acquisitions

Adobe Acquires Facebook’s Oculus Medium VR Tool
Adobe Acquires Facebook’s Oculus Medium VR Tool
December 08, 2019  |  Partnerships / Acquisitions

Social media giant Facebook is selling Oculus Medium, its virtual reality sculpting tool, to Adobe, reports revealed on Saturday (Dec. 7). Oculus Medium is an...

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Rapyd FinTech Picks Up $20M; Eyes Big Acquisitions
Rapyd FinTech Picks Up $20M; Eyes Big Acquisitions
December 04, 2019  |  Investments

London-based FinTech startup Rapyd has secured an additional $20 million in funding, bringing its valuation to $1.2 billion. This latest round of funding comes from...

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What’s Next For Payments And Merchant Services Megamergers?
What’s Next For Payments And Merchant Services Megamergers?
December 03, 2019  |  Partnerships / Acquisitions

It’s been a wild ride for payment and merchant services in 2019. Big mergers have changed the landscape, instant and same-day payments are gaining ground,...

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German Gov’t Snaps Up Tech Firms To Prevent Foreign Acquisitions
German Gov’t Snaps Up Tech Firms To Prevent Foreign Acquisitions
December 01, 2019  |  Europe

Germany is planning to temporarily take stakes in high-tech companies in order to stop investors from non-EU countries from acquiring them. The “national fallback” proposal,...

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Why The Death Of The ISO Is Greatly Exaggerated
Why The Death Of The ISO Is Greatly Exaggerated
November 27, 2019  |  Payments Innovation

For at least the last 15 years, it seems there has always been someone ready to write a eulogy for independent sales organizations (ISOs). The...

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Top News In Payments: PayPal Agrees To Buy Honey; Aon Acquires Insurance Platform CoverWallet
Top News In Payments: PayPal Agrees To Buy Honey; Aon Acquires Insurance Platform CoverWallet
November 21, 2019  |  News

In today’s top payments news, PayPal has agreed to acquire shopping discount and rewards platform Honey Science Corporation. Also, professional services company Aon has announced it will buy digital...

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PayPal Sweetens Shopping Ecosystem With $4B Honey Buy
PayPal Sweetens Shopping Ecosystem With $4B Honey Buy
November 20, 2019  |  Partnerships / Acquisitions

PayPal has announced that it’s going to acquire Honey Science Corporation, a shopping discount and rewards platform. The acquisition will cost PayPal $4 billion, and...

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Policymakers Press Big Tech On Use Of Personal Data
Policymakers Press Big Tech On Use Of Personal Data
November 14, 2019  |  ANTITRUST

Big Tech is under siege about its failure to respect users’ privacy as the House Judiciary Committee’s antitrust subcommittee expressed frustration over the companies’ many...

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Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger
Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger
November 11, 2019  |  Acquiring

Just Eat has turned down a hostile £4.9 billion ($6.3 billion) cash bid from Prosus, the Amsterdam arm of the South African tech conglomerate Naspers,...

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