SA国际传媒

Here’s what you need to know today in startup and venture news, updated by the SA国际传媒 News staff throughout the day to keep you in the know.

Microsoft to buy Activision for $68.7B

announced to acquire game developer .

The software giant will acquire Activision Blizzard for $95 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard鈥檚 net cash.

When the transaction closes, Microsoft says it will become the world鈥檚 third-largest gaming company by revenue, behind and .

— Joanna Glasner

Wayve raises $200M

, a U.K.-based developer of technology for autonomous delivery vehicles, raised $200 million in a Series B funding round led by and joined by a long list of venture and strategic investors.

— Joanna Glasner

Funding round

Pinwheel picks up $50M: , a New York-based provider of payroll technology, raised $50 million in a Series B funding round led by . The startup describes itself as payroll connectivity API company used by financial institutions to update direct deposits and access income and employment data.

— Joanna Glasner

Funds

Blossom Capital closes $432M for European Series A fund: has closed on its third fund of $432 million to invest in European startups at Series A. This is its largest fund to date. Fund two was announced in January 2020, at $185 million.聽 The firm has most recently led Series A fundings in , and

— Gen茅 Teare

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