Archives

Why Caesars Entertainment (CZR) Is Buying William Hill (WMH) For £2.9 Billion

By Amit Chowdhry ● Oct 2, 2020

Caesars Entertainment, Inc. (NASDAQ: CZR) and William Hill PLC (LSE: WMH) announced that Caesars will acquire the entire issued and to be issued share capital of William Hill for approximately £2.9 billion.

Zynga (ZNGA) Closes The $180 Million Rollic Deal

By Amit Chowdhry ● Oct 2, 2020

Today Zynga Inc. (Nasdaq: ZNGA) closed its $180 million deal of Istanbul-based mobile games developer Rollic.

Why Apollo’s Covis Is Buying AMAG Pharmaceuticals In A $647 Million Deal

By Noah Long ● Oct 2, 2020

Covis announced this week that it is buying AMAG Pharmaceuticals (NASDAQ: AMAG) for $13.75 per share in cash, or approximately $498 million ($647 million on an enterprise basis).

Goldman Sachs Group (GS) Buying GM’s Credit Card Operations For $2.5 Billion, Says Report

By Amit Chowdhry ● Oct 2, 2020

Goldman Sachs Group Inc (NYSE: GS) has reportedly won the bid for the credit card business for General Motors Company (NYSE: GM) in a deal valued at $2.5 billion.

Warehouse Robotics Solutions Company Exotec Closes $90 Million

By Amit Chowdhry ● Oct 2, 2020

Exotec — a leading robotics solution for logistics and the creator of the Skypod 3D warehouse robots — announced that it has raised $90 million in funding.

Application Performance Company Pixie Labs Raises $9.15 Million And Emerges From Stealth

By Amit Chowdhry ● Oct 2, 2020

Pixie Labs announced it emerged from stealth with its first product called Pixie and it raised $9.15 million in Series A funding.

SAP To Buy Omnichannel Customer Engagement Company Emarsys

By Dan Anderson ● Oct 1, 2020

SAP SE (NYSE: SAP) has announced it has entered into an agreement to buy Emarsys. These are the details.

Why Arista Networks (ANET) Is Buying Awake Security

By Amit Chowdhry ● Oct 1, 2020

Arista Networks (NYSE:ANET) announced this week that it entered into a definitive agreement to buy Awake Security. These are the details.

Microsoft (MSFT) And Datadog (DDOG) Sign Strategic Partnership

By Amit Chowdhry ● Oct 1, 2020

Datadog, Inc. (NASDAQ: DDOG) announced this week that it signed a strategic partnership with Microsoft Corporation (NASDAQ: MSFT).

Educational Technology Company BEGiN (Known For HOMER) Raises $50 Million

By Dan Anderson ● Oct 1, 2020

BEGiN — the company known for its early learning program HOMER — announced that it has raised $50 million in a Series C funding round.

Data Science Scaling Company Coiled Raises $5 Million

By Noah Long ● Oct 1, 2020

Coiled — a modern solution for seamlessly scaling data science, machine learning, and AI in Python — announced that it has raised $5 million.

Online Back Office Platform Collective Raises $8.65 Million

By Dan Anderson ● Oct 1, 2020

Collective — an online back office platform designed for businesses-of-one — announced that it has raised $8.65 million in funding.

Walmart (WMT) Launching New Store Designs

By Dan Anderson ● Oct 1, 2020

Walmart Inc (NYSE: WMT) is deploying new store designs at 200 locations this fiscal year and 1,000 by next fiscal year.

McDonald’s (MCD) Hires Katie Beirne Fallon As Chief Global Impact Officer

By Annie Baker ● Oct 1, 2020

McDonald's Corp (NYSE: MCD) announced it has named Katie Beirne Fallon as its Chief Global Impact Officer.

Ford Motor Company (F): Operational And Leadership Changes Announced

By Amit Chowdhry ● Oct 1, 2020

Ford Motor Company (NYSE: F) announced changes in how it plans to streamline its global business by making changes in how the company is organized and operates. These are the details.

Kroger Co (KR): New $95 Million Customer Fulfillment Center And Supply Chain Head

By Amit Chowdhry ● Sep 30, 2020

This week, Kroger announced a new $95 million customer fulfillment center and a new supply chain executive.

Virtual Book Club Platform BookClub Closes $6 Million

By Dan Anderson ● Sep 30, 2020

BookClub — a platform that was built for scaling author-led book clubs — announced that it has raised $6 million in a seed round of funding.

Creative Student Experience App Company HAGS Raises $1 Million

By Amit Chowdhry ● Sep 30, 2020

HAGS — a company that is building creative and fun digital experiences for Gen-Z students — announced that it has raised $1 million in a seed round of funding led by GV.

Why Boxlight (BOXL) Is Buying Sahara Presentation Systems For $94.9 Million

By Annie Baker ● Sep 30, 2020

Boxlight Corporation (Nasdaq: BOXL) — a leading provider of interactive technology solutions for the global education market — recently announced it was buying Sahara Presentation Systems PLC.

SINA To Go Private In $2.59 Billion Deal

By Dan Anderson ● Sep 30, 2020

Leading Chinese social media company SINA Corp (NASDAQ: SINA) recently announced a deal to go private.

Shopify (SHOP): Management Shuffles Around As CPO Departs

By Amit Chowdhry ● Sep 29, 2020

Today Shopify Inc (NYSE: SHOP) announced several management changes. These are the details.

Facebook (FB) Promotes Alex Schultz To Chief Marketing Officer

By Amit Chowdhry ● Sep 29, 2020

Facebook, Inc. (NASDAQ: FB) announced it is promoting Alex Schultz to the role of chief marketing officer.

Cleveland-Cliffs Buying ArcelorMittal USA In Estimated $3.3 Billion Deal

By Annie Baker ● Sep 29, 2020

Cleveland-Cliffs Inc (NYSE: CLF) announced this week that it is buying the U.S. operations of ArcelorMittal (NYSE:AM) in a deal valued at about $3.3 billion.

Match Group (MTCH) Names Tracey Breeden As Head Of Safety And Social Advocacy

By Annie Baker ● Sep 29, 2020

Match Group (NASDAQ: MTCH) announced that Tracey Breeden, former Head of Women's Safety and Gender-Based Violence Operations at Uber, will join the company as its new Head of Safety and Social Advocacy.

Ford Motor Company (F) Investing C$1.8 Billion To Build Electric Vehicles In Ontario

By Dan Anderson ● Sep 29, 2020

Ford Motor Company (NYSE: F) recently announced it is committing to invest $1.8 billion to become the first manufacturer in Canada to build full battery electric vehicles (BEVs).