Anya Babbitt gets to keep her company. Mostly. Following nine months of negotiations, she, and her board, agreed last week to sell her startup Splitting Fares Inc., doing business as SPLT, to German automotive conglomerate Robert Bosch GmbH - with the caveat that the Detroit-based corporate ride-sharing software firm be an independent subsidiary.
Tech's biggest-ever takeover deal is now officially off the table, and there's no shortage of speculation about what might happen next. Dead deal: Broadcom withdrew its $117 billion offer to acquire Qualcomm this morning. Next for Broadcom: It says it will continue with its plans to relocate its HQ to the US.
NEW YORK, NY, March 14, 2018 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (OTCQX: WEYL; the "Company" or "Weyland"), a provider of mobile business applications, today confirmed that it has received a non-binding acquisition proposal from its recently announced strategic partner, China's DDBill Payment Co., Ltd ("DDBill") which operates China's fourth largest payments gateway Dinpay (www.dinpay.com , English: us.dinpay.com ) and Dinpay Technology Group Ltd.
Credit Karma, the credit-checking startup that's valued at over $3 billion, has acquired a young personal finance company, Penny, the companies tell Recode. Penny is like other apps that allow users to track their cash and spending habits.
Amazon is on an unprecedented acquisition spree, dropping $15 billion since the start of last year and buying up companies at its fastest pace since the height of the dot-com era. With just a single buy, 2018 is already one of Amazon's biggest years for acquisitions ever.
Plixer, a computer network analytics provider based in Kennebunk, says it is poised for significant growth after being acquired by Battery Ventures, a technology-focused Boston investment firm. Founded in 1999, Plixer has 54 employees and provides services to more than 3,000 customers in 108 countries, said Bob Noel, the company's director of strategic relationships and marketing.