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Niantic maps out 6D.ai acquisition

Niantic has purchased University of Oxford’s augmented reality engine developer 6D.ai and will use the spinout’s technology for large-scale mapping for its games.

Apr 1, 2020

Hooq clasps liquidation option

The online streaming service, which had raised $95m from SingTel, Warner Bros and Sony Pictures, has filed for liquidation following a failure to scale in the fact of stiff competition.

Mar 31, 2020

OneWeb files for bankruptcy

The move came after the satellite wifi service developer reportedly failed to raise $2bn from investors including existing backer SoftBank Vision Fund.

Mar 30, 2020

Microsoft agrees $1.35bn Affirmed Networks purchase

Vodafone, Deutsche Telekom and Qualcomm are all set to exit the mobile network technology producer, which had raised just over $140m.

Mar 30, 2020

Infosys extracts itself from Waterline Data

Infosys's stake in the data organisation platform developer, which has raised $24.5m, has been dissolved in an acquisition by Hitachi Vantara.

Mar 27, 2020

Letgo links to OfferUp in merger deal

Naspers subsidiary OLX Group led a $120m round for the e-commerce app developers, which have agreed to merge, and will own 40% of the combined entity.

Mar 26, 2020

Capgemini captures WhiteSky

Salesforce Ventures is set to exit the MuleSoft consultancy in an acqusition by Capgemini less than six months after it invested.

Mar 26, 2020

FuboTV fuses with FaceBank

Online streaming service FuboTV, which has raised nearly $150m from investors including Sky, AMC, Discovery, Univision and 21st Century Fox, is set to merge with FaceBank.

Mar 25, 2020

ZipTel sells Douugh on reverse merger

ZipTel will be rebranded as Douugh following its acquisition of the neobank, which counts Choice Financial and Monex among its investors.

Mar 24, 2020

OneWeb examines bankruptcy possibilities

The satellite internet system developer is having cashflow issues having previously secured more than $3.4bn from a consortium of corporates including SoftBank and Qualcomm.

Mar 23, 2020
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