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South Jersey tech firm Corcentric makes $100M acquisition
The deal comes less than a year after the Cherry Hill-based company received $80 million in growth capital from a New York-based private equity firm......»»
OnePlus cofounder"s new smart device startup Nothing acquired Andy Rubin"s troubled, now-defunct Essential brand
OnePlus cofounder Carl Pei's latest tech venture, Nothing, now owns multiple trademarks from Andy Rubin's defunct smartphone firm Essential. Nothing founde.....»»
Microsoft reportedly tried to buy $51 billion Pinterest, in what could have been the tech firm"s biggest deal
Pinterest, which has gained 100 million monthly active users in .....»»
Seattle tech marketing firm Audienz acquired by The Channel Co., eyes growth
The newly acquired company has already hired five people since the deal, and aims to add more this year......»»
Amazon, Facebook, other tech giants spent roughly $65 million to lobby Washington last year
The sizable sums foreshadow the political blitz that Silicon Valley is likely to mount in the face of fresh promises from President Biden and his new Democratic control in Congress that they plan to rein in the tech industry......»»
Indian HR Firm DarwinBox Raises $15m for Southeast Asia Scale
Human resources tech startup DarwinBox has raised a $15 million Series C funding round, as it aims to scale its platform deeper into the sou.....»»
Philadelphia firm sells Charlotte office tower for $115M
The company acquired the building in 2017 for $148.5 million......»»
Silicon Valley tech leader Rabois buys Miami Beach mansion for $29M (Photos)
Keith Rabois, general partner of venture capital firm Founders Fund and a longtime executive at Silicon Valley technology firms, is moving to Miami Beach after purchasing a mansion for $28.94 million. Andre Radandt, the former CEO of beverage company Bo.....»»
Richardson’s RealPage being acquired in $10 billion deal by PE firm
RealPage is going private in a roughly $10 billion acquisition deal. Thoma Bravo, a private equity firm, has entered into an agreement to acquire the Richardson technology company, according to a statement on Monday. RealPage, which provides k.....»»
Investors in breached software firm SolarWinds traded $280 million in stock days before hack was revealed
The timing of the trades raises questions about whether major shareholders used inside information to avoid stark losses after the attack. The company’s share price has plunged roughly 22 percent since its role in the breach was revealed......»»
Quizlet raises $30M, joins billion-dollar valuation club
Education tech firm Quizlet is the latest member of the billion-dollar valuation club. The San Francisco company, founded in 2005 by a sophomore in high school, raised a $30 million series C this week with a valuation of $1 billion. That’s nearly .....»»
KC wealth manager makes foray into Omaha with acquisition
Frontier Wealth Management LLC acquired a firm in Omaha that will add $200 million in assets under management. Karstens Investment Counsel, which also has $500 million in assets under administration, represents Frontier’s first location in Omah.....»»
Philly startup raises $12.9M, led by prominent Silicon Valley VC firm
Philadelphia tech startup Fishtown Analytics raised a $12.9 million funding round, led by Andreessen Horowitz, one of the country's most well-known Silicon Valley venture capital firms. Founded by alums of RJ Metrics and its spinout Stitch — tw.....»»
Insteel buys its South Carolina-based competitor for $22.5 million
Mount Airy-based Insteel Industries (NASDAQ: IIIN) this week announced its wholly owned subsidiary, Insteel Wire Products, has acquired the assets of Strand-Tech Manufacturing of Summerville, South Carolina, for $22.5 million, subject to post-closing a.....»»
Tech company receives $30 million, wants to double its Tampa Bay presence
The company is eyeing roughly 40 new hires before 2021......»»
Much of HP Enterprise"s Roseville campus sold again in two deals
In two separate deals, much of the campus developed for tech firm Hewlett Packard Enterprise in Roseville has sold, for more than $140 million combined......»»
Another office portfolio in airport submarket acquired, netting nine figures in sale
Charlotte-based private equity real estate investment firm South Street Partners acquired Coliseum Centre Three, Five and Six for $102 million......»»
Boston-based Indigo Ag sheds 150 jobs
After a streak of layoffs at prominent public tech companies, another Boston firm has reduced its workforce. This time, the company making cuts is private, valued over $1 billion, fresh off a $200 million funding round, and has a major Memphis pres.....»»
Fast-growing Portland-area tech firm files for IPO
Vancouver-based ZoomInfo has filed for an initial public offering with the Securities and Exchange Commission. The company, which plans to list on the Nasdaq exchange under the ticker “ZI,†could raise $500 million, according to paperwork, but th.....»»
Facebook just acquired the virtual reality studio behind the critically-acclaimed role-playing game "Asgard"s Wrath"
Facebook/Tech Insider Facebook has bought Sanzaru Games, a US video game developer that makes games for the Oculus virtual reality platform. Since.....»»