Archives

MIT-Founded Venture Firm The Engine Raises $230 Million With Harvard As A Limited Partner

By Amit Chowdhry ● Oct 27, 2020

The Engine -- which is a venture firm founded by MIT in 2016 -- announced it has raised $230 million for the second round of funding. These are the details.

Intelligent Visual Assistance Company TechSee Raises $30 Million

By Annie Baker ● Oct 27, 2020

Intelligent Visual Assistance leader TechSee announced it has raised $30 million in Series C funding. These are the details.

AMD And Xilinx (XLNX) Confirm $35 Billion Acquisition

By Amit Chowdhry ● Oct 27, 2020

Today AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) have confirmed that they have entered into a definitive agreement for AMD to buy Xilinx in an all-stock transaction valued at $35 billion. These are the details.

Why Bayer Is Buying AskBio For $4 Billion (BAYRY)

By Amit Chowdhry ● Oct 27, 2020

Bayer AG (OTCMKTS: BAYRY) recently announced it is buying Asklepios BioPharmaceutical (AskBio). These are the details about the deal.

AIG Announces New CEO And Plan To Spin Off Retirement Operations

By Amit Chowdhry ● Oct 27, 2020

This week, American International Group Inc (NYSE: AIG) announced that its board approved of a plan to separate its life and retirement operations from the rest of the company. And AIG also announced it is naming President Peter Zaffino as CEO, effective next year.

NTT Announces NTTVC Venture Firm With $500 Million Fund

By Noah Long ● Oct 26, 2020

NTTVC has announced the launch of the NTTVC venture firm with a $500 million fund. These are the details.

OpenText (OTEX) Reveals Flexible Cloud Platform For Developers

By Dan Anderson ● Oct 26, 2020

Today OpenText (NASDAQ: OTEX) announced the OpenText Developer Cloud -- which is a cloud platform application development based on OpenText information management services.

Why Ansys (ANSS) Is Buying Analytical Graphics

By Annie Baker ● Oct 26, 2020

Ansys (NASDAQ:ANSS) -- a global leader and innovator of engineering simulation software -- announced that it entered into a definitive agreement to buy Analytical Graphics (AGI). These are the details.

Water Intelligence And Analytics Company KETOS Secures $18 Million

By Amit Chowdhry ● Oct 26, 2020

Water intelligence and analytics innovator KETOS announced it has raised $18 million in funding. These are the details.

Mobile Device Digital Forensics Company Grayshift Raises $47 Million

By Noah Long ● Oct 26, 2020

Grayshift -- a leading provider of mobile device digital forensics that specializes in access and extraction -- announced it has raised $47 million in Series A funding.

Thoma Bravo Completes Massive $22.8 Billion Fundraise

By Amit Chowdhry ● Oct 26, 2020

Private equity firm Thoma Bravo announced that it completed the fundraising for 3 funds, totaling over $22.8 billion in capital commitments. These are the details.

Blackstone Group (BX) To Acquire Simply Self Storage From Brookfield (BAM) For $1.2 Billion

By Dan Anderson ● Oct 26, 2020

Blackstone Group Inc (NYSE: BX) announced it is buying Simply Self Storage from Brookfield Asset Management Inc (NYSE: BAM) for about $1.2 billion. These are the details.

Cenovus (CVE) Acquiring Husky Energy (HSE) In $2.9 Billion Deal

By Amit Chowdhry ● Oct 25, 2020

Cenovus Energy Inc (NYSE: CVE) (TSE: CVE) announced it is buying Husky Energy Inc. (TSE: HSE) in an all-stock deal that is valued at C$3.8 billion ($2.9 billion). These are the details you should know.

Why Solarwinds (SWI) Is Buying SentryOne

By Annie Baker ● Oct 25, 2020

SolarWinds (NYSE:SWI), a company that is known as being a provider of affordable IT management software, announced recently that it signed a definitive agreement to buy SentryOne. This is why.

