Paul Sawers
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The U.K.’s competition authority has said that it plans to greenlight Broadcom’s $69 billion bid for virtualization software giant VMware.
The news comes exactly a week after the European Commission (EC) approved the deal, which pretty much leaves the U.S. as the last remaining hurdle for Broadcom, with the Federal...
The U.K.’s antitrust regulator has given the go-ahead to Amazon’s proposed billion-dollar iRobot acquisition, concluding that the deal “would not lead to competition concerns in the U.K.”
Amazon first revealed plans to buy robot vacuum maker iRobot for $1.7 billion last August, though the megabucks deal was always likely...
Nordic VC firm Voima Ventures today announced its third fund with an initial closing of €90 million and a final target of €120 million, focusing on early-stage “deep tech” startups from across the science sphere.
Founded out of Helsinki, Finland, in 2019, Voima Ventures targets companies at the pre-...
Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B
Paul Sawers - 0
Nasdaq today revealed that it’s doling out $10.5 billion to acquire Adenza, a company that develops risk-management and related regulatory software for the financial services market.
The megabucks deal, which constitues an even mix of cash and stock, will extend Nasdaq’s serviceable addressable market (SAM) to $34 billion, the...
U.K.-based cultivated meat startup Higher Steaks has raised $30 million in a Series A round of funding and revealed that it’s changing its name to Uncommon.
Founded out of Cambridge in 2017, Uncommon is one of countless companies pushing to make cultured “lab-grown” meat a reality in kitchens and...
Uber unveiled a handful of new eco-focused features, services, and expansions today, as the ride-hailing giant doubles down on previous efforts to align itself with sustainable transport.
The announcements came during the second instalment of Uber’s annual Go-Get product event — the first incarnation was held in New York last...
GetHarley, a platform that connects consumers with skincare clinicians and related products, has raised $52 million in a round of funding led by existing investor Index Ventures.
Founded out of London in 2019 by Charmaine Chow, GetHarley is a telehealth platform that gives anyone a direct channel to qualified...
To avert more UK antitrust woes, Meta to limit how it uses ad data to boost Facebook Marketplace
Paul Sawers - 0
Facebook’s parent Meta has given key assurances to U.K. antitrust regulators as it looks to counter concerns over how it uses advertising data to benefit its own products.
The news comes in the same week as Meta revealed it was selling GIF platform Giphy for $53 million three years after...
Following UK antitrust order, Meta sells Giphy to Shutterstock for $53M after buying it for $400M
Paul Sawers - 0
Meta has finally found a willing buyer for Giphy, the animated GIF search engine it acquired for $400 million three years ago.
Shutterstock announced today that it has entered into an agreement with Meta to buy Giphy in a transaction that “consists of $53 million of net cash paid...
Patient21, a digital healthcare startup with brick-and-mortar clinics, raises $108M to grow beyond Germany
Paul Sawers - 0
Patient21, a four-year-old German startup that combines a digital healthcare platform with real-world brick-and-mortar clinics, has raised €100 million ($108 million) in a Series C round of funding led by Israeli VC firm Pitango, constituting a mix of equity and debt.
Founded out of Berlin in 2019, Patient21’s platform...