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consolidation

ProSiebenSat.1 Chief Sees Streaming Consolidation Looming in Europe

The German media company is looking to bulk up its streaming service Joyn, of which it took full ownership in 2022 after buying Warner Bros. Discovery’s stake. The German media company is looking to bulk up its streaming service Joyn, of which it took full ownership in 2022 after buying Warner Bros. Discovery’s stake. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary…

Deel, the $12B HR startup, acquires Zavvy to step up consolidation play

Consolidation is afoot in the world of HR services, with larger players snapping up interesting, smaller startups en route to more robust unit economics and providing one-stop shops for customers looking to cut down on suppliers. In the latest development, Deel — the $12 billion HR business out of Paris — is scooping up Zavvy, a Munich-based AI-based “people development” startup building tools for personalized career progression, training, and performance management. Deel, which has made its name mainly with payroll…

Consolidation continues in micromobility as Cooltra snaps up Cityscoot

Paris’ commercial court has accepted Cooltra’s offer to acquire Cityscoot. These two companies provide shared electric mopeds that you can unlock and ride to go from one place to another. Cityscoot had been placed under court-ordered receivership several months ago. As interest rates hovered around 0% in Europe, micromobility startups thrived. Europe became the perfect playground for scooter startups, bike-sharing services and electric moped companies thanks to dense cities combined with a low cost of capital. But…

Tata Digital’s consolidation play; Paytm turns compliance-first

Tata Digital could soon be integrating BigBasket, 1mg and Tata Cliq to boost efficiency and market agility. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ Healthtech platforms leverage AI■ Interview with Applied Materials MD■ Investors await bitcoin halvingTata Digital explores operational integration Tata Sons chairman N ChandrasekaranIn a move aimed at streamlining operations and cutting costs, Tata Digital is mulling the integration of operational structures of key assets such as Big…

homelane: Home interior company HomeLane may acquire smaller rival DesignCafe

Home interior services startup DesignCafe is in the process of merging with its bigger rival HomeLane in a stock-swap deal, multiple people aware of the development told ET.The deal will value DesignCafe at about Rs 500 crore, or about $60 million, and HomeLane at $360 million, or about 3,000 crore, one of the sources said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology Leadership and InnovationVisitIndian School of…

Signalling more consolidation may come, smart-bus startup Zeelo acquires Kura, a smaller player

A small UK startup which combined a school bus service with a software platform to safeguard pupils has been acquired by ‘Smart buses’ startup Zeelo, which last year raised a $14 million war chest for expansion. Founded in the UK in 2010, Kura, which had previously raised £3.8 million in a Private Equity round from Souter Investments, provided a safeguarding tech platform for schools and colleges, bus transportation, and a similar service for employee shuttles and charter transport services in the UK. It’s…

Tier and Dott’s merger is not a sign of what’s to come

Consolidation can be complicated Earlier this week, European micromobility companies Tier and Dott said they had agreed to merge. The companies, which offer scooters and bikes to rent, also plan to raise €60 million from some of their existing investors and plan to close the deal within two months. The companies hope they can become profitable if they work together, my colleague Romain reported. This seems like a solid outcome for the two startups, since they likely weren’t going to…

With hopes for greener grass in Germany vanishing, consolidation is in the cards for cannabis companies

As 2023 comes to an end, it is only natural to reflect on what happened in the markets we cover. But when it comes to cannabis, the answer is “not much,” which won’t help cannabis startups that are already facing a challenging funding environment. Namely, 2023 wasn’t the year that Germany legalized adult recreational cannabis use. That matters because that’s not what the legal cannabis market once anticipated, and whenever there is misalignment between reality and what investors expected,…

This week in robotics: Teaching robots chores from YouTube, robot dogs at the border and drone consolidation

AI’s grabbing headlines, but the robotics field is still making a significant impact in the real world — and this is your briefing on our latest coverage of the growing industry. Before we get into the depths of the past week’s noteworthy robotics news, our resident expert Brian Heater dove into the debate over the use of robot dogs to patrol the border between the U.S. and Mexico. As he notes in this week’s edition of his Actuator newsletter, which you can sign up for here, the robotics…

Top 4 Unsecured Debt Consolidation Loans UK (2023): Best Platforms Reviewed

High levels of unsecured debt can quickly become a nightmare and impact different areas of your life. From damaging your credit score to financial strain, lawsuits and frequent calls from collection agencies, unsecured debt is a significant course for concern when it becomes unmanageable. Thankfully, you can get much-needed relief from unaffordable unsecured debt through debt solutions like an unsecured debt consolidation loan. The best debt solutions providers work for your specific circumstances and can offer different…