BitTorrent acquired by TRON Cryptocurrency Founder
Software company BitTorrent Inc, which is responsible for the upkeep of the BitTorrent file sharing protocol, has been acquired by Justin Sun the founder of the TRON cryptocurrency. The deal closed last week but had been kept under wraps allowing BitTorrent time to...
Smyth Toys just acquired Toys R Us European Stores
Irish family owned firm Smyth Toys has acquired the European operations of American bankrupt toy giant Toys R Us in a €79m ($94m) deal. The transaction will almost double the footprint of the Mayo based company, adding 93 stores based in Germany, Austria and...
London based influencer agency ITB Worldwide acquired by Rogers & Cowan
Rogers & Cowan a global PR & marketing agency owned by Interpublic Group has acquired London based ITB Worldwide. ITB is one of Europe’s leading entertainment marketing agencies that specialises in digital influencers. Founded in 2008 ITB Worldwide focuses on...
Vice acquires experiential events company Villain
Vice Media has acquired Brooklyn experiential events company Villain in a bid to bolster its live offering to advertisers. Villain whose industrial sized 15,000ft “raw” venue is based near Vice’s head offices in Brooklyn’s Williamsburg area employs 12 people and...
Nokia acquires IoT startup SpaceTime Insight
Nokia has acquired California startup SpaceTime Insight, an Internet of Things company that provides machine-learning powered analytics tech and IoT applications to large energy and transportation corporates like FedEx, Singapore Power and Union Pacific Railroad. The...
3 ways to negotiate an off market acquisition
We have a three year plan we’re in the middle of executing We’ve just hired a new Managing Director I might be interested in a couple of years when I can get a better valuation We always have companies sniffing around I’m not interested No! These are all typical...
How to make contact with the owner of a business about an acquisition
Acquiring a company can be a long process, not only do you have to kiss a lot of frogs, but contacting an owner for the first time about acquisition and knowing what to say can be fraught with problems. Many “not for sale” businesses are likely to give a competitor...
Square acquires website builder Weebly
Square, the payments platform, has acquired website building service Weebly for $365 million. “This is a huge building block,” CEO Jack Dorsey said. “We can now offer our sellers an easy way, with minimal hassle, to sell both offline and online. All they have to...