Lordstown And DiamondPeak (DPHC) Complete Business Combination

By Dan Anderson ● Oct 25, 2020

Lordstown Motors Corp. and DiamondPeak Holdings Corp (NASDAQ: DPHC) recently announced the closing of a business combination. These are the details.

Inspire Brands Near Deal To Buy Dunkin Brands (DNKN) For $9 Billion: Report

By Amit Chowdhry ● Oct 25, 2020

Dunkin Brands Group Inc (NASDAQ: DNKN) -- the company behind Dunkin' Donuts and Baskin-Robbins -- is reportedly near a deal to be acquired by Inspire Brands. These are the details.

Amazon (AMZN) To Open 700,000 Sq. Ft Fulfillment Center In Waco, Texas

By Amit Chowdhry ● Oct 24, 2020

Amazon.com, Inc. (NASDAQ: AMZN) will be opening up its first fulfillment center in Waco, Texas -- which is anticipated to launch in 2021. These are the details.

Costco (COST) Is Now Selling At-Home COVID-19 Tests For $130

By Amit Chowdhry ● Oct 24, 2020

Costco Wholesale Corporation (NASDAQ: COST) is now selling at-home COVID-19 tests. These are the details.

Why iHeartMedia (IHRT) Is Buying Voxnest

By Amit Chowdhry ● Oct 24, 2020

iHeartMedia (NASDAQ: IHRT) announced this week that it is buying Voxnest, which is the leading consolidated marketplace for podcasts and provider of podcast analytics. These are the details.

All-In-One Banking App Company Lili Raises $15 Million

By Annie Baker ● Oct 23, 2020

All-in-one banking app company Lili announced it raised a $15 million funding round. These are the details.

Financial Technology Company StreetShares Raises $10 Million

By Dan Anderson ● Oct 23, 2020

StreetShares, a mission-driven financial technology company, announced they secured a $10 million round of funding.

Yext Names Hillary Smith To Board Of Directors

By Annie Baker ● Oct 23, 2020

Search Experience Cloud company Yext, Inc. (NYSE: YEXT) announced it named Hillary Smith to its Board of Directors, effective October 21, 2020.

Microsoft (MSFT) And Honeywell (HON) Partner On AI-Driven Autonomous Controls

By Amit Chowdhry ● Oct 23, 2020

This week, Microsoft Corporation (NASDAQ: MSFT) and Honeywell International Inc. (NYSE: HON) have formed a new collaboration. These are the details.

Why Cognizant (CTSH) Is Buying Bright Wolf

By Noah Long ● Oct 22, 2020

Cognizant (Nasdaq: CTSH) recently announced it is buying Bright Wolf. These are the details about the deal.

Arctic Wolf: $200 Million Funding, $1.3 Billion Valuation, Headquarters Moving To Eden Prairie

By Amit Chowdhry ● Oct 22, 2020

Security operations leader Arctic Wolf announced it raised $200 million in Series E funding at a valuation of $1.3 billion.

T-Mobile Launches Venture Capital Fund To Drive 5G Innovation

By Dan Anderson ● Oct 22, 2020

T-Mobile (NASDAQ: TMUS) announced it is fueling 5G innovation by setting up a new multi-year investment fund through T-Mobile Ventures that is focused on early and emerging companies that are developing 5G products and services

Satellite Analytics Company AiDash Raises $6 Million

By Dan Anderson ● Oct 22, 2020

Leading satellite analytics company AiDash announced it has raised $6 million in Series A funding led by Benhamou Global Ventures and National Grid Partners.

Amazon (AMZN) To Invest $100 Million In Mexico-Based Logistics

By Amit Chowdhry ● Oct 22, 2020

Amazon.com, Inc. (NASDAQ: AMZN) announced it will be investing $100 million in new warehouses across Mexico. These are the details.

Quibi To Shut Down

By Amit Chowdhry ● Oct 22, 2020

Short-form video company Quibi is shutting down. These are the details.

Intelligent Website Optimization Company Intellimize Closes $12 Million

By Noah Long ● Oct 22, 2020

Intellimize -- the leader in AI-driven intelligent website optimization -- announced it has raised $12 million in additional funding led by Addition.