Mergers and Acquisitions
Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry
South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems…
The acquisition comes as BeReal was struggling to grow its user base and was looking for a buyer.
The merger has yet to close due to extended due diligence amid ongoing restructuring and macroeconomic headwinds across multiple countries.
Stock-trading app Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crypto exchange Bitstamp.
SAP sees WalkMe’s focus on automating contextual, in-app support as bringing value to its own enterprise customers.
Redpanda acquires Benthos to expand its end-to-end streaming data platform
Redpanda has already integrated Benthos into its own service and has made it the core technology of its new Redpanda Connect service.
Salespeople live and die by commissions. It’s no surprise, then, that Salesforce paid a premium to buy a platform that simplifies managing commissions.
Harness snags Split.io as it goes all in on feature flags and experiments
DevOps startup Harness has shown itself to be an ambitious company, building a broad platform of services while also dabbling in M&A when it made sense to fill in functionality.…
Bugcrowd, the crowdsourced white-hat hacker platform, acquires Informer to ramp up its security chops
On the heels of raising $102 million earlier this year, Bugcrowd is making good on its promise to use some of that funding to make acquisitions to strengthen its security…
Bumble buys community building app Geneva to expand further into friendships
Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its…
CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security
CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion.
Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash
Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand…
Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse
A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse.
As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign announced that it’s buying Lexion, a contract workflow automation startup, for $165 million.…
Featured Article
The IBM-HashiCorp coupling could be more complicated than it seems
At a quick glance, the IBM-HashiCorp deal seems like a good one for both sides, but upon closer inspection, perhaps not.
Area man, Twilio co-founder Jeff Lawson, buys The Onion
Jeff Lawson, co-founder and recently departed CEO of Twilio, is the proud new owner of satirical online newspaper The Onion.
Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’
“Teampay represents this new class of fintech companies that came up,” said Paystand CEO Jeremy Almond.
IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition
With HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBM’s other businesses.
Nvidia acquires AI workload management startup Run:ai for $700M, sources say
Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure. Terms of the deal aren’t…
Webflow acquires Intellimize to add AI-powered webpage personalization
Webflow, a web design and hosting platform that’s raised over $330 million at a $4 billion valuation, is expanding into a new sector: marketing optimization. Today, Webflow announced that it…
Featured Article
Lacework, last valued at $8.3B, is in talks to sell for just $150M to $200M, say sources
Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150 million to…
API startup Noname Security nears $500M deal to sell itself to Akamai
Akamai Technologies is in advanced acquisition talks with Noname Security, an API cybersecurity startup, according to a people person familiar with the deal.
eBay enters trading card commercial agreement with Collectors, acquires Goldin
As eBay continues to invest in the trading card space, the e-commerce company announced Wednesday three significant commercial transactions with Collectors, the parent company of PSA (Professional Sports Authenticator), the…
WordPress.com owner Automattic acquires multiservice messaging app Beeper for $125M
The deal, which was for $125 million according to sources close to the matter, is Automattic’s second acquisition of a cross-platform messaging solution.
Robot delivery firm Kiwibot buys Taipei chipmaker, citing US/China tensions
Bay Area/Colombia-based delivery robotics firm Kiwibot this week announced that it has acquired Auto Mobility Solutions. The Taipei firm produces chips specifically for the world of robotics and autonomous driving.…
DataStax acquires the startup behind low-code AI builder Langflow
DataStax made a name for itself by commercializing the open source Apache Cassandra NoSQL database, but these days, the company’s focus is squarely on using its database chops to build…
TechCrunch Minute: Yahoo buys Artifact news app from Instagram’s co-founders
News that Yahoo is buying Artifact stirred the technology watercooler yesterday. Artifact was an interesting app, employing AI to help its users find and consume more, and more targeted news.…
Yahoo is acquiring Instagram co-founders’ AI-powered news startup Artifact
Yahoo is acquiring Artifact, the AI-powered news app from Instagram’s co-founders Kevin Systrom and Mike Krieger, the company announced on Tuesday. The financial terms of the deal were not disclosed.…
ChowNow snaps up YC-backed POS platform Cuboh and is laying off staff
ChowNow acquired Cuboh, a point-of-sale platform that consolidates all orders from delivery apps into one place.
With Affinity acquisition, Canva should be able to compete better with Adobe’s creative tools
Canva, the high-flying Australian design and visual communication startup, announced today it was acquiring Affinity (formerly Serif), a creative tools company based in the U.K. Bloomberg reported that the deal…