Skip to main content

Share story

Products

Vienna Insurance Group agrees to buy 25% of Dolphin Technologies

Vienna Insurance Group has signed agreements to acquire a 25% stake in Dolphin Technologies, a Vienna company whose driving-data software is already used by seven of the insurer's businesses. The purchase remains subject to approval by the Federal Competition Authority. Dolphin's technology can be added to customer apps to provide driving feedback, assistance and emergency features. Depending on the insurance product, driving behavior can also determine cashback or bonuses. The investment deepens a partnership dating to 2022 and could support wider use of the software across VIG's markets.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from insurance-edge.net and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Products
Products

Fox closes $22 billion Roku acquisition

Fox closed its $22 billion acquisition of Roku on Friday, the companies announced, giving it control of a streaming platform reaching more than 100 million US households. Roku founder Anthony Wood now serves on Fox's board.

Products
Products

Dragonpass acquires iCoupon to expand digital voucher network

Dragonpass announced its acquisition of digital voucher business iCoupon, combining its travel benefits platform with technology connecting 200 airlines, over 400 airports and 4,000 retail units across 56 countries.

Infrastructure Products
Infrastructure Products

Google buys Crusoe's Wyoming data centre site to build it itself

Google has bought Crusoe's data centre site in southeast Wyoming and will build the project itself, Crusoe said Friday. The acquisition follows Google's announcement a day earlier that it would spend $17B on its first Wyoming data centre in Laramie County.

Products
Products

DraftKings shares fall as much as 29% after profit forecast cut

DraftKings shares fell as much as 29% on Friday after the company cut its profit forecast, Bloomberg reports. The company continues investing heavily in prediction markets. Chief executive Jason Robins said most of the $650 to $700 million was spent acquiring new customers.