Apple acquired artificial intelligence firm Ascension Labs, which does business as Ascend.io, in June, according to a list of acquisitions maintained by the European Commission. The deal gives Apple the right to make employment offers and to hire certain employees of Ascend, receive a non-exclusive...
Artificial intelligence investors are no longer only backing software for accountants, property managers and call centers. A growing number are buying the businesses themselves. The targets already have customers, recurring revenue and years of operating data. What they lack is the technology to do the...
Private investment firm CD&R and private equity group GTCR have teamed up on a joint bid to buy out card processor Global Payments, the Financial Times reported Friday (Oct. 30), citing unnamed sources. GTCR is Global Payments’ largest shareholder, according to the report. The companies’...
DoorDash is set to acquire online grocery delivery platform Instacart in a deal worth $17 billion. The acquisition, announced Thursday (Oct. 29), creates a combined entity offering grocers and retailer access to DoorDash’s delivery network and Instacart’s grocery and fulfillment technology, the companies said in a Thursday (Oct. 29)...
October 01, 2026
Digital platforms spread technology and product development across millions of customers, a model that makes adding another market attractive. However, international expansion brings more local infrastructure with it: licenses, regulated entities, bank relationships and connections to domestic payment systems. Recent moves by PhonePe and Revolut provide two examples. As reported last week, PhonePe has received […]
September 01, 2026
FinTech buyers looking for growth in a tough funding and software market are finding something valuable inside real estate closings, municipal bills, healthcare practices and commercial banking. The payment is...
June 23, 2026
Watch more: How Technology Is Transforming Foreign Investment Reviews The questions surrounding a cross-border acquisition don’t stop with ownership or market share. Governments increasingly want to understand what technologies are...
June 10, 2026
As consumers increasingly expect banking relationships to combine specialized expertise with digital convenience, financial institutions face a difficult question: how can they preserve the distinct communities that built their franchises...
October 30, 2026
The Federal Reserve Board approved the application by the Bank of Nova Scotia to become a bank holding company by acquiring Dallas, Texas-based Maple Financial Holdings and thereby indirectly acquiring Tulsa, Oklahoma-based MapleMark Bank, the Fed said in a Thursday (Oct. 29) press release. Bank of Nova Scotia operates as Scotiabank, according to the company’s […]
October 30, 2026
Apple acquired artificial intelligence firm Ascension Labs, which does business as Ascend.io, in June, according to a list of acquisitions maintained by the European Commission. The deal gives Apple the...
October 30, 2026
Private investment firm CD&R and private equity group GTCR have teamed up on a joint bid to buy out card processor Global Payments, the Financial Times reported Friday (Oct. 30),...
October 29, 2026
DoorDash is set to acquire online grocery delivery platform Instacart in a deal worth $17 billion. The acquisition, announced Thursday (Oct. 29), creates a combined entity offering grocers and retailer access to DoorDash’s delivery...