Uber Technologies Inc announced Thursday that its trucking unit is buying transportation logistics company Transplace for about $2.25 billion from private equity firm TPG Capital. The acquisition includes up to $750 million in Uber common stock and the remainder in cash, […]
Microsoft announced Wednesday that it’s acquiring CloudKnox, a California-based cloud security tech startup to protect enterprises’ critical cloud infrastructure from accidents and malicious insiders. The terms of the deal were not disclosed. The acquisition is part of Microsoft’s effort to shore up its security […]
We covered WeRide back in May after the Chinese driverless car startup raised millions of dollars in new funding that valued the company at a $3.3 billion valuation, making it a member of the global unicorn club. With millions in the war […]
We last covered Volocopter back in September 2020 after the German flying taxi startup partnered with logistics group DB Schenker. The two companies teamed up together to deploy Volocopter’s heavy-lift drones, in a project that will gather vital practical flying experience […]
Yes Lender, a King Of Prussia, Pennsylvania-based fintech startup today announced it has acquired Edge Funder to create an AI-powered funding portal for small businesses. The total amount of the transaction was not disclosed. The New York-based Edge Funder is an invite-only platform that provides […]
Smartless, the podcast hosted by three friends Jason Bateman, Will Arnett, and Sean Hayes, has been acquired by Amazon and Wondery (a podcast network owned by Amazon Music), according to a report from Deadline. Even though the exact amount of […]
The red-hot video gaming industry continues to grow with no sign of slowing down. However, we’re beginning to see some consolidation in the space as big players acquired smaller gaming companies. No sector of the market is consolidating faster or […]
Amazon Web Services (AWS), a cloud-computing business of Amazon, announced Friday it has acquired Wickr, a secure and encrypted messaging platform used by government agencies and enterprises. The terms of the deal weren’t disclosed. The announcement comes as part of […]
Visa announced Thursday that it is acquiring Swedish financial tech startup Tink for $2.1 billion (1.8 billion euros) which includes cash and retention incentives. The deal will help bolster the payment giant’s digital ambitions. The announcement comes after Visa abandoned the bid to buy […]
Thanks to vaccines, the economy is booming again and consumer spending is at a record high as more people leave home to buy services they were unable to buy during the lockdowns. The delivery space has also seen a big increase in […]
Less than three months after acquiring live audio app Locker Room maker Betty Labs to take on Clubhouse, Spotify has snapped up another tech startup in the podcast space. Yesterday, the Stockholm, Sweden-based Spotify announced it has acquired Podz, a tech […]
It’s been over two years since we wrote about Pegasus Tech Ventures (“Pegasus”), a global venture capital firm managing over $1.5 Billion in assets. The last time we wrote about Pegasus, the Silicon Valley-based firm became the first firm to launch the Venture Capital-as-a-Service […]
E-commerce giant Etsy announced Wednesday that it is buying Gen-Z-focused fashion reseller Depop for $1.63 billion as part of its effort to attract younger shoppers. Depop is a U.K.-based second-hand fashion marketplace app that caters to a younger audience. Founded in 2011 […]
Yesterday, we reported that Amazon was nearing a deal to acquire Hollywood studio MGM Holdings in a deal that valued the co-owner of the James Bond franchise and other film and TV series, for between $8.5 billion and $9 billion, according […]
Amazon is nearing a deal to acquire Hollywood studio MGM Holdings in a deal that valued the co-owner of the James Bond franchise and other film and TV series, for between $8.5 billion and $9 billion, according to several published reports. The deal […]
Zip Co (formerly known as ZipMoney), a Sydney, Australia-based financial technology company, announced today it has acquired acquire Twisto, a Prague-based payments startup and a provider of “Buy Now Pay Later” (“BNPL”) service. In addition, Zip also it has acquired the remaining […]
Snap announced Friday it is acquiring WaveOptics Ltd, a British augmented reality (AR) technology startup, for over $500 million. The news, which was first reported by The Verge, was later confirmed by a Snap spokesman, The acquisition will give the parent […]
Early this month, Verizon announced it was selling Yahoo (including TechCrunch) and other media assets to private equity firm Apollo for $5 billion. The sale will see online media brands under the former Yahoo and AOL umbrellas like TechCrunch, Yahoo Finance and […]
In June of last year, Just Eat Takeaway and Delivery Hero were reportedly in talks to acquire the U.S.-based food delivery startup Grubhub with Bank of America working as an adviser for the deal. Now, it seems the deal is back […]
Global Payments, an Atlanta-based provider of payment technology and software solutions, announced it has reached an agreement to acquire San Diego, California-based tech startup Zego from Vista Equity Partners in an all-cash transaction valued at $925 million, inclusive of a […]
