GoFundMe announced today that it will acquire Classy, a nonprofit fundraising software company. This is an all equity deal, though the company did not disclose the financials. Anyone can make a GoFundMe, from a local food pantry to a community member in need. But Classy is more specialized, working directly with nonprofits. Since its 2010 […]
ビーズソファ「ヨギボー」、国内代理店が米国本社買収
日経の記事利用サービスについて 企業での記事共有や会議資料への転載・複製、注文印刷などをご希望の方は、リンク先をご覧ください。 詳しくはこちら ビーズソファ「Yogibo（ヨギボー）」を輸入販売するウェブシャーク（大阪市）は、米国のヨギボー本社を買収した。買収額は100億円超とみられる。日本では店舗の内装や…
The New York Times plans to buy The Athletic for $550M
The New York Times Company agreed to purchase sports media outlet The Athletic in a deal valued at $550 million, The Information reports. This deal comes after months of speculation — at one point, The Athletic CEO Alex Mather approached Axios about a merger, which did not come to fruition. With this deal, the company […]
3 things startup founders need to know about M&A
When startup founders think of mergers and acquisitions (M&A), we tend to think of “Mad Men”-esque processes, involving dramatic office reshuffling and expensive rebranding.
African tech took center stage in 2021
Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. With high-profile visits from the most famous Jacks (Ma and Dorsey), a long-awaited first […]
Automation Anywhere expands into process discovery with FortressIQ acquisition
Automation Anywhere, which is best known for its robotic process automation (RPA) software, plans to expand the platform. This morning, the company announced that it intends to acquire process discovery startup FortressIQ. The companies did not reveal the purchase price. FortressIQ gives Automation Anywhere this missing process discovery component, which enables AI-fueled software to map […]
SK Hynix gets China approval to take over Intel’s NAND business
South Korean chipmaker SK Hynix said on Wednesday it has received merger clearance from the Chinese antitrust authority for its $9 billion acquisition of Intel Corp’s NAND and SSD (solid-state drive) business, clearing the final hurdle to completion of securing regulatory approval in eight jurisdictions. Last October, the U.S. chip giant and SK Hynix reached the […]
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 approximately $5 billion. The boards of both companies have approved the proposed merger and the deal is expected to close in the first quarter […]
Sage acquires remaining stake in retail management platform Brightpearl for $340M
Enterprise software giant Sage has acquired the remaining stake in Brightpearl, originally a U.K.-based startup in cloud retail management, for $340 million. Brightpearl provides a SaaS-based retail operating system, enabling real-time business insights. Sage previously owned 17% of the Bristol, U.K.-based startup, which MMC Ventures, a U.K. Series A investor, backed in 2014. The startup […]
Amazon seeks India antitrust watchdog’s approval to buy Catamaran stake in Cloudtail-parent firm Prione
Amazon is seeking an Indian antitrust watchdog’s approval to buy Catamaran Ventures’ stake in Prione, which operates one of the largest sellers on the e-commerce platform, months after the two firms said they won’t renew their joint venture after May next year. The announcement comes as a surprise as Catamaran owns a 76% stake in […]