There were 405 acquisitions of New York companies in 2019, down from the 409 in 2018. Today, I shine a spotlight on 22 of these notable transactions involving NYC startups that were acquired during 2019. I have included the acquiree, the acquirer, transaction amount (when available), time from founding to exit (the average for this group was 6.14 years), as well as investors and total funding raised by the target.
littleBits Electronics, the open-source library and maker of electronic modules and kits to foster STEM learning, has been acquired by Boulder-based Sphero. The terms of the transaction were not disclosed. “When I studied engineering, it was top-down, test-based,” said Ayah Bdeir, founder of littleBits. “I hated it and wanted to quit every semester. Then I […]
The shock ripped through the industry, on almost every social media platform techies were bemoaning the loss of Anki. As a former robo-toy maker, I read the epitaph months earlier in the title of Lara Sorokanich’s Medium post, “Anki’s AI Robot Is a Delightful (and Expensive) Desk Toy.” When asked this week to comment, I could […]
Ever since the première of “Steamboat Willie” in 1928, The Walt Disney Company has pushed the envelope of imagination. Mickey Mouse is still more popular worldwide than any single human actor. In fact, from that one cel an entire world of animated characters was birthed. The entertainment powerhouse demonstrated last week a new generation of […]