Private Equity
Magic Leap has acquired Switzerland-based Dacuda's 3D division, according to an announcement on its site. No financial terms were disclosed. Magic Leap's backers include Google, Qualcomm Ventures, Legendary Entertainment, KKR, Vulcan Capital, Kleiner Perkins Caufield & Byers, Andreessen Horowitz and Obvious Ventures.
1 min read · 21 February 2017
Verizon has acquired Portland, Oregon-based Skyward, a drone platform provider according to a blog post on its site. No financial terms were disclosed. Skyward's backers included Draper Associates, Founders Co-Op, Norwest Venture Partners, Techstars Ventures and Voyager Capital.
1 min read · 17 February 2017
Montréal-based luxury vacation rental company Luxury Retreats has been acquired by Airbnb, a U.S. online hospitality business. No financial terms were released, however, the Globe and Mail reported Airbnb paid between US$200 million and US$300 million in cash and stock. Luxury Retreats will continue to operate as a standalone entity in the short term, with Founder and CEO Joe Poulin joining Airbnb as a luxury specialist. Airbnb said it will invest in Luxury Retreats, which offers over 4,000 homes in 100 destinations worldwide. Luxury Retreats raised about US$20 million from Canadian venture capital firm iNovia Capital and other investors, including 2015's US$11 million Series B round.
4 min read · 16 February 2017
Grab is likely to announce a deal to buy Indonesian online payment startup Kudo for over $100 million, a source told Reuters, in a move that will help the Southeast Asian ride-hailing firm roll out its services to more customers.
2 min read · 13 February 2017
Sophos has agreed to acquire Fairfax, Virginia-based Invincea, an anti-virus company, for a consideration of $100 million with a $20 million earn-out. Invincea's backers included ORIX Growth Capital, Comerica Bank, Dell Ventures, New Atlantic Ventures and Harbert Ventures.
4 min read · 08 February 2017
Stratoscale has acquired Cambridge, Massachusetts-based Tesora, a database-as-a-service provider. No financial terms were disclosed. Stratoscale's backers include Battery Ventures, Bessemer Venture Partners, Qualcomm Ventures and Leslie Ventures.
3 min read · 06 February 2017
Dermatology Associates, which is backed by ABRY Partners, has acquired Sherman, Texas-based Texoma Dermatology Clinic, a provider of dermatologic care. No financial terms were disclosed.
3 min read · 06 February 2017
Eventbrite has acquired Amsterdam-based Ticketscript, a self-service ticketing provider. No financial terms were disclosed. Eventbrite's backers include Sequoia Capital, Tiger Global and T. Rowe Price.
3 min read · 31 January 2017
SmartRecruiters Inc has acquired Berlin-based job board startup Jobspotting. No financial terms were disclosed. SmartRecruiters' backers include Mayfield, Salesforce Ventures and Insight Venture Partners.
3 min read · 31 January 2017
Cisco Systems said it would buy AppDynamics for $3.7 billion, pulling the rug from under the year's first big tech IPO of a venture backed company.
1 min read · 25 January 2017
