Topic: company acquisition
-
Cowboy E-bikes in Acquisition Talks
Cowboy, an electric bike maker, is in advanced acquisition talks with ReBirth Group, which recently provided it with financial support to avoid bankruptcy. The company gained recognition for its smart, connected e-bikes featuring app-controlled locks and location tracking, raising over €100 milli...
Read More » -
Minute Media Buys VideoVerse to Power Sports Video with AI
Minute Media has acquired VideoVerse, integrating its AI-driven Magnifi platform to offer a comprehensive solution for sports content creation, distribution, and monetization. The Magnifi technology uses AI, computer vision, and machine learning to automatically identify key sports moments and ge...
Read More » -
D-ID Acquires Simpleshow to Expand AI Video Capabilities
D-ID has acquired Simpleshow to enhance its AI video solutions and expand its market presence, particularly in enterprise avatar videos. The acquisition integrates Simpleshow's 1,500+ enterprise clients, including major names like Microsoft and Adobe, boosting D-ID's revenue and growth potential....
Read More » -
SentinelOne Acquires Observo AI to Boost SIEM and Security Ops
SentinelOne is acquiring Observo AI to enhance its AI SIEM and data offerings, aiming to create a more open, intelligent, and autonomous security operations framework. The acquisition addresses challenges of high data volumes and costs by integrating Observo's AI-native, real-time telemetry pipel...
Read More » -
Minute Media Acquires Indian AI Startup for Automated Sports Highlights
Minute Media, backed by BlackRock and Goldman Sachs, has acquired Indian AI startup VideoVerse to enhance automated sports highlights generation across its portfolio, including Sports Illustrated and The Players’ Tribune. VideoVerse, valued between $200–250 million, specializes in AI tools for sp...
Read More » -
PubMatic Sues Google for Alleged Monopoly Violations
PubMatic has filed a major lawsuit against Google, accusing it of maintaining an illegal monopoly in the ad technology sector and seeking billions in damages. This legal action follows a federal judge's ruling that Google illegally monopolized ad exchanges and ad servers, with a separate trial to...
Read More » -
Atlassian Acquires The Browser Company for $610M
Atlassian acquires The Browser Company for $610 million in an all-cash deal to develop specialized, AI-enhanced browsers for professional productivity. The acquisition will focus on advancing the Dia browser project, with The Browser Company retaining operational independence while accelerating h...
Read More » -
Meituan Open-Sources AI Model to Challenge Alibaba and DeepSeek
Meituan has launched a new open-source AI model, positioning itself to compete with major players like Alibaba and DeepSeek in China's AI market. The model, LongCat-Flash-Chat, features 560 billion parameters and uses a Mixture-of-Experts architecture for efficient task handling. This move reflec...
Read More » -
OpenAI Acquires Statsig for $1.1B in Major Executive Reshuffle
OpenAI has acquired Statsig for $1.1 billion to enhance its product development and analytics capabilities, integrating A/B testing expertise and appointing Vijaye Raji as CTO of Applications. The company is restructuring its leadership, promoting Srinivas Narayanan to CTO of B2B Applications and...
Read More » -
Data Dynamo: Elon Musk's xAI Acquires Social Platform X for $45 Billion
▼ Summary - xAI has acquired the social media platform X (formerly Twitter) in an all-stock deal valuing X at $33 billion ($45 billion including debt) and xAI at $80…
Read More »