Acquisitions Archives - GenixPlay Studios

Snap acquires Saturn, a social calendar app for high school and college students

Snap has acquired Saturn, a calendar app that helps students manage their school schedules and share them with others, the company confirmed to TechCrunch on Friday. The financial terms of the deal were not disclosed. Saturn will continue to operate as a standalone app. The news was first reported by Engadget. Snap says almost the […]

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Tariff turmoil may have killed the tech M&A market’s comeback

Startups / Sasandara Dilmina

The tech market doesn’t need to be soaring up and to the right to foster healthy M&A activity. Deals can get done even in down markets. But can M&A thrive in an uncertain market? That’s a harder question. The venture market soured in 2022 as fundraising and exits largely dried up. Since then, venture investors

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MrBeast is reportedly now among those trying to buy TikTok

Social / Sasandara Dilmina

Jessie Tinsley, CEO of a workforce management company, Employer.com, is conducting what could become the year’s wildest acquisition spree. First, Employer.com announced its plan last month to acquire Bench, the Canadian accounting startup that abruptly shut down over the holidays. Now, Tinsley and Employer.com have joined hands with YouTuber MrBeast and others to save TikTok

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Bending Spoons acquires file transfer service WeTransfer

Apps / Sasandara Dilmina

Italy-based company Bending Spoons, which owns apps such as Evernote and Meetup, said Wednesday it has acquired file transfer service WeTransfer. The companies didn’t disclose the terms and valuation of the deal. WeTransfer CEO Alexandar Vassilev said that in the last decade the platform development resulted in 600,000 subscribers and 80 million monthly active users.

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Deel acquires Hofy to build its own IT device management service

Fundraising / Sasandara Dilmina

Fast-growing payroll provider Deel is making a sizable acquisition, its third this year. Deel announced on Thursday that it acquired Hofy, a London-based company that delivers and helps manage office equipment for remote hires. Financial terms weren’t disclosed, but a source familiar with the matter told TechCrunch that the deal was worth over $100 million.

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