Archives

Why Platinum Equity Is Buying Ingram Micro For $7.2 Billion

By Amit Chowdhry ● Dec 15, 2020

Platinum Equity recently announced that it entered into a definitive agreement to buy Ingram Micro. These are the details.

Remote Work Platform Turing.com Raises $32 Million In Series B

By Amit Chowdhry ● Dec 15, 2020

Turing.com — an automated platform that lets companies hire remote developers at the touch of a button — announced it has raised a $32 million Series B funding round led by WestBridge Capital. These are the details.

Why Reddit Is Buying Dubsmash

By Amit Chowdhry ● Dec 15, 2020

Social news aggregation company Reddit announced it is buying Dubsmash. These are the details.

Health Technology Company Well Secures $40 Million In Series A Funding

By Dan Anderson ● Dec 15, 2020

Well — a company that utilizes leading-edge artificial intelligence and behavioral economics to help its members achieve their best health — announced the completion of $40 million in Series A financing. These are the details.

Application Intelligence Company Bionic Raises $17 Million

By Annie Baker ● Dec 15, 2020

Application intelligence company Bionic recently announced it emerged from stealth with $17 million in funding.

Why Vista Equity Partners Is Buying Pluralsight (PS) For $3.5 Billion

By Amit Chowdhry ● Dec 15, 2020

Technology workforce development company Pluralsight, Inc. (NASDAQ: PS) recently announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners. These are the details about the deal.

Why Electronic Arts Is Buying Codemasters For $1.2 Billion

By Amit Chowdhry ● Dec 15, 2020

Electronic Arts Inc. (NASDAQ: EA) recently announced it reached an agreement to buy UK-based racing game developer Codemasters in a deal that is valued at $1.2 billion. These are the details.

Analytics Services Company Tredence Raises $30 Million

By Noah Long ● Dec 15, 2020

Tredence — a leading provider of analytics services and solutions — announced that it has secured $30 million in funding from Chicago Pacific Founders (CPF). These are the details.

Why Gilead Sciences (GILD) Is Buying MYR GmbH For Up To €1.45 Billion

By Amit Chowdhry ● Dec 14, 2020

Gilead Sciences, Inc. (Nasdaq: GILD) and MYR GmbH recently announced that the companies have entered into a definitive agreement pursuant to which Gilead will acquire MYR for approximately €1.15 billion in cash, payable upon closing of the transaction plus a potential future milestone payment of up to €300 million.

Identity Verification Company Vouched Raises $3 Million

By Dan Anderson ● Dec 14, 2020

Vouched — a rapidly-growing developer of proprietary AI and computer vision for end-to-end identity verification and real-time fraud detection — announced a $3 million funding round. These are the details.

Sony Buying Crunchyroll From AT&T For $1.175 Billion In Cash

By Annie Baker ● Dec 14, 2020

Sony is buying AT&T’s animation subsidiary Crunchyroll for $1.175 billion in cash. These are the details.

Insurance Company At-Bay Secures $34 Million In Series C Funding

By Annie Baker ● Dec 14, 2020

Insurance company At-Bay announced it has raised $34 million in Series C funding. These are the details.

GitOps Creator Weaveworks Raises $36.65 Million In Series C

By Noah Long ● Dec 14, 2020

Weaveworks — the company behind GitOps — announced it has raised $36.65 million in Series C funding. These are the details.

Frictionless Passwordless Authentication Company Beyond Identity Closes $75 Million

By Amit Chowdhry ● Dec 14, 2020

Beyond Identity announced that it has raised $75 million in Series B funding from existing investors. These are the details.

Targeted Radiopharmaceuticals Company RayzeBio Raises $105 Million

By Dan Anderson ● Dec 14, 2020

RayzeBio announced that it has raised $105 million in Series B funding led by Venrock Healthcare Capital Partners.

