Acquisition
German food startup Delivery Hero to buy Foodpanda
Delivery Hero Holding GmbH is acquiring Foodpanda, bringing together two top food delivery startups based in Germany. Rocket Internet SE, a backer of both companies, said the combined business will process more than 20 million […]
Square solidifies food-delivery unit with purchase of Main Line Delivery
Square’s latest acquisition proves the company’s food delivery business isn’t going anywhere. The mobile payment company has acquired Main Line Delivery, an 8-year-old startup that delivers food to the Main Line region of Philadelphia. Square’s […]
EU allows Microsoft acquisition of LinkedIn
The European Commission has approved Microsoft’s €24.5 billion takeover of LinkedIn after imposing conditions to ensure the deal doesn’t reduce competition. Microsoft must let manufacturers and sellers decide whether they install LinkedIn on Windows computers. […]
Google buys shopping search startup Undecidable Labs to make images more lucrative
Google last month quietly bought Undecidable Labs, a startup founded by a former Apple Inc. director that focused on turning online searches into purchases, according to a person familiar with the deal. The acquisition suggests that Google, […]
Facebook acquires facial image-analysis startup FacioMetrics
Facebook has purchased FacioMetrics that provides tools for facial detection and fun forms of facial modification, including face swapping. FacioMetrics also offers developers facial image analysis that gauges behavior, as well as demographic tools. VentureBeat […]
Samsung is buying Harman for $112 per share
Shares of Harman (NYSE:HAR) soared 25% Monday, after it was announced that Samsung (OTC:SSNLF) will buy the company for $112 per share, valuing the company at $8 billion. I was a shareholder in Harman for […]
Tesla Motors acquires Grohmann Engineering for an undisclosed figure
The German engineering firm specializes in automated manufacturing processes. Tesla plans to use the company’s location in Germany as a base for Tesla Advanced Automation Germany. “We believe the result will yield exponential improvements in […]
Etsy paid $32.5 million for AI startup Blackbird Technologies
E-commerce company Etsy today disclosed in a filing that it spent $32.5 million to acquire Blackbird Technologies, a startup that had developed artificial intelligence (AI) software that could be used for various search applications in […]