LogMeIn accepts to be obtained by Francisco Partners and Evergreen for $4.3B
Introduction LogMeIn stated that it has accepted to be auctioned for $4.3 billion to associates of Francisco Partners and Evergreen Coast Capital Corporation, the individual equity subsidiary of Elliott Management Corporation.Ā The acquisition price comes out to $86.05 per share in an all-cash agreement. The...
Uber all ready to sell Uber Eatsā€™ India business to Zomato
Uber is in forwarding stages of discussions to sell its food delivery service Uber Eats in India to local opponent Zomato as the American ride-hailing giant seems to slash its global spending. More About The DealĀ The deal presently considers Uber Eatsā€™ India business at...
Milieu Insight raises $2.4 million to start in more Southeast Asian countries
Milieu Insight, Singapore-based market analysis and data platform, published that it has allocated $2.4 million in pre-A funding.Ā The round, managed by MassMutual Ventures Southeast Asia, will be utilized on product growth and to launch in four different Southeast Asian countries, Malaysia, Indonesia, the Philippines...
TrueLayer: Open Banking API Provider’s Financing Partnership with Visa
TrueLayer is a London based startup that has created a developer API program for fintechs and various nearby firms to use open banking. It has recently agreed on a strategic and economic association with Visa.Ā The Partnership With VisaĀ The partnership views Visa to take...
Shadow’s Exciting New Ideas for Cloud Gaming Program
Blade, the French startup backing Shadow, held a press conference to advertise some product news along with some corporate developments. What is Shadow? Shadow is a cloud computing assistance for gamers. For a monthly subscription price, you can obtain a gaming PC in a data...
Spotify starts a dedicated Kids app for Premium Family subscribers
In a movement to promote family subscriptions to its app, Spotify has announced the launch of a dedicated Kids application. More About Spotify Kids It enables children three and up to hear to their music, both online and offline. Children can also examine playlists and...
Pandora allows you to share music and podcasts on your Instagram Stories
Pandora has announced that a new alliance with Instagram will allow users to share their favourite music and podcasts on their Instagram Ā Story. Nearly over a year ago, Spotify too had launched a similar feature after announcing the same alliance with Instagram stories. The launch...
Paid Streaming Music Subscriptions in U.S. Top 60M
According to the latest IT news released by the Recording Industry Association of America (RIAA), streaming music subscriptions continue to obtain the U.S. music industryā€™s growth and revenues. The organization said that the total music revenue grew by 18%, which amounts to $5.4 billion in...
Gecko Robotics Raises $40 Million in Funding For Increasing Robot ProductionĀ
Introduction Gecko Robotics has piloted $40 million in funding as it looks to create an additional 40 robots over the next year to reach what the company views as increasing demand for its security and infrastructure monitoring services. The Story of Gecko Robotics They are...
New media funding firm, Attention Capital obtains Girlboss
Attention Capital, the latest outfit that purchases, develops, and scales media brands, is obtaining Girlboss, the female-focused multi-media business established by Sophia Amoruso, who will enter the firm as a founder partner. A spokesperson for LA-based Girlboss refused to reveal terms of the deal but...
