Archives

Why Sanofi Is Buying Kymab For Up To $1.45 Billion

By Noah Long ● Jan 13, 2021

Sanofi recently announced that it is going to buy Kymab. These are the details.

Martin Schroeter Named As CEO Of IBM’s NewCo Spinoff

By Amit Chowdhry ● Jan 11, 2021

IBM recently announced it has named Martin Schroeter as the CEO of the company’s new infrastructure business unit. These are the details.

Autonomous Vehicle Software Company Oxbotica Raises $47 Million

By Noah Long ● Jan 11, 2021

Oxbotica — a global leader in autonomous vehicle software — announced it has raised $47 million in Series B funding. These are the details.

Meatless Snack Company Outstanding Foods Raises $10 Million

By Amit Chowdhry ● Jan 11, 2021

Outstanding Foods — the maker of PigOut Pigless Pork Rinds and TakeOut Meal-In-A-Bag Puffs — announced it has raised $10 million in Series A funding led by SternAegis Ventures.

Roku Buys Quibi Content

By Amit Chowdhry ● Jan 11, 2021

Roku Inc (NASDAQ: ROKU) has bought the rights to Quibi’s content for a price reported at under $100 million. These are the details.

Why Cognizant (CTSH) Is Buying Servian

By Amit Chowdhry ● Jan 11, 2021

Cognizant (Nasdaq: CTSH) recently announced it has entered into an agreement to acquire Servian. These are the details.

Roblox: $520 Million Funding And $29.5 Billion Valuation

By Amit Chowdhry ● Jan 10, 2021

Roblox, an online gaming company for kids, announced this past week that it raised $520 million in a private funding round at a valuation of $29.5 billion. These are the details.

Apple (AAPL) Having Discussions With Hyundai About Car Project

By Amit Chowdhry ● Jan 9, 2021

Apple Inc (NASDAQ: AAPL) is in the midst of discussions with Hyundai about potential car projects. These are the details.

Color: $167 Million Series D Funding And $1.5 Billion Valuation

By Amit Chowdhry ● Jan 8, 2021

Color — a health tech company that is committed to advancing public health — today announced a $167 million Series D financing round at a $1.5 billion valuation. These are the details.

One Way Ventures Closes Second Fund At $57.5 Million

By Amit Chowdhry ● Jan 8, 2021

One Way Ventures — a Boston-based venture capital firm that backs companies with at least one immigrant founder — announced it closed a second fund at $57.5 million.

AMP Robotics Closes $55 Million In Funding

By Dan Anderson ● Jan 8, 2021

AMP Robotics — a pioneer in artificial intelligence (AI) and robotics for the waste industry — announced it has raised $55 million in Series B funding.

CRED: $81 Million Funding And $806 Million Valuation

By Annie Baker ● Jan 8, 2021

CRED announced it has raised $81 million in funding at an $806 million valuation.

Divvy: $165 Million Series D Funding And $1.6 Billion Valuation

By Amit Chowdhry ● Jan 7, 2021

Divvy — a leader in spend management that modernizes finances for businesses by combining expense management software and smart corporate cards into a single platform — announced recently that it raised $165 million in Series D funding at a valuation of $1.6 billion

Lockheed Martin Awarded $1.28 Billion F-35 And $4.9 Billion Space Vehicle Contracts

By Amit Chowdhry ● Jan 7, 2021

Lockheed Martin Corporation (NYSE: LMT) announced this week that it has signed a couple of major contracts. These are the details.

Nintendo Buying Next Level Games: Details About The Deal

By Dan Anderson ● Jan 7, 2021

Nintendo recently announced it reached an agreement to buy Vancouver-based Next Level Games. These are the details.

Twitter Is Buying Podcast App Company Breaker

By Noah Long ● Jan 6, 2021

Twitter Inc (NYSE: TWTR) recently announced it is buying a social podcast app company called Breaker. These are the details.

