Mastercard has inked a deal with McDonald’s to acquire the fast-food chain’s personalization platform, Dynamic Yield, according to a Tuesday (Dec. 21) press release. The acquisition is expected to close in the first half of 2022. Terms of the deal were not disclosed. With Dynamic...
The Sage Group, an accounting, financial, human resources (HR) and payroll technology platform for smaller businesses, has purchased cloud-native retail management system Brightpearl, per a Monday (Dec. 20) press release. Sage already has a 17% minority stake in Brightpearl. With the acquisition, Sage wants to...
Business software behemoth Oracle Corp. on Monday (Dec. 20) announced it’s buying electronic medical records company Cerner Corp. for $28.3 billion, part of Oracle co-founder Larry Ellison’s plan to move into new markets, according to a press release. The Cerner acquisition is another example of...
The Bank of Montreal (BMO) has finalized a $16.3 billion acquisition deal for BNP Paribas’ Bank of the West in an all cash agreement that would drive BMO’s presence into the U.S., according to a press release on Monday (Dec. 20). One of the biggest...
The Latin American eCommerce giant Mercado Libre says it has acquired Redelcom, a Chilean payments service provider. “Mercado Libre seeks to consolidate its value proposition in Chile and enhance the growth of its multiple payment tools and digital financial solutions,” the Argentine company said in...
The Dutch conversational commerce cloud software company CM.com has begun negotiations to acquire the consumer artificial intelligence (AI) firm Building Blocks. CM announced the planned acquisition on its website Tuesday (Dec. 14), saying Building Blocks’ combination of data science software and services allows its customers...
Silicon Valley Bank’s parent company, SVB Financial Group, will acquire technology, media and telecom research firm MoffettNathanson, SVB announced Monday (Dec. 13). The deal will see SVB’s tech investment banking unit merged with the research division of analysts Craig Moffett and Michael Nathanson. The financial...
Lender OakNorth is acquiring intelligent cashflow startup Fluidly for undisclosed terms, according to a press release emailed to PYMNTS on Monday (Dec. 13). The acquisition is subject to regulatory approval. Founded in 2018 in London by Rishi Khosla and Joel Perlman, OakNorth was awarded a...
The ticket reseller Vivid Seats has acquired the sports gaming app Betcha Sports in a deal that could ultimately be worth up to $65 million. The company announced the acquisition Monday (Dec. 13), saying it would pay $25 million in Vivid Seats equity, as well...
