Datto, the leading provider of total data protection solutions for businesses around the world, today announced it has entered into a definitive agreement to be acquired by Vista Equity Partners (“Vista”), a leading investment firm focused on software, data and technology-enabled businesses. The acquisition combines the leading backup and disaster recovery solutions with Vista’s strategic and operational expertise for supporting high-growth technology companies.
Alyce, Inc., whose AI-powered “nail the perfect gift” engagement platform was founded to disrupt the $120 billion business gifting market, today announced a $5.3 million financing round to aggressively expand the platform and accelerate sales.
Alyce customers leverage human-enhanced artificial intelligence (AI) for gifting superpowers to send the perfect gift to their most important prospects, customers or employees, selected from over 30,000 products on the Alyce marketplace.
Delphi Automotive PLC (NYSE: DLPH) announced today that it has signed an agreement to acquire nuTonomy, Inc. for an upfront purchase price of $400 million and earn-outs totaling approximately $50 million. The transaction brings together the leading start-up and Tier 1 in autonomous driving (AD) and further accelerates Delphi's commercialization of AD and Automated Mobility on-Demand (AMoD) solutions for automakers and new mobility customers worldwide.
As reported by Xconomy:
Devoted Health, a new healthcare company created by former Athenahealth leaders, has raised nearly $62 million from investors, according to a document filed with the SEC.
Devoted has now raised a total of $69 million from Venrock and other groups and individual investors, spokesman Kenneth Baer said in an e-mail to Xconomy... READ MORE
Digi International®, (NASDAQ: DGII, www.digi.com), a leading global provider of Internet of Things (IoT) products and services, today announced that it has acquired TempAlert, a provider of automated, real-time temperature monitoring and task management solutions for the healthcare, industrial and foodservice industries. TempAlert will join the Digi Smart Solutions™ team. Digi purchased Boston-based TempAlert for $45 million in cash plus future earn out incentives.