Category Archives: Mergers and Acquisitions

Online news pioneer ‘Salon’ is sold for an undisclosed sum

  By Chantel Tattoli November 08, 2023 Salon, the left-leaning news and opinion website, is being sold to a team of French entrepreneurs behind the two-year-old Malta-based media company, Find.co, sources involved in the deal tell Fast Company. Salon was founded and staffed in 1995 by former San Francisco Examiner journalists as one of the … Continue reading Online news pioneer ‘Salon’ is sold for an undisclosed sum

Figma’s future is about far more than design—or getting acquired

  By Harry McCracken November 01, 2023 On September 15, 2022, Adobe made an announcement that took the tech world’s breath away, yet somehow had a whiff of inevitability to it. The software behemoth, long known for its acquisitiveness, had agreed to buy Figma, the wildly popular web-based platform for interface design, for $20 billion. … Continue reading Figma’s future is about far more than design—or getting acquired

HubSpot buying B2B data source ClearBit

HubSpot users will soon have direct access to ClearBit’s third-party data on millions of businesses. Updated with further commentary. Constantine von Hoffman on November 3, 2023 HubSpot announced today that it is buying B2B data provider ClearBit, bolstering the Boston-based CRM platform with third-party company data from millions of businesses. In addition to that HubSpot … Continue reading HubSpot buying B2B data source ClearBit

Omnicom acquires Flywheel Digital for e-commerce growth

Omnicom acquires Flywheel Digital for e-commerce growth Deanna Ritchie / Oct 30, 2023   Omnicom, a top-tier advertising conglomerate, has publicized its intention to buy prominent e-commerce company Flywheel Digital for an estimated net cash purchase price of around $ 835 million. This transaction represents the biggest buyout in Omnicom’s history. The acquisition of Flywheel Digital … Continue reading Omnicom acquires Flywheel Digital for e-commerce growth

Microsoft officially owns Activision Blizzard, ending a 21-month battle with regulators

Microsoft officially owns Activision Blizzard, ending a 21-month battle with regulators The blockbuster $68.7 billion deal has finally closed after the companies cleared antitrust hurdles. Kris Holt   Fri, Oct 13, 2023 NurPhoto via Getty Images The biggest acquisition in gaming history and one of the largest in the tech industry is in the books. … Continue reading Microsoft officially owns Activision Blizzard, ending a 21-month battle with regulators

Intel walks away from its $5.4 billion takeover of Tower Semiconductor

Intel is acquiring Tower Semiconductor for $5.4 billion   Mariella Moon   @mariella_moon Intel could soon announce a nearly $6 billion acquisition that would give its fledgling foundry business a boost, according to The Wall Street Journal. The chip giant is reportedly close to clinching a deal to purchase Israeli chip company Tower Semiconductor, and … Continue reading Intel walks away from its $5.4 billion takeover of Tower Semiconductor

The Brandtech Group Acquires GAI Company, Announces Platform Launch Partners Unilever, Bayer

The Brandtech Group Acquires GAI Company, Announces Platform Launch Partners Unilever, Bayer by Laurie Sullivan  @lauriesullivan, June 15, 2023 The Brandtech Group has acquired Pencil, a generative artificial intelligence (GAI) creative and distribution software as a service (SaaS) platform, with plans to introduce an enterprise-level GAI product, Pencil Pro, to support global brands. Pencil has generated … Continue reading The Brandtech Group Acquires GAI Company, Announces Platform Launch Partners Unilever, Bayer