Swedish-founded game developer Stillfront has purchased Canada-based KIXEYE in an all-cash deal worth $90 million. Stillfront may pay up to $30 million on top of this based on the results of the financial year 2019. KIXEYE is mostly known as a developer of free-to-play mobile massively multiplayer online strategy games, like War Commander, Vega Conflict, […]
This week, Natalie Novick and Andrii Degeler talk about the new tax for big tech companies that Israel wants to introduce, the EU’s new investigation into Apple’s practices, the quality of M&A data in Europe, six-wheeled cars, health tech startups, and much more. We’ve also got a pre-recorded interview with Isidro Laso, former head of Startup Europe.
Swedish-founded podcast hosting, monetisation, and distribution platform Acast has just made its first acquisition by purchasing the US-based Pippa. The exact terms of the deal aren’t disclosed, but Stuff has reported that the two platforms are now working on an “integration strategy.” Pippa’s four employees will join Acast. The combined platform will be the home […]
The US-based car-sharing company Getaround has acquired Drivy, one of Europe’s largest car-sharing platforms for $300 million. Getaround claims that the acquisition makes it “the world’s leading car-sharing marketplace” with a total of 5 million users and a presence in 300 cities in Europe and the US. Founded in 2010 in Paris, Drivy is currently […]
Dutch private equity firm NPM Capital has acquired a 35 stake in Amsterdam-based fintech startup Ohpen from the company’s first investor Amerborgh for an undisclosed amount. Founded in 2009, Ohpen is a cloud-based banking engine that claims to be “a market leader in the Dutch midsize banking market.” The company plans to extend its offering […]
Danish wireless sensor startup Webstech has been acquired by TeleSense, a US-based IoT company that specialises in solutions to improve grain storage. TeleSense plans to integrate Webstech’s products into its offering to offer a suite of sensor tech for grain storage facilities. Webstech CEO Thomas Kylling, who has a background in agriculture, will now join […]
London-headquartered GuestReady has acquired France’s BnbLord and claims to be the largest Airbnb management company in Europe with more than 2,000 properties. It has also announced the creation of a holding company, GuestReady Group based in Switzerland. Since its launch in 2016, GuestReady has acquired three Airbnb management companies. The other two were Oporto City […]