IAC - Mergers and acquisitions

Bending Spoons announces today that it has agreed to acquire the assets of IAC mobile software subsidiary Mosaic Group for an undisclosed sum, subject to closing conditions. Under the terms of the agreement, Bending Spoons will acquire Mosaic Group's assets, including its digital product suite that contains popular mobile apps such as Clime, Robokiller, and iTranslate, as well as its intellectual property. Bending Spoons CEO, Luca Ferrari, said, "We're looking forward to welcoming the Mosaic app collection into the Bending Spoons portfolio, and are committed to making sure the products continue to be successful for years to come." The transaction is expected to close in the first quar

NEW YORK, April 11, 2023 /PRNewswire/ -- Today IAC (NASDAQ:IAC) announced the completion of an $80 million all cash transaction to acquire the land under its iconic New York City headquarters at 555 West 18th Street. The transaction unites IAC's landmark building designed by world-renowned Frank Gehry—which has helped define the area's reformation and landscape—with the ground beneath it. "Our building was always more than an office. We didn't want to build another skyscraper, we wanted to excite the imagination, stimulate ideas and collaboration, and do so in an area of the c

SAN FRANCISCO, Sept. 14, 2022 /PRNewswire/ -- Vivian Health, an IAC (NASDAQ:IAC) company and the leading healthcare jobs marketplace serving healthcare professionals first, today announced an agreement with Lume, a banking platform for healthcare workers, which allows Vivian to leverage Lume's technology to create new banking and financial services for the more than 800,000 registered clinicians on the Vivian platform. As part of the agreement, Lume co-founders Christopher Chang and Shantanu Joshi will join Vivian Health to lead product and engineering efforts focusing on developing new financial products and value-added services that directly benefit healthcare professionals, furthering Viv