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Strava CEO Michael Martin says Strava plans to launch a US IPO; Sensor Tower says Strava has 50M MAUs and users spent $180M+ on Premium in the year to September (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times : Strava CEO Michael Martin says Strava plans to launch a US IPO; Sensor Tower says Strava has 50M MAU...

13 October 2025

Warburg Pincus agrees to acquire German industrial software company PSI for over €700M, offering €45 per share; PSI's stock closed at €33.20 on October 10 (Reuters)

Reuters:
Warburg Pincus agrees to acquire German industrial software company PSI for over €700M, offering €45 per share; PSI's stock closed at €33.20 on October 10  —  - PSI shares jumped nearly 11% after takeover news on Friday  — Warburg Pincus to maintain PSI's management structure

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