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AMD has acquired the silicon photonics startup eNosemi to enhance its capabilities in artificial intelligence. This strategic move aims to leverage silicon photonics technology for improved performance and efficiency in AI applications. The acquisition is part of AMD's broader efforts to strengthen its position in the competitive AI market.
Revolut is considering the acquisition of a US bank to obtain a banking license, which would enable it to expand its services in the United States. This move reflects the company's strategy to strengthen its presence in the competitive fintech market.
Palo Alto Networks has acquired CyberArk for $25 billion, aiming to enhance its identity security offerings amid the rise of AI. Despite the strategic benefits, Palo Alto's stock fell over 5% post-announcement, raising concerns about the timing and implications of the merger in light of the companies' differing growth trajectories.
Ripple proposed acquiring Circle, the issuer of USDC, for $4 billion to $5 billion, but Circle deemed the offer insufficient and rejected it. This development highlights ongoing dynamics in the stablecoin market and Ripple's strategic interests.
Clanker’s founder has declined an acquisition proposal from Rainbow for their Base token launchpad. Rainbow's CEO, Alex LaPrade, remarked that the decision is in the best interest of Clanker’s team and its holders. The article provides updates on the proposal and Rainbow's comments regarding the transaction.
Snowflake has acquired Crunchy Data for $250 million, while Databricks has purchased Neon for $1 billion, indicating a growing competition in the AI database sector. These strategic acquisitions highlight the increasing demand for advanced database solutions in the evolving tech landscape.
Meta is reportedly in discussions to acquire Play AI, a startup specializing in voice cloning technology. The acquisition aims to enhance Meta's capabilities in artificial intelligence and voice technologies, potentially integrating these advancements into their existing platforms.
OpenAI has acquired the AI-powered personal finance app Roi, which will cease operations on October 15, 2025. The acquisition aims to leverage Roi's innovative approach to financial management and its founder's expertise to enhance OpenAI's personalized AI tools, although it reflects the ongoing challenges within the fintech and AI industries regarding trust and ethical concerns.
GitHub is set to be fully integrated into Microsoft’s organizational structure, with CEO Thomas Dohmke announcing his departure to pursue new ventures. He will remain until the end of 2025 to assist with the transition, as GitHub's leadership will report to multiple executives within Microsoft's CoreAI division. GitHub was acquired by Microsoft in 2018 for $7.5 billion.
Epic Games has acquired Loci, a company specializing in 3D tagging technology, to enhance its Unreal Engine offerings. This acquisition aims to improve how developers create and manage virtual environments by enabling more efficient tagging and organization of 3D assets. The integration of Loci's technology is expected to streamline workflows for game developers and enhance user experiences in immersive spaces.
CoreWeave is set to acquire Core Scientific in an all-stock deal valued at approximately $9 billion, enhancing its infrastructure for artificial intelligence while eliminating $10 billion in lease obligations. The transaction, pending regulatory approval, will significantly expand CoreWeave's data center capacity and may allow for the transformation of Core Scientific's cryptocurrency business to support AI workloads. Core Scientific shareholders will receive CoreWeave shares, valuing their stake at a premium.
Databricks will acquire database startup Neon for approximately $1 billion, aiming to enhance its appeal to businesses developing artificial intelligence agents. The acquisition addresses challenges in connecting necessary data for AI applications, particularly as more AI agents take on coding and task execution roles.
OpenAI is in discussions to acquire Windsurf, an AI coding tool, for around $3 billion, as it seeks to maintain its competitive edge in the generative AI sector against rivals like Google and Anthropic. This potential acquisition would mark OpenAI's largest to date, following a recent $40 billion funding round that elevated its valuation to $300 billion. Windsurf is gaining popularity among developers for its AI-driven coding assistance capabilities.
Founder retention is crucial in AI startups, as the departure of key founders can jeopardize investor interests and company integrity. Investors should prioritize understanding founder commitment and mindset, focusing on long-term relationships rather than short-term gains, to mitigate risks associated with potential poaching by larger tech firms. Legal protections are inadequate if founders choose immediate financial rewards over their company’s future.
