Social Point, smartphone games developer from Barcelona, has been taken-over by Take-Two for $250 million. The transaction is a split of cash ($175 million) and shares ($75 million) with further earn-outs of up to $25.9 million. Deal is expected to be instantly create growth to net income per share, excluding […]
Funding & Acquisitions
Funding news and acquisitions
Bitcoin payments startup BitPesa has collected $2.5m in a new Series A funding round with perspectives to broaden its services further across West and Southern Africa, and also in the UK and Europe. The Series A round was carried by prominent US-based industry investor Draper VC, with participation from existing […]
The platform of regional portals DlaWas.info is the first media project in franchising in Poland. The network currently has more than 60 regional portals and several more are just running. Ultimately, the portal network DlaWas.info will operate in each district town in the country. Unlike traditional media portals, these earn […]
The tax law has been developed by the Ministry of Economics in collaboration with Latvian startups, represented by Latvian Startup Association. According to the new legislation, a startup is a company with strong growth potential. The government aims to foster development of rapidly growing technological companies or startups and commercialization […]
Israel for years has been generating an impressive number of innovations and startups. Israeli entrepreneurs are not afraid to take risks and the state supports them in this. Still, in the large set of projects it produces little global companies. Innovations in Israel are, on the one hand, the result […]