Figma's planned acquisition by Adobe was abandoned/failed.
failed 1 article 2024-02-17
Figma Adobe
Q&A with Figma CEO Dylan Field on managing the company after the failed sale to Adobe, maintaining culture, using the $1B breakup fee, expansion plans, and more
The Verge · 2024-02-17 · #6
The Amazon/iRobot deal is cited as context for the EU Commission's stance and startups' concerns.
confirmed 1 article 2024-02-15
Amazon iRobot
Some European entrepreneurs believe the EU's scrutiny of deals involving tech giants will lead to less M&A activity, reducing exit routes from their business
Financial Times · 2024-02-15 · #36
Bending Spoons is seeking acquisitions as part of its growth strategy.
confirmed 1 article 2024-02-15
Bending Spoons acquisitions
Italian app developer Bending Spoons raised $155M from Baillie Gifford and others at a $2.6B valuation, after raising $100M in 2023, and seeks acquisitions
Bloomberg · 2024-02-15 · #23
Renesas agrees to acquire PCB design software company Altium for about $5.9 billion in cash, a 33.6% premium to Altium's February 14 closing price.
confirmed 1 article 2024-02-15
Renesas Altium
Japanese chipmaker Renesas agrees to acquire PCB design software company Altium for ~$5.9B in cash, a 33.6% premium on Altium's February 14 closing price
Bloomberg · 2024-02-15 · #38
Sources report Walmart is in talks to buy smart TV manufacturer Vizio for more than $2 billion.
rumored 1 article 2024-02-14
Walmart Vizio
Sources: Walmart is in talks to buy smart TV manufacturer Vizio for $2B+, as the company looks to bolster its advertising business in its battle with Amazon
Wall Street Journal · 2024-02-14 · #43
Tencent is the owner of the Finnish mobile gaming group Supercell.
confirmed 1 article 2024-02-14
Tencent Supercell
An interview with Supercell CEO Ilkka Paananen, as Tencent's Finnish mobile gaming group seeks its next big hit; Clash of Clans had $10B+ in revenue in 10 years
Financial Times · 2024-02-14 · #17
Salesforce acquired Slack (completed acquisition).
confirmed 1 article 2024-02-14
Salesforce Slack
A look at Slack 10 years after its launch: its early success, its direct listing in 2019, being acquired by Salesforce, and how the service changed work culture
The Verge · 2024-02-14 · #7
Walmart is reportedly seeking to bolster its advertising business—including via the possible Vizio acquisition—to better compete with Amazon.
rumored 1 article 2024-02-14
Walmart Amazon
Sources: Walmart is in talks to buy smart TV manufacturer Vizio for $2B+, as the company looks to bolster its advertising business in its battle with Amazon
Wall Street Journal · 2024-02-14 · #43
PDD Holdings is the owner of the Temu marketplace.
confirmed 1 article 2024-02-13
PDD Holdings Temu
Sources: Temu is scooping up suppliers of cheap goods that once worked with Shein, as Shein moves to clean up its supply chain ahead of a planned US listing
Financial Times · 2024-02-13 · #12
Temu ran Super Bowl ads with the intent of winning back U.S. shoppers.
confirmed 1 article 2024-02-13
Temu win back US shoppers
Temu bought six Super Bowl ad slots, likely for tens of millions, to win back US shoppers; US observed sales fell 12.5% MoM in December 2023 and 4.8% in January
Bloomberg · 2024-02-13 · #13
Sources report Founders Fund bought $100M in bitcoin and $100M in ether between late summer and early fall 2023.
rumored 1 article 2024-02-13
Founders Fund bitcoin ether
Sources: Founders Fund bought $100M in bitcoin and $100M in ether from late summer to early fall 2023; the VC sold its crypto portfolio in 2022, making ~$1.8B
Reuters · 2024-02-13 · #30
ContextLogic agrees to sell discount online retailer Wish to Singaporean company Qoo10 for $173M.
confirmed 1 article 2024-02-13
ContextLogic Wish Qoo10
ContextLogic agrees to sell the discount online retailer Wish for $173M to Singaporean company Qoo10; Wish had a $14B valuation after its 2020 IPO
Bloomberg · 2024-02-13 · #33
Sources report Temu is scooping up suppliers of cheap goods that previously worked with Shein.
rumored 1 article 2024-02-13
Temu suppliers of cheap goods formerly working with Shein
Sources: Temu is scooping up suppliers of cheap goods that once worked with Shein, as Shein moves to clean up its supply chain ahead of a planned US listing
Financial Times · 2024-02-13 · #12
Notion acquires Skiff.
confirmed 1 article 2024-02-10
Notion Skiff
Notion acquires Skiff, which raised $14.2M to offer end-to-end encrypted file storage, docs, calendar events, and email; Skiff will shut down after six months
TechCrunch · 2024-02-10 · #11
GoTo says no such discussion is taking place and denies talks with Grab about a ride-hailing merger.
