment led by the Japanese giant SoftBank. The Series C funding round was also supported by additional funding existing investor Mubadala Capital alongside Northzone, Goodwater […]
AI-powered drone startup Citadel Defense announced today it has been acquired by BlueHalo, a mid-market defense innovation company backed by Arlington Capital Partners‘ $1.7B investment fund. The total amount of the deal was not disclosed. Citadel CEO Chris Williams told Tech Startups […]
Acacia Research Corp, a California-based tech company that partners with patent owners including inventors and universities to license patents that are infringed, has made a $790 million cash offer to acquire Comtech Telecommunications Corp, according to an exclusive report from Reuters, […]
mPharma, a Ghanaian health startup, announced today it has taken a controlling stake in another African tech startup Uganda’s Vine Pharmacy for an undisclosed amount, according to the news first reported by TechCrunch. The acquisition also marks the 8-year-old mPharma entry […]
Twitter continues its acquisition spree with the announcement that it had bought a chat app called Sphere, which was co-founded by British serial entrepreneur Nick D’Aloisio. The terms of the deal were not disclosed. But Sphere CEO D’Aloisio said, “everyone is happy.” As […]
PayPal is reportedly exploring the purchase of the digital pinboard site Pinterest Inc for $45 billion, according to multiple reports from Bloomberg and Reuters. Citing people familiar with the matter said on Wednesday, Reuters reported that San Jose, California-based PayPal has “recently approached” […]
Aristocrat Leisure, an Australian company that offers a range of products and support services to the gaming industry, is making billion-dollars bet to cash in from the American online gambling gold rush Today, Aristocrat Leisure announced that it would buy Playtech for 2.1 […]
SumUp, a London, England-based fintech startup and global payments service provider, has acquired San Francisco-based startup Fivestars for $317 million in a bid to expand its footprint in the U.S. and take on giants like PayPal and Square. The announcement comes six months after SumUp […]
Emerson Electric said today it has agreed to merge its software businesses with smaller rival Aspen Technology in a deal worth around $11 billion. Emerson said the merger will help boost its industrial automation business that caters to a swathe […]
