Merger
Anonymous app Sidechat picks up rival Yik Yak…and users aren’t happy
Sidechat, the anonymous posting platform that began blowing up last year on college campuses, appears to have acquired a rival anonymous social platform, Yik Yak. While you may recall Yik Yak’s
Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B
Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software use
Amazon is buying Cloostermans, a mechatronics specialist in Belgium, to ramp up its robotics operations
Amazon has made a string of startup acquisitions over the years to build out its robotics business; now, the e-commerce leviathan is taking an interesting turn in that strategy as it expands its indus
Music streamer Deezer is going public via SPAC at a $1.1B valuation
A European music streamer, Deezer is going public via a SPAC deal, valuing the Spotify competitor at $1.1 billion. Deezer will merge with the “blank-check” company I2PO, which is headed by
Shared mobility company GoTo Global is going public through a shell company merger
GoTo Global, an Israeli mobility company that offers shared micromobility and car-sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange (TASE) through a
TikTok rival Triller to go public via merger with SeaChange International
Short video app Triller is set to go public via a reverse merger with video-tech company SeaChange International, the two companies announced on Wednesday. The combined entity will be valued at approx
Facebook’s Kustomer buy could face EU probe after merger referral
The European Union may investigate Facebook’s $1 billion acquisition of customer service platform Kustomer after concerns were referred to it under EU merger rules. A spokeswoman for the Commiss
Lessons from Top Hat’s acquisition spree
Top Hat, a startup that digitizes textbooks and turns them into an interactive experience for college students, announced on Wednesday that it has acquired yet another business: Fountainhead Press. Th
P&G terminates plan to acquire razor startup Billie following FTC lawsuit
Procter & Gamble will not acquire women’s beauty products startup Billie, as previously planned, following action taken by the U.S. Federal Trade Commission to stop the deal from proceeding.
Just Eat and Takeaway.com reach agreement to gobble each other
The boards of Just Eat and Takeaway.com have reached agreement to combine their two European food delivery businesses. The pair of publicly listed companies announced they were in talks to combine the
Crunch Report | DraftKings and FanDuel No Longer Merging
Uber is merging with Yandex.Taxi in Russia, DraftKings and FanDuel call it quits on their merger, Amazon is working on a premium Echo Home and Jet.com gives New Yorkers smart locks for their home deli
DraftKings and FanDuel will no longer merge
DraftKings and FanDuel, the two biggest daily fantasy sports platforms that originally announced their intention to merge, have called it quits. This comes a month after the FTC announced they would s
Crunch Report | New Samsung Galaxy S8 & S8+ Phones
Samsung releases its new phones the S8 and S8+, pet-sitting companies Rover and DogVacay merge, Lyft launches Lyft Shuttle, a new feature that works like a bus route, and five reasons why BuzzFeed is
Alaska Airlines is killing off Virgin America and Richard Branson says it’s okay to cry
Alaska Airlines has announced they are killing off the Virgin America brand sometime in 2019. Sad? Angry? You’re not alone. Richard Branson, founder of Virgin America, just penned a love letter
Crunch Report | FanDuel and DraftKings Merge
The FanDuel and DraftKings merger is confirmed, Amazon Prime Video goes global, Apple is looking into U.S. manufacturing, BuzzFeed is raising a $200 million Series G flat round and Sesame Street's VC
Time Warner-Charter merger given go-ahead by Federal Communications Commission
The proposed merger of Time Warner and Charter Communications is set for approval by government regulators, who want the combined company to follow restrictions designed to prevent it from stifling th
Nokia Agrees To Buy Alcatel-Lucent For $16.6B
Nokia has announced that it plans to move ahead with the purchase of Alcatel-Lucent, less than one day after confirming that the two companies were discussing a deal. Nokia will pay $16.6 billion in s
Companies Helping Consumers Find Fitting Clothes When Shopping Online, Fits.me And Clothes Horse, Complete Merger
Two companies tackling a problem with online retail – finding clothing that fit when you’re not able to try items on yourself – are today announcing a merger. London-based Fits.me,
Nokia Says It’s Disappointed With Indian Court Ruling That Rejected Asset Transfer To Microsoft
Nokia’s transfer of its Indian manufacturing unit and other assets in the country to Microsoft is facing a legal hurdle that could force the Finnish phone maker to take some extreme steps includ