This week, Tech.eu tracked 15 technology M&A transactions, one IPO, and 70 funding deals (totaling €294 million, about $320 million) in Europe, Turkey, and Israel.
Here’s an overview of the 10 biggest European tech news items for this week:
1) Naspers has sold Polish eBay rival Allegro to a consortium of private equity firms for $3.3 billion.
2) Amazon.com is considering offering internet service directly to consumers in Europe.
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3) Time Out has bought London events startup YPlan for a mere £1.6 million in stock, after the company raised £31 million from big-name investors like movie star Ashton Kutcher, General Catalyst Partners, Shakil Khan, and Brent Hobermann.
4) Israel-based Oryx Vision announced a $17 million Series A funding round led by Bessemer Venture Partners for a new kind of object-detection technology aimed at the blooming self-driving car market.
5) Website owners are free to store users’ internet addresses to prevent cyber attacks, the European Union’s top court said on Wednesday, rejecting a claim from a German privacy activist who sought to stop the practice.
6) Tencent said a consortium formed to buy game developer Supercell has raised $850 million by selling new shares to investors, including Chinese state-owned investment firms AVIC Capital and CITIC Capital.
7) Microsoft is seeking EU antitrust approval for its $26 billion bid for social network LinkedIn.
8) Two new notable funds have seen the light of day in Europe: K Fund (Spain) raised €50 million, while Daphni (France) secured €150 million.
9) Intel’s fight against a record €1.06 billion EU antitrust fine received a boost on Thursday when a top European court adviser questioned whether the U.S. chipmaker’s actions had really harmed competition.
10) The Sonnen Group, a Wildpoldsried, Germany-based provider of intelligent battery storage, completed an $85 million financing round.
Bonus link: Meet the bioinformatics startups applying AI and machine learning to genetics to bring precision medicine to Europe.
This post first appeared on Tech.eu.
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