RentPath won’t be acquired by CoStar Group, choosing to terminate the agreement, a press release stated, after the Federal Trade Commission (FTC) decided to sue to block the deal. The FTC filed the suit because it said RentPath presented a competitive alternative to CoStar, which...
Avalara, a tax compliance software firm with a focus on the business sector, said on Tuesday (Dec. 29) that it has struck a deal to buy INPOSIA Solutions GmbH. The Seattle-based firm, which did not disclose the purchase price, said in a press release that...
Medical care management platform HealthEdge Software is acquiring the cloud-based healthcare solutions firm Altruista Health for an undisclosed amount. HealthEdge’s HealthRules Payor solution will complement Altruista’s GuidingCare tool to streamline healthcare management functions and coordinate resources, the companies said in a press release on Tuesday...
With an eye on the future of travel, J.P. Morgan Chase has agreed to acquire the rewards division of cxLoyalty Group Holdings, the companies announced in two press releases Monday (Dec. 28). The price of the transaction was not disclosed, but the deal is expected...
FedEx Corp. said on Monday (Dec. 28) that it has finished its purchase of ShopRunner, which had been announced in the past. The logistics company said that ShopRunner’s functions complement and grow its eCommerce portfolio and are anticipated to “create increased value for brands, merchants...
The highly competitive streaming-audio industry could be starting the New Year with some consolidation, a new report suggests. Jack Dorsey — the billionaire CEO of Square and Twitter — is said to be interested in buying TIDAL, the audio service owned by billionaire music legend Jay-Z....
PayPal has dropped its bid to acquire bitcoin wallet purveyor BitGo but remains interested in investing in the cryptocurrency space, Fortune reported. PayPal’s pursuit of BitGo became public in October, though neither company would confirm they were holding talks. At the time, according to Bloomberg...
Paychex, which provides solutions for HR, payroll, benefits and insurance, is offering users of Clover, a business management platform from Fiserv, the chance to streamline payroll services as well as time and attendance management, according to a press release. With Paychex Flex, now available via...
Investors have spent over $1 billion this year on buying up successful small businesses to try and create new digital conglomerates, according to the Financial Times. They have targeted businesses that became successful through Amazon with the pandemic’s digital shift all year, the report says,...
