Acquisition

An asset or object bought or obtained, typically by a library or museum.

Source: merriam-webster.com

Commercial InsurTech Bold Penguin Buys xagent To Expand B2B Range
Commercial InsurTech Bold Penguin Buys xagent To Expand B2B Range
January 02, 2020  |  B2B Payments

The commercial InsurTech Bold Penguin is acquiring excess and surplus brokerage tech platform xagent so it can scale service to insurance carriers, brokers and agents,...

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Salesforce Founder Calls Facebook ‘Cigarettes’ Of Society
Salesforce Founder Calls Facebook ‘Cigarettes’ Of Society
December 30, 2019  |  Partnerships / Acquisitions

Marc Benioff, the billionaire founder of Salesforce, said he bought TIME magazine because he sees a “crisis of trust,” and he called Facebook the new...

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Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy
Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy
December 29, 2019  |  Partnerships / Acquisitions

Careem, an Egyptian domestic rival to U.S.-based Uber, is set to be acquired by their global competition giant. Regulators approved the $3.1 billion deal after...

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DraftKings To Merge, IPO At A $3.3B Market Value
DraftKings To Merge, IPO At A $3.3B Market Value
December 23, 2019  |  IPO

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company is...

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SMB Payroll Outfit P&I Re-Acquired By Hg
SMB Payroll Outfit P&I Re-Acquired By Hg
December 23, 2019  |  B2B Payments

U.K. private equity firm Hg is reportedly set to acquire small business payroll software company Personal & Informatik (P&I) several years after first acquiring the...

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Mastercard Acquires RiskRecon To Boost Cybersecurity
Mastercard Acquires RiskRecon To Boost Cybersecurity
December 23, 2019  |  Security & Fraud

Mastercard is purchasing artificial intelligence (AI) and analytics startup RiskRecon to accelerate the development of cybersecurity solutions, Mastercard announced on Tuesday (Dec. 23). Cyberattacks have...

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Facebook Buys Video Shopping Startup For Marketplace
Facebook Buys Video Shopping Startup For Marketplace
December 20, 2019  |  Facebook

Earlier this year, Facebook acquired Packagd, a five-person startup that was building a shopping aspect for YouTube videos, according to a report by Bloomberg. The...

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Ant Financial Buys Stake In Vietnamese eWallet eMonkey
Ant Financial Buys Stake In Vietnamese eWallet eMonkey
December 20, 2019  |  Mobile Payments

China’s Ant Financial has negotiated an unannounced strategic investment in Vietnam’s eWallet startup eMonkey, Reuters reported on Friday (Dec. 20) citing sources. Ant’s parent Alibaba...

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PayPal Now Holds 70 Pct. Stake In China’s GoPay
PayPal Now Holds 70 Pct. Stake In China’s GoPay
December 19, 2019  |  Partnerships / Acquisitions

PayPal has acquired a 70 percent equity stake in Guofubao Information Technology (GoPay) and will head to China as their first foreign online-only payments platform,...

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