Stockholm-founded cloud-based cybersecurity startup Baffin Bay Networks has announced its expansion to the US by acquiring Loryka, which focuses on botnet and IoT research. The acquisition follows a $6.4 million funding round Baffin Bay raised in June 2018. Launched in 2013 as a research project, Loryka has grown into a research data platform and a […]
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, […]
Swedish software company Trade Extensions has been purchased by the US company Coupa Software for $45 million.
Snapchat has reportedly made its first Israeli acquisition with the purchase of augmented reality (AR) startup Cimagine for $30-$40 million. Israeli financial daily Calcalist says the deal would make Cimagine Snapchat’s de facto development center in Israel.
US-based GoDaddy Inc, a domain name and webhosting provider, said on Tuesday it would buy its European rival Host Europe Group (HEG) for €1.69 billion euros, including debt.
US companies have traditionally been the main acquirers of European tech startups. In Q1 2016, this was still the case, but a closer look at the data paints a different picture in the involvement of US-based companies in European tech exits.
Europe is maturing, with more $100 million+ rounds in the first half of 2015 than there were in the whole of 2014. But how does Europe stack up to the US and Asia when it comes to the big rounds?