Digital Virgo said Thursday that it is going public through a merger with a blank-check company Goal Acquisitions Corp in a deal that values the French mobile payments platform at $513 million. Goal Acquisitions Corp is a blank-check company founded by high-profile […]
Opn, a Japanese unicorn startup and digital payments processor, has acquired Alpharetta, Georgia-based tech startup MerchantE from U.S. investment firm Integrum Holdings to make inroads into the U.S. online payment market. The total amount of the transaction was not disclosed, but a […]
After a daily barrage of news in the past five days over the collapse of the crypto market, we finally have some good news to share. Today, Thomson Reuters announced Friday it has acquired SurePrep, a 1040 tax automation software provider […]
German automaker Volkswagen AG is selling its WeShare car-sharing business to German tech startup Miles Mobility GmbH. The sale is part of the effort by Europe’s biggest automaker to pull back from what has largely been known as an unprofitable sector. […]
Google has acquired Alter, an AI avatar startup and the maker of the app that lets people create their own virtual avatars. The transaction was completed about two months ago but the news of the acquisition first became public. A Google spokesperson confirmed […]
Intel’s self-driving technology unit Mobileye finally made its debut on the Nasdaq stock exchange after many months of turbulence. Shares of Mobileye Global opened for trading at $26.71, after the company priced its initial public offering (IPO) at $21 late Tuesday. Its shares later jumped by […]
Facebook parent company Meta finally admits defeat after many months of antitrust battle that led Britain’s competition regulator to block the $400 Giphy deal. The UK Competition and Markets Authority (CMA) issued its final verdict on Tuesday ordering Meta to sell its animated […]
Billionaire rapper and fashion designer Kanye West has agreed to buy the Twitter alternative and the free-speech social media platform, Parler. The total amount of the deal was not disclosed. On Monday, Parlement Technologies, the company behind Parler, said it […]
Cariad, a software unit of German automaker Volkswagen, announced today it is acquiring a 60% stake in China’s AI chips maker Horizon Robotics for $2 billion as the company aims to tackle two big challenges: software and the Chinese market. Horizon Robotics, a […]
Do you know how much musicians actually make from their music? According to some data, an average working musician in the United States earns $35,300 in annual gross revenue from their music career. Data from “Spotify’s Year in Music” also shows how […]
Audio-streaming giant Spotify has acquired Kinzen, an Irish media tech startup founded by former RTÉ journalist Mark Little and Áine Kerr, a one-time political reporter with the Irish Independent. The terms of the deal were not disclosed. The deal is the […]
South Korean internet giant Naver Corp has agreed to acquire the popular online fashion marketplace Poshmark in a deal valued at $1.2 billion. Poshmark is a popular secondhand retailer and the largest fashion consumer-to-consumer platform in North America. Popular among Millennial and […]
In August, we covered Prosus after the Amsterdam-based Prosus made its biggest-ever bet in the Indian tech space with a $4.7 billion acquisition of payments fintech startup BillDesk, making it one of the biggest players in the country’s fast-growing fintech […]
Sam Bankman Fried-owned crypto exchange FTX is set to buy Voyager Digital’s assets after winning a bankruptcy auction. The embattled Voyager Digital said announced that FTX has won its assets in a $1.42-billion bid at an auction. FTX’s bid was valued at nearly […]
Activist hedge fund Starboard Value LP has acquired a 9% stake in Wix.com, an Israeli-based eCommerce company that helps small businesses build and operate websites. The dollar amount of the stake was not disclosed. According to a regulatory filing on Friday […]
The ongoing recession and market turmoil have done little to slow down merger and acquisition activities. This morning, Bloomberg just reported that Photoshop maker Adobe is nearing a deal to acquire online design tech startup Figma for $15 billion. Citing people with […]
Auto parts supplier Aptiv is acquiring an 85% stake in the Intercable unit as part of its push to expand into electric vehicle (EV) business. In an announcement on Tuesday, Aptiv said it has agreed to acquire an 85% equity stake in […]
In early August, Mobile marketing company AppLovin announced it was acquiring gaming giant Unity Software in a $17.54 billion all-stock deal. The enterprise value of the deal is $20 billion. But a little over a month later, the game developer said it’s giving […]
FTX Ventures, a multi-stage venture capital firm founded in 2022 by FTX CEO Sam Bankman-Fried, today announced it will acquire a 30% stake in New York-based global alternative investment firm SkyBridge Capital. The financial terms of the deal were not disclosed. […]
Amazon has acquired Cloostermans, a 138-year Belgian private company and maker of warehouse machinery and robotics, the retail giant announced Friday. The terms of the deal were not disclosed. The announcement comes less than a month after Amazon acquired the maker […]
