Gust acquired Fundacity, a startup with Hungarian roots

Gust acquired Fundacity, a startup with Hungarian roots

Gust, a global investment platform has acquired Fundacity, a service powering startup accelerator programs. The combined platforms will allow accelerators on Fundacity to introduce their graduates to Gust's network of more than 45,000 accredited investors.

Fundacity, an online platform that connects startups with accelerators, investors and competitions, has announced it has been acquired by Gust, a global funding platform that helps startups manage and source for early-stage investments.Read more »

IBM acquires Ustream, one of the 3 top tech startups from Hungary

IBM acquires Ustream, one of the 3 top tech startups from Hungary

IBM announced that it has acquired top Hungarian tech startup UStream. The financial terms of the acquisitions were not disclosed, Fortune reported about the deal valued at $130 million. Ustream joins the newly-formed IBM Cloud Video Services unit.

Ustream, in operation since 2007, delivers live and on-demand video streaming to enterprises and broadcasters for everything from corporate keynotes to live music concerts. The company streams live and on-demand video to about 80 million viewers per month for customers such as NASA, Samsung, Facebook, Nike and The Discovery Channel. Read more »

LogMeIn acquired LastPass password manager for $125 million

LogMeIn acquired LastPass password manager for $125 million

Hungarian remote computing company LogMeIn acquired password management service LastPass for $125 million. It is a good buy for LogMeIn, which already has millions of customers who care about secure access to multiple devices and accounts.

LogMeIn acquired the popular single-sign-on (SSO) and password management service LastPass in a deal worth at least $120 million. A high growth business with millions of loyal users and an award winning product line, LastPass will immediately bolster LogMeIn's position in the multi-billion dollar identity and access management (IAM) market, while accelerating one of the company's key strategic growth initiatives.Read more »

BlaBlaCar acquires hungarian AutoHop and expands to the CEE region

BlaBlaCar acquires hungarian AutoHop and expands to the CEE region

Hungarian ridesharing service AutoHop has been acquired by BlaBlaCar for an undisclosed amount. AutoHop has just recently entered the Romanian, Croatian and Serbian markets last summer. Following the acquisition, BlaBlaCar is now present in 18 countries.

Hungarian ridesharing service AutoHop has been acquired by BlaBlaCar, a well known platform from France, for an undisclosed amount. After this acquisition, BlaBlaCar is present in 18 countries.Read more »

Foodpanda acquired hungarian food delivery portal NetPincer

Foodpanda acquired hungarian food delivery portal NetPincer

Foodpanda has announced the acquisition of three national operations across Central Europe. In Hungary, the german group has acquired leading food delivery portal, NetPincer. The acquisition of NetPincer makes foodpanda the market leader in Hungary.

Foodpanda, the startup from the Samwer brothers’ Rocket Internet incubator has announced the acquisition of three national operations across Central Europe In Hungary, the german group has acquired food delivery portal NetPincer, which has been operating since 1999 and works with over 550 restaurants across the country. The acquisition of NetPincer makes foodpanda the market leader in Hungary.Read more »


 
 
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