Mergers and Acquisitions

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The company behind ClassPass and Mindbody just got a lot bigger with a $7.5B merger

Biotech & Health, classpass, Digital Marketing, Fitness, Mergers and Acquisitions, SEO Tips, Startups, Technology /
The merger is a sign that the fitness industry is continuing to move toward consolidation to compete at a larger scale. Recent moves include MyFitnessPal acquiring Cal AI, an AI calorie counting app, and Strava buying two apps: cycling app The Breakaway and running app Runna.

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Netflix may have paid $600 million for Ben Affleck’s AI startup

AI, Digital Marketing, filmmaking, Media & Entertainment, Mergers and Acquisitions, Netflix, SEO Tips, Technology /
Last week, Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that helps filmmakers edit footage in post-production. This deal could be worth up to $600 million, according to Bloomberg, potentially ranking it among the streaming giant’s largest acquisitions ever. The most Netflix has ever paid for a single acquisition was […]

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