Posted by Alumni from TechCrunch
January 4, 2025
Welcome to 2025! The first half of the week was relatively quiet in terms of startup announcements, but activity is already starting to pick up. We're also gearing up for CES; if your hardware startup is attending, make sure to let us know. 2024's last mega-deal: World Wide Technology (WWT), a tech services company based in St. Louis, agreed to acquire Canadian IT provider Softchoice in an all-cash mega-deal at a valuation of approximately $1.25 billion. 2024's last curtain close: French food delivery startup Epicery ceased operations after nine years. Since 2021, it belonged to Geopost/DPDgroup, which recently sold last-mile delivery service Stuart at a significant loss. No done deal: The U.K.'s Competition and Markets Authority (CMA) opened an investigation into IBM's planned acquisition of cloud software vendor HashiCorp, which the Federal Trade Commission is already investigating. Competition ahead: In an interview with TechCrunch, Robinhood CEO Vlad Tenev talked about his... learn more