Rumours can be fun – especially if they involve a lot of cash for European startups. In the last two weeks alone, there were three interesting rumours about some upcoming acquisitions in Berlin.
The first one was about Sociomantic (Update – May 2023: The startup seems to be no longer in business under this website, and we therefore deactivated the original link). The successfully bootstrapped company, which operates in the field of programmatic advertising, was rumoured to soon be acquired by Dunnhumby – a data and customer insights company owned by Tesco. Business Insider was the first publication reporting of the rumour and has estimated the deal size to be between $175 million to $200 million. Wow!
The second rumour was about Takeaway.com acquiring the Berlin-based food delivery startup Lieferando. Sources at Deutsche-Startups.de stated that the paid sum was more than €50 million. Neither companies has confirmed nor denied this acquisition yet.
The third and most recent acquisition rumour is about ReadMill (Update – May 2023: The startup seems to be no longer in business under this website, and we therefore deactivated the original link). The social and shareable reading platform could be sold to Dropbox soon. TechCrunch today reported that the deal value could be around $8 million (paid mostly in stock). An acqui-hire, an acquisition or a rumour? We’ll soon find out!
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[…] dunnhumby acquires Berlin-based Sociomantic Posted on April 3, 2014 by Thomas Ohr After the rumours of last week it is now official: The leading customer science company dunnhumby (a subsidiary of […]
[…] acquires Lieferando and raises €73 million Posted on April 10, 2014 by Thomas Ohr After the rumours of last week it is now official: Takeaway.com acquires the Berlin-based food ordering startup […]