The collaboration between Nvidia and Snowflake brings AI computing to the cloud, empowering businesses across industries to leverage their data for training AI models and gaining a competitive advantage.
Thomson Reuters, a renowned news and information company, has announced its plans to acquire Casetext, a legal startup, in a $650 million all-cash deal. The acquisition aligns with Thomson Reuters’ strategy to invest in artificial intelligence (AI), with a planned annual expenditure of approximately $100 million for AI initiatives. This investment is separate from the … Read more
Norwood-based company SourceCode is set to acquire Boston Limited, a UK-EU provider of high-performance server and storage solutions. The financial details of the transaction were not disclosed, but the deal is expected to be completed on June 30, 2023. The acquisition will allow SourceCode to expand its global presence and offer a wider range of … Read more
Amedisys will pay $106 million to Option Care Health to terminate their agreement.
The financial terms of the acquisition were not disclosed. This marks Ramp’s first acquisition since purchasing negotiation platform Buyer in 2021 and its second since its establishment in 2019.
The acquisition by ThoughtSpot will enable Mode to leverage its integrated, code-first experience to deliver even more value to data teams.
The acquisition is expected to close in the second half of 2023, pending regulatory approval. Apptio brings a substantial customer base of 1,500 enterprises, including over half of the Fortune 100, along with key partnerships with major cloud service providers.
The acquisition of R&R Rentals expands Sunbelt Rentals’ presence in the Seattle area and reinforces its position in the equipment rental market.
San Francisco-based data observability company Bigeye has acquired Data Advantage Group, a provider of the MetaCenter metadata collection and data lineage platform. The financial details of the deal were not disclosed. With the integration of Data Advantage Group’s data lineage capabilities, Bigeye can automatically map data lineage across various data infrastructure components such as transactional … Read more
Robinhood, the popular cryptocurrency and stock trading website, is set to expand its product offerings with the acquisition of credit card startup X1. The $95 million deal aims to provide Robinhood with an additional revenue stream and strengthen its existing user base. Through the integration of X1’s income-based credit card, Robinhood plans to revolutionize its … Read more