Zscaler, a cloud security company with headquarters in San Jose, California, has acquired cybersecurity startup Avalor 26 months after its founding, reportedly for $ 310 million in cash and equity. In a press release announcing the news, Zscaler founder and CEO Jay Chaudhry said that the deal would expand Zscaler’s platform with capabilities including streamlined reporting […]
Nikon buys film camera maker RED
Ever heard of Oakley Sunglasses? The guy who founded that – Jim Jannard – became a billionaire after selling a lot of sunnies, then went on to found RED digital cinema, one of the first major digital cinema camera brands. Today, Nikon announced that Nikon Corporation has announced its agreement to acquire the camera manufacturer, […]
Florida man buys Cake’s remaining US inventory of electric motorbikes
The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Michael Joyce, who runs a retail shop in St. Petersburg called Emoto, tells TechCrunch that he bought all of the Cake Makka and Ösa motorbikes that had been shipped stateside […]
Beamer buys Userflow to build a consolidated user experience platform
It’s M&A season in a tough tech jobs market. This morning, Beamer, a Boulder, Colorado-based company developing tools for businesses to reach users through their apps (e.g. via push notifications), announced that it’s acquiring Userflow, a user onboarding software startup, for $ 60 million. Beamer CEO Satya Ganni says that the purchase, which is being […]
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether. El Salvador Buys the Bitcoin Dip Amid a crypto bloodbath, El Salvador has […]