ECONOMY

Decline in start-up company buyouts

decline-in-start-up-company-buyouts

The Greek startups ecosystem saw just one corporate acquisition this year, from two in 2018, according to a report by Found.ation.

Online radio station manager Radiojar was bought out in March by US company iHeartMedia.

On the contrary in the years 2016 and 2017 a total of 10 startups had been acquired, such as Beat (Taxibeat), Quizdom and Innoetics.