SAP, Telefónica and Virgin awarded as the corporates most actively supporting European startups

Yesterday, Tech.eu attended an event in Brussels organised by open innovation advisory firm Mind the Bridge and UK-based innovation foundation Nesta, meant to highlight and award the corporates that are doing the most to support startups across Europe. During the event, which was attended by Carlos Moedas, European Commissioner for research, science and innovation, the […]

These are some of the companies that bought European tech in 2016

We daresay the above image doesn’t need much comment. It’s a selection of some of the biggest and well-known technology companies on the planet, all of which have bought at least one European tech firm last year. We’re just saying. For more data and analysis, check out our European Tech Exits Report 2016 (buy it […]

Priceline acquires UK-based travel metasearch site Momondo Group

The Priceline Group has signed a deal to acquire UK and Denmark-based travel search site Momondo Group for $550 million in cash. Momondo offers a metasearch engine for hotels, flights, and cars in Europe. Priceline bought the company from its previous owner Great Hill Partners, a private equity firm that invested $130 million in the Momondo Group in 2014 taking a majority stake.