Goldman Sachs is set to acquire venture capital firm Industry Ventures for $665 million in cash and equity, with potential additional payments based on future performance. The acquisition aims to enhance Goldman’s alternatives investment platform and provide better investment opportunities for clients in the tech sector. The deal is expected to close in early 2026, with all of Industry Ventures' employees joining Goldman.
CoinDCX's CEO Sumit Gupta has dismissed rumors of a potential acquisition by Coinbase, emphasizing the company's commitment to India's crypto market. A report suggested that Coinbase might acquire CoinDCX for under $1 billion, reflecting a significant decrease from its 2021 valuation of $2.2 billion. CoinDCX recently dealt with a security breach but confirmed that assets remained safe.
Meta is set to purchase chip startup Rivos to enhance its custom semiconductor capabilities, particularly for AI systems. The acquisition will support Meta's development of the Meta Training and Inference Accelerator (MTIA) and follows the company's previous reliance on Nvidia for AI chips. Rivos was valued at approximately $2 billion and has been a significant partner for Meta.
NYDIG has called for the removal of the misleading mNAV metric used by bitcoin treasury companies, arguing that it does not accurately reflect the value of firms with operational businesses and relies on potentially inaccurate assumed shares outstanding. The discussion was prompted by Strive Asset Management's acquisition of Semler Scientific, which combined their holdings of over 10,900 BTC and raised concerns about how investors evaluate bitcoin treasury firms.
Apple executives are reportedly in discussions about acquiring the AI startup Perplexity to enhance their artificial intelligence capabilities. The potential acquisition aligns with Apple's strategy to bolster its presence in the AI space amidst growing competition.
Fireblocks has acquired Dynamic, a company specializing in blockchain security and compliance solutions. This acquisition aims to enhance Fireblocks' offerings in the cryptocurrency space by integrating Dynamic's technology and expertise.
Cognition, the developer of an AI coding agent named Devin, has announced its acquisition of Windsurf, a company specializing in software development tools. This strategic move aims to enhance Cognition's capabilities in AI-driven programming solutions and expand its market reach.
Jony Ive will lead OpenAI's design efforts following the acquisition of his design firm for $6.5 billion. This move is expected to enhance OpenAI's user experience and product design capabilities as they continue to expand their influence in the AI sector.
Coinbase and Mastercard are in a bidding war for the stablecoin startup BVNK, with the sale price estimated between $1.5 billion and $2.5 billion. Following the recent passage of the GENIUS Act, interest in stablecoin firms has surged, positioning Coinbase as the frontrunner in the acquisition.
Amazon has acquired Bee, an AI wearable technology designed to record everything a user says. This acquisition aims to enhance Amazon's capabilities in voice recognition and personal assistant technology, potentially integrating it into their existing ecosystem of devices and services.
Fidelity National Information Services (FIS) has acquired fintech Amount, which specializes in deposit and loan origination software, enhancing FIS's digital transformation efforts and service offerings for banks and credit unions. Despite previous workforce reductions at Amount, the acquisition aims to integrate its platform into FIS's existing systems to improve client capabilities and customer experiences. FIS's CEO has indicated a strategy for further acquisitions in the near future.
Airtable has appointed David Azose, a former OpenAI leader, as its new CTO and acquired DeepSky, an AI superagent designed for complex research and analysis. These strategic moves aim to enhance Airtable's evolution into a multi-product, AI-native company, enabling seamless integration of AI capabilities into business workflows.
Polymarket is planning to return to the U.S. after acquiring QCEX, enabling American users to trade prediction market contracts with regulatory compliance. The platform gained popularity during the 2024 presidential election but had been restricted from operating in the U.S. for several years. CEO Shayne Coplan emphasized the goal of becoming a fully regulated platform, potentially impacting the U.S. sports betting landscape.
Coinbase has announced its acquisition of Deribit, the largest trading platform for bitcoin and ether options, in a deal valued at approximately $2.9 billion. This strategic move enhances Coinbase's position in the cryptocurrency market as it seeks to expand its offerings and capabilities.
