This Week in Tech M&A – October 3rd, 2014

By on October 3, 2014

firework-17395_640Good morning, and happy Friday. Here’s a roundup of news from the week in tech M&A:

Exits

South Korean wireless giant SK Telecom acquired in-store shopping loyalty app Shopkick, for a reported $200 million.

Capital One has acquired San Francisco-based design firm Adaptive Path.

Perzo, an instant messaging software company, has been acquired for $66 million by 14 financial firms led by Goldman Sachs to help traders communicate.

Amazon completed its close-to-$1 billion-acquisition of video game streaming service Twitch.

In startups-becoming-buyers news, workplace communication app maker Slack just made its first acquisition, picking up document collaboration startup Spaces. Terms were not disclosed.

NRG Energy is buying solar company Pure Energies Group.

UnitedHealth Group, Inc. is acquiring MedSynergies for an undisclosed amount.

Kakao officially closed its acquisition of Daum Communications in a tie-up of major South Korean Internet companies.

Not strictly tech related, but Johnson & Johnson is acquiring Alios BioPharma for close to $2 billion.

Quantcast has acquired retargeting and personalization startup Struq, for an undisclosed amount.

IPO’s

According to a study by the National Venture Capital Association, the US just had its sixth consecutive quarter with 20 or more venture-backed IPOs. The biggest winner is health care.

Rocket Internet priced its IPO at the top of its expected range Thursday, initially valuing the company at $8.5 billion, but shares quickly dropped.

Wayfair, an online furniture retailer, priced its IPO and gained 30% in its first day of trading giving the company a market value of $3.1 billion.

Not tech related, but we all like video games: Dave and Buster’s is filing for IPO.

EBay is spinning out PayPal, and intends to take it public.

Data

How to rate and understand the black swan.

Funding

Starboard Value, the big investor in Yahoo’s attempted comeback, is making some suggestions to Marissa Mayer on how to run things.

Must Reads

Selfie drones? Who cares. The real news is that this may be the official start of personal robots.

Jawbone designed an app that negated the need for wearables. Crazy?

Of course, much in the news lately about burn rates. One founder gives a practical guide for assessing your own startup’s burn, while entrepreneur/VC Mark Suster provides another framework for assessing. Meanwhile at TechCrunch, Alex Wilhelm sees all this conversation as a harbinger of good for transparency.

Much has been written about corporate tax havens and tech companies. It appears the gift just keeps on giving for Apple.

Eric Schmidt and former Google SVP of products just released a co-authored book. Among other things, they detail the “brutal” competition between Google & Apple.

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