Acquisitions

Acquisitions
Roblox Acquires Speech Recognition Firm Speechly
September 20, 2023

Speechly, a company specializing in tools for speech recognition and natural language understanding, has been acquired by Roblox, a platform for 3D immersive communication and connection. This move aims to enhance the voice features of Roblox, including voice chat, and improve the moderation of spoken language...

Acquisitions
Sinapse Finance Acquires Uptick to Create One-Stop Shop for Small Businesses
September 20, 2023

Sinapse Finance, a Brazilian startup specializing in technology-based financial management, has acquired Uptick, a Brazilian accounting firm. This acquisition marks a milestone for Sinapse as it expands its operations and offerings in the financial and accounting sectors for small and medium-sized businesses (SMBs), the company said...

Acquisitions
Report: Goldman Sachs Nearing Sale of GreenSky Unit
September 20, 2023

Goldman Sachs is reportedly in advanced talks with possible buyers for its FinTech lender GreenSky. As the Wall Street Journal (WSJ) reported Tuesday (Sept. 19), the Wall Street bank is in discussions to sell GreenSky to a group of firms that include Sixth Street, Pacific...

Acquisitions
Discover Financial Services Weighs Sale of Student-Loan Business
September 15, 2023

Discover Financial Services is reportedly exploring the possibility of selling its student-loan business as part of its ongoing efforts to streamline operations following a series of regulatory issues. The unit, which holds a portfolio of private student loans valued at $10.2 billion, could attract interest from...

Acquisitions
Recharge Takes on Gaming Card Market With Startselect Acquisition
September 14, 2023

Prepaid payments platform Recharge has acquired digital gift card and gaming card firm Startselect. The deal positions Recharge to generate 750 million euros (nearly $800 million) in annual sales next year, the company said in a Thursday (Sept. 14) press release. “Consolidation has been a...

Acquisitions
European Commission Delays Decision on Amazon’s Acquisition of iRobot
September 11, 2023

European Union (EU) antitrust regulators have reportedly put a temporary halt to their investigation into Amazon‘s $1.7 billion acquisition of robot vacuum cleaner maker iRobot. The European Commission (EC), responsible for enforcing competition laws in the European Union, delayed its decision on the deal due to the absence of crucial...

Acquisitions
Smucker to Acquire Hostess Brands as Consumers Prioritize Sweet Treats
September 11, 2023

Smucker is sweetening its portfolio with the addition of Hostess Brands, the company best known for making Twinkies, as consumers continue to shell out for desserts amid ongoing budget pressures. On Monday (Sept. 11), The J. M. Smucker Co., parent of a range of popular...

Acquisitions
Ripple to Bolster Regulatory Licenses With Fortress Trust Acquisition
September 08, 2023

Ripple, a provider of enterprise blockchain and crypto solutions, has announced its agreement to acquire Fortress Trust, a financial institution specializing in licensed Web3 financial, regulatory and technology infrastructure for blockchain innovators. This move by Ripple aims to strengthen its position in the growing enterprise crypto...

Acquisitions
Thoma Bravo to Take NextGen Healthcare Private in $1.8 Billion Deal
September 05, 2023

Editor’s note: Updated with details of the confirmed deal.   Private equity firm Thoma Bravo is buying NextGen Healthcare and taking the company private in a deal that put the value of NextGen at $1.8 billion. The announcement made Wednesday (Sept. 6) sent NextGen’s stock up $14.48%...