Meta's CEO Mark Zuckerberg has intensified his AI hiring strategy by acquiring Safe Superintelligence's CEO Daniel Gross and former GitHub CEO Nat Friedman, following an unsuccessful attempt to purchase the startup. This move is part of a broader $14.3 billion investment in AI talent, amidst escalating competition among major tech companies to develop advanced artificial intelligence technologies. The partnership will also involve Meta gaining a stake in Gross and Friedman's venture capital firm, NFDG.
Revolut is considering hiring an adviser to explore potential acquisition opportunities in the United States. This move comes as the fintech company seeks to expand its footprint and enhance its market position in the competitive U.S. financial services landscape.
Marqeta has completed its acquisition of TransactPay, enhancing its card program management capabilities in Europe. This strategic move aims to simplify digital payments for customers and support their expansion into European markets, amidst growing processing volumes in the region.
OpenAI has acquired Software Applications Incorporated, the developer of an AI interface for Mac called Sky, which allows users to interact using natural language for various tasks. All 12 members of the Software Applications team will join OpenAI, furthering the company's integration of AI into everyday tools. This acquisition is part of OpenAI's recent trend of strategic purchases to enhance its offerings.
Speculation is growing regarding Apple's potential acquisition of Mistral, a prominent French AI company known for its large language models. As Mistral navigates its future amidst increasing interest from tech giants, the discussions highlight the competitive landscape in Europe's AI sector.
VMware's recent acquisition strategy, heavily financed through debt, is threatening the sustainability of open source projects by undermining community-driven development and leading to the closure of key repositories. This financial maneuver, valued at $69 billion, sets off a domino effect that could have long-term negative impacts on innovation in the tech industry.
Western Union has announced its acquisition of Intermex, a company specializing in payment transfers to Latin America and the Caribbean, for approximately $500 million. The deal, which values Intermex shares at $16 each, is expected to enhance Western Union's earnings and facilitate expansion in high-growth markets.
ServiceNow has acquired Data World, marking its second acquisition in a short span after purchasing Moveworks. This move is part of ServiceNow's strategy to enhance its capabilities in data management and analytics.
Check Point has acquired Lakera to enhance its capabilities in AI-driven security solutions, aiming to build a unified AI security stack. This acquisition is part of Check Point's strategy to address evolving cybersecurity threats with advanced technology.
Grammarly has acquired the AI email client Superhuman, aiming to enhance its productivity offerings. This acquisition is expected to integrate Superhuman's advanced email capabilities with Grammarly's writing assistance tools, providing users with a more streamlined communication experience.
The dbt Fear Index has surged amid rumors of a potential Fivetran acquisition, leading to a significant increase in dbt forks as data engineers seek to maintain control over their projects. While many may never use these forks again, the situation highlights concerns over platform risks and the importance of dbt-core in modern data pipelines. Observers are curious about the implications of the acquisition rumors and the broader response within the data community.
Atlassian has agreed to acquire The Browser Co., known for its AI-driven web browsers, for $610 million, aiming to enhance its product offerings. The startup's Arc and Dia browsers focus on improving user experience for professionals, although adoption of specialized features has been limited. Atlassian's CEO envisions integrating these innovations with the company's enterprise solutions.
Coinbase has acquired the founders of Sensible to strengthen its onchain consumer roadmap and simplify access to decentralized finance (DeFi) applications. This move aims to make borrowing, staking, and earning rewards more accessible to a broader audience, positioning Coinbase as a comprehensive financial platform.
Meta has acquired Waveforms, an AI audio startup, to enhance its audio technology and offerings. This acquisition is expected to bolster Meta's capabilities in creating advanced audio experiences for its platforms.
Meta held talks with AI startup Runway regarding a potential acquisition as part of its broader strategy to enhance its AI capabilities, particularly following a significant investment in Scale AI. However, the discussions did not advance and ultimately fell through. Meta has been actively pursuing AI talent and startups to strengthen its position in the sector.
Capital One has completed its acquisition of Discover Financial Services for $35 billion, marking a significant move in the financial services industry. The deal is expected to enhance Capital One's market position and expand its customer base.
