Spendesk has acquired Okko to integrate procurement and spend management for mid-sized businesses into its existing spend management platform. With this acquisition, Spendesk advances its strategy of integrating procurement services that meet the needs of larger companies, the firms said in a Tuesday (April 9) press release....
Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions,” the company said in a news release Tuesday (April 9). Entrust did not disclose the terms of the deal, which...
Restaurant management platform Restaurant365 finalized its acquisition of ExpandShare. The deal gives the company access to a learning management system designed to help restaurants deliver and track training content, according to a Tuesday (April 9) press release. “Guest satisfaction is paramount to restaurant success, and the main driver for both...
Empower Finance plans to acquire Petal and has completed its acquisition of Cashalo. These acquisitions will expand Empower’s credit offerings to new markets in the United States and Southeast Asia, the company said in a Tuesday (April 9) press release. Empower provides alternative credit underwriting and financial products for underserved...
Stord has acquired ProPack Logistics to expand its fulfillment network throughout the United States and Canada. ProPack, which provides fulfillment services for the nutrition and supplement product industry, has six temperature-controlled warehouses across North America, the companies said in a Friday (April 5) press release. These facilities complement Stord’s...
Google parent company Alphabet is reportedly considering making a bid to acquire HubSpot. The firm has met with investment bankers to discuss how much it should offer and whether it would face challenges from regulators, Reuters reported Thursday (April 4), citing unnamed sources. Alphabet has not submitted an offer, and it...
Venture capitalist Steve Singh and a group of growth investors have acquired corporate travel management firm Direct Travel. The investors joining Singh in the acquisition include Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners and Blackstone Credit & Insurance, Direct Travel said in a Tuesday (April 2) press release. “Direct Travel sets the...
Yahoo will add artificial intelligence (AI)-powered personalization features across its platform, including Yahoo News, following its acquisition of Artifact. This acquisition closed Friday (March 29), Yahoo said in a Tuesday (April 2) press release. “Yahoo was one of the first to combine human and algorithmic curation of news,” Kat Downs...
Unified commerce firm Cart.com has acquired Amify to expand its Amazon Marketplace services offering. Amify, which made a name for itself as the first “Amazon-as-a-service” company, provides merchants with Amazon optimization and advertising solutions. According to a Tuesday (April 2) news release, the acquisition will help meet rising demand from Cart.com’s roster of...
