COPENHAGEN – Cegid, a European leader in cloud business software, and Shine, a fast-growing fintech unicorn, announced Wednesday a definitive agreement to merge, creating a new powerhouse in software for small and medium-sized businesses (SMBs) and their accountants across Europe. The combined company aims to form the first fully integrated, cloud-native, and AI-driven financial hub…
GAITHERSBURG – AstraZeneca said on Monday it will invest $2 billion to expand its manufacturing footprint in Maryland, including a major expansion of its biologics facility in Frederick and construction of a new clinical manufacturing site in Gaithersburg. The investment will support 2,600 jobs across the two sites, including 300 highly skilled roles, retention…
NEW YORK: Accenture (NYSE: ACN) has acquired RANGR Data, a U.S.-based certified Palantir partner with deep experience in driving scaled transformation through a client-centric approach. Terms of the transaction were not disclosed. The acquisition expands Accenture’s engineering talent and capabilities, further strengthening its position to drive enterprise reinvention for clients. RANGR helps organizations optimize…
SAN JOSE – Adobe Inc. said on Wednesday it has agreed to acquire search engine marketing platform Semrush Holdings Inc. for $1.9 billion in cash, a move aimed at bolstering its marketing tools for clients navigating the artificial intelligence era. The design and marketing software giant will pay $12 per share for Semrush, sending the…
SEATTLE: Marchex Inc. (NASDAQ: MCHX), a provider of AI-powered conversational intelligence, announced on Thursday it has entered into an agreement in principle to acquire Archenia, Inc., a performance-based customer acquisition company, in a deal structured to accelerate its push into AI-verified marketing outcomes. The proposed transaction, valued around $10 million upfront, will see Marchex…
SYDNEY — Vection Technologies Ltd (ASX:VR1) said on Tuesday it will acquire Hong Kong and Singapore-based digital marketing agency Monogic Limited in a scrip-only deal aimed at accelerating its expansion across the Asia-Pacific region. The acquisition, expected to close by Dec. 31 pending regulatory and shareholder approvals, will see Vection issue up to A$1.6…
HOUSTON – CoLab, a provider of artificial intelligence software for engineering teams, said on Tuesday it raised $72 million in a Series C funding round led by Intrepid Growth Partners, as demand surges for AI that can capture expert knowledge and accelerate complex design decisions. The funding round affirms CoLab’s position in the competitive field…
BIELEFELD – HgCapital Trust plc (HgT), today announces an investment of approximately £19 million in Diamant Software GmbH. HgT invests alongside other institutional clients of Hg, which is investing from its Hg Genesis Fund. These figures only relate to HgT’s share of Hg’s overall investment in Diamant Software. HgT, whose shares are listed on…
AMSTERDAM – Life sciences company QIAGEN NV said on Monday it has agreed to acquire Parse Biosciences, a provider of single-cell sequencing solutions, for an upfront $225 million in cash, aiming to capture a larger share of the fast-growing market for analyzing individual cells. The deal for the privately held U.S.-based company includes the…
NORTH READING – Teradyne, Inc. (NASDAQ: TER) on Tuesday reported 4.34% YoY increase in revenue to $769 million for the third quarter of 2025 of which $606 million was in Semiconductor Test, $88 million in Product Test, and $75 million in Robotics. According to stock filing, GAAP net income for the third quarter of…
HELSINKI — Nokia announced Tuesday that chipmaker Nvidia is acquiring a $1 billion stake in the Finnish networking company, a move that sent Nokia’s shares soaring and marks the latest in a series of strategic partnerships for the artificial intelligence giant. Under the deal, Nokia will issue more than 166 million new shares to…