Buys U.K. Couponstar After Big Fund-Raising Round

Following two back-to-back rounds worth $230 million, says it has acquired the remaining 50 percent stake in Couponstar, a European digital coupons company. Terms of the deal were not disclosed., which is working to make traditional paper coupons digital, raised $30 million last week from Greylock Partners, which valued the company at $1 billion. In June, it received a $200 million cash injection.

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik