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Posts Tagged ‘acquisition’

Apple buys edge-based AI startup Xnor.ai for a reported $200M

01.15.2020 · Posted in Technology Articles

Xnor.ai, spun off in 2017 from the nonprofit Allen Institute for AI, has reportedly been acquired by Apple for about $200 million. A source close to the company corroborated a report this morning from GeekWire to that effect. ...

4 Unique Growth Tactics for 2020

<***>growth tactics

Marketing tactics change constantly. Each year new tactics become more impactful, and old ones fade into obscurity. Sticking to the same tactics is stale for your current customers and potential customers, too. Instead of just running the same growth tactics for years on end, it’s time to make a switch in 2020. Here ...

PayPal to acquire shopping and rewards platform Honey for $4B

PayPal announced today it has agreed to acquire Honey Science Corporation, the makers of a deal-finding browser add-on and mobile application, for $4 billion, mostly cash. The acquisition, which is PayPal’s largest to date, will give the payments giant a foothold earlier in the customer’s shopping journey. Instead of only competing on the checkout page ...

Brava, a smart oven maker with big names attached, just sold to an industrial equipment company

Brava had a lot of things working in its favor as startups go. It was founded in 2015 by serial executive John Pleasants, whose past stints have included as co-president of Disney Interactive Media Group, COO of Electronic Arts, and CEO of Ticketmaster. His plans to create a suite of snazzy direct-to-consumer line of smart ...

VMware acquires ML acceleration startup Bitfusion

VMware today announced that it has acquired Bitfusion, a former participant in our Startup Battlefield competition. Bitfusion was one of the earliest companies to help businesses accelerate their complex computing workloads on GPUs, FPGAs and ASICs. In its earliest iteration, over four years ago, the company’s focus was less on AI and machine learning and ...

Cvent acquires mobile event technology provider DoubleDutch

There’s some new consolidation in the mobile event technology space this morning, with news that the meetings, events and hospitality technology provider Cvent has acquired San Francisco-based mobile event app maker DoubleDutch. The deal includes both DoubleDutch’s mobile event app technology as well as the team, the company said in announcing the deal on Monday. ...

Getaround acquires European car rental platform Drivy for $300 million

Getaround, the peer-to-peer car-sharing startup that launched at TC Disrupt back in 2011, is making moves to become a global car rental service. Today, the Softbank-backed startup announced its acquisition of Drivy, a Paris-headquartered car-sharing startup that operates in 170 European cities. “We were obviously looking at what our European strategy was and how we ...

Atlassian acquires AgileCraft for $166M

Atlassian today announced that it has acquired AgileCraft, a service that aims to give enterprises plan their strategic projects and workstreams. The service provides business leaders with additional insights into the current status of technical projects and gives them insights into the bottlenecks, risks and dependencies of these projects. Indeed, the focus of AgileCraft is ...

About.me acquired by mobile-first small business startup Broadly

Personal homepage startup About.me has been acquired. Again! The company, once bought by Aol for a reported $35 million, decided a couple years after the deal to go it alone, and spun About.me back out to become an independent company. Today, About.me announced it’s being acquired by the Oakland-based startup Broadly. About.me founder and True ...

Powtoon acquires Showbox.com to extend its video-creation platform

Powtoon, an online platform that allows its users to easily create videos for digital marketing, YouTube ads or business presentations, today announced that it has acquired Tel Aviv-based Showbox.com, a cloud-based video-editing platform for amateurs that had raised $12.4 million before this acquisition and currently holds six video technology patents. Powtoon, which says that it ...