risk management – Fusion Nepal

acquisition ambient intelligence berlin deutsche telekom device management Energy Efficiency Europe Exit Fundings & Exits Hardware insurance Internet of Things Iot Kleiner Perkins Munich Re relayr risk management

Munich Re buys IoT middleware startup, relayr, in deal worth $300M

sudshr47 September 4, 2018 Startups

Berlin based Internet of Things (IoT) startup relayr, whose middleware platform is geared towards helping industrial companies unlock data insights from their existing machinery and production line kit by linking Internet connected sensors and edge devices to platform controls, has been acquired by insurance group Munich Re in a deal which values the company at […]

fraud M&A Payments PayPal risk management Simility TC

PayPal to buy Simility, a specialist in AI-based fraud and risk management, for $120M

sudshr47 June 21, 2018

Payment provider PayPal continues apace with its acquisitions streak to bring more modern tools into its platform to serve its 237 million customers. Today the company announced that it is buying Simility, a fraud prevention specialist, for $120 million in cash. PayPal had been an investor in Simility (it owns three percent of the company, […]