Visa announced that it plans to acquire Plaid, a startup that connects payment apps like Venmo to users’ bank accounts to transfer funds they have received through the apps. The acquisition will cost Visa a whopping $5.3 billion, although the company Plaid was valued at $2.65 billion just a year

VMware, a US tech giant, announced that it had formally acquired Pivotal Software, which is a leading platform provider of digital transformation and technology services. After the acquisition was first announced in August, it closed this month for $2.7 million. The acquisition means that Pivotal Software will be essential to