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Curse passes on to Twitch

Game livestreaming platform Twitch has bought gamer community, video and information company Curse, which received $30m in funding from Riot Games last year.

Aug 17, 2016

Snapchat to buy a Vurb for $110m

Vurb, a contextualised search app that had raised $10m from backers including Tencent, is set to be acquired by Snapchat in a 75-25 stock-cash deal.

Aug 16, 2016

GM gets Lyft offer turned down

GM reportedly approached Lyft, in which it holds a 9% stake, over an acquisition in recent weeks only to be rejected by the ride ordering platform, valued at $5.5bn in January.

Aug 15, 2016

News round up 15 August 2016

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Aug 12, 2016

Intel finds Nervana in $408m deal

CME Group exited deep learning technology startup Nervana Systems, which had disclosed about $25m in VC funding, through the acquisition.

Aug 10, 2016

Naspers to squeeze out Citrus Pay acquisition

Mobile payment technology provider Citrus Pay is set to be bought for up to $180m in a cash deal that will allow e-commerce companies eContext and Beenos to exit.

Aug 8, 2016

Jet enters Wal-Mart's airspace in $3.3bn deal

Wal-Mart has closed the $3.3bn acquisition of e-commerce company Jet.com, providing exits to Alphabet and Alibaba in the process.

Aug 8, 2016

Pfizer eats up Bamboo

Pfizer invested in Bamboo in the first quarter and has agreed to pay up to $645m in total to acquire the company, depending on milestones.

Aug 6, 2016

News round up 08 August 2016

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Aug 5, 2016

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