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Page 383
News round up 15 August 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Aug 12, 2016Intel 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, 2016Naspers 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, 2016Jet 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, 2016Pfizer 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, 2016News round up 08 August 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Aug 5, 2016Jet enters talks to land at Wal-Mart
Alibaba and Alphabet-backed e-commerce platform Jet, which raised money at a $1bn valuation in November, could be acquired by Wal-Mart for up to $3bn.
Aug 4, 2016Cheetah Mobile curates News Republic acquisition
Intel Capital-backed News Republic has been acquired by Cheetah Mobile for $57m, after raising about $9m from backers also including Xange Private Equity and Creathor Venture.
Aug 3, 2016Salesforce to cement $360m SteelBrick acquisition
SteelBrick had raised almost $78m in less than three years from investors including Salesforce Ventures, whose parent company has now bought the company.
Aug 2, 2016About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits our membership, providing privileged access to all our services and resources.
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