Today in Germany: Ascending Technologies, barzahlen

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AscTec-Falcon-8_PRESS_IMAGE_01_72dpi

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Intel acquires Ascending Technologies

Focussing on small drones and software to make them fly, the high-tech company Ascending Technologies started in 2007 in Krailling (near Munich). Now, Intel acquired it and its 75 employees. Details of the deal remain undisclosed.
[TechCrunch]

Barzahlen raises one-digit million round

Germany-based Grenke Bank invests in Berlin-based FinTech startup Barzahlen. The startup lets you pay online invoices offline – at e.g. Telekom shops or Rewe supermarkets. According to Company Registry, the bank now holds 25% of the startup.
[Gründerszene] (German)

Image: Ascending Technologies