Just Eat offloads Netherlands and Belgium business to Takeaway.com for €22.5M

Just Eat The latest move in the online takeout ordering space sees publicly-listed Just Eat sell its Benelux businesses (the Netherlands and Belgium) to rival Takeaway.com. The transaction consists of €22.5 million payable in cash, of which 80 per cent is being paid up front, and 20 per cent will be paid 6 months after completion, “subject to the satisfaction of certain obligations”. Read More

Verizon buys Fleetmatics for $2.4B in cash to step up in telematics

shutterstock verizon sign Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it’s buying Fleetmatics, a telematics company based out of Dublin, Ireland, for $2.4 billion in cash, to build out the products that it offers to enterprises in the areas of logistics and workforces that are on the move. The deal will make Fleetmatics a part… Read More

Microsoft awards hardware startup ENTy the 2016 Imagine Cup

ENTy-pose The festivities have wrapped for Microsoft’s Imagine Cup, a global competition among students and young people to create new software and devices. The winner this year was ENTy, a polished and highly practical hardware solution for tracking posture, helping with diagnosis and possibly treatment of diseases that affect balance. Read More