Why Huntington Bancshares And TCF Financial Are Merging In $22 Billion Deal

By Amit Chowdhry ● Dec 14, 2020

Huntington Bancshares (Nasdaq: HBAN) and TCF Financial Corporation (Nasdaq: TCF) announced a definitive agreement under which the companies will combine in a deal valued at $22 billion.

Why NortonLifeLock Is Buying Avira For About $360 Million

By Dan Anderson ● Dec 14, 2020

NortonLifeLock (NASDAQ: NLOK) recently announced it is buying Avira in an all-cash transaction for approximately $360 million from Investcorp Technology Partners. These are the details.

XPO Logistics: Why The Company Is Spinning Off Logistics Operations

By Amit Chowdhry ● Dec 14, 2020

XPO Logistics (NYSE:XPO) saw an increase of 13.66% in its stock price over the past month as it went from $106.34 to $120.87. This is why.

Hyundai Buying Controlling Interest In Boston Dynamics From SoftBank

By Amit Chowdhry ● Dec 13, 2020

Hyundai Motor Company (OTCMKTS: HYMTF) announced it is buying an 80% stake in Boston Dynamics in a deal that values the robotics company at $1.1 billion. These are the details.

Why AstraZeneca (AZN) Is Buying Alexion (ALXN) For $39 Billion

By Amit Chowdhry ● Dec 13, 2020

AstraZeneca plc (NASDAQ: AZN) announced it is buying Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) for $39 billion in cash and shares. These are the details.

Why Stratasys (SSYS) Is Buying Origin For Up To $100 Million

By Amit Chowdhry ● Dec 11, 2020

Stratasys Ltd (NASDAQ: SSYS) recently announced that it signed an agreement to buy Origin in a deal for a total consideration of up to $100 million including cash and stock.

Akasha Imaging Raises 10.75 Million In Series A Funding

By Amit Chowdhry ● Dec 11, 2020

Akasha Imaging, a pioneer in deep imaging technology, announced that it has raised $10.75 million in a Series A funding round led by Khosla Ventures. These are the details.

Proactive Model Monitoring Solution Arthur Secures $15 Million

By Annie Baker ● Dec 11, 2020

Arthur announced that it has raised $15 million in Series A funding to scale operations and meet surging customer demand.

Rally Ventures Closes Oversubscribed Fund IV At $250 Million

By Noah Long ● Dec 11, 2020

Rally Ventures -- a national leader in business technology investing -- announced it has closed Rally IV, which is a $250 million fund to invest in Seed and Series A companies bringing innovative approaches to enterprise technology.

Primary Care Operations Infrastructure Company Pair Team Raises $2.7 Million

By Dan Anderson ● Dec 11, 2020

Pair Team -- a primary care operations infrastructure company -- announced that it has raised $2.7 million in a seed round of funding by Kleiner Perkins, Craft Ventures, and Y Combinator. These are the details.

Smart Building Intelligence Platform Clockworks Analytics Secures $8 Million

By Annie Baker ● Dec 11, 2020

Clockworks Analytics -- the company behind Clockworks (the most widely utilized cloud-based building analytics platform in the world) -- announced that it has raised $8 million in funding.

Cloud-Native Data Protection Company Trilio Raises $15 Million

By Amit Chowdhry ● Dec 11, 2020

Trilio -- a leading provider of data protection for cloud-native environments -- announced that it has raised $15 million in funding led by SKK Ventures. These are the details.

Asynchronous Short Video Platform Voodle Raises $6 Million

By Dan Anderson ● Dec 11, 2020

Voodle -- an asynchronous short video platform that is purpose-built for remote teams and the new workplace -- announced that it has raised $6 million in funding.

Relational Database Company SingleStore Raises $80 Million

By Noah Long ● Dec 11, 2020

SQL database management company SingleStore announced it has raised $80 million in a new round of funding. These are the details.

Calm: $75 Million Funding And $2 Billion Valuation

By Amit Chowdhry ● Dec 10, 2020

Meditation app company Calm announced it has raised $75 million in funding at a valuation of $2 billion. These are the details.