Texas HCM (human capital management) expert Asure Software started the year with a bang, as the maker of digital tools for managing employees secured three deals before most people had shaken off the new year’s confetti.
Redux, an audio and haptics startup from Cambridge, has been quietly acquired by Google, according to a report by Bloomberg.
Supporting fintech startups isn’t just for mature banking groups pondering what the future may look like – the time has come to put real money on the table.
Broadcom’s $130 billion takeover offer for Qualcomm was always poised to become the deal of the year – but things are rapidly escalating.
Private room rentals giant Airbnb has announced a deal to buy AdBasis, a small adtech startup which has developed its own platform for ad testing and optimisation.
The market for automated software development testing tools is hotting up, as PE players are showing particular interest in this niche market.
Fintech funding in Britain is headed for a record year. Over $1 billion (£760 million) has already been poured into companies looking to disrupt in the financial space, according to new numbers from London and Partners, collected by PitchBook.
FirstRand, the South African financial services group, has confirmed plans for a takeover of Aldermore, the UK challenger bank aimed at SMEs. FirstRand has offered £1.1 billion in an “indicative proposal”, and the UK lender is expected to accept a firm offer at this level.
The food delivery app market is not for the faint of heart; cash burn is severe and the competition is even more brutal. As Jinn has closed up shop, the market for apps that hire a band of cyclists to pick up food on behalf of customers has lost yet another contender.
What does it take for Facebook to swoop in and buy your startup after it’s been running for just nine weeks? Five million downloads and 2.5 million active daily users will do it – that’s why Facebook acquired tbh.