These were the 10 biggest European tech stories this week

Happy Friday! This week, tech.eu tracked 10 technology M&A transactions and 58 funding deals (totalling €406 million) in Europe and Israel.

Like every week, we listed every single one of them in our free weekly newsletter, along with interesting news regarding fledgling European startups, tech investors old and new, a number of good reads published elsewhere, government and policy news, as well as an overview of interesting lists, facts and figures from a wide variety of sources.

You can subscribe to our newsletter below to receive all this information in your inbox every Friday afternoon for free, but here’s an overview of the 10 biggest European tech news items for this week:

**1)** Done deal, one of the larger exits in European tech history: Activision Blizzard closes $5.9 billion acquisition of King, makers of Candy Crush

**2)** Two exits in Israel, over $1.3 billion in combined value: Mellanox paid $811 million for EZchip and Oracle bought Ravello Systems for $500 million

**3)** Google's London AI powerhouse has set up a new healthcare division and acquired a medical app called Hark

**4)** Messaging app Telegram surpasses 100 million users, backs Apple on encryption

**5**) Swedish payments firm Klarna shifts focus to U.S. as revenues swell to $331 million in 2015

**6)** Powa's woes continue: UK-based tech unicorn collapsed into administration this week and laid off 74 employees

**7)** Nokia Growth Partners announced a $350 million fund for IoT startups and Israeli VC firm TLV Partners closed a new $115 million fund

**8)** Spanish tech giant Scytl spin-offs citizen engagement platform with the support of Telefonica Open Future. Both companies will invest a combined €35 million in the project

**9)** Remember the UK and Italy asking Google to pay a fair amount of taxes? France could be seeking €1.6 billion in back taxes from the search giant

**10)** European telcos got together in Barcelona this week, asked for level playing field as they battle startups

**Bonus link:** European tech scene begins to feel Silicon Valley’s woes