This week, Tech.eu tracked 10 technology M&A transactions and 58 funding deals (totaling €406 million) in Europe and Israel – here is what you should know
Happy Sunday! This week, Tech.eu tracked 10 technology M&A transactions and 58 funding deals (totaling €406 million) in Europe and Israel.
Here’s an overview of the 10 biggest European tech news items for this week:
1) Done deal, one of the larger exits in European tech history: Activision Blizzard closes $5.9 billion acquisition of King, makers of Candy Crush
3) Google’s London AI powerhouse has set up a new healthcare division and acquired a medical app called Hark
4) Messaging app Telegram surpasses 100 million users, backs Apple on encryption
5) Swedish payments firm Klarna shifts focus to U.S. as revenues swell to $331 million in 2015
8) Spanish tech giant Scytl spin-offs citizen engagement platform with the support of Telefonica Open Future. Both companies will invest a combined €35 million in the project
9) Remember the UK and Italy asking Google to pay a fair amount of taxes? France could be seeking €1.6 billion in back taxes from the search giant
10) European telcos got together in Barcelona this week, asked for level playing field as they battle startups
Bonus link: European tech scene begins to feel Silicon Valley’s woes
This post was originally published on Tech.eu.