Slack CEO strategy, Frasers Group founder, and acquisitions including Swipii, Cerberus, HotelTonight, and Brightly.

Swipii acquired by Paymentology in 2021

Swipii was a loyalty platform for small independent shops that replaced paper stamp cards and single-brand point schemes with card-linking. Customers earned cashback or rewards automatically when they paid with...

KORE Wireless buys Cerberus Telecom for IoT

KORE Wireless, a public IoT provider trading on the New York Stock Exchange as KORE, acquired Cerberus Telecom in 2021. The deal closed and Cerberus's assets and operations were folded...

Mike Ashley: Frasers Group billionaire founder

Mike Ashley is the British billionaire founder of Frasers Group, the retail conglomerate formerly known as Sports Direct. He bought Newcastle United in May 2007 and sold it in October...

The Rise and Fate of the UK's AI Unicorns

The United Kingdom produced five notable artificial intelligence unicorns in the decade after 2010. Every one of them has since been acquired by a foreign company, seen its public valuation...

Zego buys Drivit for fleet risk data

In March 2020, London insurtech Zego acquired Drivit, a local startup that used phone sensors to track how people drive. The deal was structured as an acqui-hire and tech purchase....

Siemens buys Brightly Software for $1.875B

On June 27, 2022, Siemens AG agreed to buy Brightly Software, a U.S. provider of cloud-based asset and maintenance management software, for $1.875 billion in cash. The seller was private...