In any industry, a $35 billion deal is, of course … a big deal. But in financial services, the news that Capital One has set the stage to buy Discover Financial is notable not just for the size of the price tag. Bringing the two...
Walmart and smart television maker Vizio entered into an agreement for Walmart to acquire Vizio for $2.3 billion. The acquisition would enable Walmart to enhance its media business, Walmart Connect, by combining Vizio’s SmartCast Operating System with Walmart’s reach and capabilities, the companies said in...
Capital One is acquiring Discover Financial in a deal that brings together two of the largest credit card companies in the United States. Bloomberg reported Monday (Feb. 19) that Capital One was considering the acquisition, and The Wall Street Journal reported later Monday that the...
FinTech company Nukkleus has signed a term sheet for the acquisition of cross-border payments firm Mercury Global. This move marks Nukkleus’ expansion in the world of cross-border payments, the company said in a Wednesday (Feb. 14) press release. By integrating Mercury Global, which has operations in London and...
Walmart is reportedly in talks to acquire smart television maker Vizio for over $2 billion. The discussions are ongoing, and a deal may not happen, the Wall Street Journal (WSJ) reported Tuesday (Feb. 13), citing unnamed sources. Reached by PYMNTS, spokespeople for both Walmart and Vizio declined to comment on...
Global Payments, a U.S.-based payment processing company, is reportedly nearing a deal to acquire Takepayments, a British payment services provider, in a move to expand its business abroad. The transaction is expected to value Takepayments at over $250 million, although the details of the deal are...
Salesloft has acquired Drift to enable companies to use artificial intelligence (AI) to deliver a personalized, omnichannel B2B buyer journey. Combining Salesloft’s AI-powered Revenue Orchestration Platform and Drift’s buyer experience and conversational AI will enable sellers to engage B2B buyers earlier and throughout the buyer...
HighRadius has expanded its capabilities and added more than 100 customers globally by acquiring Cforia Software. The transaction closed Feb. 2, HighRadius said in a Sunday (Feb. 11) press release. “We would like to welcome Cforia customers to the HighRadius family,” Urvish Vashi, chief operating officer at HighRadius, said...
ContextLogic has announced an agreement to sell a significant portion of its operating assets and liabilities, including its eCommerce platform Wish, to Qoo10, an eCommerce platform operating in Asia. The transaction is valued at approximately $173 million in cash, ContextLogic said in a Monday (Feb....
