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Edtech Startup Brainly acquires Bask

Brainly, the edtech startup founded out of Poland but now with a HQ in New York, has acquired Bask to add video to its peer-to-peer learning platform. Terms of the deal remain undisclosed. However, the acquisition has more than a whiff of acqui-hire to it, with Bask’s co-founder and CEO, Ryan Metzger, and Head of… Read More »

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British online publishing company buys Las Vegas startup Tech.co

A British online publishing company has bought a Downtown Project-funded Las Vegas startup Tech.co. Tech.Co, known for its networking events, is now part of MVF, based in London, the companies said in statements earlier this month. Terms of the acquisition were not disclosed. “Tech.Co is not finished,” Tech.Co co-founder Frank Gruber wrote online. “This amazing… Read More »

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SoFi Buys Teams From Mortgage Startup Clara

Social Finance Inc. has acquired the engineering and product teams of mortgage startup Clara Lending, bolstering the financial technology company’s offerings beyond student-loan refinancing, according to people familiar with the matter. Anthony Noto, who has served as Twitter’s COO since 2014 will now become was Twitter’s Become SoFi CEO. In just over six years, SoFi… Read More »

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Ford Acquires Two More Startups In Mobility Push

Ford Motor is acquiring two software startups and restructuring its two-year-old transportation subsidiary, Ford Smart Mobility, as it continues a strategy to expand beyond its traditional business of making and selling cars. The giant car manufacturer purchased Autonomic and TransLoc, and conducted a major reshuffling of its mobility-services group. Autonomic is a cloud-services startup that… Read More »

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Deloitte buys cloud management startup ATADATA

Deloitte subsidiary Deloitte Digital announced this week that it acquired Atlanta-based ATADATA, makers of a cloud platform that maps, migrates and manages workloads in both on-premise and cloud environments. Terms of the deal were not disclosed. ATADATA is known for its cloud management and automation platform named ATAsphere. According to Deloitte, the platform will expand… Read More »

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Amazon acquires Cambridge-based cybersecurity firm Sqrrl

Amazon’s cloud business has acquired cybersecurity start-up Sqrrl, making it the second Boston-area startup to get scooped up by the Seattle tech giant in as many months. The Information reported that Sqrrl has been acquired by Amazon Web Services, the cloud infrastructure subsidiary of Amazon, citing multiple sources familiar with the deal. Terms of the… Read More »

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Facebook acquires biometric ID verification startup

Facebook has acquired a Boston-based identity verification startup named Confirm that specializes in remotely verifying IDs like drivers licenses. The startup offers an application programming interface (API) that helps verify government-issued identification cards.   Confirm, which was founded in 2015, announced the news in a note on its website. The note said that Confirm’s “current… Read More »

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Uber Eats acquires food delivery startup Ando

According to TechCrunch, Ando, the delivery-only restaurant started by David Chang last year, has been acquired by Uber Eats. The startup will cease delivery of its gooey cheesesteak sandwiches and crunchy chicken fingers in New York City (its only service location) as it begins to merge with the ride-hail giant’s food delivery service. “Starting Jan… Read More »

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Payroll giant ADP acquires worker management startup WorkMarket

Payroll automation giant ADP has acquired a well-funded startup called WorkMarket Inc. in a deal announced on Monday. New York-based WorkMarket provides a platform through which a company can centrally manage contractors and the other segments of its talent pool. At the core of the service is a task assignment mechanism that automatically identifies personnel with… Read More »

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French e-commerce company Akeneo buys Israeli AI startup Sigmento

On Thursday, French e-commerce company Akeneo announced it had acquired Sigmento, an Israeli startup that uses artificial intelligence and machine learning to help online vendors better describe their products. Akeneo, which has raised $15 million to date in venture capital funding, has developed open source product information management software that increases the amount of data that it is possible… Read More »

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