Acquisition

33 stories
The Parent Market
Care.com taking steps to become the all-in-one, mom-geared family care site
Image of "mother with boy playing" via Shutterstock
Waltham-based Care.com (NYSE: CRCM), which has been the only local tech company to go public in a year when many Boston tech IPOs were expected, released its second-quarter numbers last week, showing increased growth of its total members. More important for the continued success of the online family care company may be the two pieces of news that came as the second quarter was ending: The acquisition of social commerce platform Citrus Lane and the launch of its BigTent mobile app. Read More
Go long
DraftKings acquires DraftStreet, combining major daily fantasy platforms
brady
Boston-based DraftKings has acquired one of its fantasy sports rivals, DraftStreet, in a move that will increase its user base by 50 percent, according to the company. The deal combines the second- and third-largest daily fantasy sports sites, and should create a stronger competitor for industry leader FanDuel. Financial terms were not disclosed. Read More