The Priceline Group Inc. (NASDAQ: PCLN) today announced that it has successfully completed its previously announced plan to acquire the Momondo Group in a cash transaction whereby The Priceline Group acquired all outstanding shares of the Momondo Group for approximately $550 million. The Momondo Group, which operates momondo, a leading European travel meta engine that offers flights, hotels and car rentals, and Cheapflights, a leading global flight comparison and travel deals publishing platform, will roll under The Priceline Group's leading travel meta brand, KAYAK.
As reported by TechCrunch:
German travel search engine Swoodoo has been acquired by the leading U.S. flight search engine Kayak.
Although Kayak has lots of cash in the bank and is a major player in the US, it is still not well known in Europe, hence its need to make an incursion here. Financial terms of the acquisition have not been disclosed but we hear on the grapevine that T-Venture and Deutsche Telekom were “very happy with the Exit”.
As reported by Tnooz:
Travel search site Kayak has continued its European spending spree by buying Checkfelix, one of the leading travel search engines in Austria.
Terms of the deal have not been disclosed but Kayak has purchased JaBo Software Vertrieb- und Entwicklung, which uses the Checkfelix as its trading name.
SoftBank Group Corp. (“SoftBank”) has invested an additional $7.5 million in Altaeros to deploy and scale its aerial platform to bring low cost broadband wireless communications to rural communities beginning in
Vets First Choice, the leading provider of technology enabled healthcare solutions for veterinary practices, announced today that its parent company, Direct Vet Marketing, has acquired Roadrunner Pharmacy and Atlas Pharmaceuticals. The acquisitions are part of a global initiative to professionalize prescription management services for veterinary practices.
Circulation, the pioneer in on-demand non-emergency healthcare transportation, today announced it has raised $10.5 million in Series A financing from a syndicate of leaders across the healthcare ecosystem, excited to create a new paradigm for delivery of people, products and services in healthcare.
iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it has signed a definitive agreement to acquire privately-held Robopolis SAS (Robopolis), based in Lyon, France. The acquisition is expected to close in October 2017.
Vets First Choice, the leading provider of technology enabled healthcare services for veterinary medicine, announced a $223 million strategic investment to accelerate growth, launch new innovative services, and begin a global expansion effort into Europe and Asia.
As reported by TechCrunch:
Ever wanted to know the genetic mix of your mutt? Embark, a doggie DNA startup has raised $4.5 million in seed to expand its offering of genetic kits for your pup’s pedigree.