UK-based Secret Escapes acquires what’s left of TravelBird after a few months of negotiations

It only took two weeks after Amsterdam-based TravelBird officially filed for insolvency for its assets to get acquired, the Financieele Dagblad reports. The UK-based Secret Escapes, a competing travel booking platform with a luxury focus, has made the largest bid “by far,” according to the bankruptcy curator Jan Padberg. The British company will receive the intellectual property, […]

French carpooling platform BlaBlaCar raises €101 million from SNCF, plans to buy SNCF-owned bus operator Ouibus

BlaBlaCar, a French-founded carpooling platform, has announced its plans to move beyond ridesharing towards becoming a road travel platform. The company has offered to acquire the bus operator Ouibus from SNCF, the French national railway company. At the same time, BlaBlaCar announced a €101 million funding round from SNCF itself with participation from existing investors. […]

German startup Siltectra sells to Infineon for €124 million

German semiconductor manufacturer Infineon has acquired Dresden-based startup Siltectra for €124 million. Founded in 2010, Siltectra is an R&D-heavy startup that has developed the “cold split” technology that allows processing of crystal material efficiently and with minimal loss. Infineon will now use the technology “to split silicon carbide (SiC) wafers, thus doubling the number of chips […]

Finnish healthtech startup Noona acquired by the US-based Varian

The US-based medical hardware and software company Varian has acquired the Finnish startup Noona, which has developed a cloud-based a communications platform for cancer patients and health centres. Described in the medical language, Noona is a platform that captures patient-reported outcomes (PROs), which is basically information on how the patient is feeling given by the […]

Danish startup Spektral sold to Apple for $30 million

Copenhagen-based visual effects startup Spektral was acquired by Apple for $30 million at the end of 2017 in a deal that was only disclosed this week. The company focused on applying machine learning techniques to image and video editing. Spektral, formerly known as CloudCutout, had raised some $3 million prior to the acquisition. The main […]

Bucharest-founded IoT PaaS Simfony sells to Mondicon

The Netherlands-based mobile data solutions provider Mondicon has acquired Romanian IoT startup Simfony for an undisclosed amount. Joachim de Wild, co-owner of Mondicon, will become the new CEO of Simfony; Stefan Anghel, formerly product architect at Simfony, will join the management team as CTO. Founded in 2014, Simfony has developed a Platform-as-a-Serice (PaaS) product for […]

UK-based healthtech company Medopad acquired Sherbit as part of its US expansion

Medopad, the UK-based healthtech company that develops applications to connect patients with medical professionals, has acquired a Silicon Valley startup Sherbit for an undisclosed amount. Earlier in 2018, Medopad also opened offices in New York and San Francisco. Founded in 2011 in London, Medopad builds applications that collect and structure patient data from medical databases, […]