Stripe has acquired FinTech startup Orum.io, which specializes in frictionless money movement using machine learning to enhance payment routing across various systems. This acquisition is part of Stripe's broader strategy to innovate and improve payment speed and efficiency, following a series of other acquisitions in recent months. The financial details of the deal remain undisclosed.
Global Payments is considering further divestitures following its $24.25 billion acquisition of Worldpay, as the company reassesses its portfolio strategy. CEO Cameron Bready indicated that the integration process is already underway, while the company's financial results show a decline in operating income and revenue. Analysts express skepticism over Global Payments' ability to compete effectively against rivals in the evolving payments landscape.
Former CEO Anne Wojcicki has successfully pushed for a higher purchase price for 23andMe, now reaching $305 million, after the company initially planned to sell to Regeneron for $256 million. This bid comes after Wojcicki's earlier offer of $40 million prior to the company's bankruptcy filing in March.
Atlassian has acquired The Browser Company, aiming to develop a browser tailored for knowledge workers. The new browser, Dia, will enhance productivity by integrating with SaaS applications, incorporating AI features, and prioritizing security to improve the work experience in the AI era.
Soho House has reached an agreement to be acquired in a deal worth $2.7 billion, transitioning the company into private ownership. This move reflects ongoing consolidation trends within the hospitality industry, particularly among luxury brands.
The article discusses the implications of Stripe's acquisition of Bridge for the fintech industry and the role of stablecoins. It analyzes how this move may influence market dynamics, regulatory considerations, and the future of financial transactions. The acquisition is positioned as a significant step in enhancing the capabilities of digital payments and cryptocurrency integration.
NSO Group, the controversial spyware manufacturer, has confirmed its acquisition by a group of U.S. investors. This move raises concerns regarding the implications for privacy and surveillance practices as the company continues to operate in a contentious industry.
Qualcomm is acquiring Arduino, the Italian company known for its open-source microcontrollers, while ensuring that Arduino retains its brand and mission. This acquisition aims to empower a diverse community of users by providing access to Qualcomm's technology and resources. The first product from this collaboration will be the Arduino Uno Q, a new single-board computer featuring Qualcomm's QRB2210 processor.
Figma has announced the acquisition of Payload, a platform focused on building collaborative documentation tools. This move aims to enhance Figma's capabilities by integrating Payload's features, thereby improving user workflows and collaboration in design processes. The acquisition signifies Figma's commitment to expanding its product suite and fostering innovation in design collaboration.
OpenAI has officially acquired Software Applications Incorporated, known for its product Sky. The acquisition was led by Nick Turley and Fidji Simo, with oversight from OpenAI's independent Transaction and Audit Committees. More updates on the integration of Sky’s capabilities are expected soon.
Gusto has acquired Guideline for $600 million, marking a significant move in the tech industry. Following the acquisition, Gusto plans to divest customers associated with competitors to streamline operations and focus on its core services.
OpenAI has reached an agreement to purchase the AI-assisted coding tool Windsurf for approximately $3 billion, as reported by Bloomberg News. The deal is still pending finalization, and both companies have refrained from commenting on the acquisition.
Global Payments is selling its payroll software business, currently known as Heartland Payroll Solutions, to Acrisure for $1.1 billion while maintaining a commercial agreement to provide HR and payroll services to its clients. The deal is expected to close in the second half of the year, and Acrisure plans to expand the unit's workforce and services. This sale aligns with Global Payments' strategy to streamline operations and focus on its core payments services.
Aave Labs has acquired Stable Finance to enhance its consumer-focused products in decentralized finance (DeFi). With Mario Baxter Cabrera becoming the Director of Product and the Stable engineering team joining Aave, the aim is to leverage Stable's technology to create user-friendly financial solutions, particularly in stablecoin savings. The existing Stable app will be phased out as its technology is integrated into future Aave products.
