acquisitions

Today in Restaurant and Grocery Tech: Chili’s Tests Robo-Servers; Olo Acquires Wisely

Today in Restaurant and Grocery Tech: Chili’s Tests Robo-Servers; Olo Acquires Wisely
Today in Restaurant and Grocery Tech: Chili’s Tests Robo-Servers; Olo Acquires Wisely
October 22, 2021  |  ResTech

Today in restaurant and grocery tech news, Olo turns its focus to internal restaurant tools, and Portillo’s sees investor interest soar following its initial public...

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Insurer HSB Taps Zeguro for New Cybersecurity Platform
Insurer HSB Taps Zeguro for New Cybersecurity Platform
October 22, 2021  |  Partnerships / Acquisitions

The specialty insurer HSB has acquired a digital cybersecurity platform from security provider Zeguro. Get the Full Story Complete the form to unlock this article...

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ResTech Providers Shift Focus from Consumers’ Needs to Restaurants’
ResTech Providers Shift Focus from Consumers’ Needs to Restaurants’
October 22, 2021  |  ResTech

In 2020, much of the focus of restaurant technology businesses was on offering restaurants ways to maintain their customers in the face of pandemic-related challenges....

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Restaurant Platform Olo to Buy Data Firm Wisely for $187M
Restaurant Platform Olo to Buy Data Firm Wisely for $187M
October 21, 2021  |  Partnerships / Acquisitions

Olo, an on-demand commerce platform powering the restaurant industry’s digital transformation, will buy customer intelligence and engagement platform Wisely, according to a Thursday (Oct. 21)...

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Twitter Buys Chat App Sphere
Twitter Buys Chat App Sphere
October 21, 2021  |  Partnerships / Acquisitions

Twitter on Thursday (Oct. 21) acquired chat app Sphere for an unspecified amount, according to a CNBC report cited by Engadget, which notes Sphere is...

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MFS Africa Acquires Baxi Parent Company Capricorn Digital
MFS Africa Acquires Baxi Parent Company Capricorn Digital
October 21, 2021  |  Partnerships / Acquisitions

MFS Africa on Thursday (Oct. 21) announced it has signed an agreement to acquire Nigerian digital solutions and distribution company Capricorn Digital, the parent company...

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PayPal’s Interest in Pinterest Adds Social Commerce to Super-App Vision
PayPal’s Interest in Pinterest Adds Social Commerce to Super-App Vision
October 21, 2021  |  Retail

PayPal may soon be making a social commerce purchase, though likely on a larger scale than consumers buying many items: The financial services company is...

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Blackstone Snags Spanx Majority Ownership
Blackstone Snags Spanx Majority Ownership
October 21, 2021  |  Retail

Blackstone Inc. is buying a majority stake in women’s shapewear company Spanx Inc. in a move that puts Spanx’s value at $1.2 billion, according to...

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PayPal Said to Be Negotiating Pinterest Buy
PayPal Said to Be Negotiating Pinterest Buy
October 20, 2021  |  Social Commerce

PayPal Holdings Inc. is having discussions about buying social media platform Pinterest, people familiar with the talks told The Wall Street Journal on Wednesday (Oct....

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