The 2016 edition of the EIT Digital Challenge has come to a close, but it’s just the beginning for the scale-ups who took part and now have access to resources to grow their businesses across the EU.
Mail.ru has been investing heavily in ICQ since acquiring it from AOL in 2010. Now it’s one of the most feature-rich messenger apps on the market. But is that enough to lure back the 89 million users it has lost since its peak in 2001?
We’ve analysed the tech exits data tracked for the third quarter of 2016, and found that it was a stellar one in terms of volume – but mostly thanks to a single, big deal.
Tech investment activity notably declined in the UK and Germany during Q3 2016, leading overall investment volume to decrease by 17% to €3.4 billion YoY.