German professional social network XING acquires Honeypot for “up to €57 million”

German business social network XING has acquired the Berlin-based IT job platform Honeypot for €22 million, with another €35 million in earn-outs to be paid within the next three years if the company hits the unspecified “ambitious operating targets.” Honeypot operates an “inverted job board” for technical talent, in which companies send applications to candidates, not […]

Oxford University spin-off Animal Dynamics acquires Accelerated Dynamics

Oxford-based unmanned aerial systems startup Animal Dynamics has acquired another UK-based company, Accelerated Dynamics, which has developed ADx, an AI platform for drone fleet management. Animal Dynamics, which raised £6 million in funding last November, builds “bio-inspired” unmanned aerial vehicles (UAVs). Its main products, Skeeter and Stork, are designed after the flight mechanics of dragonflies […]

The Financial Times acquires a controlling stake in The Next Web

The Financial Times, a major news organisation headquartered in London, has acquired a controlling stake in The Next Web (TNW), Amsterdam-based media and digital company with a range of products and services for the tech community. The financial details of the deal were not disclosed. “TNW continues to operate independently and its management and the […]

Finland’s Thirdpresence acquires video platform Flowplayer

Finnish programmatic video advertising company Thirdpresence has acquired video platform Flowplayer. Together, the companies plan to develop a contextual video and advertising product under the brand of Flowplayer led by former Thirdpresence CEO Valtteri Pukander. Thirdpresence has developed a video advertising that supposedly solves the fraud issues in the industry by applying AI algorithms. By […]

Norway’s Asolvi acquires UK-based service management software developer Vantage Computing

Norway-based service management software provider Asolvi has acquired the UK-based Vantage Computing, which develops service management solutions. This is Asolvi’s fourth acquisition in the past three years. It brings the total number of customers of its subsidiaries — Tesseract, Evatic, Winserv, and Vantage Computing — to more than 1,000 across 35 countries. “The acquisition of […]