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This week, Tech.eu tracked 15 technology M&A transactions, one IPO, and 81 tech funding deals (totaling €401 million, about $447 million) in Europe, Turkey, and Israel.
Here’s an overview of the 10 biggest European tech news items for this week:
1) Google poured scorn on E.U. allegations that it skewed shopping search results to favor its own services. The company said regulators lack evidence and have failed to see that it is competing head on with ecommerce giants Amazon.com and eBay.
2) Mail.Ru has acquired Russian food delivery business Delivery Club from Berlin-based, Rocket Internet-backed Foodpanda for $100 million in cash.
3) The U.K. government unveiled the new National Cyber Security Strategy, with around £1.9 billion ($2.33 billion) to be invested in improving cyber security and capabilities between 2016 and 2021.
4) The corporate VC arm of German reinsurance company Munich Re Group has made a $23 million strategic investment in Relayr, a Berlin-based startup creating technologies that allow industrial customers to harness the Internet of Things.
5) Fitbit, Jawbone, and other fitness wristbands will imminently be hit with formal complaints from Norway’s consumer watchdog for breaking European privacy laws.
6) Spotify has announced its acquisition of Preact, a U.S.-based provider of customer service and predictive analytics software. Terms of the acquisition were not disclosed.
7) Oslo’s The Future Group, a social entertainment platform that blends virtual interactivity with TV, has raised $20 million in a Series C round from Ferd and Aker ASA, along with 25 other investors.
8) Apple apparently has a secret office in Cambridge where it’s working on Siri, the company’s AI-powered personal assistant.
9) Rocket Internet’s cleaning service ZipJet has acquired its London-based competitor, Asteria Cleaners.
10) Graphcore, a U.K.-based startup developing new technology to deliver acceleration for machine learning and AI applications, has completed a $30 million Series A funding round from Robert Bosch Venture Capital, Samsung Catalyst Fund, Amadeus Capital Partners, Draper Esprit, and others.
Bonus link: TOP 50: Europe’s most influential women in the startup and venture capital space
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This story originally appeared on Tech.eu. Copyright 2016
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