Ripple has announced its acquisition of prime broker Hidden Road for $1.25 billion, a significant move to bolster its institutional presence and stablecoin initiatives. The deal, which is pending regulatory approval, will enhance Hidden Road's operations and integrate Ripple's U.S. dollar-backed stablecoin, RLUSD, into its platform, showcasing Ripple's commitment to bridging traditional finance and digital assets.
OpenAI is reportedly considering acquiring Jony Ive and Sam Altman's AI hardware startup, which could enhance its capabilities in AI design and hardware integration. This move aligns with OpenAI's ongoing efforts to innovate and expand its technological offerings in the AI landscape.
Kraken has acquired the derivatives platform Small Exchange from IG Group for $100 million, enabling the launch of a U.S.-based derivatives product suite. This acquisition will enhance Kraken's regulatory compliance and market structure by integrating various trading products under CFTC oversight. The deal is part of Kraken's broader strategy to expand its operations and improve trading efficiency in the U.S. market.
Lloyds Banking Group is reportedly in negotiations to acquire the fintech company Curve for approximately £138 million. This acquisition aligns with Lloyds' strategy to enhance its digital banking capabilities and diversify its financial services offerings.
Robinhood has completed its acquisition of Bitstamp, a global cryptocurrency exchange, enhancing its crypto offerings and expanding its reach into international markets. This strategic move allows Robinhood to introduce its first institutional crypto business while leveraging Bitstamp's established reputation and customer base across multiple regions.
Perplexity, an AI startup, has made an unsolicited offer of $34.5 billion to acquire Google's Chrome browser, aiming to capitalize on the current uncertainties surrounding the tech giant. This bold move has sparked discussions about market dynamics and the future of web browsing in an increasingly AI-driven landscape.
Jony Ive, the former Apple design chief, is taking on a significant position at OpenAI, where he will oversee various projects, including future iterations of ChatGPT and AI-powered devices. OpenAI is acquiring his startup, io, in a deal valued at $6.5 billion, marking a new chapter in the intersection of design and artificial intelligence.
Perplexity AI has made a $34.5 billion unsolicited offer to acquire Google's Chrome browser, aiming to position itself as a viable alternative in light of ongoing antitrust scrutiny against Google. This move could indicate to the court that there is market interest in Chrome, as a U.S. judge deliberates on potential remedies for Google's monopolization of the search market.
Payroc WorldAccess is acquiring LedgerPay, a cloud-based payments processor, to enhance its end-to-end processing capabilities for major card brands and debit networks. This acquisition, described as a "game-changer" by Payroc's CEO, is part of the company's ongoing strategy to grow through acquisitions, following a significant purchase last year of i3 Verticals' payments division. The deal is expected to close in the third quarter, with plans to retain LedgerPay employees for seamless integration.
Fiserv has announced its acquisition of Brazilian fintech Money Money to enhance its Clover point-of-sale unit, aiming to provide better financing options for small businesses in Brazil. The deal will integrate Money Money's capital services with Clover's offerings, expanding their reach in the market. Fiserv expects the acquisition to close in the second quarter of this year.
Circle's acquisition of the tokenization startup Hashnote was valued at approximately $100 million, according to recent IPO filings. The deal included $9.9 million in cash and nearly 2.9 million shares, with additional shares contingent on employee vesting conditions. Circle aims to raise about $600 million through its upcoming IPO.
Anthropic has acquired the team from Humanloop as competition for enterprise AI talent intensifies. This move highlights the growing demand for skilled professionals in the AI sector, as companies strive to enhance their capabilities and remain competitive. The acquisition reflects a strategic shift towards building stronger AI solutions for businesses.
A coalition of buyers for TikTok is set to include major tech firms such as Oracle and Silver Lake, alongside venture capitalist Marc Andreessen. This group aims to explore a potential acquisition of the popular social media platform, which has faced scrutiny over its data privacy practices and national security concerns. The involvement of these influential companies signals strong interest in TikTok's future amidst ongoing regulatory challenges.
Insights into Mark Zuckerberg and Facebook executives' perspectives on Instagram prior to its acquisition reveal strategic motivations and expectations surrounding the purchase. Their comments highlight the platform's potential for growth and integration within Facebook's ecosystem, underscoring the importance of visual content in social media.
