acquisitions

UK Antitrust Watchdog Says Adobe Acquisition of Figma Threatens Innovation
UK Antitrust Watchdog Says Adobe Acquisition of Figma Threatens Innovation
June 30, 2023  |  ANTITRUST

The United Kingdom’s antitrust regulator has found that Adobe’s planned acquisition of Figma could reduce innovation. The Competition and Markets Authority (CMA) said in a...

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Report: Citigroup Reviews Deal With Metaco to Develop Digital Asset Custody
Report: Citigroup Reviews Deal With Metaco to Develop Digital Asset Custody
June 30, 2023  |  Cryptocurrency

Citigroup is reportedly reviewing its year-old partnership with Swiss digital asset custodian Metaco. The bank has also been talking with other, similar companies, Bloomberg reported...

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Rise of the API and Pismo Buy Help Visa Craft Banking Network Effect 
Rise of the API and Pismo Buy Help Visa Craft Banking Network Effect 
June 29, 2023  |  Banking

For the payment networks, the reach and scale is there to create new digital platforms for financial institutions — natural extensions of the relationships that...

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Overstock.com Rebrands Following Bed Bath and Beyond Purchase
Overstock.com Rebrands Following Bed Bath and Beyond Purchase
June 29, 2023  |  Acquisitions

Overstock.com is changing its name. The online home furnishing seller has completed its $21.5 million acquisition of Bed Bath & Beyond’s (BBBY) intellectual property, and with it, taken the failed...

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DealHub Enters Usage-Based Billing World With Subzee Purchase
DealHub Enters Usage-Based Billing World With Subzee Purchase
June 27, 2023  |  Acquisitions

Revenue platform DealHub has acquired usage-based billing firm Subzee. The deal expands DealHub into a “complete quote-to-revenue platform” the company said in a news release...

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NCR Spinoff Eyes Acquisitions, Recurring Revenues to Bolster ATM-as-a-Service Growth
NCR Spinoff Eyes Acquisitions, Recurring Revenues to Bolster ATM-as-a-Service Growth
June 27, 2023  |  Payments Innovation

NCR’s restructuring will seek to capitalize on Software-as-a-Service and recurring revenues as ATMs undergo a digital transformation. NCR filed its Form 10 registration statement Monday (June 26)...

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Thomson Reuters Adds to AI Stable With $650M Casetext Deal
Thomson Reuters Adds to AI Stable With $650M Casetext Deal
June 27, 2023  |  Acquisitions

Thomson Reuters has acquired artificial intelligence (AI)-powered legal startup Casetext for $650 million. The Canadian multinational — whose businesses include news organization Reuters and legal...

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Data Management Firm Databricks to Acquire AI Startup MosaicML for $1.3 Billion
Data Management Firm Databricks to Acquire AI Startup MosaicML for $1.3 Billion
June 26, 2023  |  Acquisitions

Databricks is buying generative artificial intelligence (AI) startup MosaicML in a $1.3 billion deal. The acquisition is designed to meet the rapid demand among businesses for their own version of ChatGPT,...

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Singapore’s Traveler Shopping App utu Raises $33 Million and Acquires CardsPal
Singapore’s Traveler Shopping App utu Raises $33 Million and Acquires CardsPal
June 26, 2023  |  Investments

Singapore’s utu has raised $33 million and acquired the rewards platform CardsPal. The acquisition and funding, announced Monday (June 26), is designed to help consumers...

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