Partnerships / Acquisitions

Partnerships / Acquisitions
Healthcare Payments Firm Zelis Buys Sapphire Digital
September 14, 2021

Healthcare payment company Zelis has announced an agreement to acquire Sapphire Digital, a platform for provider selection, patient access, price transparency and digital consumer navigation for healthcare, according to a press release. “There is a clear need in the market for innovative price transparency solutions...

Partnerships / Acquisitions
Delivery Platform Glovo Buys Spanish, Portuguese Companies
September 14, 2021

The Spanish courier/delivery service Glovo is purchasing two delivery companies: one in its home country, the other in Portugal. As Bloomberg News reported on Tuesday (Sept. 14), the company has made a deal to buy Lola Market in Spain and the Portuguese company Mercadao for...

Partnerships / Acquisitions
FortisPay Buys OmniFund to Boost AR Features
September 14, 2021

Payment technology company FortisPay, which works with businesses, independent software vendors and developers, has acquired OmniFund, according to an emailed press release on Tuesday (Sept. 14). OmniFund works on cloud-based payments-as-a-platform solutions, leveraging it with software and enterprise resource planning (ERP) solutions. According to the...

Partnerships / Acquisitions
Intuit Agrees to Acquire Mailchimp for About $12B
September 13, 2021

Intuit — which makes TurboTax, QuickBooks, Mint and Credit Karma — announced an approximately $12 billion cash and stock deal to acquire small- to medium-sized business (SMB) customer engagement and marketing platform Mailchimp, according to a Monday (Sept. 13) press release. The deal allows Intuit...

Partnerships / Acquisitions
Live Nation Moves Into Latin America With $444M OCESA Acquisition
September 13, 2021

The world’s biggest concert promoter Live Nation is acquiring a 51% interest in the Latin American live entertainment organizer OCESA, owner of Ticketmaster Mexico, for $444 million. Live Nation is buying a 40% interest in OCESA from Grupo Televisa, the largest multimedia firm in the...

Partnerships / Acquisitions
SpotOn Acquires Enterprise POS Provider Appetize to Expand Ability to Scale 
September 13, 2021

Retail and restaurant point-of-sale (POS) system provider SpotOn has raised $300 million in Series E funding, which will be used to acquire digital and mobile commerce platform Appetize while raising its own valuation to $3.15 billion. SpotOn’s core product payments and management software product mainly...

TransUnion Readies For Its Biggest M&A Deal With $3.1B Neustar Buy
September 13, 2021

In what will be TransUnion’s biggest acquisition deal to date, the consumer credit scoring company is getting ready to close a $3.1 billion deal for several divisions of the internet data information and analytics firm Neustar. Neustar, now a new portfolio firm with a private...

Partnerships / Acquisitions
Volkswagen Seeks Collaborations With Carmakers on Software
September 10, 2021

Volkswagen (VW) expressed interest in partnering with other carmakers to share platforms and develop software, VW CEO Herbert Diess told the German news website Der Spiegel on Friday (Sept. 9). “We are open to discussions and prepared to share our platform,” Diess said, adding that...

Partnerships / Acquisitions
Mastercard’s Aiia Acquisition: Connectivity Is Critical for Open Banking’s Innovation
September 10, 2021

If data exists as the new oil, as they say, of open banking, then the pipes and the plumbing — and even the safety valves — must be in place to make sure the oil gets to where it needs to go. To help open...