Jony Ive will head OpenAI's design efforts following the $6.5 billion acquisition of his company. This move marks a significant shift in the intersection of artificial intelligence and design, aiming to enhance user experience in OpenAI's products.
Alchemy has acquired DexterLab, a prominent infrastructure provider for the Solana ecosystem, to enhance its enterprise-grade services. The acquisition aims to leverage DexterLab's expertise in managed web3 services and real-time data solutions, further boosting Alchemy's capabilities beyond Ethereum.
Stripe is creating a stablecoin-based product targeting customers outside the US, EU, and UK, utilizing technology from its recent $1.1 billion acquisition of Bridge. The product is in the testing phase, with Stripe seeking customer feedback on its features and functionality.
Ripple is set to acquire the stablecoin payments platform Rail for $200 million as part of its strategy to enhance its stablecoin infrastructure. This move follows significant investments in the cryptocurrency sector and aims to bolster the utility of its own stablecoin, RLUSD, which launched last year.
Zscaler plans to enhance its security-operations capabilities by acquiring Denver-based managed detection and response (MDR) firm Red Canary. The deal will integrate Red Canary's technology for continuous human monitoring and incident response into Zscaler's zero-trust cloud environment, with the transaction expected to be finalized in August.
Airwallex has acquired billing platform OpenPay to enhance its services and compete directly with Stripe Billing. OpenPay offers features such as subscription management and payment orchestration, which Airwallex aims to leverage to create a global billing platform designed for modern multi-currency needs.
Google has secured a significant deal to acquire AI talent by bringing on Varun Mohan, the CEO of Windsurf, along with other senior employees, in exchange for $2.4 billion in licensing fees. This move intensifies the competition for AI talent as Windsurf continues to develop its coding technology independently, despite earlier acquisition talks with OpenAI. The trend reflects a broader pattern among tech giants like Meta, Amazon, and Microsoft in recruiting top AI professionals.
Mountain Protocol has signed a definitive agreement to be acquired by Anchorage Digital, aiming to enhance stablecoin offerings amid increasing institutional demand. As part of the acquisition, Mountain USD (USDM) will undergo a wind-down process, with minting disabled by May 12, 2025, while ensuring a smooth transition for USDM holders. Both companies plan to leverage their strengths to support the growing global adoption of stablecoins.
Stripes' first employee, who founded the fintech company Increase, has made a significant move by acquiring a bank, although the transaction has nuances that suggest it might not be a straightforward purchase. This development highlights the growing trend of traditional banking operations being integrated with tech-driven financial solutions.
Robinhood is set to purchase Canadian cryptocurrency company WonderFi for approximately C$250 million ($178.98 million), aiming to expand its international presence. The acquisition values WonderFi at a 41% premium over its recent stock price, despite its year-to-date decline on the Toronto exchange.
A fintech founder recently made headlines by turning down a $200 million acquisition offer, citing a commitment to his company's vision and values as the primary reason for his decision. He expressed confidence in the long-term potential of his startup and believes that maintaining control will allow for greater innovation and impact in the industry. The founder emphasizes the importance of aligning personal and business goals over financial gain.
Fifth Third Bank has announced its acquisition of Comerica in a deal valued at $10.9 billion, aiming to strengthen its presence in key markets and enhance growth opportunities. This strategic move is part of Fifth Third's broader plan to expand its services and customer base across the United States.
Salesforce is acquiring Informatica, a leading enterprise data management and analytics company, for approximately $8 billion to enhance its data management capabilities and support its AI initiatives. The deal is part of Salesforce's strategy to strengthen its position in the enterprise data market, following a trend of significant acquisitions aimed at boosting growth and innovation. Informatica's tools will integrate with Salesforce's existing platforms to enable advanced data governance and management solutions.
Apple is set to replace its Game Center app with a new acquisition from the developers of the game "Sneaky Sasquatch." This move signifies Apple's continued investment in enhancing its gaming ecosystem and user engagement through innovative applications.
