Mergers and Acquisitions
Vietnam’s VinaCapital Ventures takes stake in Web3 data analytics firm M3TA
VinaCapital Ventures, the Vietnam-based technology investment platform of VinaCapital Group, announced Monday that it has taken a stake in M3TA, a Web3 data analytics company that seeks to empower businesses in Web3 with the power of data. Details of the investment were not disclosed.
Limelight completes acquisition of Yahoo’s Edgecast, rebrands as Edgio
Edgio, Inc. (Nasdaq: EGIO), the globally-scaled software solutions provider powering secure seamlessly integrated delivery, applications and streaming experiences at the edge, announced on Thursday the successful completion of Limelight’s acquisition of Edgecast. The combined company will operate as Edgio, delivering significantly increased scale and scope…
Animoca Brands acquires Israeli EdTech platform TinyTap for $38.88M
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Thursday it has completed the acquisition of 80.45 percent of the issued capital of Israeli EdTech platform TinyTap Limited (TinyTap), for a consideration of $38.88 million in cash and shares.
India’s Gupshup acquires omnichannel customer service platform OneDirect for global businesses
Gupshup, an India-based conversational engagement firm, announced Thursday the acquisition of OneDirect, the omnichannel, artificial intelligence (AI)-enabled customer service platform of choice for brands in India, South East Asia and the Middle East. The acquisition strengthens Gupshup’s suite of conversational solutions and enables superior omnichannel…
The Sandbox acquires Uruguayan technology firm Cualit to accelerate Web3 development and metaverse growth
The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, announced Thursday it has acquired the Uruguayan company Cualit, a full-stack development technology firm experienced in gaming, to boost its Web3 and blockchain innovation and development capabilities. Cualit will become The Sandbox Uruguay, expanding The Sandbox global…
Carousell, L Catterton SPAC merger talks end – report
The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger agreement with Carousell.
Elon Musk now says $44B Twitter deal “temporarily on hold”
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk wrote in a tweet.
Investree to acquire 18.4 percent stake in Indonesian digital bank Amar Bank
Investree Singapore Pte Ltd (Investree Group), a holding company of Southeast Asian fintech lending platforms for micro, small, and medium enterprises (MSMEs), is set to acquire 18.4 percent minority stake in PT Bank Amar Indonesia Tbk (Amar Bank), a licensed commercial bank and digital banking pioneer in Indonesia. Investree has signed a transaction…
Carousell to acquire fashion recommerce retailer Refash
Carousell Group, a Singapore-based recommerce group, announced Monday that it has signed a deal to acquire Refash, a Singapoore-based omnichannel fashion recommerce retailer, for an undisclosed sum. The partnership with Refash enables Carousell to take a significant next step for one of their core categories to make selling secondhand fashion even simpler,…
Elon Musk’s $44B Twitter buyout challenged in shareholder lawsuit – report
According to Reuter's report, the lawsuit seeks to delay the merger's closing until at least 2025, declare that Twitter directors breached their fiduciary duties, and recoup legal fees and costs.
