New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million. Other retailers are also expected to be making bids. The news was first reported by Forbes and confirmed to TechCrunch by a source with knowledge of the situation. We’re hearing that the company is aiming to make a decision this weekend. Founded… Read More
Appcanary, a Y Combinator-incubated service that helps developers scan the third-party packages and libraries they use to write their code for potential security vulnerabilities, today announced that it will shut down its service on June 1 and that the team is joining GitHub.
The two companies did not disclose the financial details of the transaction, but our understanding is that this is… Read More
Digital security solutions provider Gemalto has agreed to a €51 per share acquisition offer from French aerospace and defense firm Thales — in a deal worth around $5.43BN. Read More
Marketing tech company Zeta Global is making good use of its recent $140 million Series F funding round. After acquiring Boomtrain, the company today announced it has acquired Disqus, a service you’re probably familiar with thanks to its ubiquitous online commenting service that powers the commenting sections of sites that range from TMZ to The Atlantic and Entertainment Weekly. Read More
Last month Qualcomm rejected a $70 per share acquisition offer from Broadcom — but the rival chipmaker isn’t stepping away. Today it’s announced it’s nominated a slate of eleven directors for Qualcomm’s board. Read More
Private equity giant Thoma Bravo has agreed to buy Barracuda Networks in a take-private deal valued at $1.6 billion. The company was offered $27.55 per share, about 16% above Friday’s close. This is above Barracuda’s 52-week high, but it’s down from the over $40 share the stock was trading at in 2015. Barracuda went public in 2013. Campbell, California-based Barracuda,… Read More
Qualcomm’s board of directors has unanimously voted to reject an acquisition offer from rival chipmaker Broadcom. Read More