Nuvei Corp. of Montreal, a financial technology company, intends to buy Simplex, a FinTech catering to the cryptocurrency industry, for about $250 million. The all-cash deal, subject to regulatory approval, is expected to close in the second half of 2021, the companies said in a...
Twitter announced on Tuesday (May 4) that it is acquiring Scroll, a subscription service that removes ads for news sites, as part of its own subscription plan. “Scroll has built a way to read articles without the ads, pop-ups and other clutter that get in...
Verizon said on Monday (May 3) that it is selling off its media business, which includes Yahoo and AOL, to private equity firm Apollo Global Management for $5 billion. The telecom giant will still own 10 percent of Verizon Media, which is simply being called...
PrimePay, a human capital management, payroll and benefits services company, has acquired SyncHR, an all-in-one HR and payroll company, a press release stated on Friday (April 30). “Pam and the SyncHR team have built an incredible product that is leading the charge in modernizing and...
IBM has acquired Turbonomic, a Boston-based application resource management (ARM) and network performance management software provider. The company said in an announcement on Friday (April 30) that the deal makes IBM the “only company able to provide customers with AI-powered automation capabilities that span from...
Coinbase capped a busy April on Friday with its announcement that the cryptocurrency exchange will acquire skew, a data visualization and analytics platform for crypto markets. “We know that access to high-quality data is essential for institutions assessing investments in crypto assets,” said Greg Tusar,...
The FinTech Stripe is acquiring business sales tax platform TaxJar for an undisclosed amount. The acquisition is part of an upcoming suite of tax tools Stripe is developing to help eCommerce companies and other online businesses. “There’s a reason TaxJar has been a top choice...
Wealth management technology firm Envestnet has acquired FinTech startup Harvest Savings & Wealth Technologies for an undisclosed amount. “We are striving to empower intelligent, connected financial lives, creating a holistic view for investments, banking or savings account balances. Advisors’ clients expect smart and efficient digital...
Signet Jewelers, the biggest diamond jewelry merchant worldwide, has acquired the designer jewelry subscription platform Rocksbox for an undisclosed amount. “Under CEO Meaghan Rose’s leadership, Rocksbox has revolutionized the jewelry rental subscription marketplace by delivering personalized, online and data-driven customer experiences for jewelry lovers who...
