5. January 2016–
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.
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.
Image: Ascending Technologies