Microsoft this morning announced plans to acquire ZeniMax Media Inc. for $7.5 billion in cash. The gaming holding company is the parent to a number of high profile publishers, including Bethesda Game Studios, id Software, ZeniMax Online Studios, Arkane, MachineGames, Tango Gameworks, Alpha Dog and Roundhouse Studios. Once approved, the deal would bring some of…
Distressed satellite constellation operator OneWeb, which had entered bankruptcy protection proceedings at the end of March, has completed a sale process, with a consortium led by the UK Government as the winner. The group, which includes funding from India’s Bharti Global – part of business magnate Sunil Mittal’s Bharti Enterprises – plan to pursue OneWeb’s…
PayPal announced today it has agreed to acquire Honey Science Corporation, the makers of a deal-finding browser add-on and mobile application, for $4 billion, mostly cash. The acquisition, which is PayPal’s largest to date, will give the payments giant a foothold earlier in the customer’s shopping journey. Instead of only competing on the checkout page…
Workday announced this afternoon that it has entered into an agreement to acquire online procurement platform Scout RFP for $540 million. The company raised more than $60 million on a post valuation of $184.5 million, according to PitchBook data. The acquisition builds on top of Workday’s existing procurement solutions, Workday Procurement and Workday Inventory, but…
BlaBlaCar, the marketplace that matches people for long-distance ridesharing between cities, has announced plans to acquire Busfor, the leading bus ticketing platform in Russia and Ukraine. “This is the biggest acquisition in BlaBlaCar’s history and Busfor is the region’s leading bus distribution company, with over 150 employees. Connecting our significant online demand with Busfor’s supply…
