In the last five years, sales in technology companies have doubled, exceeding €1.8 billion. This growth is due to the exit of the crisis in our country and the growth of the startup ecosystem. What have been the biggest sales in the period 2016-2017? We have detected 4 technology companies that have been bought by foreign investors for a price greater than €100M. All of them had previously completed investment rounds.
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Vente-privee buys competitor Privalia
France's Vente-Prive, which specialises in the sale of online stock, has bought its Spanish competitor Privalia, for a price that although not disclosed is estimated to be around €500M. This operation responds to the objective of strengthening its presence in France and Spain, with the creation of an e-commerce giant of €2,500M. With this operation, the French giant aims to grow by 40% internationally.