Swedish automotive technology company Veoneer will hold formal talks with Qualcomm about an acquisition bid from the chip-maker, Veoneer announced Sunday (Aug. 8). A recent offer from Qualcomm is likely to constitute a “superior bid” under the terms of a previous acquisition bid Veoneer’s board...
In a world of unforeseen reboots, outages, service disruptions and more, to boost payments acceptance, merchants should consider establishing relationships with a range of acquirers if and when the need arises. According to ACI Worldwide Executive Vice President Debbie Guerra, this so-called multi-acquiring approach is one...
The payments platform Nium announced on Monday (June 7) that it would acquire the travel payments optimization platform Ixaris as part of a global expansion. Ixaris offers funding and payment methods designed to help airlines and online travel agents reduce surcharges and earn rebates, serving...
Delivery platform Delivery Hero announced on Wednesday (May 26) that Glovo will acquire the company’s operations in the Balkans. “Delivery Hero has built a clear leading business in the Balkan region in the last couple of years,” said Nikas Ostberg, CEO of the German-based company....
In a blockbuster deal, Amazon has agreed to buy Hollywood studio MGM and its legendary catalog and roaring lion logo for $8.45 billion. “The real financial value behind this deal is the treasure trove” of 4,000 films that is MGM’s catalog of movies, said Mike Hopkins, senior...
Fraud prevention platform Sift is making plans to acquire the Software-as-a-Service (SaaS) dispute startup Chargeback, the companies said in a press release on Tuesday (May 25). “Preventing chargeback fraud is the critical ‘last mile’ of stopping payment fraud entirely,” said Marc Olesen, president and CEO...
Amazon could be getting close to a $9 billion deal to purchase Hollywood studio MGM, according to The Wall Street Journal. The agreement, which would essentially transform a silent movie-era film giant into a streaming giant, could happen as soon as this week. This would...
Social media company Snap is buying WaveOptics, which provides augmented reality (AR) displays, for more than $500 million. The Verge reported on Friday (May 21) that the deal, which is Snap’s biggest, shows that the company is betting that AR eyewear will eventually go mainstream....
Discount drug broker GoodRx is acquiring its competitor RxSaver, which is owned by marketing firm Vericast, in a $50 million deal, Bloomberg reported, citing sources. Controlled by billionaire investor Ronald Perelman, who also controls Vericast, RxSaver was sold off to GoodRx last month, investors were...
