Acquires

Zoom today announced plans to acquire Workvivo, a six-year-old Irish startup focused on improving companies’ internal communications and culture. Terms of the deal weren’t disclosed. While many enterprise communication tools — such as Zoom — specialize in real-time communication, Workvivo is very much about the asynchronous. The platform is less about project-specific collaboration than it

April 11, 2023 9:00 AM Connect with top gaming leaders in Los Angeles at GamesBeat Summit 2023 this May 22-23. Register here. Video editing software firm VideoVerse has acquired Reely.ai, which uses AI to automatically create esports and gaming videos. The price wasn’t disclosed. VideoVerse is a software-as-a-service platform and it is adding new capabilities

Flagstar Bank, a top-20 mortgage lender, has assumed most Signature deposits and acquired certain assets, business lines and liabilities. ...

Crypto companies will have to find another bank to use. Key Takeaways The FDIC announced yesterday that New York Community Bancorp would purchase Signature Bank through its subsidiary, Flagstar. However, Flagstar’s bid excludes Signature Bank’s crypto clients. Signature Bank board member Barney Frank believes regulators shut down the institution to “send the message that crypto

Open source observability platform Grafana Labs today announced that it has acquired Pyroscope, the company behind the eponymous open source continuous profiling platform. Founded in 2020, the Y Combinator-backed Pyroscope raised a seed round in 2021 and counts the likes of Sensor Tower, Confluent, Line and Plaid among its customers. Grafana plans to integrate Pyroscope

Data stuck in software silos has limited value. And having staff manually extract data from multiple sources from the field and office...

HSBC UK is acquiring Silicon Valley Bank UK for a symbolic £1. The deal comes after a tense weekend of frantic negotiations by the U.K. government, regulators and a suite of other potential suitors in the wake of the U.K. business, a subsidiary of the troubled U.S. entity, entering insolvency procedures on Friday. The deal