denied 1 article 2024-02-09
GoTo Grab ride-hailing merger
Sources: Singapore-based Grab and Jakarta-based GoTo revive talks for a ride-hailing merger in Southeast Asia; GoTo says “no such discussion is taking place”
Bloomberg · 2024-02-09 · #23
Sources say Paytm E-commerce (now Pai Platforms) acquired Bitsila, a seller platform on India's Open Network for Digital Commerce (ONDC).
rumored 1 article 2024-02-09
Paytm E-commerce Bitsila
Sources: Paytm E-commerce changed its name to Pai Platforms and acquired Bitsila, a seller platform on India's Open Network for Digital Commerce
The Economic Times · 2024-02-09 · #10
The $1.5 billion investment would give Disney roughly a 9% stake in Epic Games.
rumored 1 article 2024-02-09
Disney Epic Games
Source: Disney's $1.5B investment in Epic Games will give Disney a 9% stake in Epic at a valuation of $22.5B, down ~29% from its 2022 valuation of $31.5B
The Information · 2024-02-09 · #13
The deal values Epic Games at $22.5 billion, down about 29% from its 2022 valuation of $31.5 billion.
rumored 1 article 2024-02-09
Epic Games
Source: Disney's $1.5B investment in Epic Games will give Disney a 9% stake in Epic at a valuation of $22.5B, down ~29% from its 2022 valuation of $31.5B
The Information · 2024-02-09 · #13
Registered Agents has acquired Epik, a domain registrar known for serving far-right and extremist websites.
confirmed 1 article 2024-02-09
Registered Agents Epik
Epik, a domain registrar serving far-right and extremist websites, has been acquired by Registered Agents, whose services allow companies to operate anonymously
Wired · 2024-02-09 · #16
Sources report Grab and GoTo have revived talks about a ride-hailing merger in Southeast Asia.
rumored 1 article 2024-02-09
Grab GoTo ride-hailing merger Southeast Asia
Sources: Singapore-based Grab and Jakarta-based GoTo revive talks for a ride-hailing merger in Southeast Asia; GoTo says “no such discussion is taking place”
Bloomberg · 2024-02-09 · #23
SoftBank owns 90% of Arm.
confirmed 1 article 2024-02-09
SoftBank Arm
Arm closed up 47.89% after issuing a strong profit forecast, adding ~$38B to its market cap, with $34B+ of that accruing to SoftBank, which owns 90% of Arm
CNBC · 2024-02-09 · #32
Carlyle Group is reported to agree to sell Jagex to CVC Capital Partners and US-based Haveli Investments for £900M, according to sources.
rumored 1 article 2024-02-09
Carlyle Group Jagex CVC Capital Partners Haveli Investments
Carlyle Group acquired Jagex in 2021 for more than $530M.
confirmed 1 article 2024-02-09
Carlyle Group Jagex
Disney plans to invest $1.5 billion to acquire an equity stake in Epic Games.
confirmed 1 article 2024-02-08
Disney Epic Games
Disney plans to invest $1.5B for a stake in Epic Games and collaborate on a new “universe” connected to Fortnite with content from Disney, Pixar, and more
CNBC · 2024-02-08 · #17
Jack Dorsey's plan to get Elon Musk to save Twitter failed.
failed 1 article 2024-02-08
Jack Dorsey Elon Musk Twitter
Battle for the Bird book excerpt: how Jack Dorsey's plan to get Elon Musk to save Twitter failed, as Musk dismantled the company after taking over, and more
Bloomberg · 2024-02-08 · #21
Elon Musk took over Twitter.
confirmed 1 article 2024-02-08
Elon Musk Twitter
Battle for the Bird book excerpt: how Jack Dorsey's plan to get Elon Musk to save Twitter failed, as Musk dismantled the company after taking over, and more
Bloomberg · 2024-02-08 · #21
Cohesity agrees to acquire the data protection unit of Veritas, valuing the combined entity at $7B.
confirmed 1 article 2024-02-08
Cohesity Veritas data protection unit
AI data security company Cohesity agrees to acquire the data protection unit of multi-cloud data management company Veritas, valuing the combined entity at $7B
Reuters · 2024-02-08 · #40
Entrust is reportedly in exclusive talks to acquire London-based identity verification provider Onfido; sources say the price is 'well above' $400M, with some reports citing up to $650M.
rumored 1 article 2024-02-07
Entrust Onfido
ID management company Entrust acquires Onfido, a London-based provider of automated identity verification services, sources say for “well above” $400M
TechCrunch · 2024-02-07 · #36
MicroStrategy purchased 31,775 bitcoin in Q4 2023 at an average cost of $39,411, bringing its total holdings to about 190,000 bitcoin acquired for a total cost of $5.93B.
confirmed 1 article 2024-02-07
MicroStrategy 31,775 bitcoin 190,000 bitcoin
MicroStrategy bought 31,775 bitcoin in Q4 2023 for an average cost of $39,411, taking its total holdings to 190K bitcoin acquired for a total cost of $5.93B
Unchained · 2024-02-07 · #35
Weaveworks failed to be acquired after seeking a buyer.
failed 1 article 2024-02-06
Weaveworks
Cloud native container management platform Weaveworks, which raised over $61M, shuts down after facing uneven sales and failing to get acquired
TechCrunch · 2024-02-06 · #40