Perplexity AI has made a $34.5 billion unsolicited all-cash offer for Alphabet's Chrome browser, aiming to leverage its vast user base amid the competitive AI search landscape. The startup, which has previously made significant offers, seeks to maintain the browser's open-source nature and keep its default search engine unchanged, while Google is expected to resist the sale due to its importance in the company's AI strategy.
Fivetran has acquired Tobiko Data, enhancing its capabilities in automated data transformation with advanced, AI-ready features. The integration of Tobiko's technology aims to improve the efficiency and speed of data processing, allowing customers to deliver trusted data more rapidly. This acquisition follows Fivetran's previous expansion into reverse ETL with the purchase of Census earlier this year.
Apple is considering acquiring Perplexity AI to enhance its AI capabilities and develop an AI-powered search engine. Internal discussions are ongoing, but no formal offer has been made yet. Alternatively, Apple may pursue a partnership with Perplexity instead of a full acquisition.
Ripple is set to acquire stablecoin payments firm Rail for $200 million to enhance its RLUSD stablecoin offerings. The Toronto-based company provides virtual accounts and automated systems, allowing seamless digital asset transactions, and the deal is expected to close in the fourth quarter of this year. With this acquisition, Ripple aims to strengthen its position in the expanding stablecoin ecosystem.
Global Payments has reached an agreement to purchase Worldpay from FIS and GTCR for $24.25 billion, enhancing its focus on merchant services. The deal includes Global selling its issuer solutions unit to FIS for $13.5 billion, allowing both companies to streamline their offerings and target specific market segments.
Acorns has acquired EarlyBird, a digital memory platform focused on family wealth. This acquisition aims to enhance Acorns' offerings by integrating family-oriented financial planning and savings tools for children's futures. The move highlights the growing trend of combining financial technology with family-oriented services.
Atlassian has announced its intention to acquire Arc, the developer of a new browser, for $610 million. This strategic move aims to enhance Atlassian's suite of collaboration tools and expand its footprint in the growing browser market. The acquisition is expected to close in the upcoming months, pending regulatory approvals.
Coinbase is set to join the S&P 500, replacing Discover Financial Services, with the change effective before trading on May 19. The announcement comes as Coinbase's shares surged 8% in after-hours trading, despite its stock being volatile and underperforming this year compared to bitcoin. Additionally, Coinbase recently reported a net income of $65.6 million and plans to acquire crypto derivatives exchange Deribit for $2.9 billion.
Payroc has announced its acquisition of BlueSnap, a payment orchestration and accounts receivable automation platform, which is pending regulatory approval. This deal aims to enhance Payroc's global payment capabilities, particularly in Europe and the UK, leveraging BlueSnap's technology and established market presence.
The article discusses OpenAI's acquisition of WindSurf, a tech company, highlighting the strategic implications of this move for OpenAI's product development and market positioning. It explores how this acquisition could enhance OpenAI's capabilities and influence in the tech landscape.
Coinbase has agreed to acquire the crypto options exchange Deribit for $2.9 billion in a strategic move to expand its presence in the U.S. crypto derivatives market. The deal, which includes $700 million in cash and 11 million shares of Coinbase stock, follows a competitive bidding process with Kraken, which ultimately chose to acquire NinjaTrader instead. Deribit processed $1.2 trillion in trading volume last year, establishing itself as a leader in digital asset options trading.
Inveniam Capital Partners has acquired Storj, a decentralized cloud storage provider, to enhance its data and AI platform for private markets. Storj will continue to operate as a subsidiary with its leadership and operations intact, while the integration aims to leverage Storj’s technology and STORJ token within Inveniam's ecosystem.
Perplexity has acquired the team behind Visual Electric, an AI design startup that received backing from Sequoia. This acquisition aims to bolster Perplexity's capabilities in AI-driven design solutions, enhancing their overall service offerings in the tech space.
KKR has announced its acquisition of Osttra, a post-trade services firm, in a deal valued at $3.1 billion. This strategic move is aimed at expanding KKR's financial technology capabilities and enhancing its service offerings in the financial sector.