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

As 3D printing merger closes, MakerBot CEO steps up and Ultimaker CEO steps down

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
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