acquisitions

Facebook Blasts Britain’s Concerns About Its Giphy Acquisition
Facebook Blasts Britain’s Concerns About Its Giphy Acquisition
September 08, 2021  |  ANTITRUST

Facebook made an argument against selling Giphy in response to Britain’s Competition and Markets Authority (CMA), after the British regulator flagged access and competition concerns...

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J.P. Morgan’s Deal for Volkswagen’s Payments Unit Reflects Acceleration of Connected Cars 
J.P. Morgan’s Deal for Volkswagen’s Payments Unit Reflects Acceleration of Connected Cars 
September 08, 2021  |  Commerce Connected

The uptrend in connected cars got a boost Wednesday (Sept. 8) on news that J.P. Morgan is acquiring a majority stake in Volkswagen Payments, the digital transactions unit launched by the German auto maker in...

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Workday Plans To Buy Price Quote Platform Zimit
Workday Plans To Buy Price Quote Platform Zimit
September 08, 2021  |  Partnerships / Acquisitions

Finance and HR enterprise cloud platform Workday, Inc. has signed a definitive agreement to acquire configure price quote platform Zimit, giving the company a new...

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Global Payments to Buy MineralTree for $500M
Global Payments to Buy MineralTree for $500M
September 08, 2021  |  Partnerships / Acquisitions

Payments technology company Global Payments Inc. will pay $500 million to buy MineralTree, which provides accounts payable automation and B2B payment solutions.  The Atlanta-based company...

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JPMorgan Acquires 75% of Volkswagen’s Payments Unit
JPMorgan Acquires 75% of Volkswagen’s Payments Unit
September 08, 2021  |  Partnerships / Acquisitions

J.P. Morgan (JPM) reached a deal with German carmaker Volkswagen (VW) to buy almost 75 percent of its financial services unit for undisclosed terms, Reuters...

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PayPal Closes $2.7B Acquisition Deal For Japan’s Paidy
PayPal Closes $2.7B Acquisition Deal For Japan’s Paidy
September 08, 2021  |  Buy Now Pay Later

PayPal is acquiring Japan’s buy now, pay later (BNPL) payments platform Paidy for ¥300 billion (about $2.7 billion) in a mostly-cash deal. The tie-up builds...

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Softbank-Deutsche Telekom Deal Sets Stage for Sweeping New Connected Networks and Services
Softbank-Deutsche Telekom Deal Sets Stage for Sweeping New Connected Networks and Services
September 07, 2021  |  Commerce Connected

Although touted in the financial press as a deal that “strengthens ties” between SoftBank and Deutsche Telekom, the tech and telecommunication tie-up actually runs much...

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Mastercard To Buy Denmark’s Open Banking Tech Firm Aiia
Mastercard To Buy Denmark’s Open Banking Tech Firm Aiia
September 07, 2021  |  Partnerships / Acquisitions

Mastercard has agreed to acquire Danish open banking technology company Aiia to expand its open banking reach, according to a Tuesday (Sept. 7) press release....

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Wearables Startup Whoop Acquires Sports Tech Firm Push 
Wearables Startup Whoop Acquires Sports Tech Firm Push 
September 02, 2021  |  Partnerships / Acquisitions

Three days after reaching a valuation of $3.6 billion, the wearables firm Whoop announced it had acquired Push, a Toronto-based sports technology startup.  Whoop said...

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