FlashParking And Arrive Merging To Create A Touchless Digital Mobility Platform

By Dan Anderson ● Jan 6, 2021

FlashParking and Arrive Mobility are merging to create an end-to-end touchless digital mobility platform. These are the details.

Salesforce.com (CRM) Names Sarah Franklin As CMO

By Amit Chowdhry ● Jan 6, 2021

Salesforce.com, Inc. (NYSE: CRM) announced it is naming Sarah Franklin as the chief marketing officer of the company. These are the details.

Qualcomm President Cristiano Amon Succeeding Steve Mollenkopf As CEO

By Amit Chowdhry ● Jan 6, 2021

Qualcomm, Inc. (NASDAQ: QCOM) announced this week that its Board of Directors has unanimously selected Cristiano Amon to succeed Steve Mollenkopf as CEO, effective June 30, 2021. These are the details.

UnitedHealth Group Inc (UNH) Buying Change Healthcare (CHNG) In Over $13 Billion Deal

By Amit Chowdhry ● Jan 6, 2021

UnitedHealth Group Inc (NYSE: UNH) has announced it is buying Change Healthcare Inc (NASDAQ: CHNG) as part of a $13 billion deal. These are the details.

Why ATN International (ATNI) Is Buying Alaska Communications Systems (ALSK) For About $332 Million

By Noah Long ● Jan 4, 2021

Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) announced it entered into a definitive agreement pursuant to which it will be acquired by a newly formed entity owned by ATN International, Inc. (NASDAQ: ATNI). These are the details.

Teledyne (TDY) To Buy FLIR Systems (FLIR) For About $8 Billion

By Amit Chowdhry ● Jan 4, 2021

Teledyne Technologies Incorporated (NYSE: TDY) announced it is buying FLIR Systems, Inc. (NASDAQ: FLIR) for approximately $8 billion in a cash-and-stock deal. These are the details.

SomaLogic Adds $81 Million To Current Funding Round, Bringing Total To $214 Million

By Annie Baker ● Jan 4, 2021

SomaLogic — a leader in proteomic discovery and applications transforming biomedical discovery and clinical diagnostics — announced that it added $81 million to its current funding round.

Graphcore: $222 Million In Series E Funding And $2.77 Billion Valuation

By Dan Anderson ● Jan 4, 2021

Graphcore - a maker of an Intelligence Processing Unit (a new type of microprocessor specifically designed to support artificial intelligence workloads) – announced that it has raised $222 million in a Series E funding.

Applied Materials (AMAT) Increases Bid For Kokusai Electric To $3.5 Billion

By Amit Chowdhry ● Jan 4, 2021

Applied Materials, Inc. (NASDAQ: AMAT) announced it is increasing its offer to buy Kokusai Electric from KKR & Co. These are the details.

Roku Reportedly In Talks To Buy Shows From Quibi: Report

By Amit Chowdhry ● Jan 4, 2021

Roku Inc (NASDAQ: ROKU) is reportedly in talks to buy the content library from Quibi. These are the details.

Madrona Venture Group Closes Over $500 Million For Two New Funds

By Dan Anderson ● Jan 3, 2021

Madrona Venture Group — a Seattle-based leading venture capital firm — announced it has closed over $500 million in new funds. These are the details.

Bitcoin Surges To New High At Over $33,000

By Amit Chowdhry ● Jan 2, 2021

Bitcoin has hit a new high at over $33,000 today. These are the details.

Sundial (SNDL) Announces Acquisition Of Special Purpose Vehicle For CAD $58.9 Million

By Amit Chowdhry ● Jan 2, 2021

Sundial Growers Inc. (Nasdaq: SNDL) recently announced that it has closed the acquisition of a special purpose vehicle. These are the details.

Why McCormick (MKC) Is Buying FONA International For $710 Million

By Annie Baker ● Jan 2, 2021

McCormick & Company Inc. (NYSE: MKC) recently announced that it is buying 100% of the shares of FONA International for $710 million in cash. These are the details.