Europe clears Facebook-Kustomer with API access commitments

The EU has cleared Meta/Facebook’s acquisition of CRM maker, Kustomer — accepting a set of commitments from the tech giant to allay competition concerns linked to the fact it also owns a suite of popular messaging apps frequently used by small businesses for customer outreach (aka Facebook Messenger, Instagram and WhatsApp).  The Commission said Meta […]

Hard cash and soft skills: How to successfully manage an acquisition

Companies make acquisitions for a host of reasons. Sometimes it’s about filling a hole in a product road map, or expanding market share, or finding good people. Finding the right company to acquire takes special talent. But once the deal is through, it takes skill and a deft hand to integrate the acquired company smoothly […]

If the $40B Nvidia-Arm deal is dead, what does it mean to big tech M&A?

News reports surfaced over the past 24 hours that the $40 billion Nvidia-Arm deal, which ranks among the most expensive tech deals ever, is in peril. Nvidia is reportedly ready to walk away due to regulatory pressure. The question is, what does it mean for tech M&A if this deal falls apart? Let’s not forget […]

FTC sues to block Lockheed Martin’s $4.4B deal to buy Aerojet Rocketdyne

The U.S. Federal Trade Commission (FTC) has filed suit to block the pending deal defense and aerospace giant Lockheed Martin has on the table to acquire Aerojet Rocketdyne. The proposed deal has a total value of $4.4 billion, made up of cash and debt, but the U.S. trade regulation agency argues that the combination of […]

Francisco Partners scoops up remains of IBM’s Watson Health unit

In what has to be considered an anticlimactic ending, IBM sold off the data assets of its Watson Health unit to private equity firm Francisco Partners today. The two firms did not share the purchase price, but previous reports pegged the value at around $1 billion. Under the terms of the deal Francisco is grabbing […]

Why Microsoft’s $2T+ market cap makes its $68B Activision buy a cheap bet

Even though consumer gaming constitutes a small fraction of its overall business, Microsoft’s announcement yesterday of its all-cash $69 billion deal to buy Activision Blizzard proves that the technology corporation takes the sector plenty seriously. It is easy to think that Microsoft should have invested the money into other, perhaps more lucrative businesses in its […]

OpenSea buys DeFi wallet startup Dharma Labs, appoints new CTO

NFT marketplace OpenSea is putting some of its freshly raised funds to good use, buying up crypto wallet startup Dharma Labs, the company announced today. The announcement follows a report earlier this month in Axios that detailed OpenSea was in talks to buy the startup for between $110 million and $130 million. Dharma’s Ethereum wallet […]

Social robotics company Furhat buys Sphero spin-out company Misty Robotics

Misty has had a hell of a journey of it. After raising $11.5 million from Foundry and Venrock, then crowdfunding its personal robot, the company hit a series of challenges. Today, Swedish social robotics company Furhat Robotics is offering the beleaguered startup a gentle landing in what the Swedish company says is an all-cash deal. […]

GoFundMe gets Classy (literally) with acquisition of nonprofit giving platform

GoFundMe announced today that it will acquire Classy, a nonprofit fundraising software company. This is an all equity deal, though the company did not disclose the financials. Anyone can make a GoFundMe, from a local food pantry to a community member in need. But Classy is more specialized, working directly with nonprofits. Since its 2010 […]