acquisitions
Stories tagged acquisitions.
Travel VC Funding Falls Again as AI Startup Rounds Halve
Venture funding for travel companies slipped for a second consecutive quarter in 2026, with the number of AI-native startup rounds cut in half between the second and third quarters.
Movado Agrees to Sell 95% of Ebel for $66.5 Million to F.P. Journe-Led Group
Movado Group has entered a binding agreement to sell 95 percent of watchmaker Ebel to a group led by F.P. Journe, with Chanel and industry veteran Pierre Jacques participating. The $66.5 million deal is expected to close within the next few months.
AMD to Buy World Labs in $8.2 Billion AI Deal, Fei-Fei Li to Join as Chief Scientist
AMD has agreed to acquire World Labs, the deep learning startup founded by AI pioneer Fei-Fei Li, for $8.2 billion. Li will join AMD as executive vice president and chief scientist once the deal closes.
OpenAI Acquires Smartphone Camera Startup Glass Imaging in Deal Valued Above $300 Million
OpenAI has bought Glass Imaging, a Los Altos, California-based company that uses AI to push past the physical limits of smartphone camera hardware. The reported deal value exceeds $300 million.
Travel + Leisure Co. Invests $343 Million in Two Timeshare Acquisitions
Travel + Leisure Co. has acquired Yes& Vacations and agreed to purchase Spinnaker Resorts for a combined $343 million upfront, signaling ongoing consolidation in the timeshare industry.