TechNews Report

Microsoft set to acquire Texas-based AI startup XOXCO

November 15, 2018
All, Mergers and Acquisitions, Start Ups and Innovations, Women in Action
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On Wednesday, Microsoft announced it’s acquiring chatbot startup XOXCO for an undisclosed amount. Founded in 2009 by Ben Brown and Katie Spence, XOXCO is a software product design and development studio. It…

Marketing platform Splio acquires customer engagement startup Gowento

November 10, 2018
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Paris-based marketing platform Splio has acquired the French tech startup Gowento, a mobile customer engagement platform. Founded in 2014, Gowento allows companies to promote themselves through mobile wallets, using existing apps on users’ smartphones. Headquartered in…

Ford buys electric scooter startup Spin

November 8, 2018
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Ford has acquired electric scooter startup Spin, Axios reports. The deal, according to a source close to the matter, was close to $100m. Axios had previously reported the price tag was around $40 million.…

Viithiisys Technologies acquires product development Startup Actiwate

November 2, 2018
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India's Viithiisys Technologies, a boutique IT consulting and Services Company, has acquired On-demand application development start-up Actiwate in an undisclosed amount. The acquisition was the result of Actiwate’s need to scale up…

IBM to buy Red Hat for $34B

October 29, 2018
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On Sunday, IBM announced it would pay a $34 billion in cash and debt to acquire enterprise open source provider Red Hat. Eclipsing Microsoft’s $26.2 billion acquisition of LinkedIn, this is…

Canadian adtech startup Cluep acquired for $40M

September 21, 2018
All, Mergers and Acquisitions, Start Ups and Innovations, Success Stories
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Toronto-based adtech startup Cluep raised less than $500,000 from angel investors before selling their company to Impact Group for $40 million ($53 million CAD) this week. Founded in 2012, Karan Walia, Sobi Walia…

Microsoft acquires AI startup Lobe

September 14, 2018
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On Thursday Microsoft announced it has acquired Lobe, a small San Francisco start-up that focuses on making it easy to train and deploy artificial intelligence models. Financial terms of the…

Branch acquires TUNE’s Attribution Analytics business

September 13, 2018
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Cross platform linking and measurement company Branch has acquired TUNE's Attribution Analytics platform and team. Seattle-based TUNE founded in 2009, helps ad platforms tie marketing investments to measurable outcomes. The…

Apple acquires Akonia Holographics – a startup focused on lenses for AR glasses

August 30, 2018
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On Wednesday, tech giant Apple Inc confirmed it had acquired Akonia Holographics, a startup focused on making lenses for augmented reality glasses. Terms of the deal were not made public. Akonia was…

Amazon-backed lending platform Capital Float buys consumer finance startup Walnut

August 22, 2018
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India-based lending platform Capital Float has been busy raising capital, having closed an Amazon-led $22 million extension to its $45 million Series C last year — now it’s putting some of that capital work after it…

Startup Spotlight: Interview with Matthew Elan Smith founder of Insuretech startup Pineapple

Pineapple (formerly Amyti) is a Johannesburg-based P2P insurer, and South Africa’s first P2P insurer. Founded… ∞

Startup Spotlight: Interview with Amber McDonald CEO of Indemnis

Unmanned Aerial Vehicles (UAVs), popularly known as drones, have been with us for a while.… ∞

Startup spotlight: Interview with Johannes Degn co-founder of Lynk

We had a chance to speak to Johannes Degn co-founder of Lynk a network of… ∞

Apply for this year’s Women4Climate Tech Challenge

The international C40 Women4Climate Tech Challenge, supported by C40 Cities and The VELUX Group, is back for the second year in… ∞

10 promising European startups founded by women

Despite the high disparity in the number of startups founded by men and women due… ∞

Apple to offer coding camps for women-founded startups

Apple will offer a two-week technology lab at its campus in Cupertino in which participants… ∞

UNICEF Funds 6 Blockchain Startups to solve global challenges

Announced Monday, UNICEF is investing $100,000 in six blockchain startups to “solve global challenges using blockchain technology,”… ∞

UK tech for good Startups receive £400k from The Social Tech Trust

Nine of the UK’s most promising ‘tech for good’ startups have received £400,000 of funding… ∞

Mergers and Acquisitions