Google parent company Alphabet is reportedly considering making a bid to acquire HubSpot. The firm has met with investment bankers to discuss how much it should offer and whether it would face challenges from regulators, Reuters reported Thursday (April 4), citing unnamed sources. Alphabet has not submitted an offer, and it...
Venture capitalist Steve Singh and a group of growth investors have acquired corporate travel management firm Direct Travel. The investors joining Singh in the acquisition include Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners and Blackstone Credit & Insurance, Direct Travel said in a Tuesday (April 2) press release. “Direct Travel sets the...
Yahoo will add artificial intelligence (AI)-powered personalization features across its platform, including Yahoo News, following its acquisition of Artifact. This acquisition closed Friday (March 29), Yahoo said in a Tuesday (April 2) press release. “Yahoo was one of the first to combine human and algorithmic curation of news,” Kat Downs...
Unified commerce firm Cart.com has acquired Amify to expand its Amazon Marketplace services offering. Amify, which made a name for itself as the first “Amazon-as-a-service” company, provides merchants with Amazon optimization and advertising solutions. According to a Tuesday (April 2) news release, the acquisition will help meet rising demand from Cart.com’s roster of...
PairSoft acquired APRO Software Solutions, saying the combination will expand its enterprise financial automation capabilities and global scale. The tie-up resulting from the acquisition will create a global procure-to-pay, order-to-cash and bank integration platform that serves more than 1,700 organizations, the companies said in a Tuesday (April 2) press...
Canadian payments FinTech Nuvei is set to become a private company. Nuvei announced the $6.3 billion deal with private equity firm Advent International on Monday (April 1), three weeks after reports of a possible acquisition emerged. “This transaction marks the beginning of an exciting new chapter for Nuvei, and we are...
Blue Yonder plans to acquire One Network Enterprises for $839 million to create a unified end-to-end supply chain platform and collaboration ecosystem. The planned acquisition will add One Network’s solutions for supply chain managers to Blue Yonder’s existing digital supply chain offerings, the companies said in a Friday (March 29)...
Walmart expects to refile forms about its planned acquisition of smart television maker Vizio Friday (March 29). The retailer withdrew its previous Hart-Scott-Rodino (HSR) notification and report for the merger Wednesday (March 27) after informal discussions with the Federal Trade Commission (FTC) and the Department...
After a drought, the merger and acquisition (M&A) landscape is in bloom. Major M&A deals — agreements worth at least $10 billion — more than doubled during the first quarter of this year, the Financial Times reported Thursday (March 28), citing data from the London Stock Exchange Group....